2000 Housing Market Sellers 
Housing Wire
SEPTEMBER 28, 2023
“The 30-year fixed-rate mortgage has hit the highest level since the year 2000,” Sam Khater, Freddie Mac’s chief economist said. However, unlike the turn of the millennium, house prices today are rising alongside mortgage rates, primarily due to low inventory. Other indices showed significantly higher mortgage rates this week.
Housing Wire
DECEMBER 7, 2022
What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Total inventory levels. NAR: Total Inventory levels 1.22
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Housing Wire
APRIL 13, 2021
Austin, Texas might be the hottest housing market in the country. If a seller has those multiple offers, they are looking first at cash offers and may even consider a lower cash offer because they don’t have to worry about the property appraising for that price,” Garrett said. It is just a super tight housing market.
Housing Wire
DECEMBER 29, 2022
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.
Housing Wire
MAY 2, 2023
The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. The result is fewer sales.
Housing Wire
JUNE 14, 2024
The second occurred in October 2023 when mortgage rates peaked at their highest point since 2000. Data continues to reflect seller-friendly market conditions as the median sale price reached another record high of $439,716 — up 5.1% In these areas, individual home sellers have been facing strong competition from homebuilders.“
Housing Wire
APRIL 29, 2024
since January 2000. In March, the housing market was almost overvalued at a national level, but a surprisingly large number of markets remain significantly undervalued, according to First American. Additionally, house prices are ‘downside sticky.’ between February and March 2024 but increased 0.8% year over year.
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