New Home Prices Just Dropped? What Buyers Need to Know

Added: 2026-05-07

[00:00:00]Did housing in the US just get more affordable?

[00:00:05]Maybe. HUD just rescinded the 2024 rule that tied FHA and USDA loans to stricter energy code compliance on new construction. Sounds boring. Well, it's not. That rule was adding 20 to 30,000 dollars to the cost of building a new home. So, builders pulled back, buyers got priced out. Now, the rule's gone.

[00:00:24]For first-time buyers using FHA, that matters. For builders sitting on the land they couldn't pencil out, that matters more. Will it move the needle here on Long Island or in Queens?

[00:00:35]Probably less directly, um because most of what we do is resale, but anything that puts builders back to work is going to be healthy for the market. So, if you've got questions on what this means for you, hit me up in the DMs.