Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. A new home sale occurs when a sales contract is signed or a deposit is accepted. After a near decade high in January, new home sales for single-family houses plummeted 18.2%

Construction 529

Construction Buyers Development Contracts 529

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. percent from 0.6

Appraisal 84

Appraisal Agents Real Estate Real Estate Agent 84

McKissock

AUGUST 11, 2020

Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. Such an act might appear to make everybody happy, e.g., the lender/client gets to make a loan, the real estate agent gets a commission, the buyers get the house, etc.

Appraisal 64

Appraisal Clients Real Estate Law 64

Housing Wire

FEBRUARY 23, 2021

gain “marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones. Of course, this is all fantastic news for anyone looking to sell their home in 2021. December 2020’s 10.4%

Inventory 436

Inventory Finance Contracts Construction 436

Zillow

JUNE 10, 2019

Rarely does a buyer get a place that’s move-in ready. By the time you’ve signed a contract, you have lots of ideas about how you'll live in the home, how you'll customize it and what work needs to be done. Originally published February 2013. But the story isn’t over yet. Plan renovations well in advance.

Real Estate Agent 36

Real Estate Agent Sellers Renovations Real Estate 36

Housing Wire

DECEMBER 7, 2020

In 2013/2014, when the economic data was improving, mortgage rates rose. 2) Tighten lending standards, so there are fewer buyers that qualify for the existing inventory. This, too, could have the effect of dampening demand, so fewer buyers would be chasing the existing inventory. Hard pass.

Inventory 545

Inventory Construction Government Housing Market 545

Housing Wire

MAY 18, 2022

We simply cannot finish homes in America promptly, and now that mortgage rates are over 5%, some buyers won’t be able to purchase a home. This happened in 2013-2014, and in 2018 when mortgage rates moved toward 5%. Housing in 2020 and 2021 benefited from rates between 2.5% – 3.75% , which gave buyers more purchasing power.

Mortgage 466

Mortgage Construction Contracts Housing Market 466

Appraisal Today

SEPTEMBER 30, 2022

Off and on the market since 2013. But this is a massive deal for buyers in today’s market who are trying to afford a house. Similarly, purchase activity was 29 percent lower than a year ago, with higher rates and economic uncertainty weighing on buyers’ decisions.”. The average contract interest rate for 5/1 ARMs increased to 5.30

Appraisal 52

Appraisal Inspection Easement Contracts 52

Housing Wire

AUGUST 23, 2022

We had missed sales estimates in 2013, 2014 and 2015. The housing construction cycle is over, but the builders will finish their homes under contract and hope rates will fall soon to lock up buyers. Now the trick for the builders is figuring out how much they need to discount to get buyers to buy the homes under construction.

Construction 370

Construction Housing Market Sellers Marketing 370

Birmingham Appraisal

FEBRUARY 13, 2024

Understanding these metrics enables agents to adjust pricing strategies based on inventory levels and buyer demand, optimizing the chances of selling a property quickly and at the best possible price. Knowing this statistic helps us to understand buyer behavior in the real estate market. Of course, not all pending sales are the same.

Real Estate 60

Real Estate Buyers Inventory Appraisal 60

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Maine Sales Decreased by 18.9%

Inventory 51

Inventory Sellers Buyers Contracts 51

Appraisal Today

NOVEMBER 17, 2023

Will Jazz Icon Dave Brubeck’s Former Midcentury Treehouse in NorCal Sway a Buyer for $3M? I quit commercial lender appraisals when my local bank was bought out in 2013 (competitive bidding for low fees). Several types of buyers have shown an interest in the convent. Excerpts: 4 bedrooms, 4 baths, 2,652 square feet, 0.29

Appraisal 72

Appraisal Modernization Training Business 72

Appraisal Today

DECEMBER 23, 2022

Last remodel: 2013. Not only that this will help you boost the value of your home but it will also help you attract buyers and sell it quicker. #5 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 6.34 Lot: 25 acres. Home type: Single family.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Lamacchia Realty

APRIL 6, 2022

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Buyers, sellers, investors, and builders are her business and she values every single client and loves getting people where they want to be.

Realtors 69

Realtors Realty Real Estate Agents 69

Appraisal Today

OCTOBER 14, 2022

Excerpts: Completed in 2013, the 50,738-square-foot compound has six bedrooms, 8.5 Meanwhile, 15% of buyers and sellers said climate change caused them to search in a different part of their area. I have never heard about any sellers that were offering lower prices or buyers who were worried about flood risk. 156-acre site.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”. There is so much at play – and at stake.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

APRIL 11, 2022

Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. What does it mean to buyers? For buyers, they can only hope. Buyers might have the extra cash to afford higher-priced homes – for now.

Construction 36

Construction Development Inventory Buyers 36