📊 Real Estate Market Analysis: Understanding Current Trends New U.S. Census Bureau data reveals important shifts in the new home construction market that buyers and investors should understand. Key Data Points: 🔸 121,000 newly completed homes currently unsold (compared to 70,000 in July 2023) 🔸 This represents the highest inventory level in 16 years 🔸 Builders are responding with increased buyer incentives Market Dynamics: The housing market has cooled more rapidly than many builders anticip