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Why purchase application data is below 2008 levels

Housing Wire

Purchase application data is now below 2008 levels! But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Right on cue, 2020 came and we hit the 300 level. However, the housing market did run into one problem in 2020.

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Is the Dallas Fed right to label this a housing bubble?

Housing Wire

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion. Let me explain.

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Logan Mohtashami on why this is a savagely unhealthy housing market

Housing Wire

HousingWire: To begin, how has your 2022 forecast changed so far? The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market.

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What the Fed rate hike means for the economy

Housing Wire

But looking forward, the Federal Reserve has now started to pull back from their accommodative stance because they believe the economy is too strong and the concern right now is to fight inflation with rate hikes. The Federal Reserve’s job is to cool down this hot economy, so the economy now has pressures on two fronts.

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HW+ Member Spotlight: Eric Lapin

Housing Wire

Below, Lapin answers questions about the housing industry: HousingWire : What is your current favorite HW+ article and why? There was a row of clubs and restaurants right in the middle of campus, including O’Sullivan’s Wharf on Colley Avenue where I waited tables during the day. That is how I feel about playing music.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

So, yeast or sourdough can both be leaven. Others have expressed concerns that we are headed for a housing crash, like in 2008. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. How does yeast work? Pretty cool!

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How Is the Winter Market Faring to Date?

Eppraisal

Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. The Housing Market Bubble Will Not Burst According to an article, Will the U.S. Housing Market Crash in 2022? This is why the housing bubble will not burst, and the housing market will not crash.