2009 Buyers Contracts Inventory 
Housing Wire
AUGUST 1, 2023
Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. The median price of the homes in contract is $385,000. Both lines indicate about 70,000 contracts.
Miller Samuel
FEBRUARY 12, 2019
The 10-year Challenge (2009 vs. 2019). Some analysts are even comparing the current cycle to the last downturn and the housing bubble in 2009, but Miller outlined quite a few differences between then and now. In 2009, the average discount from listing was 10.2%. Studio inventory is up 21% percent.
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Housing Wire
FEBRUARY 22, 2022
Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. We have been in a perpetually bare market for inventory for so long now that builders are having to fill the demand and I am not sure when it is going to end, which is crazy,” said Noel.
McKissock
AUGUST 9, 2021
After working for a time at a Chicago radio station, he got his first real estate job in 2009. Or sometimes buyers will simply put the word out on Facebook: “Getting ready to buy! Just because they’re going to DocuSign the contract doesn’t mean we shouldn’t go over the finer points over the phone. A: Inventory.
Appraisal Today
MAY 26, 2023
A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true.
Will Springer Realtor
JULY 11, 2023
Home prices continued to confound buyers by climbing toward record highs as summer began. The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. from May to 3242 units – the highest monthly figure since last September.
Appraisal Today
FEBRUARY 9, 2024
Homebuilding has been on an upward trajectory since 2009 as builders have slowly climbed their way out of the hole caused by the Great Recession. Homebuilders have been offering sizable concessions, including money for mortgage rate buydowns, to attract bidders and offload inventory. The VA share of total applications increased to 14.1
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