12/23/2025
I read this in Realtor.com and found it VERY interesting. I have not shared in a while but this was worth a repost.
๐กโ ๏ธRecent buyers of newly built homes who try to quickly resell their properties may struggle to break even on what they paid, raising a warning for buyers who aren't planning to remain in their homes long term.
๐Nationally, 6.9% of all homes constructed since 2023 are worth at least 5% less than their initial purchase price, according to a Realtor.comยฎ analysis of property value estimates. The problem is the worst in the South, where 8% of new homes are valued substantially below their initial purchase price.๐
๐The trend follows a steady series of price cuts from homebuilders, which can weaken the resale value of similar properties nearby. As well, builders in recent years have relied heavily on incentives such as mortgage rate buydowns, allowing them to command higher prices than they might otherwise.