Appraisal Buzz

MARCH 13, 2025

As housing affordability reached its lowest point since 2006, one group stood out in defying market trendssingle women. In 2024, the homeownership rate among single women rose slightly to 51.9%, up from 51.8% This modest increase continues a recovery from its 2016 low of 49.3%

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Housing Wire

MARCH 8, 2025

“The highest share of single women buyers was in 2006, when the share stood at 22%. Today, those shares stand at 62% for married couples, 20% for single women, and 8% for single men,” the post read. Between 2016 and 2024, the share of single women was between 17% and 20%.”

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Housing Wire

NOVEMBER 15, 2024

As you can see in the chart below, the credit markets broke in 2005, 2006, 2007 and 2008, and then the job-loss recession of 2008 started, which made things much worse. The credit markets were toxic back then, featuring loans with big recast payments which meant that you could have two people working full-time and still be at a credit risk.

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Housing Wire

APRIL 15, 2025

Seaton joined First American in 2006. In addition to managing all financial-related activities, Seaton oversees First American Trust, the companys federally charted bank, as well as First Americans technology group. The company also announced the promotion of Matt Wajner to CFO.

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Housing Wire

NOVEMBER 10, 2022

From 1998 to 2006, according to Freddie Mac , the median annual mortgage rate was 6.45%. It goes to show what the failure to build enough homes from 2006 to the present combined with ultra-low, unrealistic mortgage rates and massive amounts of fiscal stimulus can do to the housing market. from 2005 to 2006, then another 22.4%

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Appraisal Buzz

JANUARY 2, 2025

Analysis The three composites housing boom/bust peaks and troughs, present values, and percentage changes from the peaks and troughs are as follows: 2006 Peak 2012 Trough Current Index Level Date Level Date From Peak (%) Level From Trough (%) From Peak (%) U.S. S&P Dow Jones Indices U.S. Jul-06 134.00 Feb-12 -27.4% 20-City 206.52

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Appraisal Buzz

JANUARY 23, 2025

Only now is it returning to 2006-2007 levels, with a typical annual increase of over 1%. has experienced two decades of slow but steady housing market growth, paired with inventory growth that has suffered through both the Great Recession and the pandemic.

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Housing Wire

JANUARY 18, 2021

The first time Lawyers Title of Arizona Sales Executive Sarah Perkins walked through an acquisition was 2006. Perkins said the environment is reminiscent of 2006, when spirits were high and the market was in growth mode. But that wasn’t the only acquisition Perkins had seen during her 17-year career.

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Housing Wire

APRIL 1, 2024

Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. trillion in home equity at the end of 2023, up from $15 trillion in 2006, the previous peak of the housing cycle. Overall, U.S. homeowners held $31.8

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Appraisal Buzz

SEPTEMBER 28, 2021

While nominal house prices in July were 35% higher than at the housing boom peak for prices in 2006, house-buying power remains nearly 38% below its 2006 housing boom peak. The post Home Prices Become More Affordable Than Their Housing Boom Peaks appeared first on theMReport.com.

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Housing Wire

DECEMBER 17, 2020

And given the expected volume of sales and likely improvement in the economy, year-over-year home value growth reaching 10.3% – the first time in double digits since 2006 – isn’t out of the question. The market should shatter that pace in 2021, potentially hitting 6.9 million homes sold – 21.8% The rest of this content is for HW+ members.

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Housing Wire

FEBRUARY 28, 2025

That is actually the highest market share since 2006, McKeveny said. Given the many challenges, many builders have utilized mortgage rate buydowns to make their properties more affordable to prospective buyers. Hale and McKeveny noted how that has contributed to builders taking 16% of the market share for all home sales in 2024.

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Housing Wire

MAY 8, 2024

You can see the drastic change this made in the Mortgage Bankers Association Credit Availability index , below, which skyrocketed in 2005 and 2006 before an epic collapse in 2008. Just look how lousy credit looked below in 2005, 2006 and 2007 — all before the job-loss recession in 2008. Demographics also play a role here.

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Eyes on Housing

FEBRUARY 16, 2024

Despite weakness for single-family construction in 2023, townhouse construction recorded the best quarter for starts in more than 17 years.

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Housing Wire

JANUARY 21, 2025

Sereno operated independently for 16 years, starting in 2006 after the co-founders left Coldwell Banker Realty. The move came after @properties finalized a merger with Compass , which Northern California-based Sereno won’t be a part of. Sereno formally finalized the deal on Jan.

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Housing Wire

APRIL 16, 2021

“The March pace was the second strongest since 2006, surpassed only by this past December’s reading,” Duncan said. Single-family housing starts ended 2020 on a high note, reaching a 1.338 million-unit pace in December — the highest pace since 2006. from February.

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Housing Wire

APRIL 22, 2025

Seaton joined First American in 2006. In addition to managing all financial-related activities, Seaton has overseen First American Trust , the companys federally charted bank, as well as First Americans technology group. DeGiorgio had served as CEO since 2022.

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Real Estate News

JUNE 23, 2025

had a balanced market between 2012 and 2016, and a buyers market between 2006 and 2012. " Hale noted that once real estate shifts into a balanced buyer or seller market, it can stay there for a period of time. Before the current lengthy seller's market that started in 2016, the U.S.

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Housing Wire

JANUARY 20, 2022

From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes. In 2006, 80% of buyers said that they used the internet to search for homes, with 24% of buyers first spotting their eventual home online.

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Housing Wire

JUNE 9, 2025

Subprime loans, which fueled 40% of the market in 2006 and drove defaults, now account for just 0.4%, replaced by stricter credit standards for FHA, VA and conforming loans 9. Fixed-rate mortgages comprising 92% of loans in 2024 shield borrowers from the payment shocks of 2008’s adjustable-rate loans 2.

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Appraisal Buzz

MARCH 29, 2022

The post Despite Prices Increasing 27 Percent, Homes More Affordable Than 2006 Peak appeared first on Appraisal Buzz. There was a 21.7% annual increase in nominal house prices and a 0.7 percentage point increase in the 30-year, fixed mortgage rate compared the same timeframe a one year ago. Household income.

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Housing Wire

DECEMBER 7, 2022

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Only from 2006-2011 did we see this break due to forced sellers who couldn’t buy homes.

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Housing Wire

JUNE 4, 2024

Smith has been with the company since 2006. RE/MAX will no longer have a principal operating officer and Smith’s responsibilities will be absorbed by other executives, the company disclosed Friday in a filing with the Securities and Exchange Commission ( SEC ).

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Housing Wire

JUNE 6, 2025

A former hospitality manager, Kirkendall transitioned into real estate after moving to Pacific City in 2006. Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. She has spent her entire real estate career with the firm.

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Eyes on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR).

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Housing Wire

NOVEMBER 22, 2023

That is the lowest level since 2006, according to the report. Both short-term and long-term delinquencies ticked down. Serious delinquencies (90+ days past due) fell, with 8,000 fewer borrowers in that category at 447,000 people in total. Additionally, 70% of these loans are protected from foreclosure by loss mitigation efforts.

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Housing Wire

AUGUST 27, 2020

million in July, the highest level since 2006, the report said. That beat the prior record gain of 21% set a month earlier, as low mortgage rates fueled demand for real estate purchases, the National Association of Realtors said in a report on Friday. The median price increased 8.5%

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Housing Wire

JANUARY 6, 2021

trillion, with the largest refinance market since 2003 and the largest home purchase loan market since 2005 and 2006. According to the Mortgage Bankers Association, mortgage origination volume is expected to reach $3.1

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Appraisal Buzz

OCTOBER 14, 2024

This initiative extends the regulatory framework developed in response to the foreclosure crisis between 2006 and 2014, during which the CFPB enacted the 2013 Mortgage Servicing Rules under the Real Estate Settlement Procedures Act (RESPA) and Regulation X.

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Housing Wire

JULY 6, 2022

in April marking the largest single-month deceleration since 2006. As of mid-June, it takes about 36% of the median household income to make the mortgage payment on average-priced home purchase, which is well above the 34% post-1980s peak in July 2006. The annual home price growth index, measured by Black Knight, grew 19.3%

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Housing Wire

MAY 28, 2024

A licensed real estate broker since 2006, he managed a brokerage in San Diego and he also played a crucial role in establishing some of the first compliance management systems in the mortgage industry.

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Housing Wire

DECEMBER 7, 2020

The monthly housing supply for the existing home sales has only gone above six months during the bust years after the housing bubble (2006-2011). This period was also during a lull in our prime-age labor force growth, so demand was soft during the years 2006-2011. million jobs lost.

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Housing Wire

NOVEMBER 21, 2023

He started 42 Ventures in 2006 after successfully selling SBI Group , a digital marketing and technology consulting firm that he co-founded in 1998. Stringham is the founder of 42 Ventures , a venture capital firm that invests in software-based businesses.

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Housing Wire

SEPTEMBER 2, 2020

It was the highest sales level since 2006 and the biggest monthly increase on record. When Fed Chairman Jerome Powell announced in March the Fed would purchase bonds, it was 3.65%. Existing-home sales jumped 25% to a seasonally adjusted annual pace of 5.86 million in July, NAR said in an Aug.

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Housing Wire

SEPTEMBER 20, 2024

Founded in 2006 by Michael Levy, Grand Lux Realty is based in Westchester County, New York , and has more than 200 agents. The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty.

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Housing Wire

MARCH 10, 2025

Evolving from a startup to an industry leader HousingWire: You founded Mortiles in 2006 when you were 19 years old. The conversation explores the companys origin story, key offerings and value propositions, growth, and the future of the industry. This conversation has been edited for length and clarity.

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Housing Wire

MAY 26, 2022

But we should ask: Why is inventory so much lower now if purchase application data is at 2009 levels — a period in time when inventory was rising noticeably in 2006, 2007, 2008 and 2009? 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.

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