Housing Wire

SEPTEMBER 22, 2022

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. From NAR Research : “Total existing-home sales notched a minor contraction of 0.4%

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Housing Wire

DECEMBER 28, 2021

We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. While it’s still a strong seller’s market, there just aren’t the up-to-20 offers coming in on homes anymore,” Herrig said.

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Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. If you look at the monthly supply for new homes from 1996 to 2005, it was always lower than what we saw from 2008 to 2019. Once total inventory can get back into the range of 1.52

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Housing Wire

JANUARY 14, 2022

Founded in 2000, Scottsdale, Arizona-based HomeSmart is the seventh largest brokerage in the country by transaction sides, or how many times a HomeSmart agent represented the buyer or seller in a deal, according to RealTrends. million net loss, according to the filing. 30, who are spread across 47 states.

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Housing Wire

JANUARY 31, 2021

The platform hosts 15 tools to support the servicing lifecycle for 14,000 external users (1,300 servicers), which has almost doubled since launching the platform in 2019. Last fall, Freddie Mac integrated its Single-Family Seller/Servicer Guide (Guide) with Servicing Gateway.

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Housing Wire

MARCH 1, 2022

In 2019 we published a feature story about “Who will be the Amazon of housing?” — and then explored world-domination theories that painted Zillow , Redfin , Opendoor (and maybe Amazon itself) taking over the entire end-to-end housing sales and financing process. Knock.com offers solutions for both buyers and sellers. And, why not?

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Will Springer Realtor

AUGUST 9, 2021

Among the notable names this time: Bernardine Evaristo, 2019 Booker Prize winner (Girl, Woman, Other), Jelani Cobb of The New Yorker, and Anthony Doerr, 2015 Pulitzer Prize winner (All the Light We Cannot See). It’s a great opportunity to immerse yourself into insights and revelations.

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Chicagoland Appraisal Blog

APRIL 3, 2020

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. in 2019 over the previous year, perhaps an effect of high property taxes, falling population, and an excess of homes after the mid-2010s construction boom. Updated homes tend to sell faster in Chicago, notes Westhoff.

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Clear Capital

DECEMBER 14, 2022

The average home value has jumped 43% since late 2019, and sellers have raked in eye-popping profits because of it. Written by Aly J. Yale and edited by Samantha Sharf. The housing market has been kind to homeowners these last few years. But that was then. As we head in 2023, the market looks very different.

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Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. Kenon Chen. Jeff Allen.

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Appraisal Today

SEPTEMBER 23, 2022

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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Appraisal Today

JANUARY 26, 2024

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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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). The sellers are seeking $17.98M, $2811/sq. percentage points.

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Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons. Details still need to be ironed out, but U.S.

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Appraisal Today

SEPTEMBER 1, 2023

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!

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Appraisal Today

JULY 29, 2022

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?

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Will Springer Realtor

JUNE 8, 2022

The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. The change follows Oregon’s lifting in 2019 of zoning restrictions on housing to help address the housing shortage. With scarcity comes price appreciation.

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Will Springer Realtor

AUGUST 11, 2023

The price of new construction has jumped, too; the National Association of Home Builders estimates costs have risen about 35% since 2019. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather. And the sellers don’t disagree.

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Will Springer Realtor

SEPTEMBER 12, 2023

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. Only buyers and sellers who must move are doing so. I know, right?!)

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Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” A lot of home – perfect for a big family.

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Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! increase in single-family permits over 2019. >> LUXURY LIVING.

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Appraisal Today

FEBRUARY 24, 2023

. = 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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Listing Spark

MARCH 15, 2022

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. Maintaining your home in good condition is also important if you want to get a good home appraisal.

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Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro. What may be truly impressive are the sellers, now empty-nesters after raising eight children in this home!)

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Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 8, 2022

That’s according to a survey of 1,002 Hispanic Americans by NAR. >> Washington, at 6.6%, was among the leading states to experience an increase in tech worker jobs from pre- to post-pandemic (December 2019 to December 2021). LUXURY LIVING King County is well known for its amazing mid-century modern homes. since May and down 22% YoY.

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Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. The sellers are seeking $3.86M, $1222/sq.

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Will Springer Realtor

JULY 13, 2023

urban centers remain mostly higher than in 2019. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. 2-story, mid-century modern home in the Laurelhurst neighborhood of Seattle. Office vacancies in U.S. List: $6.895M ($1556/sq.

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The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. Regarding COVID-19, US office vacancy rates have increased from 9 percent in the fourth quarter of 2019 to 17.2 Otherwise, the proximity to these transit connections would be useless. percent in the second quarter of 2021.

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Will Springer Realtor

APRIL 11, 2022

between 2019 and 2020 – the largest annual increase on record – to 65.5%, according to a report released by NAR. 1 ½-story, mid-century modern custom home in the foothills of Cougar Mountain. The sellers, who reportedly include a New York Times multi-best-selling author, are offering the home at a huge discount. >> U.S.

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Will Springer Realtor

JUNE 9, 2021

Even if a household faced the prospect of foreclosure, buyers would be happy to take the home off an owner’s hands – likely at a profit for sellers – while providing needed inventory. 31 st -floor home was first listed in 2019 at $9.995M and a million dollars less a year later. The listing agent calls it “modern farmhouse.”

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Will Springer Realtor

APRIL 8, 2021

were putting down $24,500 in the most recent survey, up a whopping 82% from Q4 2019 ($13,441). The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. Buyers in the U.S. from the previous quarter.

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Will Springer Realtor

JUNE 9, 2023

This net gain for Millennials is interesting when you factor our nation’s population growth has slowed for three consecutive years (2019-2021) to 100-year lows. The sellers, Cannabidiol business owners, are reportedly downsizing their living arrangements. The Harvard research did not have access to 2022 U.S. Census data.)

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Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Sellers typically ask for back-up buyers. The sellers are asking for $2.1M ($472/sq. This 3-bed , 3.25-bath,

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