Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. 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? I don’t believe housing inventory below 1.52 The housing market shifted in March of this year.
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.
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Housing Wire
JUNE 10, 2022
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. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?
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. Housing inventory and prices. million,” he said.
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. The inventory of existing homes remains quite tight at less than 2.5 The inventory of existing homes remains quite tight at less than 2.5 This additional inventory is sorely needed.
DW Slater Company
JANUARY 30, 2023
Inventory is down from the previous month but up from the same time last year. Supply has increased, but is still very low as less than 3 months supply in any market. Fewer existing homes have been put on the market as homeowners are holding on to the low rates in their current loans. Million Allegedly Paid to Two “Favored” Appraisers.
Housing Wire
MAY 15, 2024
A lot has been said about the ‘silver tsunami,’ with predictions that baby boomers will move in droves , suddenly unlocking tons of inventory for younger homebuyers. New construction in age-restricted communities is becoming a rising trend. New construction in age-restricted communities is becoming a rising trend.
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