Why Builders Are Avoiding Entry-Level Homes in 2024

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Affordable new builds, like $225K homes, are rare. Builders focus on profitable move-up homes, especially in states like Alabama or Mississippi. They're cautious, avoiding overbuilding as seen in 2008. The hope is move-up homes will lead current entry-level homeowners to sell, increasing inventory.

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This is not investment advice. This is Financial Education.