Housing Wire
DECEMBER 7, 2022
Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22 million Historically inventory levels range between 2 million and 2.5 Mortgage rates went from a low of 2.5%
Housing Wire
NOVEMBER 17, 2022
However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. Back in 2007, we had over 4 million housing units for sale with crushing demand.
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Appraisal Today
AUGUST 5, 2022
Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. More Signs of Slowing – A Peek at July Data.
Appraisal Today
MAY 26, 2023
NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B billion tax fraud scheme. Owners with conservation easements can claim an income tax deduction.
Will Springer Realtor
MAY 9, 2022
This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. a month ago.
Will Springer Realtor
JUNE 9, 2021
Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4 Notably, Seattle single-family inventory slipped to 0.6
Will Springer Realtor
SEPTEMBER 8, 2021
That’s the most since 2007. There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. A drying up of listings sent inventory figures lower.
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