Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

Home Value 70

Home Value Architecture Renovations Real Estate 70

Housing Wire

APRIL 11, 2022

Mortgage origination activity rose last month despite rapidly rising mortgage rates as prospective buyers sought to lock in their loans. Overall origination activity jumped 19% in March from the previous month, led by a 31% increase in purchase loan locks, according to the monthly Originations Market Monitor report from Black Knight.

Buyers 367

Buyers Mortgage Home Value Sellers 367

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market.

Housing Market 376

Housing Market Inventory Buyers New Listings 376

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.

Home Value 66

Home Value Buyers Realtors Realty 66

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6% Pueblo, Colo. ,

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.

Sellers 78

Sellers Buyers Home Value Marketing 78

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. economy has remained resilient, backed by a very strong labor market, sky-high job openings and low unemployment. in September 2022. The overall U.S.

Housing Market 410

Housing Market Marketing Inventory Sellers 410

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. The housing market won’t be like this forever.

Housing Market 513

Housing Market Marketing Supply Chain Mortgage 513

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 313

Housing Market Marketing Construction Inventory 313

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. The National Association of Home Builders reports that 27% of builders report using temporary rate buydowns as a home-purchase incentive.

Marketing 404

Marketing Government Mortgage Sellers 404

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We You need a buyer and seller,” Brown said.

Housing Market 410

Housing Market Marketing Insurance Mortgage 410

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.

Finance 418

Finance Real Estate Agent Real Estate Insurance 418

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. In fact, 86% of homes that are sold in the US are listed on the MLS.

Realtors 383

Realtors Contracts Real Estate Agents 383

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Realtor

SEPTEMBER 19, 2023

Lenders often require the use of their own, FHA-approved home appraiser. That means you get zero say in who’s determining the financial value of the home you’ve lived in, loved, and sunk your savings into. “There’s an epidemic of puffery,” Wiener says. After all, who will notice?

Appraisal 194

Appraisal Sellers Real Estate Agent Appraisal Process 194

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. As a buyer in a transitioning market, you have more to prepare for. Premium Prices The housing market continues to display high, premium home prices.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Housing Wire

NOVEMBER 15, 2023

Asked if they felt their compensation should change depending on the market and economy, 61.5% Here’s a sample of some responses: “What’s being proposed will eliminate upside in good years and devastate in tough years in the market,” one respondent said. Many respondents said they are using buyer-broker agreements.

Realtors 367

Realtors Agents Real Estate Real Estate Agent 367

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 Of course, the answer is about why this is not the same market — in any way — to post 2008.

Sellers 380

Sellers Housing Market Inventory Buyers 380

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 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 338

Insurance Housing Market Marketing Agents 338

National Association of Realtors

AUGUST 1, 2023

The answer to who can set market value involves buyers, sellers—and the very definition of “value.”

Home Value 69

Home Value Market Value Appraisal Sellers 69

Cornerstone

OCTOBER 26, 2021

This is precisely what we’re seeing in today’s real estate market. Home values are climbing at nearly historic levels. As a result, hurdles related to home appraisals have also started to arise. In the past few months, it’s become commonplace for an appraisal to come back under a home’s contract price.

Sellers 57

Sellers Buyers Appraisal Loan Officers 57

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. The 10-year Treasury yield hit a low of 4.007% following the Fed’s press conference, declining from 4.202% at market open on Wednesday.

Inventory 457

Inventory Housing Market Mortgage Law 457

Eppraisal

MARCH 7, 2023

In the market for buying, selling or renting a home? A 6% commission has been the industry standard for years, however, recently with rising prices, that number will often go  much lower, especially in high price markets such as California and New York. Some companies charge a flat fee.

Sellers 36

Sellers Buyers Real Estate Agent Brokerage 36

Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Buyers lost out on homes because of other buyers and investors paying cash.

Sellers 36

Sellers Buyers Home Value Insurance 36

Empire Appraisal Group

JANUARY 25, 2024

Market Update – Broward vs Palm Beach Sellers win in Palm Beach County with a median price of $600,000. Buyers are winning in Broward as its more affordable at $585,000. Inventory is up in both counties which is what the market needs desperately. What will the market look like in 2024?

Marketing 78

Marketing Valuation Inventory Buyers 78

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Housing Wire

AUGUST 24, 2022

Top wholesale lender United Wholesale Mortgage (UWM) is the latest originator to join the resurgent home-equity lines of credit (HELOC) market. UWM’s products announced Wednesday are available on primary and second home loans, with loans up to $350,000, according to the company’s website.

Home Value 362

Home Value Investing Insurance Mortgage 362

Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. 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. Our forecast is for home values to rise 16% from December 2021 to December 2022.

Housing Market 353

Housing Market Inventory Home Value Marketing 353

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Job functions most likely to be impacted include sales, marketing and software engineering. Given that sales and marketing are key areas for real estate agents, generative AI will increase the probability of agents winning listings.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

FEBRUARY 25, 2021

The “Zestimate,” Zillow’s catchy ( and soapy ) name for estimated home values, will sometimes be used as the initial offer Zillow plans to pay to purchase a home, the company said on Thursday. Zillow’s own estimated home value is to guide the company on a “limited subset of homes” in 20 markets.

Real Estate Agent 350

Real Estate Agent Home Value Real Estate Loan Officers 350

Housing Wire

FEBRUARY 6, 2023

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front. Prior to the pandemic, buyers paid closer to 0.5

Inventory 380

Inventory Mortgage New Listings Home Value 380

Housing Wire

MAY 2, 2021

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

Valuation 351

Valuation Home Value Lending Technology 351

Eppraisal

AUGUST 26, 2022

The real estate market is starting to show signs of balancing. This means that the sizzling hot seller's market will be softening up a bit. It won't turn into a buyer's market right away. In fact, home values are still rising. Homes were selling without a lot of preparation.

Sellers 36

Sellers Real Estate Marketing Real Estate Agent 36

Eppraisal

SEPTEMBER 20, 2021

Those preparing to reap that return have reason to be glad these days -- home values averaged $676,000 nationwide in June of 2021. Yet that is a snapshot of a market often buffeted by economic, cultural and, in the age of COVID-19 -- biomedical changes. How Many Are Seeking Homes? What about the job market?

Home Value 36

Home Value Sellers Investing Finance 36

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

Housing Wire

FEBRUARY 14, 2024

You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Luxury Properties 370