Melody Wright
@m3_melody
Strategist, Writer, Technologist, GFC 1 Survivor.
Tweets about housing, mortgage finance, commercial real estate, macro and technology. Not investment advice.
Joined February 2021
532 Following 48.6K Followers
And as @Johncomiskey77 has shown, many of these in builder hotspots are underwater
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:
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