Housing Market and Real Estate Analysis by Lance Lambert
Lance Lambert: Hundreds of top investors shaping U.S. housing and real estate sectors
Lance Lambert highlights that hundreds of influential housing investors, homebuilders, developers, lenders, and brokers are significantly shaping the future of residential real estate, ...
Milwaukee and Hartford lead in home price growth, Lance Lambert notes
Lance Lambert reports that among America’s 50 largest metro areas, Milwaukee, Wisconsin, and Hartford, Connecticut, recorded the highest year-over-year home price gains, both rising by 5.1 ...
Lance Lambert: U.S. worker earnings outpace home price growth for 13 months
Lance Lambert reports that the U.S. housing market is showing signs of gradual improvement. He notes a 13-month period in which year-over-year earnings growth for U.S. workers has surpassed ...
Home prices have risen since March 2020, Lance Lambert notes
Lance Lambert highlights that despite corrections in housing markets since their 2022 peaks, most U.S. home prices are still above the levels seen in March 2020. Lambert points to a general ...
Lance Lambert: Invitation Homes links BTR deal slowdown to high cost of capital
Lance Lambert reports that Invitation Homes has connected the recent slowdown in build-to-rent (BTR) deals to its current cost of capital. When the cost of capital is high, raising equity or ...
Ohio exempts Meta-backed data center from sales taxes, Lance Lambert notes
Lance Lambert highlights that D.R. Horton was required to pay sales taxes on materials it used to build its site. In contrast, Lambert points out that a data center backed by Meta will be exempt ...
Lance Lambert: Lennar incentive spending per home stabilizes as rate falls in Q2 2026
Lance Lambert reports that Lennar is currently spending around $55,000 in incentives for each home, but this escalation has plateaued in recent months. According to Lambert, Lennar's sales ...
Lennar average selling price falls 24.4% since 2022 peak, Lance Lambert notes
Lance Lambert reports that Lennar, a major homebuilder ranked No. 135 on the Fortune 500, has experienced a 24.4% decline in its average home selling price net of incentives since its peak in ...
Lance Lambert: Data center construction spending rises sharply versus U.S. homebuilding
Lance Lambert compares spending on data center construction to new single-family homebuilding in the U.S. In April 2022, for every $1,000 spent on U.S. new single-family homebuilding, $24.71 was ...
Average 30-year mortgage rate stands at 6.66 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate today is 6.66 percent. This compares to a 6.87 percent rate on the same day last year. The 10-year Treasury yield is currently ...
Lance Lambert: Delaware shell company acquires 864 acres for over $45 million in 2024 and 2025
Lance Lambert reports that a Delaware shell company, DB Stu LLC, has purchased 864 acres in 2024 and 2025 for more than $45 million, according to the Enquirer. Combined with adjacent land the ...
PulteGroup finds Florida market with affordability changes, Lance Lambert notes
Lance Lambert reports that PulteGroup's recent affordability adjustments have supported the company in finding the market in Florida, according to James Zeumer. Zeumer also points out that some ...
Lance Lambert: Berkshire Hathaway to acquire Taylor Morrison for $8.5 billion
Lance Lambert reports that Berkshire Hathaway plans to acquire Taylor Morrison, a major U.S. homebuilder ranked No. 452 on the Fortune 500, in a deal valued at $8.5 billion. This acquisition ...
Single-family home prices fall 2.2 percent year-over-year in Seattle metro, Lance Lambert notes
Lance Lambert highlights that single-family home prices in the Seattle, WA metro area are currently down 2.2 percent year-over-year. This data, sourced from the Freddie Mac House Price Index, ...
Lance Lambert: FHA mortgage delinquencies climbing amid zero-down payment questions
Lance Lambert highlights a concerning trend in the U.S. mortgage market, noting that overall mortgage delinquencies remain low compared to credit card and auto loans, but delinquencies for FHA ...
Material cost easing offsets margin pressure, Lance Lambert notes
Lance Lambert highlights that over the past year, public homebuilders have often reported softer pricing for materials as a key factor helping to offset larger margin compression. He adds that ...
Lance Lambert: Home price growth lags behind income and inflation
Lance Lambert observes that nationally aggregated nominal appreciation is currently below both nationally aggregated income growth and inflation, resulting in a mild real decline. He also notes ...
Sales incentives rate increases at Hovnanian Enterprises through Q2 2026, Lance Lambert notes
Lance Lambert reports that the sales incentives rate for public homebuilder Hovnanian Enterprises has increased significantly over several years. According to Lambert, the rate was 2.5 percent ...
Lance Lambert: Average 30-year U.S. mortgage rate 6.65% as Treasury yield hits 4.57%
Lance Lambert reports that the average 30-year fixed mortgage rate in the U.S. is currently 6.65%. The rate on the same day last year was 7.08%. He also notes the 10-year Treasury yield is at ...
U.S. 30-year mortgage rate drops to 6.67 percent, Lance Lambert notes
Lance Lambert reports that the average 30-year fixed mortgage rate in the U.S. is currently 6.67 percent. He also highlights that on the same day last year, the rate stood at 6.99 percent. The ...
Lance Lambert: Average 30-year fixed mortgage rate hits 6.75 percent today
Lance Lambert reports that the average 30-year fixed mortgage rate is 6.75 percent today. He adds that the same rate was 6.99 percent on this date last year. The 10-year Treasury yield is 4.66 ...
