Home Builders Are Bleeding as Sales Run Dry, Workers Vanish

Henry: Market’s always changing. Every week brings a new mix of data forecast and bold claims about where the real estate market is headed. Today, we’re taking a closer look at the headlines on our radar and the takeaways worth carrying forward and the ones you should just ignore. I’m James Dainard back with Kathy Fettke and Henry Washington to put on the latest stories into practical context. This is On the Market. Let’s get into it. Well, how are you guys doing, Kathy? Kathy: Good. I am in one of our rental properties trying to get it all fixed up and ready for sale or not. The market is horrible, so we might just rent it again and wait. Henry: Henry, how you doing, man? How’s the grind life of selling properties this week? I James: Closed on a couple sales, but I’ve been getting some good deals I’m excited about. So market’s a cycle. It’s either going to be easy to buy and hard to sell or hard to buy and easy to sell. And right now it’s hard to sell and easy to buy, and I’m a deal junkie, so I kind of like this time. Henry: Speaking of a lot of opportunities out there, I mean, Henry, you have an article on a bunch of vacant lots for sale? Yes, James: James. I have an article fro...