Housing Wire
OCTOBER 5, 2023
The real estate market in China, both commercial and residential, have been unwinding over the last few years. in 2008 and 2009. Investors who have been burned by events in China may also start seeing ghosts in other markets and decide the risk profile is just too unfavorable. Following a pattern eerily similar to the U.S.
Housing Wire
MAY 16, 2024
In its executive summary, the report found that the HECM program grew “substantially” during the 2000s and reached its height of 114,000 originations in 2009. The subsequent housing market crash sharply reduced that number to an average of about 50,000 originations per year from the late 2010s through 2020.
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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%. In addition, the median age of a homebuyer who completed their purchase within the past year rose from 40 in 2009 to 44 in 2019. housing market,” Tucker said in a statement.
DW Slater Company
JANUARY 30, 2023
What’s happening in the housing markets? Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Christensen Law Firm Keeping Housing Above Water – Housing Notes Was This Home Overimproved or Underimproved?
Housing Wire
JUNE 10, 2022
Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels.
Housing Wire
JANUARY 8, 2021
Due to massive losses in the servicing sector outnumbering professional and construction job gains, the raw number of nonfarm payroll employment fell by 140,000 – the first decline since April of last year. More workers in the sector should support the faster pace of housing construction the market needs,” Fratantoni said.
Housing Wire
OCTOBER 21, 2020
“Yes, it’s come down to 10 million, but look at how that compares again to the peak in 2009 of 6.6 However, due to the narrow industry focus of the job losses, this downturn has proved much different than what the economy saw in 2009. million annualized pace for new construction — the highest level since 2007. million,” he said.
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