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Purchase apps are at 2009 level: where’s the inventory?

Housing Wire

That’s not the case now because we have’t had a credit boom post-2010 as we did from 2002 to 2005. The Baby Boomers are not selling their homes en masse, and we have more investors providing shelter for renters than before. We have more housing starts under construction now than in recent history!

Inventory 502
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New home sales are at risk with rising mortgage rates ?

Housing Wire

It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile. months and above, the builders will pull back on construction. percent (±11.9

Mortgage 452
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The housing market recession continues, despite starts data

Housing Wire

real estate investors and affordable homes. From the National Association of Home Builders : Looking at the housing starts report, the numbers came in slightly better than anticipated, driven by multifamily construction. With demand falling, the need for construction labor to build single-family homes will be an economic risk.

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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Also, the market we have today doesn’t look like the credit boom we saw from 2002-2005. I have never believed in the housing construction boom premise as mature economies don’t have construction booms with slowing population growth. However, one thing is for sure: demand has been solid and stable in 2020 and 2021. The X factor.

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17 Best Neighborhoods in Raleigh NC

Raleigh Realty

In this neighborhood, you will find all types of Real Estate, from restored Grand Victorians built in the 1800s, to newly constructed homes. Properties are ideal for young professionals, investors seeking properties to rent to college students, and established folks looking to settle in their home for the long haul.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. (