Appraisal Today

MARCH 22, 2024

Updated Unacceptable Appraisal Practices (bias words) – the overall occurrence rate which has declined from 0.15% of appraisal reports in 2021 to just 0.03% in 2023 (see Figure 1). It can impact home values, insurance costs, and the overall stability of a housing market.” “The percent from 6.84 percent from 7.04

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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. from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

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Housing Wire

JANUARY 9, 2023

With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. Single-family homebuilders, too, are looking to capitalize on the build-for-rent market, with Lennar Corp.,

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Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. since October 2021. If this trend persists, we may see the annual rate of change dip to a low of 1.9%, a level last seen in February 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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Appraisal Today

MAY 19, 2023

housing market back into a deep freeze Excerpts: A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon. Good video UAD Redesign the Movie (from 2021 but still relevant) I have written about this twice before in this newsletter. percent from 6.48

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Appraisal Buzz

AUGUST 29, 2022

Though the federal government has yet to pass legislation directly tackling the current housing crisis, some bills may affect it indirectly. A significant indirect influence comes with the infrastructure bill signed into law in November 2021. The Current Housing Crisis. This was due to an all-time housing shortage.

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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%

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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.

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The Robert Weiler Company

SEPTEMBER 7, 2022

See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Figures from the Ohio REALTORS® Housing Market Report reveal that Ohio home sales reached historical levels in May 2022. land market.

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

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Lamacchia Realty

FEBRUARY 27, 2024

Single families: $381,123 (2023) | $475,011 (2024) Condominiums: $470,541 (2023) | $474,813 (2024) Multi-families: $367,522 (2023) | $467,338 (2024) Homes Listed For Sale: T he number of homes listed is up by 13.7% 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

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Lamacchia Realty

FEBRUARY 23, 2024

Single families: $ 525,467 (2023) | $530,608 (2024) Condominiums: $409,028 (2023) | $500,879 (2024) Multi-families: $431,353 (2023) | $489,323 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.9% 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

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Lamacchia Realty

FEBRUARY 27, 2024

Single families: $484,935 (2023) | $554,204 (2024) Condominiums: $318,153 (2023) | $314,791 (2024) Homes Listed For Sale: T he number of homes listed is down by 3.9% What’s Happening in the Market? Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right!

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Lamacchia Realty

MARCH 28, 2023

February 2023 massachusetts housing report February Highlights The Massachusetts housing market is beginning to pick up as we head further into the year, but home sales are still down significantly in February compared to this time last year. Sellers, pricing your home right is crucial in this market.

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Lamacchia Realty

FEBRUARY 27, 2024

Single families: $632,613 (2023) | $702,284 (2024) Condominiums: $633,473 (2023) | $679,516 (2024) Multi-families: $592,514 (2023) | $637,010 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.6% 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

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Lamacchia Realty

AUGUST 25, 2023

JULY 2023 connecticut housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet.

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Lamacchia Realty

AUGUST 25, 2023

JULY 2023 new hampshire housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Lamacchia Realty

FEBRUARY 27, 2024

Single families: $517,326 (2023) | $609,905 (2024) Condominiums: $420,479 (2023) | $375,106 (2024) Multi-families: $435,569 (2023) | $535,776 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.8% What’s Happening in the Market? when compared to January 2023. What does this mean for Buyers ?

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Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

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Lamacchia Realty

MARCH 28, 2023

February 2023 new hampshire housing report February Highlights The New Hampshire housing market has shown some signs of momentum, but overall February home sales remain considerably lower than last year. Instant Home Evaluation See immediately how this market is impacting your home value.

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Lamacchia Realty

APRIL 24, 2023

subject to your current home selling, a rent back, or an extended closing date), so you will not be homeless if you are in a sell/buy situation. Massachusetts home sales are down yet again compared to this time last year. 2023: 5,724 2022: 7,827 2021: 9,389 Price Reductions: The number of price reductions is down 9.8%

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Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year.

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Lamacchia Realty

FEBRUARY 22, 2023

It’ll likely be summer when we finally see home sale numbers get closer to last year’s as the beginning of 2022 exhibited sales numbers too high for 2023 to compete with. Listen to Anthony talk about the current housing market in more detail on Boston25 morning news here ! over this time last year from 6.34

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Empire Appraisal Group

SEPTEMBER 16, 2021

home prices jumped by a record amount in June as homebuyers competed for a limited supply of available houses, the latest evidence that the housing market remains red-hot. The S&P CoreLogic Case-Shiller 20-city home price index soared 19.1% Sales of existing homes rose 1.5% WASHINGTON (AP) – U.S.

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Contracts Construction Realtors Investors 78

Lamacchia Realty

APRIL 24, 2023

However, with such limited inventory, buyers are more likely to agree to certain terms during the closing process (such as subject to the sale of your current home, a rent back, or an extended closing period), which means you will not be without a place to live if you’re buying and selling at the same time. when compared to March 2022.

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Lamacchia Realty

MARCH 28, 2023

February 2023 connecticut housing report February Highlights As we move further into the year, the Connecticut housing market is showing signs of improvement, although home sales in February are still significantly lower compared to last year. Anthony explains this in more detail in a recent video.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? 2021 is one of Houston’s best years in terms of real estate growth. On a year-to-date basis, Houston home sales are 13% ahead of 2020’s record pace. With higher home values come higher rental rates.

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Will Springer Realtor

APRIL 10, 2024

Insurance companies may argue, however, that the costs are simply increasing along with home values. in homeowners insurance premiums for every $1000 of their home’s value in 2022. per $1000 of home value) but soaring elsewhere. Oklahoma, where tiny earthquakes rumble underneath homes regularly, pays $9.80

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Lamacchia Realty

MARCH 28, 2023

February 2023 south florida housing report February Highlights Single family homes sales are significantly down again in Broward, Miami-Dade and Palm Beach counties in February compared to this time last year. Instant Home Evaluation See immediately how this market is impacting your home value.

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Quicken Loans

APRIL 7, 2021

There are also some unique challenges you and your buyers might be confronting in the market now. The housing market has been red-hot for quite a while now. Sales for both new and existing homes have been on an absolute tear. Housing Market Index. Rocket Companies’ Home Value Index.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. They wonder if they missed their opportunity to buy before interest rates rise along with home values.

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Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk.

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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. “We

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