2002 Development Sellers 
Housing Wire
MAY 24, 2022
I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. Census Bureau and the Department of Housing and Urban Development. The only way this happens is by higher rates. This is 16.6
Housing Wire
SEPTEMBER 26, 2023
This is why I have called them efficient home sellers. Census Bureau and the Department of Housing and Urban Development. As we can see in the chart below, sales levels aren’t exactly booming like they were from 2002-2005. However, higher mortgage rates make it harder and harder to pull some of those deals off. percent (±15.6
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Housing Wire
JUNE 28, 2022
I developed a specific home-price growth model for the years 2020-2024 which said that if home-price growth grew at 23% for five years we would be fine, with total housing demand —both new and existing homes together — getting to 6.2 Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. million or higher.
Housing Wire
AUGUST 11, 2020
One tool I used for a time to level this playing field was seller-funded down payment assistance. In 2002, to protect lenders, I cofounded and organized an industry association called HAND, whose mission was to educate the mortgage industry on the proper utilization of seller funded DPA, and to curb risky practices.
Housing Wire
DECEMBER 5, 2022
In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association. And this industry made good margin and good incomes through most of those years (Great Recession aside).
Housing Wire
DECEMBER 23, 2022
The truth here that nobody wants to talk about is that we didn’t have a massive sales credit boom in housing from 2020-2021 like we saw from 2002-2005. Census Bureau and the Department of Housing and Urban Development. However, even if I adjust for that, sales trends have bounced off the lows for a while. percent (±22.7
Housing Wire
MARCH 23, 2022
Census Bureau and the Department of Housing and Urban Development. As you can see below, the new home sales market from 2018-2022 doesn’t look like the housing market we had from 2002-2005. Like home sellers, they try to make as much money as possible. percent (±11.9 percent)* below the revised January rate of 788,000 and is 6.2
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