Housing Wire
OCTOBER 14, 2021
From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.
Housing Wire
OCTOBER 5, 2023
in 2008 and 2009. some luxury residential markets that saw an influx of Chinese buyers could be particularly vulnerable. This could make raising capital for new construction projects harder, and more expensive, everywhere. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff.
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Housing Wire
JUNE 10, 2022
His recent article, “Purchase apps are at 2009 level: where’s the inventory?” We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are His articles are always my favorite.
Housing Wire
MAY 26, 2022
Today, however, the purchase application data is actually down to levels we saw in 2009 ! How can housing inventory be so low today when it skyrocketed back in 2009? We have more housing starts under construction now than in recent history! We have a lot of multifamily construction going on that won’t help the homebuyer.
DW Slater Company
JANUARY 30, 2023
Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates. We will soon be seeing the spring market and it will be interesting to see where mortgage rates are going to be and how confident buyers and sellers will be in the spring market. Gone are the days of bidding wars and multiple offers.
Housing Wire
MARCH 4, 2022
This is why I use the term replacement buyers for housing, and it applies to workers too. Take a look at the jobs data and which sector added jobs in February: Construction jobs came in big again, and we didn’t have any negative sectors the last month. The 10-year yield didn’t collapse lower when we had deflationary pressures in 2009.
Housing Wire
DECEMBER 16, 2021
Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. months, but the addition of new homes to the mix should lead to more choices for potential buyers in 2022, including many who had hesitated to list their homes in 2021. The encouraging news?
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