The Numbers Don’t Lie—This Market is Screwed Let’s talk raw data. There are 495,000 new homes for sale—the highest since December 2007 (does that year ring a bell?). And out of that massive stockpile: 389,000 are already built or under construction—the most since May 2008. 115,000 are finished and sitting empty, collecting dust—highest since 2009. 106,000 haven’t even been started yet—which means the speculation machine hasn’t even fully unloaded. Translation: builders went on a speculative building spree, betting on endless demand, but now they’re staring at a market that’s tapped out thanks to sky-high mortgage rates, economic uncertainty, and a growing realization that the so-called “American Dream” is a rigged game. The Ghosts of 2008 Are Knocking Remember how reckless…
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