by Calculated Risk on 6/27/2010 08:13:00 PM
Sunday, June 27, 2010
Housing Supply Metrics
Here is a table of various housing supply measures (just putting this in one place with links to the source data).
Note: here is the Weekly Summary and a Look Ahead. It will be a busy week!
Total delinquent loans1 | 7.3 million |
Seriously delinquent loans1,2 | 5.0 million |
Total REO Inventory3 | 0.5 million |
Fannie, Freddie, FHA REO4 | 210 thousand |
Homeowners with Negative Equity5 | 11.2 million |
Homeowner vacancy rate6 | 2.6% |
Rental vacancy rate6 | 10.6% |
Excess Vacant Units6,7 | 1.7 million |
Existing Home Inventory8 | 3.89 million |
Existing Home Months of Supply8 | 8.3 months |
New Home Inventory9 | 213 thousand |
New Home Months of Supply9 | 8.5 months |
1 Source: estimate based on the Mortgage Bankers Association’s (MBA) Q1 2010 National Delinquency Survey. "MBA’s National Delinquency Survey covers about 44.4 million first lien mortgages on one-to four-unit residential properties ... The NDS is estimated to cover around 85 percent of the outstanding first-lien mortgages in the country."
2 This is based on the MBA's estimate of loans 90+ days delinquent or in the foreclosure process.
3 Source: Radarlogic and Barclays as of Feb 2010.
4 Source: Fannie Mae, Freddie Mac and FHA. Fannie, Freddie, FHA REO Inventory Surges 22% in Q1 2010
5 Source: CoreLogic Q1 2010 Negative Equity Report
6 Source: Census Bureau Residential Vacancies and Homeownership in the First Quarter 2010
7 CR calculation.
8 Source: National Association of Realtors
9 Source: Census Bureau New Residential sales