Hello everybody! Welcome back to Suburban Snacks, where we not only inform you of current Real Estate topics but also review a different food item every month! This month’s snack is Bobo Apple Pie Bites! Before we review the snack, we’ll be informing you whether or not you can ask for a discount on newly constructed homes. If you’re a home shopper then you know that the price you see on real estate listings is nearly always negotiable. However, did you know that you can negotiate prices when buying a newly built home? These discounts are also known as builder incentives. As of the making of this video, we in Southern Arizona are currently experiencing many builder incentives. We have slowly but surely been coming into a more balanced market. And as we head into the winter holiday months, builders are having a difficult time selling their newly built homes. Just ten days ago we received news that a specific builder in our area dropped their prices by $30,000! And not only are builders undergoing price reductions, but they’re also offering rate buydown mortgage options. These rate buydowns are becoming more popular due to the higher interest rates that we’ve been seeing in the market. Builders feel that if they can make your monthly payment more affordable, then you’d be willing to move forward with a purchase. So what’s the best way to go about getting builder incentives? The best idea is to use a real estate agent whose job is to negotiate. As local Realtors, we are in communication with the builders of our communities and the discounts they’re willing to offer. By utilizing a Realtor, you can ensure that you have an advocate willing to fight for you to get the best price and terms possible. So, if you are someone looking to invest in a newly constructed home then we at Suburban would love to help! Do you like Bobo’s Apple Pie Bites? Let us know in the comments below. That’s going to do it for us here at Suburban Snacks. If you have any questions or would like to get in contact with us feel free to check out our website at suburbanrealestategroup.com. Also, make sure to click the link below to follow us on Instagram. Thanks for watching, my name is Cade Olof and we will see you in the next one!