Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk December’s boost in new home sales. Builders were promoting a lot of incentives to move their inventory before the end of the year. And, reports say homes under $350k increased from 15% to 20% of market share. Meaning lots of first-time home buyers out there. 

Today’s article “New home sales rose in December in definance of higher mortgage rates” from realtor.com talks about despite the rise in home sales in December, 2024 was not a great year for the industry, specifically existing homes. But ultimately, we are optimistic about 2025, rates dropping, and the rise of existing home sales! Listen in as we discuss this and more!

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