CEO of this $4 billion homebuilder says Sunbelt new home prices are down more than headlines suggest
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Doug Bauer, CEO of Tri Pointe Homes—America’s 19th largest homebuilder—thinks the phrase “affordability” gets overused. “It’s a catchy term,” Bauer tells ResiClub. “You pull it up in ChatGPT or Webster’s dictionary, and it’s what one person could afford…