Real estate's May report card

Guest perspective: Builders face record unsold inventory

Get smarter. Grow your referral network at Inman Connect San Francisco
Limited seating still available, July 17-20

The “big ticket” consumer purchase industries (housing and automobiles) continue to slow while the rest of the economy picks up steam. Here is what the home-building industry is facing:

  • Rising Competition – The number of people selling homes is increasing and the number of people buying is decreasing.

  • Poor Affordability – Rising prices and interest rates have priced many renters out of home ownership.