American home builders are stuck with more houses and land than they can sell. To reduce inventories, they are offering to sell them in bulk and at a discount to investors. Big builders had a booming business during the pandemic selling to traditional buyers. But with mortgage interest rates pushing 7%, these buyers are disappearing from model home showrooms across the country. In some cases, landlords who can pick up large bundles of homes are the most eligible customers remaining. Consequently, landlords get better prices for homes than owner-occupiers do. The discounts to estimated retail value are generally in the range of 10% to 15%, Will Parker reports.