Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 64

Sellers Realtors Buyers Inventory 64

Housing Wire

JUNE 24, 2021

If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent. The trio closed a $7 million seed round in 2019.

Sellers 393

Sellers Buyers Investors Inspection 393

Hank Miller Team

APRIL 6, 2022

It's time to answer the nagging question…did housing inventory in Atlanta increase during the first quarter of 2022? The broad market was strong and largely balanced through Jan 2020. Detached homes are the most popular type in the Atlanta market; this is a look at them since Jan 2020. consider this a broad overview.

Inventory 94

Inventory Contracts Buyers Sellers 94

Housing Wire

DECEMBER 23, 2022

The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. But relatively low inventory will be the primary driver of subdued transactions. Inventory has been rising in recent months but there is still only three months of supply nationally.

Housing Market 404

Housing Market Marketing Inventory Buyers 404

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. If a showing is to happen, buyers must make appointments with each seller auctioneer to view those homes. Compare all that to the U.S.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. Kanacki said that when it came to seasonal buying, “we’re still riding the wave with 2020.” Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MAY 10, 2022

The homeownership rate for Black Americans has actually declined between 2010 and 2020 and stands at 43.4%, while the homeownership rate for white Americans is 72.1%. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers. While the homeownership rate in the U.S.

Housing Market 442

Housing Market Realtors Buyers Inventory 442

Housing Wire

APRIL 30, 2021

In 2020, approximately 20% of all Americans moved — and Arizona was the seventh most-popular destination of those movers. The proof is in the home prices, which have shot up in Arizona since the beginning of 2020. Listing prices hit an average of $725,000 in September 2020 — the highest in more than two years. Census report.

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Housing Wire

SEPTEMBER 28, 2021

from July 2020 to July 2021, which is up from the 18.5% For-sale inventory levels charted their fourth consecutive monthly increase in August, and sellers appear to be taking a less aggressive approach when putting their homes on the market. The Case-Shiller 10-city home price index rose 19.1% increase recorded in June 2021.

Housing Market 477

Housing Market Finance Contracts Inventory 477

Appraisal Buzz

DECEMBER 27, 2021

million units , and some experts say it could reach 8 million if there were more inventory. Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. of homes are valued lower than the contract price. Total year-end sales volume ended at 5.64 Therein lies the problem.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

JANUARY 8, 2021

2020 proved that we all need to work to find new ways to generate business. The country was paralyzed amid the current health crisis and many borrowers and sellers alike are frightened to enter purchase contracts and move forward with transactions already in progress.

Lending 442

Lending Mortgage Inventory Business 442

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates.

Sellers 67

Sellers Realtors Buyers Inventory 67

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Don’t drink the Kool-Aid that any contract price is reflective of market value. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. Months of Housing Inventory Historically.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts.

Tools 308

Tools Sellers Real Estate Contracts 308

Housing Wire

APRIL 9, 2021

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

Brokerage 404

Brokerage Real Estate Clients Insurance 404

Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. There are still notably not a lot of sellers. But it is growing.

Sellers 432

Sellers Housing Market Buyers New Listings 432

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. Of my initial expectations this year — rising inventory, rising sales rates, rising prices — only rising inventory remains clear at this moment as we finish Q1 with rising interest rates. As we started 2024, the signals in the U.S.

Inventory 433

Inventory New Listings Sellers Contracts 433

Hank Miller Team

JANUARY 23, 2023

While rates were certainly favorable, the lack of inventory resulted in a punishing home buying experience. The current market slightly favors sellers but it's nothing like it was. Listing inventory drops during the pandemic with the seasonal bump in '21. When '22 opens, inventory is at historic lows and the crazy period is on.

Buyers 98

Buyers Inventory Agents Contracts 98

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings. Literally since Jan.

Insurance 414

Insurance Inventory Marketing Real Estate 414

Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by the limited supply. Let’s dig further into the details of the U.S.

Inventory 441

Inventory Contracts Sellers New Listings 441

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. With fewer transactions, inventory is building just a bit as we approach the end of the summer. When will inventory peak for the year? Inventory Inventory is still climbing just a bit each week as we approach the end of the season.

Inventory 369

Inventory New Listings Contracts Buyers 369

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I According to Tiller, the tight inventory has caused homebuyers to spend up to six months searching for their new property, roughly double the time it took prior to the pandemic.

Inventory 424

Inventory Buyers Agents Real Estate 424

Birmingham Appraisal

JULY 27, 2022

If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID pandemic. Months of Inventory/Active Listings – The months of inventory is on the rise.

Buyers 87

Buyers Inventory Sellers Appraisal 87

Hank Miller Team

DECEMBER 17, 2021

So what's in store for home buyers and sellers that have to make a move this spring? Buyers will again be challenged and sellers will reap the reward…until they become buyers. Well that was until about Mid-March of 2020 when all hell broke loose. See the inventory bumps as we head into the first quarter? Be flexible.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

MARCH 25, 2024

Specifically, when housing inventory is 25% greater than a year ago, the supply/demand balance is obviously very different than it has been. Housing inventory The available inventory of unsold homes continued to climb last week. Last year, inventory was still declining in March. More sellers means more sales will happen.

New Listings 493

New Listings Inventory Contracts Sellers 493

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Cornerstone

JULY 1, 2021

Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Housing inventory still sits far below the six-month supply threshold required to uphold a healthy market.*

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Hank Miller Team

JULY 7, 2022

Probably not a bad question as the changes in quarter 2 of 2022 were dramatic, As the Fed fights rampant inflation, buyers are faced with dramatic rate increases and sellers with a comparative lack of activity. No More Appraisal Gimmies The real estate market coming out of Covid from about fall of 2020 through spring of 2022 was an anomaly.

Appraisal 52

Appraisal Real Estate Agent Contracts Real Estate 52

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. Home values are increasing as buyers are competing for homes.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Explain documents such as contracts and disclosures. * Help you arrange inspections.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Birmingham Appraisal

JUNE 28, 2022

Sellers have had the upper hand over the past several years and have not had to even think about lowering the price of their homes. Some sellers may have priced their homes based on the past six months of market frenzy, however, they are now realizing that we are now in a different market. The trend ins Shelby county is similar.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Eppraisal

OCTOBER 2, 2021

The real estate markets in 2020 and so far in 2021 have been like no other. Home prices continue to increase and sellers are reaping the rewards of quick sales. Your agent should know the real estate contract like the back of her hand. There is a lot to navigate when representing a seller in today's market.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Hank Miller Team

NOVEMBER 4, 2022

That’s insane given the reduced number of transactions completed mid 2020 – mid 2022. Buyers Gone Wild It was historically competitive, the Atlanta area never saw such low housing inventory. Many buyers overpaid just to “win”; the only winner was the seller. No due diligence, inspections, finance, appraisal, survey…all waved.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Housing Wire

AUGUST 1, 2023

The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract. Maybe by Q4, we’ll have more homes in contract than there were at the end of 2022. The count of new contracts this week was just over 68,000 single-family homes. Both lines indicate about 70,000 contracts.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Appraisal Today

JUNE 23, 2023

With respect to volume, executives at both Fannie and Freddie have pointed out that during the crazy-volume times of 2020 and 2021, appraisers were not actually able to keep up with the transactions that were taking place in the market. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers.

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

Housing Wire

FEBRUARY 23, 2021

Eighteen of the 19 cities reported higher price increases in the year ending December 2020 versus the year ending November 2020. increase, noting home prices rose in all nine of the report’s regions in December 2020. December 2020’s 10.4% Digging deeper into the numbers, Phoenix saw a 14.4% Presented by: Fannie Mae.

Inventory 433

Inventory Finance Contracts Construction 433