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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Real Estate Agent Real Estate Agents Sellers 68

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. It's never too early to start preparing to purchase your first home.

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Home Value Real Estate Buyers Realtors 36

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. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Again, good news for sellers; a headache for seekers.

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Real Estate Supply Chain Marketing Inventory 67

Eppraisal

OCTOBER 19, 2021

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. Appraisers are more in control of home values than many people think.

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Appraisal Contracts Sellers Home Value 66

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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Housing Market Marketing Inventory Loan Officers 49

Eppraisal

MAY 12, 2021

If you're in the market to buy a home right now, you're probably finding out that it's not easy. According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes.

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Sellers Real Estate Buyers Home Value 67

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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Property Taxes Home Value Landlords Insurance 50

Eppraisal

OCTOBER 2, 2021

The real estate markets in 2020 and so far in 2021 have been like no other. The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. Inventory of homes available are historically low.

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Agents Real Estate Agent Marketing Real Estate 36

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. What happens if I sell my house and can’t find a new home to buy?

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Clients Sellers Loan Officers Real Estate 62

Housing Wire

MARCH 9, 2022

trillion in housing wealth, according to a new study by the National Association of Realtors , released on Wednesday. Despite this decrease, some markets such as Los Angeles and New York, still saw housing wealth rise due to increasing home prices. From 2010 to 2020, middle-income households gained $2.1 in 2010.

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Home Value Realtors Marketing Inventory 441

Listing Spark

OCTOBER 13, 2022

The Austin market has cooled down significantly since 2021 and early 2022. There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. If you look back in 2008, we had this absolutely massive amount of inventory. It was crazy.

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Housing Market Real Estate Marketing Buyers 36

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. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers.

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Appraisal Real Estate Valuation Contracts 85

Cleveland Appraisal Blog

OCTOBER 1, 2021

This week, I am also working on a new Home Value Stories podcast episode. When you’re downsizing your home with a pet as your roommate, your animal may experience anxiety and uncertainty during the entire moving process. Shelby County Luxury Home Market Update – 2021 – Birmingham Appraisal Blog.

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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% when compared to November 2022.

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Real Estate Sellers Home Value Buyers 59

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 Buyers ? What does this mean for Sellers ?

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Real Estate Sellers Buyers Realtors 65

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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Real Estate Sellers Buyers Realtors 58

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market.

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Marketing Real Estate Investing Retail 78

Empire Appraisal Group

OCTOBER 28, 2021

Home prices nationwide increased year-over-year by 18% in July 2021, the largest annual growth that CoreLogic Home Price Index has measured in its 45-year history. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Why home price growth will slow.

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Inventory Housing Market Construction Real Estate 78

Lamacchia Realty

MARCH 28, 2023

However, the sooner you list your home, the more you will sell it for versus waiting a few more months. Right now, inventory is near its lowest, but there are serious buyers in the market looking to purchase. Once inventory starts to rise, that advantage weakens. MASSACHUSETTS Home Sales Down 22.8% Sales are down 22.8%

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Sellers Inventory Buyers Real Estate 70

Listing Spark

SEPTEMBER 25, 2023

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Financially secure homeowners are firmly anchored to their homes with interest rates at 3% or 4%, and they are unwilling to trade that security in an uncertain market for rates north of 7%.

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Real Estate Sellers New Listings Inventory 69

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. It was an inevitable end to arguably the greatest run-up in home values in history. trillion in 2021. Some markets were affected more than others.

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Real Estate Sellers Home Value Inventory 36

Houston Properties

JANUARY 12, 2022

A study of 400,000+ Houston home sales over two decades shows five major investment themes that have worked very well for homeowners (even if they paid “high prices” at the time). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. I May Need To Sell. What Should I Do?

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Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

MARCH 28, 2023

Many sellers are hesitating to list their homes to keep their low, pandemic mortgage rate, but we are starting to see an increase in homes listed meaning more options and therefore less competition in the market. Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months.

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Sellers Inventory Buyers Real Estate 52

Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels.

Marketing 63

Marketing Sellers Buyers Inventory 63

Lamacchia Realty

DECEMBER 21, 2023

An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices. What does this mean for Buyers ? What’s next?

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New Listings Real Estate Inventory Sellers 54

Cornerstone

MARCH 3, 2021

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. percent in 2021. Experts project that home values will continue to increase throughout the year. This chart paints a clearer picture: How can you make sure your home is priced to sell? Ready to sell?

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Sellers Bracketing Buyers Inventory 55

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Interestingly in Connecticut, year-over-year inventory levels are at their lowest since 2017 which varies from states like MA and NH. CONNECTICUT Home Sales Down 25.3%

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Sellers Buyers Inventory Real Estate 55

Clear Capital

JANUARY 31, 2022

The January 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 This is an enormous amount of stimulus, and it helped drive the 20% increase in home values last year, as well as the big increase in the stock market. months’ worth of inventory at the current pace.

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Marketing Real Estate Inventory Housing Market 69

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.

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Real Estate Buyers Sellers Insurance 36

Lamacchia Realty

FEBRUARY 22, 2023

Nationally, the National Association of REALTORS® (NAR) reports that existing home sales are down 36.9% The key to selling your home quickly and for the most money will be pricing your home competitively for this current market. over this time last year from 6.34 million to 4.00 less demand, more supply).

Real Estate 71

Real Estate Sellers Contracts Buyers 71

Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

DECEMBER 8, 2021

Every year loan limits established for mortgage backers like Fannie Mae and Freddie Mac are reviewed and adjusted according to regional home values. households were formed between 2012 and June 2021 but just 7M new single-family homes were built in that time. short of providing homes for purchase to those who want one. >>

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Sellers Marketing Supply Chain Construction 36