Housing Wire

NOVEMBER 18, 2022

Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month months in October 2021. Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. The median existing-home price for all housing types in October was $379,100, up 6.6%

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Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

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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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Listing Spark

SEPTEMBER 30, 2020

In short, huge demand that inventory simply can’t keep up with. 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. Everyone I talk to in the real estate industry is expecting a slow down to come eventually.

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Eppraisal

DECEMBER 14, 2021

The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.

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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. compared to 2019.".

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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. in Austin and inventory rose from 0.6 Month supply of inventory climbed from 0.8

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Real Estate Marketing Sellers Home Value 28

Eppraisal

AUGUST 9, 2022

Back then the economy dove down into a deep recession and home values plummeted. However, this time a real estate recession is not likely as prices and demand remain stable. In fact, according to an article written by Anna Bahney for CNN Business, "Home prices rose 18.8% Sound familiar?

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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. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% on top of 2021 highs."

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Marketing Home Value Real Estate Housing Market 68

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Mortgage rates dropped down to record lows that carried through much of 2021. In addition, home values and sales skyrocketed. While 2021 saw small steps toward normalcy, it by no means experienced a cool down.

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Eppraisal

SEPTEMBER 24, 2021

Real estate is cyclical year-over-year. Many real estate professionals believe it begins right after the Super Bowl. 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.

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Marketing Supply Chain Real Estate Construction 28

Housing Wire

FEBRUARY 1, 2023

Interest rates, though down slightly in recent weeks, are still double what they were at the end of 2021, and the Federal Reserve continues its monetary tightening policies to fight inflation. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Remember: real estate is hyper-local! The data below covers the “average Houston home.” Do You Want To Buy A Home Now?

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Housing Market Marketing Real Estate Realtors 68

Eppraisal

MARCH 18, 2022

It is no secret that many home buyers are having a hard time finding a home to purchase. The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021."

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Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. 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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Eppraisal

JUNE 8, 2021

Here's what to be prepared for: Competition Inventory is at its lowest point in many years. 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. Home values have risen.

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Empire Appraisal Group

NOVEMBER 23, 2022

One year earlier in 3Q 2021, Opendoor reported a loss of $57 million. Navigating a once-in-forty-years market transition has required us to operate with urgency and discipline to manage risk and overall inventory health,” Eric Wu, co-founder and CEO of Opendoor said in a statement. “In

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Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Markets with Most Qualifying Inventory. Local Investment at a Larger Scale.

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Eppraisal

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. According to Zillow.com the average home value will rise as high as 13.5%

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Sellers Real Estate Buyers Home Value 67

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

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Sellers Loan Officers Inventory Home Value 66

Eppraisal

OCTOBER 19, 2021

The real estate industry has been experiencing one of the hottest markets in history. This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing.

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Appraisal Contracts Sellers Home Value 66

Eppraisal

APRIL 12, 2022

The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. Today's current market is at 1.7

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Home Value Real Estate Buyers Realtors 36

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 housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. The recent Monthly Housing Market Trends Report from realtor.com states: “In July, newly listed homes grew by 6.5

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Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. The real estate markets in 2020 and so far in 2021 have been like no other.

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Cleveland Appraisal Blog

APRIL 29, 2021

Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. Photo by Collov Home Design on Unsplash. As a real estate appraiser, I am not endorsing the value increase percentages noted in this article.

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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. In real estate we measure supply and demand based on what we call “months’ supply of inventory.” months which is an historic low.

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Home Value Inventory Real Estate Mortgage 36

Eppraisal

APRIL 27, 2021

I t has always been said that owning a home is the American dream. According to the latest 2021 statistics from ipropertymanagement.com, "44.1 households rent their homes." Some have no other choice than to rent a home, others are qualified to purchase a home but have decided not to. million or 35.9%

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Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. To find these desirable small towns, the Realtor.com data team looked at real estate in every U.S.

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Appraisal Real Estate Valuation Contracts 85

Eppraisal

APRIL 5, 2021

Although the real estate market was not immune from the effects of business shutdowns and curtailments in 2020, neither was it hobbled: unprecedented low mortgage rates; strong millennial demand; and the flight from city to suburbs hastened buying and selling in America. This is not unique to 2021 or pandemic recovery, of course.

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Marketing Mortgage Finance Home Value 36

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Interest rates have gone up, making many people unsure about buying or selling homes. Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market.

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Real Estate Sellers New Listings Inventory 69

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

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Real Estate Marketing Home Value Inventory 36

Cornerstone

MARCH 12, 2021

But, of course, this year has been anything but typical, for our country and for real estate. Addressing today’s biggest questions in your real estate marketing plan also serves another purpose: You can help guide your clients through a competitive market, demonstrating your value and supporting a successful year ahead.

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Clients Sellers Loan Officers Real Estate 62

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. since October 2021.

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Appraisal Business Contracts Real Estate 70

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. 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. trillion in 2021.

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Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. Are you a “Want-to-Be” Seller in 2021? June 18, 2021. June 15, 2021. June 4, 2021.

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Housing Wire

JULY 25, 2022

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. Freddie Mac projects that home-price growth will average 12.8%

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Housing Market Marketing Supply Chain Real Estate 397

Raleigh Realty

JULY 12, 2022

In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? for homebuilding prospects and number two for overall real estate prospects.

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Real Estate Supply Chain Construction Home Value 78