Most housing headlines are wrong.
I break down what’s actually happening in real time.
$3.5B+ sold | 8,500+ units since 2020
60k+ subs on Substack Newsletter
The craziest part of today's housing market?
Builders would rather spend $50,000 buying down your mortgage...
Than cut the sticker price.
That tells you everything you need to know about where the real pressure is.
In September 2021 Tampa had 2 homes under contract for every 1 for sale.
Now it has 3.4 for sale for every 1 under contract.
Buyers aren't stupid. They're waiting.
@HollyBullardFL@JaxPeel Yes it’s a tax shift from owners to consumers
That’s not how it is probably intended but that is the likely outcome
The system is designed to protect the system