2002 Development Inventory Sellers 
Housing Wire
JUNE 28, 2022
I developed a specific home-price growth model for the years 2020-2024 which said that if home-price growth grew at 23% for five years we would be fine, with total housing demand —both new and existing homes together — getting to 6.2 Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. million or higher.
Housing Wire
MARCH 23, 2022
Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Census Bureau and the Department of Housing and Urban Development. Like home sellers, they try to make as much money as possible. The only risk to that 6.2
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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. Census Bureau and the Department of Housing and Urban Development. The only way this happens is by higher rates. This is 16.6
Housing Wire
SEPTEMBER 26, 2023
That’s right — for all the hype of massive housing inventory coming from the builders, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved. This is why I have called them efficient home sellers. Census Bureau and the Department of Housing and Urban Development.
Housing Wire
DECEMBER 23, 2022
The truth here that nobody wants to talk about is that we didn’t have a massive sales credit boom in housing from 2020-2021 like we saw from 2002-2005. Census Bureau and the Department of Housing and Urban Development. However, even if I adjust for that, sales trends have bounced off the lows for a while. percent (±22.7
Housing Wire
APRIL 27, 2022
Census Bureau and the Department of Housing and Urban Development. The one thing housing has going for it now is that we don’t have the speculative booming demand as we saw from 2002 to 2005. The builders have pricing power and they — along with home sellers — have pushed it very hard since 2020. percent (±12.9
Housing Wire
AUGUST 23, 2022
Census Bureau and the Department of Housing and Urban Development. can’t have a credit sales boom like we saw from 2002-2005. The builders are in a better position to manage their inventory glut than when they were working from a credit boom in 2005 that took new home sales up to 1.4 This is 12.6 percent (±16.9 percent (±10.9
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