Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. But one positive reason for the low inventory is that homeowners have great financials and aren’t being forced to sell their homes out of stress. NAR: Total existing-home sales receded 4.3%

Inventory 491

Inventory Housing Market New Listings Buyers 491

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 410

Agents Buyers Sellers Inventory 410

Housing Wire

DECEMBER 21, 2022

.” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. Since the credit standards have improved post-2010, we shouldn’t see distressed sellers until a job loss recession happens, even if sales fall noticeably.

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

JANUARY 6, 2021

Since COVID-19 has enforced more restrictions on open houses, Redfin allows buyers to unlock the door of most RedfinNow listings via the Redfin app and self-tour seven days a week from 8 a.m. We let sellers choose their closing date, so they have the money to complete their purchase and only have to move once.”

Housing Market 458

Housing Market Marketing Open Houses Sellers 458

Housing Wire

JANUARY 29, 2021

Last year, buyer demand increased due to record low mortgage rates. To put it simply, the last half of 2020 was a seller’s market. Low-interest rates are great for potential buyers. Why is this a good thing for sellers, you ask? This means, home prices will rise and sellers will walk away with a good chunk of change. .

Property Taxes 458

Property Taxes Sellers Mortgage Buyers 458

Housing Wire

MAY 10, 2022

These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The homeownership rate for Black Americans has actually declined between 2010 and 2020 and stands at 43.4%, while the homeownership rate for white Americans is 72.1%. While the homeownership rate in the U.S.

Housing Market 450

Housing Market Realtors Buyers Inventory 450

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. All cash buyers now stand at 24%. The last high among all-cash buyers was seen at 35% in 2014.

Realtors 397

Realtors Housing Market Marketing Buyers 397

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So, I agree with the consumer survey and keep saying this is the unhealthiest housing market post-2010.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So, I agree with the consumer survey and keep saying this is the unhealthiest housing market post-2010.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

JUNE 30, 2021

million people since 2010. “Sellers who are in the market right now are rushing to get under contract because they know buyers may start rethinking their decisions when fire season worsens,” Anderson said. In all, Utah’s population has increased by 3.3 What does the future of appraisals look like?

Real Estate Agent 397

Real Estate Agent Modernization Real Estate Agents 397

McKissock

OCTOBER 26, 2020

That is if you’re representing the buyer, what should you look for in terms of that extra workspace? If you’re representing the seller, how can you best exploit that feature of a home, or advise people on how to create areas for work or study if they’re lacking? Sellers need to price their property to attract a broad pool of buyers.

Buyers 61

Buyers Sellers Agents Real Estate Agent 61

Housing Wire

AUGUST 22, 2023

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. So, when home prices and mortgage rates rise so quickly, some sellers won’t list , which means they’re not buying either. Obviously, people don’t sell a home to be homeless.

Sellers 370

Sellers Marketing Inventory Housing Market 370

Housing Wire

JUNE 21, 2022

Since March of this year, housing demand has been falling more and more, but inventory is still below the 2010, 2013, 2016, and 2019 levels, which is a nightmare. Home sellers with high equity aren’t as sensitive to higher rates because they bring a more significant down payment. The only way this happens is higher rates.

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Lamacchia Realty

JULY 26, 2023

The rising rates over the past 16 months have decelerated the number of sales as buyer affordability has been greatly diminished and because sellers are hesitating to list. Listing essentially requires sellers to trade in their pandemic-era rates of 2-3% for the current rates hovering in the high 6%-low 7% range.

Sellers 63

Sellers Buyers Real Estate Realty 63

Housing Wire

AUGUST 30, 2022

One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. The 2005 bankruptcy reform laws and the 2010 Qualified Mortgage laws, once passed, created an expansion that has produced the highest quality homeowners in our lifetime.

Inventory 384

Inventory New Listings Law Housing Market 384

Hank Miller Team

MARCH 21, 2022

The 2022 market could not be more different than the 2010-12 market.over 100K homes were on the market during the darkest days. BUYERS & SELLERS The overall "buyer's" or "seller's" market question is best answered visually. There's so much more to know - ask us.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Miller Samuel

FEBRUARY 12, 2019

In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. Miller said there are more buyers today compared to 2009, but those buyers are “very jaded about what value is.” In 2009, the average discount from listing was 10.2%.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Empire Appraisal Group

FEBRUARY 25, 2021

In 2010, owners stayed for 8.7 years in 2019 – but well ahead of 2010’s reading of 8.7 A drop in sellers as owners stay in a current home longer, however, tightens the real estate markets. Why Aren’t Homeowners Selling? Lots of Good Reasons. Source: Why Aren’t Homeowners Selling? Lots of Good Reasons | Florida Realtors.

Realtors 60

Realtors Inventory Real Estate Sellers 60

Housing Wire

OCTOBER 20, 2022

Despite this drop, investment returns for home sellers is still up from 48.8% ATTOM says these factors are raising homeownership costs for buyers, which it says “cuts into resources available for down payments on purchases” and impacts overall household budgets. Metro results for home sellers. This is up from 6.7%

Sellers 410

Sellers Investing Housing Market Real Estate 410

Lamacchia Realty

JUNE 15, 2021

As a first time home buyer , this might sound very scary so it is important to explain it fully. Lead paint is not something to lose sleep over – it’s safe to say most buyers DON’T have it done – BUT it is important to understand the disclosure and the possible risks and responsibilities to resolve if necessary.

Buyers 74

Buyers Law Landlords Tenants 74

Lamacchia Realty

JUNE 29, 2023

Jim’s daughter, Kara Foley , has been running the company since 2010 and played a large role in maintaining the company’s success. Jim Foley Founder of Foley Real Estate Jim was at the helm of the Foley brokerage until 2010 when his daughter Kara Foley stepped in as the Managing Partner and Real Estate Advisor.

Realty 69

Realty Real Estate Marketing Property Management 69

Lamacchia Realty

JULY 14, 2023

Kara joined her family business, Foley Real Estate, in 2010 as a managing partner after a seven-year career in the investment banking industry. Mike McGrory Vice President of Lamacchia Property Management Lamacchia Realty has been serving buyers and sellers since 2009.

Realty 66

Realty Property Management Real Estate Realtors 66

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers These low loan rates are pushing buyers to risk virus exposure in search of better housing. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for buyers? What does this mean for sellers?

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers. These low loan rates are pushing buyers to risk virus exposure in search of better housing. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for buyers? What does this mean for sellers?

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Housing Wire

DECEMBER 29, 2022

Part of the issue is that mortgage rates moved up so fast that many sellers quit this year as well. Key thing to remember: A traditional seller is also usually a buyer. When mortgage rates spiked up as much as they did this year, it wasn’t financially appealing to some sellers to purchase their homes at rates of 6.25%-7.37%.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Lamacchia Realty

JULY 7, 2021

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. A resident of Hubbardston, Lisa serves central Massachusetts home buyers and sellers with dedication and a relentless work ethic.

Realty 68

Realty Agents Realtors Real Estate 68

Will Springer Realtor

AUGUST 8, 2023

The loss of a home after not meeting debt obligations became a common occurrence during the 2008-2010 housing crash. This is where having a real estate attorney read and translate all foreclosure documents becomes extremely helpful for both sellers and buyers. But hold on: All is not lost for owners!

Legal 36

Legal Law Mortgage Real Estate 36

Housing Wire

DECEMBER 7, 2023

Visit Website Overview Since 2010, New England Real Estate Academy has been offering real estate classes and it was one of the first schools to be accredited to offer online training in 2016. Students who access the online practice exam questions will also find support from a team of experts. out of 5 stars Rating: 4.5 out of 5.

Real Estate 409

Real Estate Real Estate Agent Law Brokerage 409

Housing Wire

DECEMBER 11, 2023

The firm currently serves buyers and sellers in Essex County, the Merrimack River Valley and Southern New Hampshire. The independent brokerage, which now has over 50 agents was founded in 2010 by Claude Blackman. Co-owners Robert Bentley and Alissa Christie, as well as over 60 of their agents are making the move.

Agents 410

Agents Clients Realty Advertising 410

Housing Wire

MARCH 23, 2022

The fact that the 23% home-price growth level has been smashed in just two years and inventory just collapsed to all-time lows has created the most unhealthy housing market post-2010. It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. The only risk to that 6.2

Mortgage 491

Mortgage Inventory Housing Market Construction 491

Housing Wire

AUGUST 24, 2023

However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). In July, 26% of existing homes sold to cash buyers while 7% of new homes sold to cash buyers. said Sturtevant.

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Cornerstone

OCTOBER 26, 2021

As CoreLogic’s Chief Appraiser Shawn Telford explains : “Recently, we observed buyers paying prices above listing price and higher than the market data available to appraisers can support. In layman’s terms: While buyers may want to pay extra for a home, appraisers must assess its fair market value. Get your questions answered now.

Sellers 57

Sellers Buyers Appraisal Loan Officers 57

Lamacchia Realty

MARCH 7, 2024

She began her career in 2010 with a passion for working with people and helping them achieve their real estate objectives. Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 73

Realtors Realty Real Estate Clients 73

Lamacchia Realty

JANUARY 3, 2024

Growing up in Shrewsbury and residing in Worcester with her husband and son for the past 20 years, she is able to assist her buyers and sellers in Worcester County with complete confidence. She began her career in 2010 with a passion for working with people and helping them achieve their real estate objectives.

Realtors 74

Realtors Realty Real Estate Clients 74

D Fritz Appraisals

JANUARY 8, 2022

Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. Current photos and videos let appraisers, lenders, realtors and sellers / owners get a real-time birdseye view of what exactly is happening on and around the property.

Real Estate 88

Real Estate Appraisal Inspection Real Estate Agent 88

Lamacchia Realty

DECEMBER 13, 2023

Some Massachusetts property owners are still unaware of this law that went into effect in July 2010. You can be held liable for injuries caused by snow and/or ice on your property. The law applies to all property owners, both commercial and residential, throughout the state.

Law 70

Law Real Estate Agent Legal Realty 70

Listing Spark

DECEMBER 15, 2022

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. 00:05:38] How to qualify buyers so that you have a low default rate on owner financing deals. 00:07:03] Why some buyers can’t qualify for more traditional financing.

Finance 36

Finance Investing Real Estate Lending 36