Housing Downturn Signal: Consider Shorting Homebuilders or Awaiting Lower Property Prices.

Rising unsold home inventory, now at levels not seen since 2009, hints at a possible housing market correction. This could put pressure on homebuilder stock prices but also create opportunities for buyers. The sentiment that homes are "priced for the rich and poorly built" suggests consumers are pushing back against current offerings.

Investment Strategy:

1. Short-Term Bearish Play: Look into shorting overvalued homebuilder stocks (like $LEN, $DHI, $PHM) or relevant ETFs (such as $XHB, $ITB) if you expect prices to drop. Use stop-loss orders to manage risk.
2. Long-Term Buyer Patience: For those looking to invest in real estate, this market shift could mean better buying opportunities down the line. Keep an eye on key indicators like inventory levels, median sales prices, days on market, and mortgage interest rates.