article thumbnail

U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000. Consequently, prices of new homes should follow a similar downward path, although the trajectory is the question.

article thumbnail

How to get a real estate license in Texas

Housing Wire

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Hampshire 2023 Year in Review

Lamacchia Realty

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Average prices for closed sales increased by 7.2%

article thumbnail

Massachusetts 2023 Year in Review

Lamacchia Realty

This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022 and discusses what is predicted to unfold in 2024. Lowest number of homes listed in recorded history, decreased by 18.7% Average prices for closed sales increased by 3.4%

article thumbnail

Rhode Island 2023 Year in Review

Lamacchia Realty

This report, the first one we are publishing for Rhode Island, examines sales, average prices, the number of active listings, and listings under contract for 2023 compared to 2022. Lowest number of homes listed in recorded history, down 19.5% The number of homes placed under contract decreased by 19.3%

article thumbnail

2023 Maine Year in Review

Lamacchia Realty

This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Average prices for closed sales increased by 10% Lowest number of homes listed in over two decades, decreased by 12% The number of homes placed under contract (pending) decreased by 16.4%

article thumbnail

Appraiser Salaries

Appraisal Today

To read more and lots of interesting photos click here == RPR® Backs Up MLSs During Vendor Outage (From NAR) August 17, 2023 Excerpts: In markets affected by the cyberattack on MLS vendor Rapattoni, NAR members have another way to access listing data: RPR®. But the MLS is also finding new benefits in its partnership with RPR®.