Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. Confidence rose in the Northeast to 53, signaling that builders there are slightly optimistic about market conditions.

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Inventory Home Value Housing Market Buyers 453

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]. in November, down from a 9.2%

Marketing 404

Marketing Government Mortgage Sellers 404

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.

Inventory 523

Inventory Home Value Housing Market Mortgage 523

Housing Wire

MARCH 31, 2021

As work-from-home becomes more of a national norm, prospective homebuyers are seeking better home values in small towns that still offer a lot of amenities. Per Realtor.com , homes are being sold at an average of $111,000 in Bay City, and the average listing price per square foot is only $75. compared to 2020.

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Buyers Investors Realtors Agents 393

Housing Wire

OCTOBER 14, 2021

Young people make up a smaller share of recent homebuyers than in previous years most likely due to the increased market activity of baby boomers, a new Zillow report published on Thursday found. 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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Buyers Housing Market Real Estate Agent Real Estate 538

Housing Wire

JULY 25, 2023

One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. The rising costs and lack of availability of homeowners insurance has forced many homeowners and buyers to turn to Citizens Property Insurance Corporation , the state’s insurer of last resort.

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Insurance Housing Market Marketing Agents 369

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.

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Sellers Buyers Home Value Marketing 78

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

Inventory 403

Inventory Technology Design Tools 403

Listing Spark

FEBRUARY 24, 2021

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. However, this is in a very “normal” market.

Real Estate 69

Real Estate Marketing Inventory Sellers 69

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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Home Value Market Value Brokerage Inventory 471

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 Market Finance Marketing Mortgage 379

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

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Lending Home Value Mortgage Renovations 424

Lamacchia Realty

APRIL 24, 2023

ATTRACT MORE BUYERS WITH ENERGY EFFICIENT UPGRADES With monthly utility bills being a nagging cost all year long for homeowners, home buyers are more aware than ever about energy-efficient features within prospective homes. 81% of buyers desire Energy Star-rated appliances.

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Buyers Real Estate Agent Realty Home Value 64

Housing Wire

MAY 9, 2022

Fewer buyers rushed to lock mortgages last month amid a rapid climb in long-term mortgage rates , reflecting home affordability concerns, reports from Mortgage Capital Trading and Black Knight showed. . Compared with April 2021, rate-and-term refinances were down 89.2%. Especially in a tight purchase market.

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Mortgage Home Value Buyers Lending 370

Housing Wire

JUNE 10, 2022

Because homeownership is traditionally considered one of the surest routes upward in a socially mobile society and the primary means by which Americans accumulate wealth, the inability to buy a home puts much more than just the real estate market in jeopardy. Buyer morale is at an all-time low for good reason. year-over-year.

Real Estate 389

Real Estate Buyers Mortgage Insurance 389

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

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Home Value Real Estate Agent Real Estate Realtors 36

Eppraisal

JANUARY 28, 2022

Historically, the real estate market slows down over the winter months and prices level off or sometimes go down. 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. Home sales are expected to increase another 6.6% " D.

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Marketing Home Value Real Estate Housing Market 68

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Market Value Marketing Real Estate Agent Real Estate 74

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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Housing Market Marketing Inventory Real Estate 78

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 Market Marketing Real Estate Realtors 68

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.

Marketing 69

Marketing Sellers Buyers Home Value 69

Eppraisal

SEPTEMBER 24, 2021

The spring market typically begins in March. The market normally remains strong, and home values rise, through the spring and summer months. The 2021 fall real estate market is going to be different. While we continue to navigate through the pandemic, the real estate market remains strong.

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Marketing Supply Chain Real Estate Construction 28

Lamacchia Realty

NOVEMBER 9, 2022

TIPS FOR BUYING YOUR HOME IN TODAY'S MARKET. When looking to the new year, you may be looking for a change or life may bring about circumstances where change is necessary, whether that is a new home down the street or moving to a completely new state. It’s a better time for negotiations on the buyer’s side.

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Marketing Realty Buyers Realtors 57

Housing Wire

DECEMBER 16, 2022

For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. Recently, an attorney shared with me how one of her clients purchased a home in Connecticut.

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Insurance Government Legal Fees Real Estate 464

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Just as different types of leaven can be used to make bread rise, and even change the flavor of the bread, increasing home prices can result from different situations.

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Inventory Market Value Appraisal Contracts 243

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.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Lamacchia Realty

DECEMBER 8, 2021

The Federal Housing Finance Agency (FHFA) has announced that the baseline conforming loan limit will increase a record 18% to $647,200, which is an increase of $98,950 from $548,250 in 2021. home price. Why are Home Prices so high? What to Know as a Buyer. Buyer Resources. April 8, 2021. Read More ».

Buyers 75

Buyers Inventory Realty Home Value 75

Cleveland Appraisal Blog

APRIL 29, 2021

Generally speaking, real estate is one of the most secure investments you can make, and bar any situations like the crash in 2008, you are pretty much guaranteed a constant increase in value and desirability. However, that also depends on a lot of other factors: location, other homes on the market, and the way you maintain it.

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Appraisal Investing Buyers Renovations 249

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.

Real Estate 88

Real Estate Buyers Investors Home Value 88

Appraisal Buzz

JULY 18, 2022

The average 30-year fixed rate mortgage rate was its lowest ever at 2.65% on December 31, 2021. Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Therefore, it begs the question: what will happen to home values?

Sellers 435

Sellers Marketing Market Value Home Value 435

Eppraisal

SEPTEMBER 22, 2021

There is a lot of buzz among the general public as to if and when there will be a real estate market crash like the one in 2008. The real estate market is nothing like it was back then. Current State of the Real Estate Market The real estate market is still sizzling hot. There weren't near as many buyers.

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Real Estate Marketing Inventory Home Value 45

Housing Wire

FEBRUARY 21, 2023

Dan was really focused on the marketing component. 13 announcement of his resignation , Farner, known as the marketing whiz behind groundbreaking “Push Button. One caveat: Farner’s successor will be tasked with getting the company on the right track amid one of the most challenging mortgage markets in decades. With the Feb.

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Clients Mortgage Business Home Value 343

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.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

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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Real Estate Marketing Inventory New Listings 69

Empire Appraisal Group

JANUARY 13, 2022

Top 10 ‘Hot Markets’ for 2022? metros – defined as days on market, sales above list price and sale-to-list price ratio – finds 8 are in Fla., In a “hot” real estate market, listings sell quickly once they hit the market, they collect more offers above list price, and the amount above list price is higher than in cooler markets. . –

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Marketing Real Estate Real Estate Agent Realtors 78

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. Home values dropped as much as 15%, erasing some of the gains made in 2021. [00:06:20]-[00:07:06]

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. Key Skills Every Agent Should Possess Whether you're buying, selling or both, be sure your real estate agent is knowledgeable about today's market and has been doing business recently. You are likely to receive multiple offers on your home.

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Agents Real Estate Agent Marketing Real Estate 36