Housing Wire

DECEMBER 29, 2022

The housing sector — especially real estate and mortgage — has seen significant layoffs , while the general economy will create more than 4 million jobs in 2022. The housing market of 2002-2005 had four years of sales growth facilitated by credit. Key thing to remember: A traditional seller is also usually a buyer.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

Housing Wire

MAY 26, 2022

That’s not the case now because we have’t had a credit boom post-2010 as we did from 2002 to 2005. However, the spike in inventory that we saw from 2006 to 2011 can be attributed to the massive credit bubble we had from 2002 to 2005. We have more housing starts under construction now than in recent history!

Inventory 519

Inventory Housing Market Construction Marketing 519

Housing Wire

MAY 24, 2022

I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. As you can see, sales levels were never elevated like what we saw from 2002-2005. The only way this happens is by higher rates.

Housing Market 397

Housing Market Inventory Construction Marketing 397

Housing Wire

SEPTEMBER 26, 2023

This is why I have called them efficient home sellers. As we can see in the chart below, sales levels aren’t exactly booming like they were from 2002-2005. months, the builders will pause construction. months, and we had a big miss on housing starts last week , mostly coming from multifamily construction. We are at 7.8

Inventory 495

Inventory Construction Housing Market Marketing 495

Housing Wire

JANUARY 26, 2022

months and above, the builders will pull back on construction. It is an embarrassment, but construction productivity — which has been terrible for decades — is now also dealing with shortages that delay finishing homes. When supply is 4.4 months, this is an OK market for the builders. When supply is 6.5 This is 11.9 percent (±20.3

Construction 443

Construction Marketing Mortgage Sellers 443

Housing Wire

AUGUST 23, 2022

So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with. can’t have a credit sales boom like we saw from 2002-2005. This time, we have less production of homes and more multifamily construction. This is 12.6

Construction 370

Construction Housing Market Sellers Marketing 370

Housing Wire

JULY 13, 2022

This problem is much different than the housing credit bubble of 2002-2005. Home sellers and builders had too much pricing power, pushing prices to the extreme. From BLS : The downside of higher rates Housing construction will slow. housing market as savagely unhealthy. Jobs and incomes will be lost.

Inventory 540

Inventory Housing Market Mortgage Construction 540