The headlines say new home prices are falling – but the truth is more complicated. Only 119,000 of the 511,000 new homes for sale are actually finished.
And that price drop? It’s math, not a meltdown. Watch to understand what’s really happening in the market.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate