Housing Wire
MAY 8, 2024
Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. So you can see why we have so few stressed sellers. Demographics also play a role here.
Housing Wire
NOVEMBER 9, 2022
We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. New listing data is down 5% year to date, as you can imagine. This means less demand for housing.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. As we can see below, none of that is happening today because the seller isn’t stressed.
Housing Wire
AUGUST 3, 2022
People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. We see some of this in the active listing data as new listings are declining.
Housing Wire
APRIL 22, 2024
We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.
Housing Wire
JANUARY 5, 2023
Going back to 2013, I have stressed that my affordability index gets tripped up if mortgage rates get above 5.875% , and wrote about this in 2019 as we were about to enter my critical period of 2020-2024. From 2013 to 2022 I forecasted price growth every year. million in 2023. million for 2023. Housing recession.
Housing Wire
MARCH 8, 2024
Altos considers any score above 30 to be a seller’s market. 70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We When we were coming out of COVID we were seeing 15 to 20 offers on a house, where you’d have to make a spreadsheet to show your seller. as of March 6, 2024.
Expert insights. Personalized for you.
449 
Let's personalize your content