Housing Wire

OCTOBER 14, 2021

From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.

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Housing Wire

OCTOBER 3, 2022

The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday. as of Sept.

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Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Annual house price growth hit a record high in 2021, over 17%, and growth remains in the double digits thus far in 2022.

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Housing Wire

MARCH 9, 2021

As the first quarter of 2021 nears its end, a recent Redfin report shows both good and bad news for Black homeowners. The positive: Homeowners in primarily Black neighborhoods earned an average of $59,000 in home equity in 2020, compared with $50,000 for homeowners in primarily white neighborhoods between 2019 through January 2021.

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Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. Mortgage rates dropped down to record lows that carried through much of 2021. In addition, home values and sales skyrocketed.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make.

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Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

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Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. Bidding wars and high buyer competition.

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Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . by the end of 2023,” the MBA’s December market-forecast report states.

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Eppraisal

JANUARY 28, 2022

The 2021 real estate market was a record-breaking year. It is predicted to go from a record-breaking market to a hot market in 2022. Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. Home sales are expected to increase another 6.6%

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Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. And housing prices are still up! “In

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Robinson Appraisal Group

NOVEMBER 25, 2022

Interest rates play a crucial role in the housing market. Lower rates typically promote an increase in demand for properties, this in turn drives up pricing, while on the flip side of that, higher interest rates reduce the demand since the costs of a mortgage increase deterring prospective home buyers.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Another issue that led to the housing crash of 2008, was unqualified buyers who were able to secure mortgages on homes they couldn’t really afford. Or buyers are walking away from the deal. And the saga continues.

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Eppraisal

JUNE 8, 2021

Record sales, high prices, and lots of competition are only a few of the many challenges' buyers are facing in today's market. According to Realtor.com's April 2021 Monthly Housing Market Trends Report, the national inventory of active listings declined by 53% over last year. Prices Too High Home values are rising.

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Marketing Sellers Buyers Home Value 69

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

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Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Housing Wire

OCTOBER 13, 2022

A new LendingTree study found that mobile homes are cheaper and their values appreciated almost as quickly as single-family homes over five years, from 2016 to 2021. On the other hand, median single-family home values increased by almost a similar average of 35.44% for the same time period.

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Housing Wire

NOVEMBER 7, 2023

“If somebody is concerned about that (taxes), I always put it back on the buyer and ask them, ‘Do you have any control in the increase of your rent payment?’” single-family home was $3,901, up 3% compared to 2021, ATTOM reported. For sure, it can dampen demand and, by extension, harm prices in some markets.”

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Eppraisal

DECEMBER 14, 2021

Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. This fact will give hope to buyers for the long term but what about the more immediate future? Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae.

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Cornerstone

APRIL 30, 2021

Spring home sales should be speedier. Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Spring is a favorable season for move-up buyers.

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Sellers Buyers Inventory Loan Officers 66

Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. As their cost goes up, they pass those along to buyers. Hard to say.

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Lamacchia Realty

JUNE 21, 2021

The market has been anything but normal over the past year. As it starts to potentially slide back into its regular rhythm, buyers may find themselves in unfamiliar territory. For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. And a beneficial one at that, for buyers.

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Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. Active Listings.

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Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

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Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. What happens if I sell my house and can’t find a new home to buy?

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Clients Sellers Loan Officers Real Estate 62

Eppraisal

FEBRUARY 11, 2022

The Realtor.com annual housing market forecast, published December 22, 2021, predicts "national rent growth of 7.1% " Home buyers cannot find homes to purchase because of the historic supply deficit of homes available for sale. for 2022." Last of all, make sure you don't discriminate.

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Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 from a month prior and a 40% increase from the February 2021 level. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. months supply.

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Housing Wire

FEBRUARY 10, 2021

Zillow also announced it has agreed to pay $500 million to acquire ShowingTime , which makes software for prospective buyers to arrange showings with agents. The Seattle-based company , which has mostly pivoted from selling advertising to real estate agents into iBuying, acquired 1,789 homes in the fourth quarter. million – up 25.8%

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Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market. Here are 7 trends to watch in the 2022 appraisal market. Here are 4 macro trends impacting the 2022 housing market. 2022 Forecast series.

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Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

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Berkshire Hathaway

FEBRUARY 23, 2021

With home values forecasted to appreciate by about 5% this year it has some people concerned that we may be in another housing bubble and that that bubble is about to burst. Unlike what we experienced a little over a decade ago, there are multiple reasons why this market is completely different.

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% of sales in Q3 of 2021.

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Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. “Americans have seen home values rise at record rates over the past few years.

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% What does this mean for Buyers ?

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022. What’s next?

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Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

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