Remove 2009 Remove Buyers Remove Home Value Remove Inventory
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Home prices are dropping like it’s 2009

Housing Wire

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. Much of that depends on how much inventory returns to the market.

Inventory 523
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HW+ Member Spotlight: Stacy Esser

Housing Wire

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

Sellers 380
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Too many appraisers?

Appraisal Today

The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen home values rise at record rates over the past few years.

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Appraisals – Check the Water Source!

Appraisal Today

The number of potential buyers will decrease as rates go up in many markets. Today is NOT the same as 2008+, with its massive fraudulent loans made to unqualified buyers. Did anyone think in early 2020 that home values all over the country would go off the charts? When will it affect your market? No one did. .