
How to Buy a Home: #1 First Time Homebuyer Podcast
Seller Panic Is Boosting First Time Homebuyer Affordability
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About this episode
20.8% of homes had a price cut in September, the highest since 2018, and you can turn that seller panic into real savings even with rates over 7%. Headlines say rates over 7% have created an affordability crisis, but for the first time in 15 years, sellers can't hold their prices. You'll see the data behind today's price cuts, builder incentives, and seller concessions, including how a $10,000 concession on a $400,000 home cuts the cash you need to buy by 31%. Then find out which regions are seeing the biggest gains, and why proactive buyers with a plan are winning while reactive buyers wait on the sidelines. "These higher interest rates are actually making it MORE affordable for you now…