2000 Construction Housing Market Sellers 
Housing Wire
JULY 26, 2021
As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller.
Housing Wire
DECEMBER 29, 2022
As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.
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Housing Wire
SEPTEMBER 28, 2022
In fact, new home sales are below the recession level of 2000 and back to 1996 levels already. They are good at selling their inventory much quicker than existing home sellers, who might still be stingy on prices. months and below, this is an excellent market for the builders. months are under construction, 1.86
Housing Wire
FEBRUARY 24, 2023
As we can see in the chart below, we are still below the recession levels of 2000 and really trending at 1996 levels. months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 months and below, this is an excellent market for builders. months, this is an OK builder market.
Housing Wire
AUGUST 23, 2022
The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6 percent (±16.9
DataMaster
JUNE 16, 2021
The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. Tax breaks can enact change.
DataMaster
JUNE 16, 2021
The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. either quit or lost their jobs.
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