2002 Inventory Lending 
Housing Wire
JANUARY 20, 2023
On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. million in January down to about 4 million in December, We now have total inventory levels near all-time lows again. Unsold inventory sits at a 2.9-month months in Nov.
Housing Wire
JULY 6, 2022
As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter. One of the biggest reasons home sales crashed from their peak in 2005 was that the credit available to facilitate that boom in lending simply collapsed. The short (and long) answer is no, not a chance.
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Housing Wire
JUNE 27, 2024
Demand for investment properties remains strong even as market conditions, such as higher mortgage rates and lower levels of inventory , hamper deals in similar fashion to consumer homebuyers. A national lender, Dominion was founded in 2002 and has reportedly funded more than $3 billion in loans across more than 11,000 deals.
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.
Housing Wire
MARCH 31, 2022
We aren’t anywhere close to the housing bubble dynamics we had from 2002 to 2008; that environment is simply impossible to replicate. Especially in a year when inventory has crashed to all-time lows and demand for those houses is still so high. This got smashed in two years, and inventory levels broke to all-time lows this year.
Housing Wire
DECEMBER 29, 2022
The housing market of 2002-2005 had four years of sales growth facilitated by credit. However, what isn’t identical is that we have not had a massive sales boom like we saw from 2002-2005. This is significantly different than the period from 2002-2005 when credit expansion was booming. Housing inventory. Home sales.
Housing Wire
APRIL 8, 2022
Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast. The velocity of inventory rising in the next three months is limited. April 2022: Inventory has not recovered. Can this last?
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