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. 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. Mortgage rates went from a low of 2.5%

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

OCTOBER 11, 2022

This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. We’ve seen a massive price and payment inflation event with pricing still rising and the biggest mortgage rate increase in a single year in recent modern-day history.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

OCTOBER 23, 2024

When you ask the housing crash addicts why their home-price forecasts don’t work, they usually say we should adjust home prices to inflation, gold prices, or some other silly historical reference that doesn’t apply to modern-day economics. In 2010, when the new listings data was exploding, over 23% of homes in America were underwater.

Mortgage 497

Mortgage Inventory New Listings Sellers 497