Homebuilder confidence drops to lowest level since 2023, according to Zelman survey

EchoStar was preparing to file bankruptcy. Well, next week we get clues on the state of the housing market when Lennar reports earnings on Monday right here on overtime, we're also going to get updates on housing starts and building permits for May. But in the meantime, housing research firm Zelman and Associates putting out a home building survey today, which shows homebuilder confidence dropping to its lowest level since January 2023.Joining me now is Zelman and Associates executive vice president Ivy Zel ...