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But we saved everything 🙂.
Lance Lambert reports that PulteGroup remains focused on clearing inventory in Oregon and Washington, as well as in several Western markets.
According to Lambert, U.S. housing inventory has increased by 1.9 percent year-over-year, while Washington state inventory surged by 16 percent. Compared to pre-pandemic 2019 levels, U.S. inventory is still down 10 percent, but Washington state inventory is up 47 percent.
Lambert previously reported that Invitation Homes linked a slowdown in build-to-rent deals to the high cost of capital. He also noted that hundreds of housing professionals are driving major changes in U.S. real estate and homebuilding sectors. The latest figures on inventory come as these broader market forces continue to shape activity.