2009 Buyers Construction Sellers 
Housing Wire
JUNE 10, 2022
His recent article, “Purchase apps are at 2009 level: where’s the inventory?” We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are His articles are always my favorite.
Housing Wire
MAY 26, 2022
Today, however, the purchase application data is actually down to levels we saw in 2009 ! How can housing inventory be so low today when it skyrocketed back in 2009? We have more housing starts under construction now than in recent history! We have a lot of multifamily construction going on that won’t help the homebuyer.
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DW Slater Company
JANUARY 30, 2023
Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates. We will soon be seeing the spring market and it will be interesting to see where mortgage rates are going to be and how confident buyers and sellers will be in the spring market.
Housing Wire
MAY 15, 2024
New construction in age-restricted communities is becoming a rising trend. According to the National Association of Home Builders (NAHB), the number of homes being built in age-restricted communities has grown significantly, since 2009, with about 6% of all new homes built for those either age 55 and older or 62 and older, as of 2022.
Appraisal Today
JULY 1, 2022
Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? Excerpts: Built in 2009, the home is has 8 bedrooms, 6.5 2) Many sellers are distracted by hot headlines from the past. 10) Buyers have more opportunities. I’m used to my local median prices at over $1,000,000! By Jamie Owen.
Annarbor Appraisal
APRIL 9, 2020
This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Houses in blue, condominium units in orange, new construction included. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings.
Appraisal Today
FEBRUARY 9, 2024
= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9%
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