2008 Contracts Sellers 
Housing Wire
MARCH 31, 2025
Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Those do not seem imminent.
Housing Wire
OCTOBER 12, 2022
Given the ongoing tension between potential homebuyers and home-sellers at the moment, we believe the pace of sales is likely to slow even further, too,” he added. annualized in the third quarter of 2022 due to strong net export and inventory investment activity, before contracting 0.7% contraction in real GDP in 2023.
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Housing Wire
JUNE 29, 2024
Today, we will examine new listing data more extensively to provide a clear example of a stressed seller market and compare that to where we are today. The last time we had a stressed seller market was when national home prices crashed in 2008-2011 and even with more inventory , we’re nowhere close to those levels.
Appraisal Buzz
SEPTEMBER 25, 2024
In fact, the last time the FOMC cut rates by half a point was during the 2008 global financial crisis. The Fed’s initial cut is likely to bring more buyers and sellers to market, potentially opening the inventory floodgates and momentum for price competition. What will lenders do?
Housing Wire
FEBRUARY 16, 2023
There is one simple reason for this: it’s not 2008. However, the glaring difference today versus the recession of 2008, is that in 2007 the builders had to deal with over 4 million active listings as competition for their pricey new homes. Let me be honest here: we got lucky as a country. months and above.
Housing Wire
OCTOBER 15, 2024
That’s about 8% more sellers than a year ago, about what we’ve been averaging all year. As has been the case all year for me, I’m watching the new listings count for signs that pent-up seller supply may start leaking or surging onto the market. Home sellers have a current price in mind, and they don’t really want to sell for less.
Housing Wire
OCTOBER 12, 2022
It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. The industry is now heading into one of those contractionary periods and an ICE-Black Knight merger would amplify those effects.
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