Phoenix Buyers Can Get $60,000 in Builder Incentives

Metro Phoenix buyers can tap builder incentives worth tens of thousands of dollars when purchasing new homes, creating savings on upfront and overall housing costs.
In the Phoenix area, builders have been lowering costs on new houses as they work to attract buyers in a market slowed by higher rates.
Higher home prices also contributed to slower housing activity in the Valley, helping explain why builders started offering larger discounts on newly built homes.
A housing research firm's executive said Phoenix-area builders were offering avg. >$60K in lowered costs on a new house for buyers there today.
For Phoenix shoppers considering new construction, current builder discounts show how builders are responding as higher rates and prices temper market momentum.