Eppraisal

MAY 12, 2021

According to the National Association of Realtors (NAR) existing home sales are -3.7% Buyers are placing their best offers to get sellers to choose them. Escalation Clause Advantage An escalation clause is an addendum to a real estate contract that some buyers are using in this sizzling seller's market. month-over-month.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Lamacchia Realty

JULY 26, 2023

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. This sure explains why every Realtor feels like business is so slow and why 2023 kicked off with very tight inventory.

Sellers 57

Sellers Inventory Buyers Contracts 57

Lamacchia Realty

DECEMBER 28, 2021

In fact, our REALTORS had multiple properties that had over 30 offers! From offering dramatically over asking price, putting down massive deposits, waiving home inspection contingencies or not doing home inspections at all, waiving mortgage contingencies, agreeing to close whenever sellers want, and more. But not in 2021.

Sellers 74

Sellers Inventory Buyers Realtors 74

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. An example of this in real estate appraisal is the purchase and sale contract. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.24

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Lamacchia Realty

APRIL 15, 2022

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. As Anthony said back when the pandemic started in our This is Not 2008 blog , you can’t have a housing crash where prices plummet if the inventory of homes for sale is going down.

Marketing 66

Marketing Sellers Buyers Inventory 66

Houston Properties

JANUARY 12, 2022

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). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Table of Contents. I’m A Buyer.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Listing Spark

OCTOBER 13, 2022

What should buyers and sellers be doing right now? How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? How to vet real estate agents as a seller.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. Days on market climbed, sellers’ became restless and our month’s supply of inventory finally started to grow. The only problem, nobody wanted a 7.5% in 2022 to 3.4

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs. The number of Pendings (1206) has fallen for five consecutive months and is the lowest of any month since December 2008 (1167). news publishers.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Lamacchia Realty

FEBRUARY 22, 2022

It was also a clear rebuke of the theory that the Covid pandemic would cause a similar crash to 2008. Prices very clearly skyrocketed in 2021 when compared to previous years, again because demand was so high and supply was so low, sellers could almost name their price. Pending Home Sales (contracts accepted). Prices Up by 13.1%

Inventory 51

Inventory Sellers Buyers Real Estate 51

Houston Properties

JANUARY 13, 2021

In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. Avoid 9 Costly Mistakes Sellers Make. Top Ranked Realtors: Paige Martin & The Houston Properties Team. Properties are still going under contract. 2020 ended favoring sellers.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

DECEMBER 2, 2022

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. I don’t know if Realtors can be re-trained to see value rather than price.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Town & Country Residential Appraisals

JANUARY 24, 2020

The financial collapse of 2008 was a prime example of what happens when various parts of the real estate machine stop functioning objectively and begin to “make deals work.” If you ever experience this from an agent, feel free to call the Pennsylvania Association of Realtors and report an ethics violation by clicking here.

Appraisal 36

Appraisal Market Value Contracts Clients 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. homes this year, below expectations and a figure not seen since 2008 in the heart of the housing crash. At least that’s what some economists have expressed.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. ” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR).

HOA 36

HOA Transportation Construction Buyers 36

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. In his estimate: “Homebuilding’s going to contract.”. or lower – as low as 2.77%, according to Freddie Mac. and ease to 4.9%

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

MAY 9, 2022

You would be hard-pressed to find economists proclaiming that today’s housing environment in the PNW is nearing anything close to the 2008-type bust. the highest percentage since Q3 of 2008. What may be truly impressive are the sellers, now empty-nesters after raising eight children in this home!) Our region is a golden unicorn.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

They have declined for two consecutive months, according to the National Association of Realtors®. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. But, in speaking to a political-affairs lobbyist for Washington Realtors®, the bill became “watered down.”

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home.

Design 36

Design Construction Development Property Taxes 36