Fed Decisions and the Real Estate Ripple Effect
In a rapidly changing real estate landscape, experts discuss the impact of various market fluctuations, including the National Association of Realtors' index dip and new home sales trends. Builders are offering more concessions, potentially lowering the median new home price.
The shift towards smaller, more efficient living spaces is highlighted, driven by generational preferences and high property costs. Millennial and Gen Z buyers are prioritizing location and smart design over expansive square footage.
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