New construction is giving buyers something they haven’t felt in a long time. A real chance to get the home they want and the deal they need.
More brand new homes are available today. And builders are offering incentives that make these homes more affordable than many people expect.
It’s a rare combination. And for anyone thinking about buying in Los Angeles, this window matters. Here’s why.
⸻
1. More new homes are available right now, and that may not last
Los Angeles has more new construction inventory today than we’ve seen in years. That means more modern architecture, more move in ready homes, more thoughtful design, and more opportunities to choose exactly the lifestyle you want.
But this variety may not last.
Data from Zonda shows that even though new homes feel abundant, builders have already begun slowing down their new starts. That trend is expected to continue next year.
This means the pool of brand new options buyers see today may be the widest for a while.
Redfin reports that nearly 1 in 3 homes on the market today are new builds. It’s still higher than normal, but the lowest share in four years. Builders simply want to sell the inventory they already have before adding more.
⸻
2. Builder incentives are at the highest level in years
To keep their current inventory moving, builders are offering incentives at levels we haven’t seen in a long time.
Buyers today are receiving
• price reductions
• closing cost credits
• upgrade packages
• mortgage rate buydowns
According to the National Association of Home Builders, 65 percent of builders are offering incentives. And 41 percent reported price cuts, the highest level in the post Covid period.
This is meaningful. It shows how motivated builders are right now.
And based on historical trends, incentives typically drop early in the year when buyer demand rises. That means this season gives buyers a quiet advantage.
More options. More flexibility. More savings.
⸻
Bottom Line
With generous incentives and a wider selection of new homes for sale, buyers may be looking at one of the best moments in years to purchase a new build in Los Angeles.
If you want to know which communities and builders offer the strongest value today, reach out anytime. Having your own agent gives you representation, protection, and negotiation power that the builder’s representative cannot offer.
If a brand new home could cost less than you expect, would you want to explore what’s possible?
