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Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

Housing Wire

of homes that went under contract that month, according to a new report from Redfin. Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

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The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. Things can work so much faster now than they did then and of course that has made us more productive as agents,” Florida-based Berkshire Hathaway HomeServices EWM Realty agent Ashley Cusack, who has been in real estate for nearly 30 years said.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent.

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Some mortgage companies expanding despite challenges

Housing Wire

increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001.

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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

One easy way is networking at meetings, such as the Chamber of Commerce, local bar associations, real estate agent meetings, appraiser meetings, etc. acre lot The sellers are said to have loved Italy so much they wanted to re-create a taste of the place in their own backyard. Networking at meetings. bath, 9,771 sqft, 0.55

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ChatGPT for Appraisers

Appraisal Today

Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. Dear Sellers, the housing market misses you It’s tough to value properties today! As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. garage as well.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Get PDF Now.