Housing Wire

JULY 28, 2023

Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari. “The Austin buyers must earn $92,000, down 3.3% The typical U.S. to $325,000 in Phoenix.

Buyers 368

Buyers Housing Market Investors Real Estate 368

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 347

Real Estate Real Estate Agent Agents Brokerage 347

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

Housing Market 388

Housing Market Sellers Marketing New Listings 388

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Housing Market 310

Housing Market Marketing Construction Inventory 310

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 355

Real Estate Real Estate Agent Brokerage Agents 355

Appraisal Buzz

MAY 19, 2022

According to the latest Zillow Real Estate Market Report, the housing market is as competitive as ever, moving at record pace. Buyer demand has been strong enough to keep the market moving at a record pace, even after a massive spike in mortgage rates.

Housing Market 150

Housing Market Marketing Home Value Real Estate 150

Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I sold a home to a hedge fund guy in New York.

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Housing Market Marketing Real Estate Agent Agents 320

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 361

Real Estate Agent Real Estate Agents Brokerage 361

Housing Wire

NOVEMBER 18, 2022

“The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”. Both a pullback in demand and limited supply remain vexing problems for the housing market. Total housing inventory at the end of October was 1.22 million units, which was down 0.8%

Housing Market 383

Housing Market Marketing Inventory New Listings 383

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. How is Home Value Measured?

Renovations 117

Renovations Home Value Market Value Valuation 117

Housing Wire

JULY 25, 2023

One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. The rising costs and lack of availability of homeowners insurance has forced many homeowners and buyers to turn to Citizens Property Insurance Corporation , the state’s insurer of last resort.

Insurance 335

Insurance Housing Market Marketing Agents 335

Housing Wire

NOVEMBER 7, 2023

In the first half of 2022, home prices in the county were on fire, jumping up by 40% year over year in some neighborhoods as people were pushed out of pricier Austin. The market has since cooled off, but taxes are going up. single-family home was $3,901, up 3% compared to 2021, ATTOM reported. In 2022, the average tax on a U.S.

Property Taxes 539

Property Taxes Home Value Government Buyers 539

Housing Wire

JANUARY 17, 2024

This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Yet staggeringly few are aware of its existence.

Finance 415

Finance Real Estate Agent Real Estate Insurance 415

Housing Wire

OCTOBER 14, 2021

From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.

Buyers 538

Buyers Housing Market Real Estate Agent Real Estate 538

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. 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

Housing Wire

MARCH 25, 2021

However, there are two popular options lenders use with buyers. More for Real Estate Enthusiasts. How much house can you afford to buy? Buying a house that needs work? A homebuyer’s guide to a competitive housing market. Here’s how to get an instant offer on your home. Projects to avoid.

Buyers 542

Buyers Finance Home Value Real Estate 542

Robinson Appraisal Group

NOVEMBER 25, 2022

Interest rates play a crucial role in the housing market. Lower rates typically promote an increase in demand for properties, this in turn drives up pricing, while on the flip side of that, higher interest rates reduce the demand since the costs of a mortgage increase deterring prospective home buyers.

Real Estate 88

Real Estate Buyers Investors Home Value 88

Eppraisal

FEBRUARY 9, 2024

In the dynamic world of real estate, certain markets are blazing trails as magnets for millennials seeking new opportunities and lifestyles. Here are the top ten hottest housing markets that millennials are flocking to, backed by compelling statistics that underscore their appeal. Census Bureau.

Housing Market 74

Housing Market Home Value Marketing Realtors 74

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing?

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Interest rates have gone up, making many people unsure about buying or selling homes. Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. At least, not yet.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. A real estate appraisal is a process of determining the market value of a property.

Real Estate 86

Real Estate Appraisal Marketing Market Value 86

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values.

Inventory 397

Inventory Home Value Housing Market Buyers 397

Housing Wire

FEBRUARY 10, 2021

Zillow also announced it has agreed to pay $500 million to acquire ShowingTime , which makes software for prospective buyers to arrange showings with agents. The Seattle-based company , which has mostly pivoted from selling advertising to real estate agents into iBuying, acquired 1,789 homes in the fourth quarter.

Home Value 392

Home Value Advertising Real Estate Agent Real Estate 392

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. trillion compared to $2.75

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” Are they spending time with buyers that are ready, willing and able?

Sellers 379

Sellers Housing Market Inventory Buyers 379

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. If you are a buyer, you may be getting giddy about it. Here are a couple of strategies for buyers to follow in order to secure the houses they have been waiting for.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Eppraisal

OCTOBER 10, 2023

Updating the baseboards, crown molding and trim can add an extra touch of elegance to your home. Buyers often notice these intricate details that give a home its character. They see it as a sign of craftsmanship and are willing to pay more for homes with these charming touches.

Home Value 69

Home Value Renovations Buyers Realtors 69

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

Landlords 425

Landlords Home Value Construction Renovations 425

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different.

Housing Market 83

Housing Market Marketing Inventory Sellers 83

Housing Wire

MAY 9, 2022

As you can see above, other countries have experienced steep home-price growth and Canada is leading the way. housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs.

Buyers 525

Buyers Housing Market Mortgage Marketing 525

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market?

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market. Here are 7 trends to watch in the 2022 appraisal market. Here are 4 macro trends impacting the 2022 housing market. 2022 Forecast series.

Housing Market 351

Housing Market Inventory Home Value Marketing 351

Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. Here's how to prepare yourself for the ride: Align with an Agent Find a real estate agent who is local, knowledgeable and experienced.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. The market crunch affects borrowers with less money more acutely, economists said.

Supply Chain 350

Supply Chain Housing Market Buyers Construction 350

Housing Wire

OCTOBER 3, 2022

The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday.

Inventory 523

Inventory Home Value Housing Market Mortgage 523

Housing Wire

JULY 26, 2022

How auction buyer data foreshadows housing market shifts. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5% National Home Price Index is a leading measure of housing prices.

Housing Market 363

Housing Market Inventory Retail Marketing 363