Prices stable, incentives available, more homes coming: Is this the calm before the buying surge?

Each month, NewHomeSource parent company Zonda surveys homebuilders to understand current trends and market sentiment. While these surveys are primarily focused on builders’ business conditions, they also offer clues for homebuyers about what’s happening — and what could be coming — in the housing market.

Below are three takeaways from the September responses that buyers should know.

Lower mortgage rates aren’t moving the needle . Interest rates dipped slightly in September, coming close to 6%, before increasing to around 6.3% to end the month. Builders report the small decrease hasn’t noticeably increased buyer traffic or demand. Many builders are still offering mortgage rate buydowns

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