Housing Wire

OCTOBER 26, 2022

New home sales are now below the recession levels of 2000 and have fallen all the way to 1996 levels, when interest rates were near 8%. With mortgage rates spiking so much in a year, all of those homes that went into contract with rates between 3% to 4% are having issues with rates between 6% and 7%.

Construction 433

Construction Inventory Contracts Buyers 433

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. This is below the recession levels of 2000 and back to 1996 levels.

Construction 369

Construction Housing Market Sellers Marketing 369

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

OCTOBER 10, 2023

This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and are showing a willingness to budge on price or make other concessions. We are starting to see all of those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). 1 and Oct.

Buyers 64

Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. For our housing market, it’s time to have that talk. It can often be trying and tiring.

Buyers 36

Buyers Law Inventory Development 36

Housing Wire

OCTOBER 22, 2023

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class.

Real Estate 346

Real Estate Real Estate Agent Agents Brokerage 346

Lamacchia Realty

APRIL 6, 2022

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Buyers, sellers, investors, and builders are her business and she values every single client and loves getting people where they want to be.

Realtors 69

Realtors Realty Real Estate Agents 69

Will Springer Realtor

JUNE 13, 2023

It’s the bacon and eggs of the housing market – two staples that are often linked to one another. Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. Despite high interest rates, some hungry buyers are competing over limited inventory.

Buyers 36

Buyers Inventory Construction Finance 36

Appraisal Today

OCTOBER 6, 2023

The market area that the property is located in can definitely support the price but does the price truly reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? The average contract interest rate for 15-year fixed-rate mortgages increased to 6.86

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

Lamacchia Realty

JANUARY 27, 2023

in Massachusetts The 2022 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2022 compared to 2021 and illustrates what that means for the current market. Market adjustments, global pandemics, and anemic inventory are not for the faint of heart.

Inventory 63

Inventory Buyers Real Estate Sellers 63

Appraisal Today

JUNE 23, 2023

He designed the estate, completed in 2000, from the ground up. In addition to harming homeowners, systemic biases in valuations, either too low or too high, hurt neighborhoods, distort the housing market, and impact the tax base. The models aren’t able to think like buyers and sellers. The problem?

Appraisal 86

Appraisal Real Estate Valuation Contracts 86

Appraisal Today

JANUARY 12, 2024

I’ve seen thousands of appraisals over the years where appraisers made no Positive or Negative Market Conditions adjustments, as though the market is always in balance and prices are always stable, even during periods of rapidly changing prices. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.41

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” to 3%) and buyer’s broker (2.5

Real Estate Agent 360

Real Estate Agent Real Estate Agents Brokerage 360

Appraisal Today

JULY 29, 2022

Spiking housing supply & fewer buyers. We’ve seen a massive change in housing inventory. Let’s talk about supply and some things on my mind about today’s market. Four things about Today’s Housing Market. Four things about Today’s Housing Market. July 25, 2022 . By Ryan Lundquist .

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. This average reflects the total for both the listing agent and the buyer’s agent.

Real Estate 353

Real Estate Real Estate Agent Brokerage Agents 353

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A Days on Market: 241. Get PDF Now. Table of Contents.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

NOVEMBER 10, 2023

Knowingly or not, associations can discriminate against potential home buyers by enforcing a community’s established rules that have the potential to limit people of certain classifications from purchasing a property. This is not to suggest we are spiraling back decades to segregated housing. The overall total was only 19% in 2000.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. JULY HOUSING UPDATE. THE ROI OF HOME RENOVATION.

Buyers 36

Buyers Development Transportation Inventory 36

Will Springer Realtor

JULY 13, 2023

. >> There were 1.25M mortgages created in Q1 – conventional, refinanced and home-equity loans combined – marking the eighth consecutive quarterly decline and lowest reading since Q4 of 2000, according to ATTOM. Home prices continued to confound buyers by climbing toward record highs as summer began.

Construction 36

Construction Supply Chain Real Estate Development 36