2002 Inventory Modernization 
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22
Housing Wire
OCTOBER 11, 2022
Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28
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Housing Wire
SEPTEMBER 22, 2022
Total Inventory data fell in this report from 1.31 It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52 I am a big fan of inventory to 2019 levels. Even though 2019 inventory levels were historically low, they were at four-decade lows before 2020; they’re a more effective pricing market.
Housing Wire
NOVEMBER 17, 2022
However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. New homes are always more expensive than older cheaper existing inventory so the builders are mindful of the competition.
Appraisal Today
SEPTEMBER 29, 2023
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ percent, with points increasing to 0.96
Appraisal Today
OCTOBER 21, 2022
Inventory levels. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. percent – the highest level since 2002,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. Until we get past this period over the next few months it may be hard to say definitively what is exactly happening.
Will Springer Realtor
OCTOBER 11, 2022
We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( months’ inventory for all homes on the market and in the single-family category. months (or 40 days) worth of inventory is on the market. last month.
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