Housing Wire

AUGUST 1, 2023

The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract. Maybe by Q4, we’ll have more homes in contract than there were at the end of 2022. When you look at just the new sales each week, you can see how the pace of the market has recovered. In 2022 there were 418,000.

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Appraisal Today

AUGUST 5, 2022

The housing market is cooling-off. Two percent of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.”. As housing demand wanes due to rising mortgage rates and high home prices, the housing market has likely started to balance out.

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

MAY 26, 2023

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. percent from 6.57

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Easement Contracts Appraisal Inspection 52

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. Our market cooled faster than any other in the nation, according to one report.

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Housing Market Marketing Buyers Real Estate 36

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever.

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Marketing Sellers Buyers Inventory 64

Will Springer Realtor

MAY 9, 2023

The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Falling new inventory is constraining transaction volumes while also supporting higher home prices. between May 2007 and January 2012.

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New Listings Inventory Buyers Sellers 59

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. Marketing Strategies.

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Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

OCTOBER 10, 2023

We are starting to see all of those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). Unfortunately for buyers, a combination of the typical seasonal trend and higher borrowing costs has slowed housing market activity to an excruciatingly slow pace – and there are concerning signs ahead.

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Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. We are not alone in witnessing a welcome rise in available homes on the market. This is nothing new.

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Housing Market Buyers Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.

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Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Kitchen and bath professionals are reporting 3.9-month

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 9, 2022

The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market. This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.”

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Architecture Design Buyers Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

That’s the most since 2007. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” See the August housing report further below, if you dare!). SEPTEMBER HOUSING UPDATE. IOU IN THE FORM OF AN RSU. but “When.”.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Fast forward to today and markets here and across our nation are going through serious inflationary pressures. Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million for sale today. in April).

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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