New home sales rebound as builders chase buyers’ budgets

It’s encouraging to see new home sales pick up in August, thanks to price reductions and builder incentives. While activity reached its fastest pace in eight months, it’s still just a touch—2%—behind last year. The median price currently stands at $393,700, and there’s plenty of inventory on the market. With builder confidence feeling the strain of higher financing costs, it’s easy to feel uncertain about timing. My goal is always to help make things as smooth and stress-free as possible, so if you have questions about navigating these shifts, you’re not alone—I’m here to guide you with a supportive approach.