Discover and read the best of Twitter Threads about #LoanOfficer

Most recents (1)

@LoganMohtashami has often talked about the structural decline in housing inventory that has been going on for quite some time. There are many arguments for why - too many landlords, STRs, population⬆️, etc.

🧵analyzing the DC Metro Real Estate using @AltosResearch Data.
The charts I will use mirror how @mikesimonsen shows national data. I call my report the "#Realtor and #LoanOfficer Misery Index" as I show new pending contracts compared to active inventory.

It is truly shocking the decrease in transactions on a weekly basis!
#MontgomeryCounty is a Maryland suburb just N of DC. I outline Active Inventory and New Pending Contracts using the same week in each measured year:

2023: 331/92
2021: 394/137
2020: 835/147
2019: 1,279/197
2018: 1,555/224

Inventory down 80%.
Contracts down 60% Image
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!