Quicken Loans

DECEMBER 16, 2021

So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. In combination with low housing inventory and labor shortages, that drove up selling prices. With a larger portion of the population working from their home, prospective buyers could move toward more suburban areas.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 61

Housing Market Bracketing Marketing Sellers 61

Birmingham Appraisal

JUNE 28, 2022

From 2019 to 2021 the percent of Active Listings in Jefferson County with price drops had decreased, however, in mid-April of this year, the trend has continued to rise and has surpassed the past 4 years to 4.4%, compared to the low last year of 2.5%. The recent increase in interest rates has affected potential buyers. Conclusion.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Cornerstone

OCTOBER 5, 2021

Average days on the market reflect current levels of buyer demand. If homes are flying off the shelves, so to speak, buyers need to be prepared to act and put in an offer quickly to beat out their competition. Buyers will likely compete for your home. This is excellent news if you’re a seller. Now’s a prime time for a move-up.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. After writing the America is Back recovery model on HousingWire, I wrote an article on my blog about what it would take to crash home prices on April 10, 2020. Inventory velocity. Can this last? No, it can’t.

Housing Market 392

Housing Market Marketing Inventory Lending 392

Lamacchia Realty

MAY 6, 2021

This site gets over 3,000 views a day on average so having it be a clean and straightforward resource for buyers and sellers is of the utmost importance. Ensuring buyers, sellers, and agents alike feel serviced by this clean and slimmed-down site is no small feat. However, the ease of access to relevant content has never been better.

Realty 61

Realty Brokerage Sellers Renovations 61

Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. There aren’t enough houses to meet buyer demand. The average house is staying on the market for only around 18 days — and is receiving multiple offers from motivated buyers.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Housing Wire

NOVEMBER 22, 2021

As I wrote in my blog in 2020: “The rule of thumb I am using for 2021 is that existing home sales if they’re doing good, should be trending between 5,840,000-6,200,000. Not bad considering the low inventory and all that unhealthy home price growth we have seen since the start of 2020. million in 2020. million or higher.

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Inventory Housing Market Buyers Investors 514

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. The skills required to help home buyers and sellers successfully buy and sell real estate have nothing to do with networking all day.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Hood Homes Blog

SEPTEMBER 23, 2019

Updated 9/23/2019; Originally published 10/6/17. They also generally build homes whether they have buyers yet or not, meaning they may have some completed construction vacant, for sale, and ready to move in. These are probably the only option for cost-conscious buyers. The Three Types. Move-In Ready! Model Homes.

Construction 61

Construction Buyers Business Agents 61

Movoto

APRIL 24, 2024

It’s a place that has seen large influxes of new residents over the last several years – it was the #1 most moved-to state in 2019 and took second place in 2023. New construction projects are also increasing inventory, particularly in desirable areas. As with most population surges, there are usually several factors in play.

Architecture 36

Architecture Retail Business Insurance 36

Cleveland Appraisal Blog

JANUARY 5, 2023

While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. Some of this is seasonal, but a good portion of the declines recently is due to buyers not being able to afford as much as they once were due to the rate hikes.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Appraisal Today

JUNE 14, 2024

million to more than $6 million, but that hasn’t put off buyers with that type of cash to spare. In 2019, fashion maven Betsey Johnson sold her small pink house here for $1.9 They also conducted an experimental survey asking homeowners to consider competing offers from all-cash and mortgage buyers. home purchases over 1980-2017.

Appraisal 62

Appraisal Sellers Contracts Insurance 62

Birmingham Appraisal

JANUARY 11, 2023

From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. The higher rates resulted in larger mortgage payments which took many buyers out of the market. The graph below reflects the sales volume for 2019 through 2022.

Housing Market 81

Housing Market Marketing Inventory Sellers 81

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. From a buyer’s perspective, it couldn’t be worse. Mortgage rates are high, home prices are high, there’s no inventory.”

Sellers 58

Sellers Buyers New Listings Inventory 58

K.W. Appraisals

JANUARY 27, 2019

Although some experts may argue that the slowdown in sales is due to inventory, this explanation is questionable because housing supply increased from 4.1% If inventory was to blame for low house sales, an increase in supply would surely result in improved sales, but that is not the case. in May to 4.3%

Marketing 28

Marketing Construction Development Inventory 28

Annarbor Appraisal

APRIL 9, 2020

In June 2019 I wrote a piece about Ann Arbor for Mobility Magazine. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Many agents have noted that their buyers are reticent to purchase in this manner. That said, we are not immune.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

APRIL 9, 2024

That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. months (20 days) of available inventory. North King County, including Shoreline and Lake Forest Park, had the smallest inventory as of April 1 – 0.5

Marketing 59

Marketing Inventory Buyers Sellers 59

Chicagoland Appraisal Blog

APRIL 3, 2020

Which types of homes tend to be most attractive to buyers? Just as the housing stock in Chicago is incredibly diverse, so too is the pool of buyers. When the market is soft, buyers want the properties that are finished and ready to go.”. Westhoff notes that many buyers still prefer white cabinets.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Appraisal Today

JULY 29, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on USPAP Update Mistakes on Bias, Real Estate Market analysis, the FED raises interest rates, unusual homes, mortgage origination stats, etc. Spiking housing supply & fewer buyers.

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Real Estate Agent Real Estate Appraisal Agents 52

Listing Spark

MARCH 9, 2023

But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential. This change in rates caused homes to immediately become significantly more expensive for buyers. Months supply of inventory climbed from 0.6 increase YOY).

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Lamacchia Realty

AUGUST 26, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Sellers still have the upper hand in this market as inventory is still a tight commodity with the increase in sales. Prices are still on the rise as buyers out compete one another in bidding wars, inflating sale prices.

Inventory 61

Inventory Sellers Buyers Real Estate 61

Will Springer Realtor

JUNE 11, 2024

King County home buyers are witnessing the greatest supply of single-family, condo and townhomes since before the pandemic and a rising number of listings have dropped prices after sitting on the market. This is leaving many prospective buyers burdened by the cost of owning a home. Every month this year has seen inventory growth.

Buyers 52

Buyers Inventory Finance Housing Market 52

Cornerstone

JANUARY 19, 2021

Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. Because home builder confidence has reached record highs , Dietz projects that single-family construction gains will continue — though a lower growth rate than 2019 is expected.

Construction 61

Construction Housing Market Loan Officers Mortgage 61

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. This suggests homes – while far fewer for sale than in recent years – are quickly being scooped up by those few available buyers. months’ inventory, down from 1.5

Finance 67

Finance Inventory Construction Buyers 67

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. This time last year, buyers were aggressively scooping up available homes before the predicted increase in mortgage interest rates.

Marketing 36

Marketing Buyers Inventory Sellers 36

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

NOVEMBER 26, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. That is part of the reason that we go back to 2019 so that we can get a better comparison. The continued decline in pending sales has helped give buyers more selection as some homes are lingering a bit longer on the market.

Realty 48

Realty Buyers Inventory New Listings 48

Will Springer Realtor

DECEMBER 14, 2021

Welcome to the fourth annual Living the Dream blog predictions and projections in real estate and beyond. Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. Mortgage applications are an early sign of buyer demand, which has been sharply higher in recent years amid lower rates.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Lamacchia Realty

JANUARY 24, 2022

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. That is part of the reason that we go back to 2019, so that we can get a better comparison. Additionally, many buyers are still working from home even after shutdowns were lifted and now have the flexibility to move. What's Ahead?

New Listings 45

New Listings Inventory Buyers Realty 45

Lamacchia Realty

DECEMBER 21, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Buyers were able to take advantage of a good fall market where rates were still low, despite some fall increases, and competition eased slightly compared to earlier in the year. 2021 – 6,025 2020 – 6,361 2019 – 5,528. year over year.

Sellers 63

Sellers Buyers Landlords Tenants 63

Will Springer Realtor

JUNE 8, 2021

As buyers look for their next home on the property ladder – whether it’s a first-time purchase or downsizing from a large home – they should strongly consider a condo purchase in their future. Beyond the bright lights and many conveniences that a city provides, living in an urban area can be the best option for buyers. from April 2020.

Buyers 36

Buyers New Listings Marketing Inventory 36

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% 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. Affordability remains elusive.

Real Estate 36

Real Estate Buyers Construction Sellers 36