2002 Buyers Inventory Modernization 
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22
Housing Wire
SEPTEMBER 22, 2022
A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. Total Inventory data fell in this report from 1.31 I am a big fan of inventory to 2019 levels. million to 1.28
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Housing Wire
OCTOBER 11, 2022
Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28
Will Springer Realtor
OCTOBER 11, 2022
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. ( At least buyers will have more options and time to weigh their decision to purchase a home – but at what cost to the bottom line? Dining out. Theme parks.
Appraisal Today
OCTOBER 21, 2022
Inventory levels. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. But what will happen in the future when buyers say they paid too much or lenders say the appraisal was too high or not USPAP compliant for appraisals you did in the past? So, what metrics are worth watching? Cost to cure?
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