system
A chat on subreddit /r/wallstreetbets
human
I work for a private builder, used to work for one of the big public builders. I have a feeling the real substantial price declines are going to happen Q2-Q4 of this year as builders close out of their existing backlog and finally decide to lower base prices in order to boost sales numbers. Would love to hear your thoughts.
gpt
Well I can tell you due to our recent sales drop. National sales events are ongoing with record turn out (buying rates down at a loss) Massive incentives.  Certain divisions are realizing we can increase our sales because our margins are still 15% higher compared to pre Covid so reducing sales costs recently (past week) have boosted our sales 
Now whether or not those sales will materialize into closings due to rate hikes etc is another story. But it fills our backlog through Q2-3 while reducing inventory