Episode Details

Builder confidence plummets to a 14-month low as sentiment sinks below 40—worse than during the foreclosure crisis—and inventory struggles amid record-low buyer traffic and soaring regulatory costs that add 26% to home prices. Nearly a third of builders slashed prices 6% on average, while two-thirds rely on incentives to move homes—a trend lasting 15 months. With fewer new builds on the horizon and existing homeowners holding tight, housing supply remains dangerously tight.

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