Pavlo Kot

Invitation Homes pipeline seen as imploded, Lance Lambert notes

Invitation Homes pipeline seen as imploded, Lance Lambert notes
Invitation Homes pipeline described as imploded

Lance Lambert described the third-party homebuilder pipeline at Invitation Homes as imploded.

He added that even though more large homebuilders are currently offering discounts of over 20% below market or list prices to institutional buyers, Invitation Homes remains largely inactive in this area.

Lambert has previously reported that San Francisco County posted a 15.5 percent annual rise in housing prices, while Adams County saw the largest decline among large Western metros. He also covered a recent movement in mortgage rates, noting that the average 30-year U.S. mortgage rate is 7.33 percent, down 28 basis points from this year's peak. These updates come alongside reduced activity from major institutional buyers in the homebuilder pipeline.

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