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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 447
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Appraisal in Changing Markets

Appraisal Today

Sellers Chasing the ball down the road in real estate. Using recent September data, loan applications are below the levels in 2019 and still dropping. Loan applications went up this week but are still below 2019 levels. Work for buyer, seller, or both. Minus: Sometimes differences of opinion between buyer and seller.

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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

. = Surviving the Current Slowdown by Kendra Budd, Editor, Working RE Excerpts: While the actual volume of appraisal work has only declined to the equivalent of a slow month in 2018 or 2019, the volume of appraisals has declined over 60 percent from the busiest month in 2021 compared to the later (slower) months of 2022. Budget cuts.

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

Listing Spark

Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. A fresh coat of paint or some new furniture can go a long way in making your home look more modern and appealing. The appraisal I received is under contract value, what happened? Love this list?

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New 2024 USPAP Q&As

Appraisal Today

However, new construction back then really struggled, but today in light of so many sellers sitting in the existing market, builders have been thriving. Slow market with 100% seller financing. The article will wrap up with a discussion of the Davis, CA residential real estate market between 2019 and now. The Best Time!! =

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. But is it because sellers are rushing to list their homes? percent from 5.82

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Appraising Unusual Properties

Appraisal Today

Examples of verification sources include, but are not limited to, the buyer, seller, listing agent, selling agent, and closing documents in certain situations. Hubel explains: “I’m assuming the hot water heater just had a leak, so [the seller] cut out the subfloor and then never replaced it before listing it.” A Man On a Mission!