Housing Wire

SEPTEMBER 3, 2022

From BLS: Below are the areas where the report says jobs were created, and the construction job growth data is encouraging to see. Also, we must be mindful that multifamily construction has been good this year, with rental demand still solid. We aren’t there yet, but now is the time to be mindful of it.

Contracts 464

Contracts Construction Marketing Design 464

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. BH: What are you expecting to see in terms of demand for new construction heading into 2023?

Supply Chain 354

Supply Chain Construction Inventory Finance 354

Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”. Economists across the U.S.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Get a free home valuation for your house and trends in your neighborhood. Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. Then the housing bubble burst. market during the pandemic – and there is great anticipation for strong demand. >> About 4.4

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. TRACK AND GRAPH THE NUMBER OF LISTINGS VS. PENDINGS AND EXPIREDS, DAYS ON THE MARKET, PRICE CHANGES, ETC. .

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. Here’s the formula.

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Scary, indeed, but are these signs of a pending housing recession? There are 7.4% Sales inched 1.0%

Finance 68

Finance Inventory Construction Buyers 68

Appraisal Today

MAY 26, 2023

The fraud started in 2008, one year after Roberts became a licensed appraiser, according to court documents and statements. From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements. Let’s take a look at it from basically both sides.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. Homes going under contract (Pending sales) dropped 25% from the previous month and 30% year-on-year (YoY) – staggering drop-offs.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Appraisal Today

MAY 19, 2023

The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate. Appraisal Business Tips from Ann O’Rourke Why is the residential lender business so slow now, as compared with 2008? They used materials from all over the world to furnish it.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Birmingham Appraisal

MARCH 21, 2023

Since the housing crash in 2008, there has been limited new construction of homes which has negatively impacted the amount of housing supply. If interest rates are low, it can lead to higher property values as it makes it easier for buyers to afford the mortgage payments, therefore, more buyers enter the market.

Real Estate 86

Real Estate Appraisal Marketing Market Value 86

Appraisal Today

MARCH 15, 2024

However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. In previous downturns, such as during the 2008 recession, there were many foreclosures due to bad lending. Later a conventional commercial building was constructed. = This kept appraisers busy.

Appraisal 69

Appraisal Inspection Modernization Business 69

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. We are not alone in witnessing a welcome rise in available homes on the market.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MARCH 14, 2023

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. Meantime, some of the bigger home builders – who are in the business of constructing and quickly selling product – are showing signs of financial stress.

Marketing 36

Marketing Buyers Inventory Sellers 36

Appraisal Today

JANUARY 4, 2023

Are foreclosures and short sales coming back to the housing market? That’s often the housing narrative, and let’s talk about that while looking at some changes we’re starting to see in the Sacramento market. How can you use this to analyze your market(s). The current market is different. percent from 6.42

Appraisal 52

Appraisal Contracts Business Development 52

Appraisal Today

JULY 29, 2022

Four things about Today’s Housing Market. 1) The spike in housing supply is NOT due to sellers: In a short period of time, we went from having three weeks of supply in the Sacramento region to ten weeks. This is actually about fewer buyers getting into contract. What is causing this change? percent from 5.82

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

Architecture 36

Architecture Design Buyers Construction 36

Appraisal Today

SEPTEMBER 30, 2022

in 2007-2008, few appraisers used them. I used Hypothetical Assumptions for new construction, of course. =. acre property complete with the castle and carriage house is on a riverbank. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Listing Spark

FEBRUARY 7, 2024

Forced life events like death, divorce, job loss or transfer were the driving factors bringing resale homes to market. This is probably one of the factors that kept our housing market from spiraling completely off the rails. We didn’t see a wave of panic selling like we did in 2008.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Quicken Loans

AUGUST 3, 2021

What the Committee said and what it could mean for the housing market is the subject of our Big Story. However, you deal with enough purchase contracts in home negotiations to know that language matters. in June, the biggest monthly increase since June 2008. Housing Market Index. The Big Story.

Real Estate 53

Real Estate Marketing Real Estate Agent Clients 53

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. In his estimate: “Homebuilding’s going to contract.”. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017).

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

NOVEMBER 20, 2022

In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. This is definitely not a repeat of 2008. ==. The housing market will figure it out. The average contract interest rate for 5/1 ARMs decreased to 5.73

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Kitchen and bath professionals are reporting 3.9-month

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. What Is a Buyer’s Market?

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. It’s not just about how to protect the client with MLS disclosures and contingencies in the contract. They reused the same playbook that they used for several years after 2008. 2021 Recap.

Sellers 74

Sellers Inventory Buyers Realtors 74