Part 9/10:
For potential homebuyers and investors, these trends suggest a period of patience could be beneficial. Builders are already rolling out increased incentives, with reports of rate buy-downs worth up to $155,000 and closing cost coverage hitting $10,000. Monitoring key indicators such as days on the market, cancellation rates, and spec home inventory could provide crucial insights into when to enter the market.
Investors should focus on strategic opportunities, including the potential for distressed land deals, which may soon emerge. Watching institutional movements and the options market can provide hints at larger societal shifts in housing supply and demand.