Lance Lambert
@NewsLambert
Analyzing the housing market through a local lens ๐ก ๐
CEO of ResiClub (@ResiClub_HQ). Subscribe to ResiClub's housing market research ๐
2.2K Following 109.2K Followers
Housing affordability is so stretched that, ever since the Pandemic Housing Boom ended, most of the big homebuilders have had to rely far more heavily on FHA buyers to avoid a steeper drop in sales
FHA = little as 3.5% down + accept lower credit scores / higher DTIs
My latest for @ResiClub_HQ:
Show more
The fact this meme is undefeated is wild
Jerome Powell is 6'0"
Kevin Warsh is 6'1"
12 of the 15 major homebuilders tracked by ResiClub are seeing year-over-year margin compression
--> 3 months ago, all 15 of were seeing YoY margin compression
--> On a quarter-over-quarter basis, just 4 of the 15 big builders are seeing margin compression right now
Show more
#NEW# Early signs suggest the AI wealth boom in San Francisco properโwhich has created upward pricing pressure there this yearโis also starting to spill over into parts of Alameda County (in particular around Berkeley)
via ResiClub Terminal
Show more
We just got the highest mortgage rate reading of 2026
The average 30-year fixed mortgage rate today: 6.85%
Same day last year: 6.78%
โโโโโ
10-year Treasury yield: 4.70%
Spread: 215 bps
Show more
