If you are anywhere close to being in a position to buy a new home in the Raleigh area, you need to call me right away! Raleigh builders are doing something very unusual. They are discounting new homes!
In the past few weeks I have written two contracts for new homes at significant discounts. One was a $510,000 custom built home that sold for $465,000. The other was a $240,000 new home that sold for $223,000 with $3,000 builder paid closing costs. Six months ago these builders would not have even considered these discounts.
Why are the prices being reduced now? One reason is a slowdown in buyer demand in the Raleigh real estate market that has been slowly developing over the past 12
