Housing Market and Real Estate Analysis by Lance Lambert
AI investment boom drives housing market challenges, Lance Lambert argues
Lance Lambert highlights two primary ways the surge in AI investment is impacting the housing market. According to Lambert, the boom is increasing inflation and long-term interest rates. ...
Lance Lambert: 30-year mortgage rate hits 6.85 percent, highest of 2026
Lance Lambert reports that the average 30-year fixed mortgage rate has reached 6.85 percent, marking the highest reading for 2026 so far. He highlights that on the same day last year, the average ...
D.R. Horton completed inventory remains within normal range, Lance Lambert notes
Lance Lambert observes that, when adjusted for scale, ResiClub considers D.R. Horton's unsold completed inventory to still be within the normal range. Although the current levels of D.R. ...
Lance Lambert: 40 percent of largest metros see annual home price declines
Lance Lambert reports that 40 percent of the 50 largest U.S. metropolitan areas are experiencing year-over-year declines in home prices. Additionally, Lambert highlights that 25.5 percent of the ...
U.S. home prices climb 1.29 percent year-over-year, Lance Lambert notes
Lance Lambert reports that U.S. single-family existing home prices are currently up 1.29 percent year-over-year, according to data tracked by ResiClub. The analysis highlights that these indices ...
Lance Lambert: Beazer Homes draws multiple buyers after Dream Finders approach
Lance Lambert highlights that Beazer Homes is attracting interest from several potential buyers aside from Dream Finders. In the tweet, Beazer Homes is quoted as saying it has received interest ...
Berkshire Hathaway makes two major builder acquisitions in 2026, Lance Lambert notes
Lance Lambert reports that after serving as CEO of Berkshire Hathaway for 56 years, Warren Buffett was succeeded by Greg Abel. Abel has made significant moves by doubling down on site-built ...
Lance Lambert: Average 30-year mortgage rate at 6.63 percent, 10-year Treasury yield 4.56 percent
Lance Lambert reports that the average 30-year fixed mortgage rate today is 6.63 percent, compared to 6.79 percent on the same day last year. He also states that the 10-year Treasury yield is ...
Institutional SFR landlords increase net selling by 408%, Lance Lambert notes
Lance Lambert reports that institutional single-family rental (SFR) landlords have experienced a 408% year-over-year increase in net selling activity. The data, provided by Parcl Labs, points to ...
Lance Lambert: U.S. housing inventory up 1.9 percent, Washington leads gains
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 ...
Austin 2022 homebuyers face 22.4 percent underwater share, Lance Lambert reveals
Lance Lambert reports that among the 100 largest housing markets in the U.S., 30 have the highest proportion of "underwater" borrowers. In the Austin, Texas metro area, 6.6 percent of borrowers ...
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 ...
