2007 Modernization New Listings Sellers 
Housing Wire
DECEMBER 7, 2022
These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. 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
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.
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Will Springer Realtor
SEPTEMBER 8, 2021
Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. That’s the most since 2007. Active listings as of Sept. The sellers are seeking $3.86M, $1222/sq. SMILE FOR THE CAMERA.
Will Springer Realtor
MAY 12, 2021
The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. The county saw new listings and end-month Active listings rise but Pending sales slip, suggesting buyers are no longer snatching every listing on the Northwest MLS as they become available.
Will Springer Realtor
JUNE 9, 2021
There are at least five factors that make this housing environment far different – and more stable – than roughly a decade ago: Low inventory and lack of supply – There were some 4 million homes on the market nationally in July 2007 compared with about 1.1 The average King County single-family listing sold in May 9.5%
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