2010 Inventory Lending Sellers 
Housing Wire
DECEMBER 29, 2022
Part of the issue is that mortgage rates moved up so fast that many sellers quit this year as well. Key thing to remember: A traditional seller is also usually a buyer. When mortgage rates spiked up as much as they did this year, it wasn’t financially appealing to some sellers to purchase their homes at rates of 6.25%-7.37%.
Housing Wire
MARCH 23, 2022
Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Could you imagine this housing market if we eased lending standards? Like home sellers, they try to make as much money as possible. The only risk to that 6.2
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Housing Wire
AUGUST 30, 2022
While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Nor can we ever have a credit sales boom again with lending standards back to normal. million listings.
Housing Wire
OCTOBER 16, 2023
Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.
Housing Wire
OCTOBER 1, 2022
As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. Another reason why distressed sales are likely low, is that lending standards remain tight. It is difficult to obtain a mortgage today.
Housing Wire
JULY 25, 2023
What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? HousingWire: What do lending executives need to understand when it comes to supporting top producers? MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years.
Miller Samuel
FEBRUARY 12, 2019
In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. Meanwhile, sellers are anchored to another market completely, he said. The disconnect between buyers and sellers is measured by lower sales volume.”. In 2018 the discount was 5.2%.
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