2007 Modernization New Listings 
Housing Wire
DECEMBER 7, 2022
Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Total inventory levels. NAR: Total Inventory levels 1.22
Housing Wire
OCTOBER 23, 2024
If you take 2007-2011 out of the equation, we have had only one year go negative; that was 1990, and that was only a 1% decline. Where I disagree with Yun is this: We have more inventory because demand has been softer, and we have more new listings this year compared to last. In 2007, active inventory spiked to 4 million.
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Will Springer Realtor
MAY 9, 2022
This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers.
Will Springer Realtor
MAY 9, 2023
They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. years, according to recent data, when it was only about five years just before the housing market crash of 2007.
Will Springer Realtor
OCTOBER 11, 2022
Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of new listings in the previous month and remaining on the market as of Oct. bath , 4550 sq.
Will Springer Realtor
SEPTEMBER 8, 2021
Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. That’s the most since 2007. Active listings as of Sept. Yes, more homes are coming to a neighborhood near you.
Will Springer Realtor
MAY 12, 2021
The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. The county saw new listings and end-month Active listings rise but Pending sales slip, suggesting buyers are no longer snatching every listing on the Northwest MLS as they become available.
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