re: Homebuilders cancelling contracts to sell for more on market

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rates are are rising, the curve is inverting - makes their arb much harder....would imagine they will go back to only buying low hanging fruit...prior to recent years - the trade only worked in inner cities like Memphis where there has never been natural home ownership and property values are depressed

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But do you see them just slowing/stopping the pace of buying... or actually selling into market?

Stopping buying would be a welcome relief and allow people to catch up to the market... but if they don't want to sell that's just more pressure on inventory.