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. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 541

Housing Market Mortgage Marketing Inventory 541

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 439

Inventory Housing Market New Listings Mortgage 439

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree.

Sellers 498

Sellers Inventory Housing Market New Listings 498