Why purchase application data is below 2008 levels
Housing Wire
NOVEMBER 9, 2022
Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures. Right on cue, 2020 came and we hit the 300 level. However, the housing market did run into one problem in 2020. We are up 43% since 2020.
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