Market signal map
What the Oracle reads.
Absorption is not one number. It is a collection of signals that must be read together.
Signal
Traffic
How many buyers are visiting, returning, registering, and engaging with the sales team.
Signal
Conversion
Whether visits become reservations, contracts, deposits, lender progress, and closings.
Signal
Rates
Interest rates and payments can change affordability faster than the construction schedule changes.
Signal
Incentives
Credits, buy-downs, upgrades, price moves, and promotions can protect pace but pressure margin.
Signal
Inventory
Standing homes, specs, completed inventory, and aging lots can reveal whether starts outran demand.
Signal
Competition
Nearby builders, resale supply, pricing, incentives, product mix, and buyer alternatives all matter.