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Lower mortgage rates are stabilizing the housing market

Housing Wire

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Total inventory levels. NAR: Total Inventory levels 1.22

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Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

In modern times, membership hit a low point of 963,478 in February 2013 and climbed to a high of 1.60 Economists and analysts say the “decoupling” of buyer and seller commissions will convince a significant number of Realtors to abandon the field. million in October 2022 before gradually declining. How many is unclear.

Realtors 297
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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 492
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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 404
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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. BY THE NUMBERS >> The West has suffered the greatest from the housing-market downturn over the past year, according to ATTOM Data Soluti ons, which indicated 23 of the 50 worse-off U.S. The report found that 91.3K

Buyers 36
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Appraisal Risk, Reviews, and Revisions

Appraisal Today

Utah’s Largest Home Hits the Market With a Bowling Alley and Lazy River for $17.5M, discounted from the initial $21 million listing last year. Excerpts: Completed in 2013, the 50,738-square-foot compound has six bedrooms, 8.5 At the Bloomhouse, you leave behind the confines of modernity and the rules of logic, to live only in whimsy.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing. Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. APRIL HOUSING UPDATE.