Appraisal Today

JUNE 14, 2024

In 2019, fashion maven Betsey Johnson sold her small pink house here for $1.9 Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page. NOTE: the popular ads with liability tips are below the first topic on my blog posts.

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Appraisal Sellers Contracts Insurance 62

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. But today, housing inventory has dropped far below this level: The National Association of REALTORS® (NAR) reports that there’s currently just a 2.1-month appeared first on Cornerstone Blog. per household.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

Hood Homes Blog

SEPTEMBER 23, 2019

Updated 9/23/2019; Originally published 10/6/17. Some tract builders also work with local agents to list their homes in the MLS, though it is hit or miss whether they do that and almost never does all their inventory make it to the MLS. The post The 3 Types of Builders: Tract, Spec and Custom appeared first on Hood Homes Blog.

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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.

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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. With four bedrooms and 4.5 July 25, 2022 .

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Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

APRIL 10, 2024

Affordable housing initiatives focus not on the climate but on increasing inventory to meet demand, while climate-focused efforts lack integration with housing resilience goals. For more news on this topic, please visit my Living the Dream blog for an ongoing series to celebrate Earth Month. Seattle is also No. King ranked No.

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Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. months (20 days) of available inventory. Inventory stood at 1.3

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Marketing Inventory Buyers Sellers 59

Appraisal Today

JUNE 24, 2022

Those topics are fodder for other lengthy blog posts all by themselves. To read more of this long blog post with many topics, click Read More Below!! What’s the difference between the Appraisal Today free weekly email newsletters in this blog and the paid monthly newsletter? Click here for more info! percent from 5.65

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Appraisal Contracts Mortgage Real Estate 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.

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Will Springer Realtor

JUNE 11, 2024

The number of homes going under contract fell from April to May by 13% in Seattle to 876 units and slipped 1.2% In addition, the rate of Seattle homes under contract within 30 days on the market fell from 62% in April to 57% last month; Eastside homes found buyers in four weeks or less 71% of the time in May, down from 74% in April.

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Appraisal Today

SEPTEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on MLS hacked, Wells Fargo discrimination, unusual homes, mortgage origination = $274K Bedford, Pennsylvania Mansion Comes With Its Own Jail Excerpts: 5 bedroom, 1.5+ The average contract interest rate for 15-year fixed-rate mortgages remained unchanged at 6.72

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Appraisal Contracts Mortgage Real Estate 81

Lamacchia Realty

DECEMBER 21, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. The decrease in the number of homes pending shows that inventory is lingering a bit longer than last year. Just like sales, 2021 prices are up higher when compared to 2019 as well by 24.2% 2021 – 6,025 2020 – 6,361 2019 – 5,528.

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Sellers Buyers Landlords Tenants 63

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

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Finance Inventory Construction Buyers 67

Will Springer Realtor

MARCH 14, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Still, home appreciation remains solidly higher between 2019 and today, at least out West. Condo inventory stands at 1.7 Eastside inventory is 1.4 Portland, Ore.,

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Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 13, 2023

Despite high interest rates, some hungry buyers are competing over limited inventory. months’ total inventory in the county, down from 1.4 Eastside inventories are at 1.2 That share from 2000–2019 was an average of 13%. Meantime, condo inventory stands at 1.6 There are 1.3 a month ago. for all home types.

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Buyers Inventory Construction Finance 36

Will Springer Realtor

FEBRUARY 14, 2023

Pending Sales – Another leading indicator, these are the homes that go under contract and typically complete the transaction within two months. The number of Pending sales soared 51% since December for all home types in King County to 1820 listings under contract, including a 69% boost on the Eastside (480) and a 47% jump in Seattle (610).

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Housing Market Marketing Inventory Buyers 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. Mortgage rates are high, home prices are high, there’s no inventory.” The result: generally rising prices amid limited inventory.

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Sellers Buyers New Listings Inventory 58

Will Springer Realtor

DECEMBER 14, 2021

Welcome to the fourth annual Living the Dream blog predictions and projections in real estate and beyond. That’s far higher than YoY figures at the end of 2020 (up 1.7%) or 2019 (2.5%). in the 12 months ending in August 2021 and it follows strong double-digit activity 2014-2019. Consumer prices are going up and up – 6.5%

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Real Estate Buyers Construction Sellers 69

Will Springer Realtor

JULY 11, 2023

The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. The number of unsold (Active) listings in King is 49% fewer today than on July 1, 2019. However, that’s only up 7% year-on-year (YoY) and is half the level from June 2019.

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Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. 14 – after the publication of this blog post – when it will likely announce another rate rise.). My blog post on how mortgage rates are set is a good side topic.). In his estimate: “Homebuilding’s going to contract.”.

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Real Estate Buyers Construction Sellers 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Total Eastside inventory rose to 1366 active listings, up 52% in one month and 210% in a year. FOR FIRST-TIME BUYERS, NOW WHAT?

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). This is one of the most popular topics on my blog. Just when signs were looking up for an increase in new listings and more inventory, the tap was moved back to near shut.

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Construction Inventory Buyers Real Estate 36

Quicken Loans

JUNE 10, 2021

Because April 2020 was in the teeth of the pandemic shutdowns, it’s more fair to look at April 2019. If you compare that to April 2019, the pace was only 673,000 sales. This is slightly faster than the pace we found ourselves on in April 2019 when there were 1.312 million completions to go with 1.235 million starts.

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Will Springer Realtor

JULY 12, 2022

Currently, homes under contract (Pending sales) are down 19% YtD across King and by 20% for single-family homes, including down 36% in the combined neighborhoods of Magnolia and Queen Anne. The number of homes for sale in King (4207 as of July 1) is higher than at any time since October 2019, as this chart shows.

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Housing Market Marketing Buyers Contracts 41

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MARCH 14, 2022

off their 2022 high of 3.92% (the highest level since May 2019). Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. In addition, average profit increased a whopping 45% in one year ($64,900) and 71% since 2019. Condo inventory is not much better. There is 0.6 Learn more.

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The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. If it seems as if you’re over-leveraged you won’t get the loan.

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Real Estate Retail Investing Tenants 78

Appraisal Today

MAY 27, 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 VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. It was listed for $1,575,000 in 2019, Usaj says. percent from 5.49

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Construction Appraisal Modernization Contracts 52

Will Springer Realtor

JUNE 11, 2024

Office buildings across downtown Seattle are a worrisome example, where vacancy rates have jumped from about 10% in late 2019 to 28% after Q1 of this year. times more than in 2019. The number of homes going under contract fell from April to May by 13% in Seattle to 876 units and slipped 1.2% across the county (2743).

Construction 36

Construction Buyers Real Estate Sellers 36

Will Springer Realtor

JUNE 8, 2022

The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. The change follows Oregon’s lifting in 2019 of zoning restrictions on housing to help address the housing shortage. With scarcity comes price appreciation.

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Will Springer Realtor

NOVEMBER 10, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. Anyone who contracts to purchase by the end of November will receive a bonus of between $10K and $30K toward the new home (depending on the number of bedrooms).

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

JULY 9, 2021

increase in single-family permits over 2019. >> Home prices are going to continue to go up until the inventory comes back bit,” said Rick Sharga, EVP at real estate information provider Realty Trac. Inventory across our area remains extremely low. >> A whopping 3.8 Looking for selection?

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