D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 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.

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Housing Wire

DECEMBER 1, 2022

“Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”.

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Housing Wire

JULY 25, 2022

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At

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Housing Wire

JUNE 1, 2023

I don’t think retail is great for anybody right now with rates high and home values high, but it’s a good time to be investing in retail,” Michael Dubeck, CEO and president of Planet Financial Group , parent of Planet Home Lending, said in an interview. We’re taking a long-run view that it’s going to pay off.

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Housing Wire

JANUARY 3, 2024

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. million bond to purchase property to construct affordable housing for teachers and staff.

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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. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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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.

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Housing Wire

JULY 7, 2023

The fix-and-flip market has seen a boom in recent years, with more than 407,000 homes flipped in 2022, a 14% increase from 2021 and a 58% increase from 2020, according to a recent report by real estate data firm ATTOM. ATTOM reports that one in 12 home sales last year — 8.4% — involved fix-and-flip investors.

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Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. The National Association of Home Builders (NAHB) also recognizes the potential of the build-for-rent (BFR) sector. In addition, JP Morgan Chase & Co.

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Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

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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.

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Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

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Housing Market Marketing Real Estate Agent Agents 319

Appraisal Buzz

JULY 5, 2021

Specifically, construction labor is in short supply. Even in 2019, 80% of construction contractors had trouble filling hourly craft positions, which indicates the fact that COVID only amplified an already worsening problem. One unfortunate hallmark of the post-COVID world is the worker shortage going on right now.

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Housing Wire

NOVEMBER 23, 2021

This initiative has won backing from 72 bipartisan sponsors in the House and Senate, the White House and stakeholders ranging from civil rights groups and nonprofits to financial institutions and real estate trade associations. It is targeted to census tracts with lower home prices and income levels.

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Housing Wire

OCTOBER 14, 2021

Over the same time period, home values grew 31.2%. In the past two years, prices have grown an additional 22%, which should come as no surprise, as more than half of homes sold this past July went for above list price and there appears to be no end in sight, as Goldman Sachs predicts that home prices will rise another 16% in 2022.

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Buyers Housing Market Real Estate Agent Real Estate 538

Eppraisal

DECEMBER 14, 2021

The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.

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Real Estate Marketing Supply Chain Inventory 67

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Law Real Estate Property Taxes Marketing 412

Housing Wire

APRIL 12, 2024

The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. With home values across the U.S. rising dramatically in the past few years, some owners cannot afford the proportional increase in tax bills.

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Listing Spark

MARCH 9, 2023

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential.

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Real Estate Marketing Inventory Sellers 36

Housing Wire

MARCH 29, 2023

Existing-home sales , pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” The number of pending homes in the Northeast rose 6.5% Pending home sales rose 0.4% in the Midwest from January, which was a 16.5% decline from a year ago.

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Contracts Realtors Home Value Housing Market 279

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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Quicken Loans

APRIL 7, 2021

Spring is here, and with it comes home buying season. If you’re in real estate, it’s about to get really interesting. Sales for both new and existing homes have been on an absolute tear. There’s a real shortage of the necessary materials for constructing and renovating homes at this point.

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Chicagoland Appraisal Blog

MAY 13, 2021

A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. This is helpful whether you intend to stay in your home or wish to sell it. The Value of a Home Appraisal.

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Housing Wire

MARCH 23, 2022

“Compounding the challenges that buyers are facing in this historically competitive market is the fact that monthly mortgage payments are rising at their fastest pace in decades, as home values and mortgage rates have each experienced sharp increases to begin the year,” Handy said in a statement. after a 10.4% drop in January.

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Appraisal Buzz

AUGUST 29, 2022

Experts consider a price unaffordable if the owner or occupant spent 30% or more of their monthly income on the home, with one in seven households spending over half of their income. Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. This was due to an all-time housing shortage. Appraisals.

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Housing Wire

JUNE 29, 2021

But what effect does climate change have on real estate—or, specifically, on a home’s property value? The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. This is nearly 150% more than the average of 16.2 A Closer Look: Otay Ranch.

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Home Value Development Valuation Insurance 216

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Simply put: not all homes are created equal.

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Real Estate Marketing Real Estate Agent Realtors 36

Housing Wire

SEPTEMBER 22, 2021

Reacting to NAR’s report, Mike Fratantoni, chief economist at the Mortgage Bankers Association , said that new inventory is expected to come online, with more than 700,000 homes under construction. home builders started more than 1.6 million homes in August, up 3.9% home builders started more than 1.6

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Inventory Buyers Realtors Home Value 366

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 Finally, the last closely watched trend in the housing market is construction activity.

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Sellers Housing Market Inventory Buyers 379

Housing Wire

DECEMBER 8, 2022

Still, home values in these areas generally will remain well above pre-pandemic levels, Moody’s analysts said. The extent of recent booms, current construction levels, and changes in migration patterns (e.g., as remote work and environmental issues evolve) will drive local prices,” the analysts wrote.

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Mortgage Home Value Construction Investors 350

Eppraisal

MAY 14, 2024

When building a home, homeowners should consider the project's sustainability. Aside from affecting the overall home value, a building’s eco-friendliness can impact your comfort as time passes. Environmental considerations are also associated with energy savings and home comfort.

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Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Real Estate Agent Contracts 76

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . We estimate that the national median rent fell by 0.8

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Marketing Investing Investors Landlords 396

Hank Miller Team

DECEMBER 7, 2021

Price per square foot is unreliable to value homes. It is without question one of the most quoted "sources" when home values are discussed but it is so flawed that on any level, it cannot stand even the softest of challenges. The typical real estate agent doesn't even understand how to measure a home.

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Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. With financing so cheap, prospective home buyers were less inhibited by higher home values as reflected by sales prices.

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Eppraisal

JANUARY 3, 2023

City, Suburban or Rural Living Many real estate agents say, "Location, location, location is the most important aspect of a home." " You must first decide where you want your home to be. The age of the home you buy matters. It is important to do your own research and not to ask your real estate agent.

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