Tim Murphy, CEO of the North State Building Industry Association, said 496 newly built homes were purchased in August across the region. That's the highest number since February and more than 80 units above the historical average.
Those incentives range from buying down interest rates to bigger bedroom closets and some even more creative ideas.
Roseville has traditionally been the hottest place to buy a new home, but now there's a new leader. In August, the city of Rancho Cordova took the top spot with 91 new home sales.
The one factor not making any movement is the price. The median home cost is $595,000 — exactly the same as it was one year ago — making the dream of owning a home still out of reach for many.
So will this home-buying trend continue? Murphy said the biggest factor could be interest rates, which are predicted to be cut before the end of the year.
Builders have been working with local governments to try and reduce housing costs by lowering the mandatory development fees that pay for new roads, parks and schools, and can currently run more than $90,000 per home.
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