Housing Wire

SEPTEMBER 23, 2021

Homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase, according to a new report by CoreLogic released Wednesday. This marks an average gain of $51,500(!) per borrower since the second quarter of 2020. The amount of equity for a property is determined by comparting the estimated current value of the property against the mortgage debt outstanding (MDO).

Home Value 545

Home Value Mortgage Investing Marketing 545

Sacramento Appraisal Blog

SEPTEMBER 29, 2021

Goodbye single family zoning. If you didn’t know, two weeks ago SB9 was signed into law in California, which now allows property owners to build a duplex on any residential lot or subdivide to build up to four units. This is massive news, so let’s talk about it. I’d love to hear your take in […].

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Law Appraisal Marketing 465

Appraisal Buzz

SEPTEMBER 21, 2021

This content is password protected. To view it please enter your password below: Password: The post Protected: Capital One is hiring a Sr. Manager-level Commercial Real Estate Reviewer! appeared first on Appraisal Buzz.

Real Estate 396

Real Estate Appraisal 396

The Appraiser Coach

SEPTEMBER 28, 2021

All three states that I’m licensed in, Idaho, Utah and Wyoming, are non-disclosure states. I’ve never worked in a disclosure state and so I’m always a bit surprised when I’m. Read More.

Advertising 396

Advertising Real Estate Agent Government Business 396

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. (MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom

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Agents Appraisal Renovations Development 374

Eyes on Housing

SEPTEMBER 15, 2021

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.

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Mortgage 218

Sacramento Appraisal Blog

SEPTEMBER 14, 2021

We’re seeing more price reductions lately. Does this mean the market is starting to collapse? Are things beginning to turn? Is this 2008 all over again? I’ve been getting great questions like this lately, so let’s talk shop. Teaching my favorite class: On September 28th from 9am-12pm I’m teaching my favorite class at SAR called […].

Marketing 420

Marketing Housing Market Real Estate Appraisal 420

Appraisal Buzz

SEPTEMBER 21, 2021

For the second month in a row, the economists at Fannie Mae revised expectations for near-term real GDP growth downward—and outward—due to persistent supply chain disruptions and labor market tightness, according to the September 2021 commentary from the GSE’s Economic and Strategic Research (ESR) Group. Those factors, they say, will affect the housing market as the … The post Supply Constraints Could Hinder Home Sales appeared first on theMReport.com.

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Supply Chain Housing Market Appraisal Marketing 376

Realtor

SEPTEMBER 29, 2021

It's a seller's market, but not everything you hear about buying a home today is true. We asked real estate agents to weigh in on some homebuying myths. The post 6 Things People Say About Buying a Home Today That Actually Aren’t True appeared first on Real Estate News & Insights | realtor.com®.

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Real Estate Agent Real Estate Sellers Agents 212

Urban

SEPTEMBER 1, 2021

How can changes in local and federal policy improve housing stability, housing affordability, and wealth building opportunities for Black, Indigenous, and Latinx communities?

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Eyes on Housing

SEPTEMBER 14, 2021

In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.

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Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. 5. Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021.

Housing Market 538

Housing Market Marketing Inventory Brokerage 538

Sacramento Appraisal Blog

SEPTEMBER 10, 2021

Normal? That’s not a word we’ve used much to describe the housing market lately, but we are finally starting to see some normalcy. Many parts of the country are showing what looks to be normal seasonal slowing and that is a sight for sore eyes. Anyway, let’s talk about this and then I have lots […].

Housing Market 404

Housing Market Marketing Buyers Real Estate 404

Appraisal Buzz

SEPTEMBER 28, 2021

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. In other words, time is money. Last month we asked appraisers, “What’s one thing you wish you could STOP doing to save time in your workday?

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Appraisal Property Appraisal 370

GoForrmz

SEPTEMBER 1, 2021

Digitally transform how you research, rent, buy, sell, and manage properties PropTech (Property Technology) is the newest real estate industry buzzword, highlighting real estate’s growing focus on modernizing and improving the industry through technology and the digital landscape. Companies like Zillow, Compass, Airbnb, and others, have helped pave the way for real estate’s digital transformation – proving that digital platforms can provide significant value for real estate teams.

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Tenants Real Estate Modernization Real Estate Agent 167

The Robert Weiler Company

SEPTEMBER 23, 2021

When it comes to commercial real estate – both across the US and here in Columbus, Ohio – the diversity of enterprises and sheer size of the industry can be staggering. In fact, according to the US Energy Information Administration, there are an estimated 5.9 million commercial buildings in the US for a total of 97 billion square feet. By comparison, an Olympic-sized pool contains 13,455 square feet.

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Retail Real Estate Business Training 158

Eyes on Housing

SEPTEMBER 9, 2021

According to the most recent release of the Bureau of Labor Statistics Producer Price Index (PPI), the prices of goods used as inputs to residential construction including and excluding energy have risen 19.0% and 12.0%, respectively, year-to-date (YTD). In contrast, the index for final demand goods has climbed 7.2% and that for final demand goods less food and energy is.

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Construction 193

Housing Wire

SEPTEMBER 29, 2021

Today’s pending home sales came in at a big beat of estimates, running at 8.1% for this report. More importantly, this data line looks just right. One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well. Last year we had an abnormal burst of housing demand that was just make-up demand from the COVID-19 pause in the second half of 2020.

Development 527

Development Housing Market Real Estate Marketing 527

Sacramento Appraisal Blog

SEPTEMBER 21, 2021

Are buyers finally gaining more power? Yes. The truth is the market is still ultra-competitive, but there is a slightly better chance buyers can get into contract these days and maybe not pay as much above the asking price (maybe). Teaching my favorite class: On September 28th from 9am-12pm I’m teaching my favorite class at SAR […].

Buyers 401

Buyers Housing Market Marketing Contracts 401

Appraisal Buzz

SEPTEMBER 28, 2021

House prices rose nationwide in July, up 1.4% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI). House prices rose 19.2% from July 2020 to July 2021. The previously reported 1.6% price change for June 2021 was revised upward to 1.7%. For the nine census divisions, seasonally adjusted monthly house price changes from June 2021 to July 2021 ranged from +0.8% in the West North Central.

Finance 370

Finance Appraisal 370

GoForrmz

SEPTEMBER 28, 2021

Complete digital Daily Construction Reports from the field and instantly upload forms and data to Procore The GoFormz and Procore integration enables construction teams to streamline and accelerate the completion of daily tasks and documentation. Leveraging digital Daily Construction Reports, contractors in the field can easily select a project name and instantly populate corresponding details, like the job site address.

Construction 158

Construction Tools 158

DW Slater Company

SEPTEMBER 29, 2021

Few Signs of Cooling. Fall is always an interesting time here in North Texas. Although we do not experience some of the beautiful fall colors or temperatures as other states, the weather does begin to change, leaves do begin to change their color and fall. There is typically only about 1-2 weeks of pretty fall color so I always try to notice it before a big gust of wind comes through and blows all of the leaves to the ground.

Real Estate 157

Real Estate Appraisal Renovations Home Value 157

Eyes on Housing

SEPTEMBER 13, 2021

The number of women employed in the construction industry grew slightly in 2020, rising to around 1.17 million, while the construction industry lost 587,000 jobs in 2020 when the pandemic hit the economy. Currently, women make up a growing share of the construction employment, up to 10.9% in 2020 from 10.3% in 2019. As the construction skilled labor shortage remains.

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Construction 183

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. The report analyzes MLS data from 51 U.S. metropolitan areas and includes all residential properties.

Housing Market 500

Housing Market Marketing Inventory Buyers 500

Urban

SEPTEMBER 22, 2021

Where are people protected by source-of-income discrimination laws?

Law 149

Law 149

Appraisal Buzz

SEPTEMBER 27, 2021

You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” This response reminds me of the fitness culture several years ago, when it felt as though everyone I met would first tell me that they did CrossFit, sometimes before even stating their name. Despite the way such statements are often delivered, it’s important to admit that these people are on to something.

Real Estate Agent 370

Real Estate Agent Real Estate Valuation Appraisal 370

GoForrmz

SEPTEMBER 16, 2021

Easily create and share digital forms with new hires and current employees Human resources departments often manage a company’s employees, new hire onboarding , recruiting, training, and all other related documentation. The tasks performed within this department range from arranging company benefits to hiring and onboarding employees - all requiring signed documents and creating paper pile-ups.

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Human Resources Training Legal Development 158

BiggerPockets

SEPTEMBER 14, 2021

On the face of it, managing a property may seem like a breeze. But don’t be fooled. Investors need to consider all the factors before deciding what to do vis-a-vis property management vs. self-management.

Property Management 85

Property Management Investors Landlords 85

Eyes on Housing

SEPTEMBER 28, 2021

Consumer confidence fell for a third consecutive month in September, as concerns about the Delta variant and higher prices continued to dampen optimism. Spending intentions for homes, cars, and major appliances all retreated. However, consumer confidence was still at a high level and the consumer price index has shown signs of easing inflation. The Consumer Confidence Index, reported by the.

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Housing Wire

SEPTEMBER 30, 2021

The average 30-year-fixed mortgage rate rose 13 basis points to 3.01% for the week ending Sept. 30, according to Freddie Mac’s latest PMMS survey. Mortgage rates had been roughly flat for seven weeks, and this is the first time it rose above 3% since June. Sam Khater, Freddie Mac’s chief economist, said in a statement that rates rose across all loan types, in conjunction with the 10-year U.S.

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Mortgage Buyers Marketing 491

Mashvisor

SEPTEMBER 14, 2021

One aspect of income property management that doesn’t get enough attention is profitability maintenance. Investors spend a lot of time seeking, evaluating, and then buying and renting investment properties.

Property Management 83

Property Management Investors Investing 83

Appraisal Buzz

SEPTEMBER 28, 2021

Aspen Grove discusses the recovery of advances for property inspection and preservation expenses continuing to challenge mortgage servicers (Sponsored Content). The post Do You Know Where Your Advances Are? appeared first on DSNews. The post Do You Know Where Your Advances Are? appeared first on Appraisal Buzz.

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Inspection Appraisal Mortgage 370

GoForrmz

SEPTEMBER 21, 2021

Streamline your construction workflow by integrating your GoFormz digital forms with Acumatica Improving your construction operation’s efficiency, communication, and professionalism begins with digitizing critical documents and workflows. Job site documentation is a common obstacle to productivity for construction operations – forms take ages to complete, require manual delivery and processing, and are often riddled with errors.

Construction 158

Construction Clients Business 158

BiggerPockets

SEPTEMBER 8, 2021

Hard money loans may not be difficult to get, but they can be expensive. Despite the cost, they’re an essential tool for investors. Knowing when to use hard money and how to get it is critical.

Investors 83

Investors Tools Finance Mortgage 83