Homebuilders target active markets
OtherHomebuilders are keeping their cool and waiting patiently until younger Americans transition from renting to buying a home. The good news is housing supply is down, creating some room for homebuilders to return when the market balance leans in their favor. At the lowest level since January 1994, the inventory of homes for sale continues to drop to dangerous lows. Currently at 2.07 million units, housing inventory is at its sixth lowest level in 30 years, according to Capital Economics. […]
