That advantage is not only present in existing homes for sale, but also in new homes. The National Association of Home Builders said last week that “41% of builders reported cutting prices in November, a record high in the post-Covid period.”
But the good news for buyers comes with a catch.
Prices remain high around the country, the inventory of homes to choose from in most locales remains somewhat limited, and interest rates are nowhere near what they were a few years ago.


