2006 Buyers Contracts Sellers 
Housing Wire
JANUARY 20, 2023
The one period where this didn’t happen was from 2006-2011, when credit forced Americans to sell, to rent or to be homeless. From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. Also, this is what the Federal Reserve wants.
Housing Wire
SEPTEMBER 28, 2021
below its 2006 peak. Additionally, there are move-up buyers with larger budgets who are relocating to more affordable areas where they’re financially able to outbid local residents. Home prices in 19 of our 20 cities now stand at all-time highs, with the sole outlier (Chicago) only 0.3%
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Appraisal Today
JULY 21, 2023
This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. In contrast, pools hardly exist in some locations, so it’s less of a factor because buyers don’t expect a pool. Listed for $42.5
Appraisal Today
DECEMBER 2, 2022
Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. I got it mostly for MLS access and have only done one sale, representing the buyer.
Appraisal Today
AUGUST 5, 2022
Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020. For more details and graphs, click here. percent from 5.74
Housing Wire
APRIL 20, 2022
Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless. We did have faxes, it wasn’t the beginning of time, but everything is almost instantaneous now.”. Brokerages Invest in Tech. Real estate agents are busier than ever. “I
McKissock
MARCH 15, 2022
Traditional buyers are replaced by new ones (investors). When traditional buyers are replaced by new buyers who are starting to invest in real estate, this is an indication of a possible bubble. Use of creative financing such as seller contracts.
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