Are new builds pretty exclusively in the mid-to-high price points, or has there been any push in builds under $350k? As a despondent FTHB hopeful, I've never even considered new builds because I assume they are out of my price range, but the stubbornness of sellers' and flippers' price points even with 7% interest rates has me wondering if builders smell blood in the water and an opportunity to earn a bigger share of the starter home market.
Are new builds pretty exclusively in the mid-to-high price points, or has there been any push in builds under $350k? As a despondent FTHB hopeful, I've never even considered new builds because I assume they are out of my price range, but the stubbornness of sellers' and flippers' price points even with 7% interest rates has me wondering if builders smell blood in the water and an opportunity to earn a bigger share of the starter home market.