The Tony Brown Team

The median new construction home sold for $387,400 in March, the lowest level in nearly five years. Prices have fallen 6.2% in the last year, even as older homes are still slowly appreciating.

New homes haven't been this cheap since 2021. Buyers are starting to take notice The price relief for new construction buyers comes as builders continue to adjust to the housing market’s affordability problem. Many are slashing prices to compete in high-supply markets in the Southeast and Mountain West, and building smaller homes with simpler finishes that are in reach for mor...

This season feels more measured than the usual spring rush.

Spring buyers are moving slowly, and home design matters more The spring housing market arrived with rising inventory, mixed price signals, and mortgage rates that remained high enough to keep affordability concerns in focus. Many buyers chose to wait due to affordability concerns and general economic uncertainty. Sellers responded by pricing more carefully to...