Lance Lambert

“This is temporary. They paused and continued to cull their portfolio as they always have.”

Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble’s peak in 2006.

Zillow: “Limited for-sale inventory continues to push home prices upward even as mortgage rates remain elevated.”

What’s actually happening in the U.S. housing market, as told by KB Home CEO Jeffrey Mezger.

“A chunk of that [inventory] isn’t even livable” says KB Home CEO Jeffrey Mezger.

“Upper price tier” home values are down 10.7% in Seattle, while “lower price tier” homes are down 1.5%.

In August, Zillow predicted that U.S. home prices were poised to increase 6.5% over the next 12 months, but now it is revising that estimate to 4.9%.

Lennar, a homebuilder ranked No. 119 on the Fortune 500, is presently promoting a “fixed [mortgage] rate of 4.25%” in Colorado.

A Fortune survey conducted with Deloitte found CEO pessimism is ticking back up from the beginning of the year.

For the fourth year in a row, Fortune partnered with Indiggo to publish the ROL100 Ranking.