Remove 2017 Remove Contracts Remove Inspection Remove Inventory
article thumbnail

In-Person Home Appraisals Won’t Be Required for Some Loans: Should You Get One Anyway?

Realtor

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

article thumbnail

In-Person Home Appraisals Won’t Be Required for Some Loans: Should You Get One Anyway?

Realtor

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Properties are still going under contract. The market will see an influx of price drops and hikes due to low inventory and high demand.

article thumbnail

Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

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). Sale #2: 2017. Overall, right now properties are still actively going under contract. and it happens all the time. Zip Code: 77082.

article thumbnail

6 Reasons Why Now Is a Great Time to Sell Your Houston Home

Houston Properties

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. The combination of low inventory and high demand is great for sellers. We’re also seeing the re-emergence of backup contracts, bidding wars, and homes closing materially over the asking price. Houston has 3.7

article thumbnail

IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

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. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise. in April).