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. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. It may help to know that: 1.

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Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

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Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data. That was up from 40% a year ago.

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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.

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Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza. in 2009.

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Cleveland Appraisal Blog

MARCH 4, 2021

That usually appealing to many home buyers. For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Birmingham Real Estate: 2019 vs 2020 – Birmingham Appraisal Blog.

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Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. Remember: real estate is hyper-local! Household Finances – The Best (Ever). There’s No Free Lunch.

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Housing Market Marketing Real Estate Realtors 68

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Markets with Most Qualifying Inventory. The average distressed property price was 63.6%

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Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

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Houston Properties

JULY 18, 2022

Antique Pavilion — An upscale multi-dealer shop that houses an inventory of authentic antiques, fine accessories, and a vast assortment of collectibles. Older properties have been renovated and updated. – 2019: Top Residential Realtors in Houston, Houston Business Journal. collective time and experience of members.

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Housing Wire

MAY 12, 2021

While mortgage rates are at an all-time low, people looking to buy their first home — particularly millennials, who accounted for half of all new home loans in 2019 — have a limited and aging stock of houses to choose from. But, even then, today’s homebuyers aren’t spoiled for choice. Bringing more services under one roof.

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Construction Logistics Technology Real Estate 458

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.

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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. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Westhoff notes that many buyers still prefer white cabinets.

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Lamacchia Realty

JULY 13, 2022

Before the market shift in March 2022, interest rates were lower than ever , but so was the amount of inventory. As a result, any home that came on the market went under agreement faster than ever before , with buyers competing against each other for virtually every home. Over the past few years, rent prices have skyrocketed.

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Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. Spiking housing supply & fewer buyers. We’ve seen a massive change in housing inventory. This is actually about fewer buyers getting into contract. July 25, 2022 .

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Real Estate Agent Real Estate Appraisal Agents 52

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.

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Appraisal Today

MAY 26, 2023

From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements. A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Owners with conservation easements can claim an income tax deduction.

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Will Springer Realtor

OCTOBER 8, 2021

I also heard the same question from buyers this year. While early to mid-spring was frenzied – featuring waves of cash-carrying buyers with their contingency-absent offers – the housing environment settled down to a somewhat civilized pace by September and likely for the next few months. And that answer appears to be “yes.”

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Housing Wire

APRIL 2, 2021

Pending home sales were up 38% from the same period in 2020 — and up 28% from the same period 2019 — but pending sales grew just 0.9% Fairweather’s suggestion for those would-be buyers: look at condominiums and other more realistic purchases, build some equity, and wait this out. from Redfin’s previous four-week report.

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Quicken Loans

JUNE 10, 2021

And odds are it’s making things difficult for your buyers. 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. Meanwhile, traffic of prospective buyers walking through homes was down a single point to 73.

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Appraisal Buzz

SEPTEMBER 26, 2022

There’s currently an inventory shortage, which is leading to more competition and increased prices. Pent-up housing demand, low-interest rates and new buyers have also added to the crisis. In 2019, there were about 2.8 Fewer occupants can pay with cash — and credit is tight for first-time buyers. Try Upzoning.

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Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. off their 2022 high of 3.92% (the highest level since May 2019). To purchase a home, many buyers withdraw funds from stock and cryptocurrency markets as well as retirement accounts. There is so much at play – and at stake. Rates fall as money flows into Treasurys. “It’s

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. this year. >>

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Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Washington state now (right) has less than 45% of all households able to afford the median priced home (as of 2019, when the state’s median figure was more than $100,000 less than today). Many dug into savings and had their homes renovated or repaired.

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Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. THE ROI OF HOME RENOVATION. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. BY THE NUMBERS . >>

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