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Dave Stevens on understanding this housing market

Housing Wire

In fact, while in won’t match 2020 or 2021, purchase mortgage dollar volume should be better than any year from 2002–2020. The media and hyperbole are scaring potential homebuyers to the sidelines, but betting on home values is one of the greatest bets someone can make. Potential homebuyers want to buy.

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Practical Tips for Working With AMCs

Appraisal Today

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. value to property.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Who said this is a sellers’ market? The National Association of Home Builders’ (NAHB) monthly sentiment index rose three points in November, to 83 on a scale of 1-100. The post SELLERS’ MARKET?

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How to Reduce Appraisal Revision Requests

Appraisal Today

How Grocery Store Locations Impact Home Values. Excerpts: While homes near a Trader Joe’s realized an average 5-year home price appreciation of 49 percent, and homes near a Whole Foods saw an average appreciation of 45 percent, ALDI had a slight advantage at 58 percent. By Attom Nov 22, 2022.

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November Housing Update

Will Springer Realtor

The stats are an unwelcome paradox for buyers and sellers alike. Active listings for single-family homes are up 159% in King YoY, up 86% in Seattle and 425% on the Eastside. The 30-year, fixed-rate mortgage recently broke the 7% level for the first time since April 2002, leading to greater stagnation in the housing market.