New Home Buyers are Strapped for Cash

[Devin James]

We've sold 65+ homes and the biggest request we get from our Buyers is help with closing costs.

Most of our deals we're providing anywhere between $5K-$10K to help Buyers offset the cash requirement to purchase a home.

Even in today’s "high" interest rate environment, many Buyers prioritize closing cost assistance over an interest rate buydown.

This speaks volumes about the challenges Buyers are facing when it comes to saving enough cash to purchase a home.

It’s a reminder that understanding what Buyers need most is key to creating deals that work for everyone.

[Dominic Mazzarella]

@Devin James I definitely agree with your main point. And it's very pertinent to today's environment because it doesn't look like interest rates will be coming down much, if at all this year.