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This is not 2008 all over again for the housing market

Housing Wire

When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble. But is it a bubble? Become a member today. Already a member?

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Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. average during the 2010 to 2019 time period. Get $75 off your initial membership with coupon code “intro75” The post Housing market outlook for 2021…and beyond appeared first on HousingWire.

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How Delta variant may impact housing market

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. This was my big fear. Become a member today.

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How demographics shaped the housing market in 2021

Housing Wire

An often-forgotten turn of luck for the American economy is that the housing market entered a period of the best housing demographics ever recorded in history the same year that COVID grabbed hold of us. As I always stress every time I can, housing broke out before COVID-19 hit us. Become a member today. Already a member?

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Fannie Mae on Q4: Existing home sales will be lowest since 2010

Housing Wire

The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected. million on an annualized basis – the lowest since Q3 2010. With mortgage rates having previously soared to around 8% , existing home sales will likely decline further to bottom out in early 2024. million in 2023, 4.7 million in 2025.

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Just how bad was 2023 for the housing market?

Housing Wire

RealTrends has been tracking housing market data since 1979, including households, home sales, average mortgage rates , etc. Even during the downturn of 2006-2010, this factor only hit a low of 3.84% (2010). RIP 2023 — Whew, that was a year none of us would like to live through again. How bad was last year?

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Comparing this housing market recession to 2008

Housing Wire

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.