Housing Wire

JANUARY 20, 2023

From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. During that period, we saw new listing data decline. I have often said that anytime days on the market are at a teenager level, nothing good will happen.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

AUGUST 30, 2022

However, we haven’t had a credit sales boom like the one we saw from 2002-2005. Nor can we ever have a credit sales boom again with lending standards back to normal. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings. From Redfin.

Inventory 383

Inventory New Listings Law Housing Market 383

Will Springer Realtor

OCTOBER 11, 2022

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. (

Housing Market 36

Housing Market Marketing Buyers Real Estate 36