Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. 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.

Inventory 438

Inventory Housing Market New Listings Mortgage 438

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. million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. Accordingly, we also haven’t had a credit bust in the data line.

Housing Market 540

Housing Market Mortgage Marketing Inventory 540

Housing Wire

OCTOBER 11, 2022

million active listings, but at just 1.28 This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. million today. Currently, we are at 3.2 Now fast forward to 2022.

Sellers 498

Sellers Inventory Housing Market New Listings 498

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.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36