Purchase apps are at 2009 level: where’s the inventory?
Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. Today, however, the purchase application data is actually down to levels we saw in 2009 ! Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time. housing market.
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