Market Shift: It's a feeling - Bonus Episode
Trust the Process · Trust Home Builders
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Show Notes
Bonus Episode: A quick, no-frills market pulse from Michael: buyer mood is waking up, traffic is ticking higher, and Vegas inventory looks closer to one-to-one absorption after a spring surge. We talk rate-buydown dynamics (why “tonnage” builders can move demand), why spring felt frozen despite OK headline numbers, and how we’re pricing/spec’ing heading into Q4. Includes real context on recent weeks (traffic up, contracts lagging), the May inventory spike, and where medians sit now (Henderson vs. Las Vegas).