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Text duration start ents sentiment
housing market peaked back in 2008 and 3.6 Jump to 22.08
    DATE 2008
lot of fence sitters it's usually three 5.039 Jump to 57.52
    CARDINAL three
over the last next year and a half two 4.16 Jump to 96.72
    DATE the last next year and
perfect storm number one there's the 4.159 Jump to 115.92
balance out once we see that first rate 4.481 Jump to 128.319
    ORDINAL first
well first you have to keep in mind that 3.2 Jump to 132.8
    ORDINAL first
also have second home buyers and you 4.16 Jump to 153.76
    ORDINAL second
accelerating really the whole second 3.68 Jump to 169.12
    ORDINAL second
half of 2000 4.48 Jump to 171.28
um the last six months of 2001 and 5.359 Jump to 172.8
    DATE the last six months of 2001
accelerating into 2022 4.72 Jump to 175.76
    DATE 2022
four percent like 19 so we went from 4 5.68 Jump to 188.8
    PERCENT four percent
    CARDINAL 4
to up nearly 20 percent and i think a 4.4 Jump to 192.0
    PERCENT nearly 20 percent
30-year fixed mortgage rate as high as 3.36 Jump to 203.2
    DATE 30-year
four percent 3.2 Jump to 205.28
    PERCENT four percent
we have about 70 percent of homeowners 3.36 Jump to 206.56
    PERCENT about 70 percent
locked in below four percent 4.64 Jump to 209.92
    PERCENT below four percent
so if you're locked in at three 4.479 Jump to 212.4
    CARDINAL three
and rates are now four it's a big 5.039 Jump to 214.56
    CARDINAL four
um happen in the past in 2018 mortgage 5.681 Jump to 219.599
    DATE 2018
rates 1.4 to 5 from the beginning of 18 5.68 Jump to 222.08
    CARDINAL 1.4
    CARDINAL 5
    CARDINAL 18
to the end of 2018 they were at five and 4.56 Jump to 225.28
    DATE the end of 2018
    CARDINAL five
there's number one the investors who are 3.839 Jump to 265.36
    CARDINAL one
um pre-pandemic for three years prior to 5.52 Jump to 294.08
    DATE three years
the pandemic it kind of ran about 2.3 3.759 Jump to 296.88
    CARDINAL about 2.3
million 3.439 Jump to 299.6
and by the end of fourth quarter first 6.4 Jump to 300.639
    DATE the end of fourth quarter
quarter of 21 we got to over 2.8 million 6.321 Jump to 303.039
    CARDINAL over 2.8 million
to like 2.4 million so when we look at 4.72 Jump to 309.36
    CARDINAL 2.4 million
call it 20 21 of the market that's now 6.4 Jump to 316.0
    CARDINAL 20 21
26 percent of the market and that's not 4.399 Jump to 319.52
    PERCENT 26 percent
primary buyer the second home buyer has 5.2 Jump to 349.36
    ORDINAL second
the last two years and one would argue 3.919 Jump to 354.56
    DATE the last two years
maybe the second home buyer is a little 3.921 Jump to 357.039
    ORDINAL second
rate that first rate hike at least is 3.6 Jump to 391.68
    ORDINAL first
well you know i'm a mother of three and 4.08 Jump to 410.72
    CARDINAL three
because when you look at first-time 3.921 Jump to 429.759
    ORDINAL first
know we have a backlog that's at 2007 5.839 Jump to 438.08
    DATE 2007