2005 Modernization New Listings Sellers 
Housing Wire
OCTOBER 11, 2022
There’s a showdown at the housing market corral between homebuyers and sellers. This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree.
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. Total inventory levels. NAR: Total Inventory levels 1.22
Expert insights. Personalized for you.
498 
Let's personalize your content