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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 494
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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 404
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Lower mortgage rates are stabilizing the housing market

Housing Wire

These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22

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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

Given the ongoing tension between potential homebuyers and home-sellers at the moment, we believe the pace of sales is likely to slow even further, too,” he added. annualized in the third quarter of 2022 due to strong net export and inventory investment activity, before contracting 0.7% Presented by: Polly. million in 2022 and 3.93

Contracts 414
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What’s Happening With the Nation’s Housing Inventory?

McKissock

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? In 2008, many people lost their homes when the housing bubble burst.

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December Real Estate Market Update

Listing Spark

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Months of Inventory (1.2 Months of Inventory (1.2 Months of Inventory (Compared to 3.3 Dallas/Fort Worth.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. Is it headed for a crash like in 2008? Find out why not.