Lance Lambert

Housing markets in Florida and Texas are so weak that builder Lennar spent the most on buyer incentives since 2009

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Lennar—the nation’s second-largest homebuilder—told investors on Friday that their spring selling season is off to a soft start. “We do not see the seasonal pickup typically associated with the […]

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What happens to mortgage rates if conservatorship ends for Freddie Mac and Fannie Mae?

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Last month, new Treasury Secretary Scott Bessent said that the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) could get released from

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Housing market squeeze: Income needed to buy typical U.S. home up 79% in 5 years

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Here’s the annual U.S. household income needed to finance the purchase of the typical valued U.S. home: January 2020: $51,646 January 2021: $51,740 January 2022: $62,669 January 2023: $86,184

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44 housing markets where inventory has spiked, and homebuyers have gained power 

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. While homebuyers and home sellers still see headlines about the housing market being a seller’s market and national home prices reaching all-time highs, a deeper look reveals that several

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Builder unsold inventory jumps to 2009 levels: Housing markets where buyers can find deals

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the pandemic housing boom fizzled out, the number of unsold completed U.S. new single-family homes has been rising. Here’s a look at the recent historical numbers for January:

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