Something just happened in the housing market that’s never happened before in U.S. history. For the first time ever, it’s now cheaper to buy a brand new house than an existing one. In July 2025, the median new home price was $404,000. The median existing home price was $422,000. That’s a 4% discount for new homes. Historically, new homes cost far more. But this isn’t your parents’ housing market anymore. Builders are loaded with supply and they’re cutting prices. They’re offering mortgage rate b
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