Remove 2008 Remove Construction Remove Housing Market Remove Lending
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Why we can’t build our way out of this hot housing market

Housing Wire

During the previous economic expansion from 2008 to 2019, the housing market was subject to the constant refrain of build more homes. The previous economic expansion from 2008 to 2019 was the weakest housing recovery ever. Because that period followed a housing boom and bust when inventory was overbuilt.

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Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis

Housing Wire

The real estate market in China, both commercial and residential, have been unwinding over the last few years. in 2008 and 2009. Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. Following a pattern eerily similar to the U.S.

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Comparing this housing market recession to 2008

Housing Wire

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

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A good jobs report, but also another recession red flag

Housing Wire

As you can see below from the unemployment rate chart, the job recovery was much faster than after the great recession of 2008. . The internal jobs data always pointed to a strong recovery, and job openings have been trending higher since 2008. Just whistle, folks — that is a hot labor market. 4, 5 and 6.

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Logan Mohtashami’s 2024 housing market and rate forecast

Housing Wire

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. They will manage their supply slowly.

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Why Manufactured Housing Deserves a Fresh Look

Genworth MI Blog

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code.

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances. When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated.

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