Homebuilders Keep a Steady Pace as the Market Cools
Pro Builder
JULY 1, 2022
The housing market is cooling, asking prices are dropping, and inventory is on the rise across the U.S., KB Home noted that its typical buyer has a household income of $125,000, a credit score around 730, and puts $75,000 down when buying a home. Importantly, people still have their jobs and incomes, so that buyer pool still exists.
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