Desire for new homes smacks up against affordability

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Inman Connect New York | January 29 - February 1, 2019

MIAMI — Surveys find that Americans tend to prefer new homes, but whether they can afford them is another question altogether. Few homebuilders have focused on the entry-level market in recent years, though that may be changing, according to panelists speaking at the National Association of Real Estate Editors (NAREE) conference today.