Remove 2019 Remove Contracts Remove Inventory Remove Renovations
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Pending home sales down again in September

Housing Wire

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. in 2022.

Inventory 448
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Busting VA mortgage loan myths

Housing Wire

The great news is that the program has undergone significant improvements, particularly after the Blue Water Navy Vietnam Veterans Act was signed into law in 2019. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. Who is eligible?

Mortgage 466
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A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. 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. Keep 2 things in mind if you’re planning to sell this season.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”. Properties are still going under contract.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

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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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. We’ve seen a massive change in housing inventory. This is actually about fewer buyers getting into contract. With four bedrooms and 4.5 Baths and bedrooms were expanded as well.

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Asking prices of newly listed homes reach all-time high

Housing Wire

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% Redfin reported that 47% of homes that went under contract in the current four-week period had an accepted offer within one week of hitting the market – yet another all-time high.

Contracts 501