Housing Wire

MAY 17, 2023

Incentivized by a 200 basis point decline in mortgage rates, 14 million homeowners in America refinanced their mortgages between the second quarter of 2020 and the fourth quarter of 2021, according to a recent research report by the New York Fed. If we’re going to see inventory unlocked, this is one segment it will have to come from.

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Inventory Sellers Modernization Mortgage 353

Housing Wire

AUGUST 15, 2023

Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Despite persistent inflation challenges, a volatile mortgage market and limited inventory, Keller said it was still a good time to buy a house. “It

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Agents Marketing Real Estate Housing Market 347

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. million units this year from 2021, a further downward revision from September’s projected 17.2% How should the current market impact lenders’ tech adoption?

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Contracts Modernization Housing Market Mortgage 414

Housing Wire

DECEMBER 28, 2021

“We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. What we’re starting to see is more of a cooling or a plateauing than a market correction.”. on pace for 6.29

Real Estate 440

Real Estate Realty Brokerage Realtors 440

Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. million units , and some experts say it could reach 8 million if there were more inventory. The appraisal industry faced a shortage of appraisers during the hot housing market.

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Appraisal Valuation Modernization Contracts 397

Housing Wire

NOVEMBER 17, 2022

The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. In previous expansions, builders’ housing completion data would move in line with housing starts and permits. percent)* above the October 2021 rate of 1,256,000.

Contracts 536

Contracts Construction Supply Chain Marketing 536

Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. HousingWire: What are the current challenges when it comes to affordable housing? Bill Dallas: As construction and labor costs have climbed, so, too, have home prices.

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Finance Construction Law Inventory 334

Housing Wire

JULY 16, 2021

Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years. billion following a merger and acquisition later this year.

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Lending Real Estate Real Estate Agent Modernization 434

Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Is this the beginning of a housing bubble, 2021-style? “I market during the pandemic – and there is great anticipation for strong demand.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. months’ inventory for all homes on the market and in the single-family category.

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Housing Market Marketing Buyers Real Estate 36

DW Slater Company

JUNE 16, 2022

Recent data from a NAR study reveals that institutional investors bought more than half of the homes sold in Tarrant County in 2021. Month’s Supply of Inventory. Days on Market. Lenders See Considerable Value in Appraiser Modernization – Fannie Mae. The investors either resold the homes or rented them.

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Supply Chain Real Estate Investors Appraisal 159

Lamacchia Realty

DECEMBER 11, 2023

THE HIDDEN COSTS OF SELLING YOUR HOME WITHOUT A REALTOR® There is no denying it, the housing market has been a rollercoaster over the last several years. From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change.

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Realtors Real Estate Agent Sellers Realty 71

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Features include a pool house haven, a 5,000 sq ft guest house that can be utilized as a rejuvenation center, and a cantilevered spa with an indoor/outdoor pool. from its series’ peak in March 2021.

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Appraisal Contracts Business Construction 77

Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Months of Inventory (1.2 Months of Inventory (Compared to 3.3 Months of Inventory: (down 1.4

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Real Estate Marketing Inventory Modernization 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. for single-family homes ($1.316M), astounding after YoY prices were up 35% in the 12 months ending November 2021. months of inventory. months, up from 2.1

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Inventory Construction Supply Chain Buyers 36

Appraisal Today

AUGUST 4, 2023

The forthcoming Federal Open Market Committee (FOMC) meeting, prospective interest rate hikes, robust employment figures, and slowing inflation all hint towards economic stability. However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. since October 2021.

Appraisal 71

Appraisal Business Contracts Real Estate 71

Will Springer Realtor

MAY 9, 2022

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

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Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! =

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. This year’s buying and selling campaign will be marked by increasing inventory (good!), >> Investor purchases of residential property jumped 12% year-on-year, according to Q3 2021 data from ATTOM. APRIL HOUSING UPDATE. >> U.S.

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Construction Development Inventory Buyers 36

Will Springer Realtor

MARCH 11, 2024

By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. households from 2021. In the face of mounting challenges, knowledge is power.

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Insurance Sellers Real Estate Buyers 36

Will Springer Realtor

JULY 9, 2021

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! The LGBTQ+ community is estimated to hold $1T (yes, with a T) in potential buying power in the housing market, but much of that spending opportunity has not been fully unlocked.

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Buyers Development Transportation Inventory 36

Appraisal Today

SEPTEMBER 8, 2023

Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. But that popularity did not translate into a sale, and the stately dwelling returned to the market more recently in 2021 for $35 million. And now, the chateau is again up for grabs. bath, 2,908 sq.ft.,

Appraisal 80

Appraisal Contracts Business Construction 80

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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Inventory Buyers New Listings Construction 36

Will Springer Realtor

AUGUST 9, 2021

>> The National Association of Realtors’® top economist forecast 2021 will end the year with 6.1 from April 1, 2020, to the same day in 2021, to 7.77M residents. About 57% of all new housing was classified multifamily (four or more units in one location). AUGUST HOUSING UPDATE. million home sales. months from 0.5.

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Construction Inventory Property Taxes Development 36

Appraisal Today

JULY 7, 2023

2021, was one of the first (and perhaps the most publicized). But since late 2021, a number of similar lawsuits have popped up—from North Carolina to Maryland. Everything has been fully modernized. Markets go up and down I’ve been writing for years about how normal it is for markets to go up and down.

Appraisal 76

Appraisal Real Estate Contracts Mortgage 76

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Real Estate Inventory Buyers Construction 36

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = If you have any comments or info on any topics, please hit the reply button!!

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Appraisal Business Contracts Real Estate 52

Will Springer Realtor

APRIL 8, 2021

housing markets. The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. The screws are tightening on an already tight housing market. month (or 18 days of inventory), down from 0.9

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Inventory New Listings HOA Buyers 36

Houston Properties

JULY 18, 2022

She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. Aside from the elegant houses that line River Oaks’ streets, much of the community’s beauty comes from the abundance of verdant elements in the area. 2021: Top 100 Women Leaders in Real Estate of 2021.

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Real Estate Agent Real Estate Realtors Agents 36

The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. Regardless of which sectors you consider your commercial real estate investment, it’s crucial to take stock of the housing market at large, as the macro trends will help dictate your ability to afford and gauge the mood of potential tenants.

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Real Estate Retail Investing Tenants 78