Remove 2019 Remove Buyers Remove Contracts Remove Modernization
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Existing home sales data shows extent of housing inflation

Housing Wire

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. I am a big fan of inventory to 2019 levels.

Inventory 458
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Rise above the panic, for the housing market’s sake

Housing Wire

compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. Research from Glossy and Modern Retail coined the “Great Mall Overhaul ” and made the call for a pivot, the evolution from transactional to experiential.

Retail 397
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Appraisal in Changing Markets

Appraisal Today

This doesn’t mean every property is worth $45,000 less, but it’s been clear buyers have been resisting paying higher prices.”. Will we see smaller homes more often as first-time buyers flood the market? Using recent September data, loan applications are below the levels in 2019 and still dropping. To be determined.

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How to Avoid Hurting Your Home Appraisal: Cleaning, Updating & Fixing

Listing Spark

One of the biggest differences is that the buyer does not get involved in the appraisals. If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like. This will make your home look more timeless and will appeal to a wider range of buyers.

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Not Using eSignatures? Here’s What You’re Risking

GoForrmz

There have been additional regulations set in place from other various industry regulators and international jurisdictions, and even modernization updates to the E-SIGN Act proposed in 2022, indicating that eSignatures are to remain a top priority for global commerce in the foreseeable future. “ ” — Bain & Company, 2021.

Legal 78
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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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New 2024 USPAP Q&As

Appraisal Today

I always tell buyers to buy when no one else is buying. The article will wrap up with a discussion of the Davis, CA residential real estate market between 2019 and now. Current listings and especially homes in contract show current market conditions. Purchased our large waterfront home for $375,000 in 1995. The Best Time!! =