2008 Construction Home Value Inventory 
Housing Wire
JUNE 10, 2022
His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?
Cleveland Appraisal Blog
APRIL 29, 2021
Buying a property is not just about creating a home, it is making a long-term investment. Generally speaking, real estate is one of the most secure investments you can make, and bar any situations like the crash in 2008, you are pretty much guaranteed a constant increase in value and desirability. Materials used.
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DW Slater Company
FEBRUARY 23, 2023
Some may have a bit of PTSD from the 2008 Housing crash but just know that this is a different market with different factors impacting it. The biggest answer is inventory. The inventory is still at very low levels. Until we have more inventory, prices will hold. Our markets are still strong.
Housing Wire
MARCH 23, 2022
Year-over-year, new home sales were down 6.2% Though February’s new sales were below recent highs, builders are still selling homes at a higher seasonally adjusted rate than they did at any point between 2008 and 2019,” Zillow economist data analyst Dan Handy said in a statement. in February. This is an increase of 3.3%
Appraisal Today
MAY 19, 2023
And while the stone home’s price tag is the steepest in the state, “the cost to recreate this property today would be north of $30 million,” according to the listing. The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate.
Appraisal Today
JUNE 17, 2022
Today is NOT the same as 2008+, with its massive fraudulent loans made to unqualified buyers. Computer modeling did not predict the 2008 crash. Did anyone think in early 2020 that home values all over the country would go off the charts? percent – the highest level since 2008. USPAP and the Contract.
Empire Appraisal Group
OCTOBER 28, 2021
Exuberant buying – with multiple offers and bidding wars – has become common across the country, reminiscent of the fevered market before the 2008 housing crash. Home prices nationwide increased year-over-year by 18% in July 2021, the largest annual growth that CoreLogic Home Price Index has measured in its 45-year history.
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