Are builders reducing prices yet?

[Mike Smith]

I am first time home buyer in North texas and my closing is a month away. I am on the fence now worried about recession, job losses and depreciation in near future.

I know it is difficult to predict the future.  Does the current uncertain situation help the buyer to negotiate the price before closing?  I am ok to exit the contract and let go the earnest money if its a wiser decision during this time.  

Do you see the builders in general reducing the prices? My agent gave it a try but the builder seem to be firm.