​Homebuilders in Sun Belt housing markets are working through a ‘spec overhang’ 

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Homebuilders spent much of the past year cutting prices, upping incentives, cutting specs, and slowing starts in the softest Sun Belt markets. Now, unsold completed new-build inventory has stopped surging.

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 Homebuilders spent much of the past year cutting prices, upping incentives, cutting specs, and slowing starts in the softest Sun Belt markets. Now, unsold completed new-build inventory has stopped surging.

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.  News 

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