article thumbnail

Recap: Valuation Expo 2021

Appraisal Buzz

Realtors and Property Appraisers? The construction industry? The post Recap: Valuation Expo 2021 appeared first on Appraisal Buzz. (Nothing like the correction and recession of 2008 expected, but notable, nonetheless.). And what does this mean for the economy? Buyers and sellers? Interest rates? Stock and bond markets?

Valuation 195
article thumbnail

Gen X is already looking for housing appropriate for aging in place

Housing Wire

A report released last week by the National Association of Realtors (NAR) said that Gen X homebuyers have a median income of $126,900, and are still years away from retirement. Homebuilders are observing a rise in demand for homes that can accommodate natural aging from Gen X buyers.

Buyers 500
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lamacchia Realty Announces Top Producing REALTORS® for January 2024

Lamacchia Realty

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Most recently, Nicole was honored with the 2023 Meghan A.

article thumbnail

NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). ” According to Yun’s forecast, mortgage rates will fall to between 6% and 7% by spring 2024.

article thumbnail

Three yards and a cloud of dust

Housing Wire

In late 2021, Congress renewed a 10 basis point tax on Fannie Mae and Freddie Mac loans for another decade – not based on loan risk, but to pay for non-housing spending. While we took some heat from raising this issue at that time, the proposed realtor settlement could mean that this now becomes a reality on the ground.

Sellers 421
article thumbnail

Lamacchia Realty Announces Top Producing REALTORS® for February 2023

Lamacchia Realty

has released its “Top Producing REALTORS®,” for February 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Additionally, Jason is also a member of Lamacchia’s 2021 and 2022 President’s Club.

article thumbnail

How top LOs plan to beat the odds in 2023

Housing Wire

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. We have subscriptions that go out to Realtors weekly,” Nguyen said. Barnes said. Adjusting to a “new normal”.