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The Assembly
@InTheAssembly
Macro analysis, market structure, and the trades nobody else is showing you. Not financial advice.
Joined September 2012
20 Following    535.5K Followers
THIS IS INSANE… Nashville had an estimated 139% MORE home sellers than buyers in August, per Redfin. And new homes are STILL hitting the market through one of the country’s busiest homebuilding pipelines. Nationwide, 38% of builders cut prices in September, while 66% offered sales incentives, according to NAHB’s survey. Homeowners trying to sell are competing with companies willing to discount brand-new houses to move inventory. My concern: a builder can accept a smaller profit. Someone who bought near the peak may have much less room to cut…
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