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How to price homes properly in a volatile housing market

Housing Wire

“As a seller if something is sitting out there a couple weeks and it’s not selling, the price is too high,” said Kearney, who has been investing through multiple real estate cycles and believes housing will not be rebounding substantially in the near term. The $500,000 house is now $450,000. It’s an interest rate calculation,” he said.

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What AVMs can and can’t do in the appraisal process

Housing Wire

AVMs do not consider such things nor can they provide an estimated value to adjust any sales prices. AVMs don’t account for housing trends. Appraisals outline the housing trends for particular markets. Perhaps AVMs could link to Housing Index data, but even then, I’m not sure if it is currently being done.

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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. While house flips represented just 5.7%

Tools 36
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How to Price Your Home for the Current Market

Eppraisal

Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com. Search real estate listing sites to find suitable candidates.

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

During that moment of buying an investment property, it’s crucial to have all your investment property calculations done before you even submit an offer. Many investors stop at calculating buyer closing costs, renovations, and holding costs. Why Calculate Seller Closing Costs For Every Property Investment?

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What’s the Cost of Living in Raleigh, North Carolina?

Raleigh Realty

Table of Contents: Cost of Living in Raleigh Income Housing costs Utilities Food Healthcare Transportation Taxes FAQ Cost of Living in Raleigh The cost of living in Raleigh is less than the national average. On the flip side, the median household income in Raleigh is 13.5 more than the national median. million in Glenwood.

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That Zestimate is NOT Accurate

Lamacchia Realty

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. Meaning in some areas where there is an abundance of recent information on surrounding houses, the Zestimate is likely to be more accurate than in areas with little recent information. What exactly is a Zestimate?