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. 2021 is projected to have the most home sales since the 2006 housing bubble, with the U.S. on pace for 6.29 on pace for 6.29

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Appraisal Buzz

DECEMBER 27, 2021

million units , and some experts say it could reach 8 million if there were more inventory. Five months later, the frequency increased to 19%, leaving homebuyers to either pay more out of pocket or request the seller to lower their asking price. Shifting Toward Modernization. Total year-end sales volume ended at 5.64

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Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. These give an out-of-the-box and modern look to your room. April 8, 2021. February 4, 2021. Seller Resources. April 8, 2021. The post Home Renovations in 2021 first appeared on Lamacchia Realty. Choose your color, grab some brushes and go to town! Spruce up those windows.

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Lamacchia Realty

DECEMBER 11, 2023

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. According to the National Association of REALTORS® , 10% of homes sold in 2021 were FSBO. Real estate agents are far more in tune with the current market.

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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 (1.2 Months of Inventory (Compared to 3.3 Dallas/Fort Worth.

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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. in existing-home sales April 2020-March 2021. A drying up of listings sent inventory figures lower.

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Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Appraisers must consider regional economic conditions, inventory levels, and buyer sentiment when evaluating properties. from its series’ peak in March 2021. built in 1825 Excerpts: 8 bedrooms, 5.5+ baths, 6,263 square feet, 2.23

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Will Springer Realtor

JULY 8, 2022

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. The second half of the year will look much different than 2021. home sales has fallen from 31% in May 2021 to 27% today. Closing costs for U.S.

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Will Springer Realtor

MARCH 11, 2024

This includes diligent inquiries into the current insurance and utility expenses from sellers, alongside documenting the age and expected lifespan of crucial home components, from plumbing and electrical systems to major appliances and roofs. Prospective home sellers are smart people. households from 2021. ELECTION YEAR EFFECT?

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Appraisal Today

AUGUST 4, 2023

However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. Unless there are improvements in affordability and inventory, the market dynamics will likely stay consistent. since October 2021. The Consumer Price Index (CPI) rose by 0.2% On the other hand, the FHA/HUD 4000.1[II.D.4.(3)(c)]

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Appraisal Business Contracts Real Estate 71

Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. 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! . >> A full 53% of 2021 vacation-home sales have involved all cash.

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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 months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4

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Will Springer Realtor

APRIL 11, 2022

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. was expected to be the busiest with a forecast 23% increase from December 2021 to December 2022. THE IMPACT OF SURGING RATES.

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Will Springer Realtor

MAY 9, 2022

The latest survey took place June 2020-October 2021 and asked 2700 adults in King, Pierce and Snohomish counties. >> The 323,465 flipped single-family, condo and townhomes in 2021 is the highest number since 2006 and represented 5.5% Inventories rose in the past month across the county (0.8 That’s down from 12.9%

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Architecture Design Buyers 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. Months of inventory improved slightly from June but remain extremely low. Among single-family homes, county inventory increased to 0.6 The state grew 1.5%

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Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. In a survey covering the 12 months ending mid-2021, 9% of all home sales were bought by couples who have not exchanged marriage vows. New York City is No. 1 ($8602), followed by San Jose, Calif.

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Design Construction Development Property Taxes 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. Among that group, 10% of current owners plan to put their homes on the market in 2021, translating into about 1.5 month total inventory (blue): Reasons for the lack of homes today are varied and often cited in this newsletter.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

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. in Q1 of 2021 and is the highest rate of home flipping in the 21 st century. Inventory levels are mounting in King, now at 1.9 That’s up from 4.9%

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. That, in turn, will finally move the market forward with additional sellers and buyers. The seemingly mundane asphalt-covered piece of real estate silently champions the ebb and flow of modern living. List: $10.25M ($2362/sq.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The inventory numbers bear that out, as each area of the county experienced a decline in available homes even while listings rose by about 42% month-to-month for all home types. STATE CAPITAL UPDATE.

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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. Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. percent in the second quarter of 2021. Otherwise, the proximity to these transit connections would be useless.

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