Part 7/10:
Upon visiting the aforementioned Florida community, I learned that the builder planned to convert half of their unsold 22 homes into rent-to-own options. This transition underscores a growing fear among builders: if they can’t sell homes, they’ll adjust their strategies to protect their declining inventory and maintain market momentum. Companies like LGI Homes have faced over 40% drops in stock prices, highlighting the urgency of their situation.