Housing Wire

MARCH 23, 2023

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 Rates did spike from 5.99% to 7.10% recently , impacting the data coming up.

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Inventory Housing Market Construction Marketing 541

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

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Housing Market Marketing Inventory Investors 482

Housing Wire

APRIL 13, 2022

This was the last thing we needed to see for the Housing Market , which went from unhealthy to savagely unhealthy. What I am hoping for is that higher rates create more days on the market, cool price growth down, and at some point this year, we stop being negative and be positive on a year-over-year basis.

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Housing Market Marketing Mortgage Inventory 456

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. Inventory is always seasonal. Today inventory levels are at 1.02

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Housing Market Marketing Inventory Realtors 526

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. Unsold inventory sits at a 2.0-month

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Housing Market Marketing Inventory Mortgage 504

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy.

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Inventory Housing Market Marketing Mortgage 524

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Inventory is still showing negative year-over-year data.

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Housing Market Marketing Mortgage Inventory 511

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast.

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Housing Market Marketing Inventory Lending 418

Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020.

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Inventory Housing Market Mortgage Marketing 538

Housing Wire

JUNE 2, 2022

One top question he addresses is how the industry is reacting to this savagely unhealthy housing market. HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? The big difference now than, let’s say, what we saw from 2002-2008.

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Training Inventory Housing Market Real Estate Agent 444

Appraisal Buzz

NOVEMBER 18, 2021

After a torrid start to the year, home price appreciation will slow, and new construction will replenish the nation’s inventory in the second half of 2002. The post Balance to Return to the Housing Market appeared first on DSNews. The post Balance to Return to the Housing Market appeared first on Appraisal Buzz.

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Housing Market Marketing Construction Inventory 195

Housing Wire

DECEMBER 20, 2022

Traditionally, housing starts, permits, and completions would move together, like what we saw in 2002-2005. The housing recession story is separate from the housing completion story and inventory backlog. Housing permits are falling, since builders need to be more confident in building something.

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Housing Market Marketing Construction Supply Chain 441

Housing Wire

MARCH 28, 2022

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. Inventory has been falling for years.

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Housing Market Marketing Supply Chain Inventory 333

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been. The excellent.

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Housing Market Marketing Construction Mortgage 532

Housing Wire

NOVEMBER 4, 2024

housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” Jessica Lautz , NAR’s deputy chief economist and vice president of research, said in a statement accompanying the report. Together, the median age of all homebuyers sits at 56.

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Real Estate Agent Buyers Sellers Realtors 342

Housing Wire

MARCH 31, 2022

That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble. First, because there is no speculative debt demand going on today, there can’t be a housing bubble. housing market behavior for the first time since the boom of the early 2000s.

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Housing Market Inventory Lending Marketing 529

Housing Wire

SEPTEMBER 26, 2023

. “This is about the same rate of price growth that occurred during the 2002 through 2006 period when subprime lending drove exuberant housing demand. “But that is where the similarities end.

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Inventory Housing Market Lending Buyers 475

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Sellers Inventory Housing Market New Listings 514

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

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Housing Market Inventory Construction Marketing 418

Housing Wire

SEPTEMBER 26, 2023

That’s right — for all the hype of massive housing inventory coming from the builders, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved. As we can see in the chart below, sales levels aren’t exactly booming like they were from 2002-2005.

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Inventory Construction Housing Market Marketing 481

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. 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.

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Mortgage Inventory Housing Market Construction 483

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy. Over the last two and a half years of U.S.

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Inventory Housing Market Mortgage Construction 540

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. I have documented the history of these housing price crash addicts for a decade now. Housing inventory issue with no booming demand.

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Inventory New Listings Law Housing Market 397

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 479

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. The peak of the housing bubble was roughly 1.4

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Construction Housing Market Inventory Marketing 514

Housing Wire

NOVEMBER 9, 2022

However, the housing market did run into one problem in 2020. Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6% nominal per year at most.

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New Listings Inventory Housing Market Sellers 500

Housing Wire

NOVEMBER 8, 2021

This was the case for housing during the lead-up to the bubble years as housing data went criminally insane in the years 2002-2005. As we close in on Thanksgiving, we can be grateful for the recent excellent jobs report, which shows that the housing crash fanatics have failed once again in 2021. Regarding the U.S.

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Housing Market Marketing Inventory 520

Housing Wire

OCTOBER 12, 2020

Despite what they promised, we sit here today with the United States housing market outperforming all other economic sectors in the world during the pandemic. In order for the housing market to crash due to too many loans going into default when forbearance programs end, the number of loans in these programs needs to grow.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

AUGUST 19, 2021

According to Sam Khater, chief economist at Freddie Mac, as with other parts of the economy, low housing inventory and price increases have dampened sales. Housing is in a similar phase of the economic cycle as many other consumer goods. Census Bureau reported that housing starts hit 1,534,000 for July, missing estimates.

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Mortgage Supply Chain Inventory Finance 516

Housing Wire

DECEMBER 22, 2021

Knowing that the housing crash addicts on YouTube , Twitter , Facebook , and Clubhouse would incorrectly push the negative year-over-year data spin, I wanted to get ahead of that narrative. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market.

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Inventory Housing Market Investors Marketing 492

Housing Wire

MARCH 17, 2022

We had more housing starts during the bubble years because from 2002 to 2005 that demand curve was higher, but it was facilitated by unhealthy credit growth. The homebuyers of new homes today are very solid, but since we don’t have a credit boom in housing, housing starts will move up slowly. Housing completions.

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Construction Housing Market Inventory Buyers 482

Housing Wire

FEBRUARY 24, 2022

This stands in contrast to the existing home sales market, where higher mortgage rates can create more inventory and cool down price growth. As you can see below, the market we’ve had from 2018-2022 looks nothing like the overheating demand we saw from 2002 to 2005.

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Construction Housing Market Marketing Mortgage 423

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. That would reverse the problem the housing market has had selling homes with mortgage rates above 7%. percent (±22.7 percent (±13.0 This represents a supply of 8.6

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Construction Housing Market Mortgage Sellers 356

Housing Wire

AUGUST 16, 2022

Of course, housing starts today aren’t collapsing in the way they did from the peak of 2005 because we haven’t had a sales credit boom in recent years as we did from 2002-2005, which inflated new home sales toward 1.4 Currently, we are in a much different housing recession than what we had from 2005-2011.

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Mortgage Construction Inventory Buyers 533

Housing Wire

JUNE 24, 2022

The market has changed with rates so much higher, but for the most part, the builders are managing the recent weakness in sales as best they can. Census: For Sale Inventory and Months’ Supply The seasonally?adjusted adjusted estimate of new houses for sale at the end of May was 444,000. This represents a supply of 7.7

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Inventory Construction Marketing Mortgage 480

Housing Wire

JULY 6, 2022

Since the summer of 2020, I’ve genuinely believed that once the 10-year yield breaks over 1.94%, the housing market could change, and with the home-price growth that we have had since 2020, the demand would be worse than usual. Look, no massive foreclosures are happening to send inventory skyrocketing. Why is this?

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Lending Mortgage Business Inventory 501

Housing Wire

APRIL 27, 2022

The one thing housing has going for it now is that we don’t have the speculative booming demand as we saw from 2002 to 2005. From Census: The median sales price of new houses sold in March 2022 was $436,700. They were simply doing what the marketplace allowed them to do with low inventory and low mortgage rates.

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Construction Buyers Housing Market Inventory 347