article thumbnail

When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

You can also listen right here at Cleveland Appraisal Blog! In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio. The Best Part Of My Job As An Appraiser – Yolo Solano Appraisal Blog.

Appraisal 223
article thumbnail

The Apple Peeled - Ask the Experts: Market Dynamics with Jonathan Miller

Miller Samuel

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. The 10-year Challenge (2009 vs. 2019). Studio inventory is up 21% percent. And we've become friends.

Marketing 221
Insiders

Sign Up for our Newsletter

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

article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Many of us are in sellers’ markets with very low inventory. They even provide 25 Real Estate Handwritten Notes Samples on their blog, plus an AI Copy Writing Assistant to Check out Handwrytten You will also hear agents say you can send these to any neighborhood, regardless of whether you have an actual buyer. plus postage.

article thumbnail

Things to Keep in Mind When Pricing Your Home

Lamacchia Realty

If the market exhibited low inventory, the sale price may have been driven up because buyers likely competed for the home. On the contrary, if the market exhibited high inventory, the sale price would have been driven down because sellers were likely competing for the sale. ?Every The lower the inventory, the more they will pay.

article thumbnail

Homes Do Sell During the Holidays!

Lamacchia Realty

Historically, for home sellers who list in the late summer and early fall, their home can stay on the market longer than anticipated because the inventory during that time is typically at a higher point for the year. In March of 2020, we saw a significant drop in inventory, and the market still has not gone back to pre-pandemic levels.

article thumbnail

2022 Housing Market Predictions: What To Expect

Quicken Loans

In combination with low housing inventory and labor shortages, that drove up selling prices. Home Inventory Will Slowly Rise. During the past year, buyers faced a limited housing inventory which put sellers at an advantage. Compared to 2020, the national inventory declined by 22.2% Buyer demand continued.

article thumbnail

A Quick Look At The Birmingham Housing Market: First Quarter 2022

Birmingham Appraisal

Median home prices continue to rise as a result of high demand and limited inventory. The amount of time a home stays on the market before going under contract continues to decline as buyers snatch up what limited inventory is available. In a buyer’s market, the inventory is much higher and buyers have more choices.