Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. 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. Image by Brandon Johnson/HW Media.). million active listings, but at just 1.28

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Sellers Inventory Housing Market New Listings 504

Housing Wire

MARCH 28, 2022

The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Inventory has been falling for years. Logan Mohtashami: People know that I haven’t been a big fan of this housing market since inventory levels broke under 1.52

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Housing Market Marketing Supply Chain Inventory 370

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. That’s not the case now because we have’t had a credit boom post-2010 as we did from 2002 to 2005. How can housing inventory be so low today when it skyrocketed back in 2009? I don’t believe housing inventory below 1.52 What is going on here? housing market.

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Inventory Housing Market Construction Marketing 522

Housing Wire

DECEMBER 29, 2022

The housing market of 2002-2005 had four years of sales growth facilitated by credit. However, what isn’t identical is that we have not had a massive sales boom like we saw from 2002-2005. This is significantly different than the period from 2002-2005 when credit expansion was booming. Housing inventory. Home sales.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

DECEMBER 29, 2021

Not the best of news as we start year three of that time period with a solid possibility of new all-time lows in inventory this spring. Home sellers strive to get the highest price from the best offers and homebuilders have the pricing power over consumers. Well, it looks like my five-year growth model has been taken out in two years.

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Housing Market Marketing Construction Mortgage 533

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. As you can see below, the new home sales market from 2018-2022 doesn’t look like the housing market we had from 2002-2005. First, total home sales should be 6.2

Mortgage 491

Mortgage Inventory Housing Market Construction 491

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.

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Housing Market Inventory Construction Marketing 397

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. But they still only have 76,000 completed units for sale today.

Inventory 520

Inventory Construction Housing Market Marketing 520

Housing Wire

APRIL 15, 2022

The home-price growth from 2020 through 2022 has been so unhealthy that I’ve labeled this a savagely unhealthy housing market as inventory has once again collapsed on a year-over-year basis in 2022. Inventory is still showing negative year-over-year data. 2014 was the very last year total housing inventory grew in America.

Housing Market 500

Housing Market Marketing Mortgage Inventory 500

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. This problem is much different than the housing credit bubble of 2002-2005. NAR: Total Inventory.

Inventory 540

Inventory Housing Market Mortgage Construction 540

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. We must remember that the builders don’t operate like existing home sellers; they treat their products as commodities. The monthly supply data did fall in this report to 8.6

Construction 370

Construction Housing Market Mortgage Sellers 370

Housing Wire

DECEMBER 22, 2021

As you can see below, we don’t have a booming credit housing market as we saw from 2002-2005; we have steady replacement buyer demand. More choices are better for homebuyers and sellers who need to buy a home typically as well. Seasonality has kicked in with inventory already, which is expected every year.

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Inventory Housing Market Investors Marketing 508

Lamacchia Realty

JANUARY 25, 2024

This scarcity in inventory exerted upward pressure on prices, although it coincided with a 19% decline in sales. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Average prices for closed sales increased by 7.2% Sales Decline by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Housing Wire

APRIL 27, 2022

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. From Census: For Sale Inventory and Months’ Supply: The seasonally?adjusted

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Construction Buyers Housing Market Inventory 370

Housing Wire

AUGUST 23, 2022

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)* below the revised June rate of 585,000 and 29.6 percent (±10.9

Construction 370

Construction Housing Market Sellers Marketing 370

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? >> Housing permits for single-family home construction in the Seattle/King County area this year is 49% lower than the peak period of 2002-2008. This month’s headline: Inventory is at drought levels while median prices were little changed month to month. Monthly inventory stands at 0.4

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

NOVEMBER 9, 2022

Sure, the increases in inventory are impressive – up 123% for all homes in the county from 2021 to today and up a whopping 359% on the Eastside – but that should not surprise anyone. The stats are an unwelcome paradox for buyers and sellers alike. months’ inventory while Seattle is at 2.5 The Eastside has 2.0 for the past year.

New Listings 36

New Listings Housing Market Inventory Buyers 36

Appraisal Today

AUGUST 13, 2023

Dear Sellers, the housing market misses you It’s tough to value properties today! percent, the highest rate since 2002. The purchase index fell for the fourth consecutive week, as homebuyers continue to struggle with low for-sale inventory and elevated mortgage rates.” To read more, click here My comments: Good comments.

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Appraisal Contracts Real Estate Agent Mortgage 74