Housing Wire

JANUARY 2, 2023

These declines, of course, came after very strong price increases in late 2021 and the first half of 2022,” Craig Lazzara, the managing director of S&P DJI , said in a statement. In September , the index recorded a year-over-year increase of 10.7%. Month over month, the U.S. National Index was down 0.5%.

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Home Value Housing Market Contracts Sellers 393

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. Do You Want To Buy A Home Now? Avoid 9 Costly Mistakes Sellers Make.

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Housing Market Marketing Real Estate Realtors 68

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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Marketing Government Mortgage Sellers 410

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. Here’s a closer look at which four factors are creating this never-before-seen market. Climbing home prices.

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Housing Market Marketing Inventory Loan Officers 49

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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Marketing Home Value Real Estate Housing Market 68

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. How to vet real estate agents as a seller.

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Housing Market Real Estate Marketing Buyers 36

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 Market Marketing Supply Chain Mortgage 517

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

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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Real Estate Buyers Investors Home Value 88

Cornerstone

APRIL 30, 2021

It’s an ideal time for sellers to take advantage. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Sellers who may have been reluctant to list in the past few years are now considering it. But with rates still around record lows, homebuyer demand is even greater.

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Sellers Buyers Inventory Loan Officers 66

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 Market Marketing Supply Chain Real Estate 397

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Unlike the years leading up to 2008, today’s market has been filled with excessive bidding wars. And what happens when the contract price is above the market value? Who would have predicted the events of 2020-2021?

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Inventory Market Value Appraisal Contracts 243

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% Metro results for home sellers.

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Sellers Investing Housing Market Real Estate 401

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. In a market this competitive, a seller has an advantage.

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Clients Sellers Loan Officers Real Estate 62

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. percent or so. This can impact monthly cash flow considerably.

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Real Estate Supply Chain Marketing Inventory 67

Listing Spark

SEPTEMBER 30, 2020

That’s great news if you are a seller though. . 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. Will it happen Q1 or Q2 of 2021? I am a fan of a more balanced market with a predictable level of sanity.

Real Estate 69

Real Estate Marketing Inventory New Listings 69

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 Market Marketing Inventory Sellers 80

Lamacchia Realty

JUNE 21, 2021

A large percentage of the buyers that were fighting over homes in the winter and spring have found their homes, or some have decided to wait incorrectly thinking that it’ll be easier next spring. The chart below shows the percentage of homes placed under agreement out of the total number of homes on the market on a weekly basis.

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Buyers Inventory Sellers Open Houses 36

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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Housing Market Inventory Home Value Marketing 368

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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Appraisal Real Estate Valuation Contracts 85

Housing Wire

MARCH 9, 2022

Despite this decrease, some markets such as Los Angeles and New York, still saw housing wealth rise due to increasing home prices. “Middle-income households in these growing markets have seen phenomenal gains in price appreciation,” NAR chief economist Lawrence Yun said in a statement. in 2010.

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Home Value Realtors Marketing Inventory 441

Housing Wire

MARCH 10, 2021

In a study of counties that have seen the largest uptick of homebuyers – and, subsequently, home value – the top 10 are all in either vacation destinations or relatively affordable suburbs of big cities. Home prices increased 36% year over year. “It’s difficult for sellers.

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Real Estate Real Estate Agent Agents Home Value 545

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 Business Contracts Real Estate 70

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Here are five of the biggest change in the Texas Real Estate market.

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Real Estate Sellers New Listings Inventory 69

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 Sellers ?

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Real Estate Sellers Home Value Buyers 57

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. What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

FEBRUARY 23, 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. What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 55

Sellers Real Estate Buyers Inventory 55

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 does this mean for Sellers ?

Real Estate 64

Real Estate Sellers Buyers Realtors 64

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.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

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. What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 62

Sellers Real Estate Buyers Inventory 62

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. What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 59

Sellers Real Estate Buyers Inventory 59

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. Also, we are starting to see more sellers list their homes (i.e.,

Sellers 69

Sellers Inventory Buyers Real Estate 69

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%

Real Estate 57

Real Estate Sellers Buyers Realtors 57

Appraisal Buzz

AUGUST 29, 2022

Market prices for purchased and rented homes are through the roof, with no clear end in sight. More people are searching for homes than there are houses available. This supply and demand issue made property prices skyrocket, with few able to afford what sellers were asking. The Current Housing Crisis.

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Transportation Law Investing Investors 370

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. What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 53

Sellers Real Estate Buyers Inventory 53

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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Sellers Real Estate Inventory Buyers 58