Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? Real estate agents are known to wear multiple hats all the time and to bootstrap themselves more often than one could imagine.

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Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

APRIL 27, 2023

For the first time since November 2022, pending home sales fell in March, posting a 5.2% An index of 100 is equal to the level of contract activity in 2001. In the new construction sector , NAR predicts sales to increase 4.5% The monthly drop resulted in the Pending Home Sales Index recording a reading of 78.9, year over year.

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Inventory Realtors Contracts Construction 420

Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. Judge Stephen R. Bough of U.S.

Real Estate 315

Real Estate Brokerage Buyers Property Management 315

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 83

Housing Wire

DECEMBER 4, 2020

once we get out to 2022, but we are expecting mortgage rates over the next three years to be far less than they’ve been in the last decade.”. There are a little over 20 million home mortgages outstanding, with a contract interest rate of 4% or higher still in the United States,” he said.

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Mortgage Contracts Construction Inventory 512

Housing Wire

FEBRUARY 3, 2023

The loan program can’t be extended, relocked or renegotiated until after the lender receives a fully executed sales contract and is only eligible for up to 30 days of extension. billion in volume in 2022, down 56% from the previous year’s production of $78.13 Guaranteed Rate originated $34.38 About 71.2%

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Loan Officers Buyers Contracts Mortgage 355

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. Increased homebuilding will tame price growth, while limited construction will lead to home price appreciation outpacing income growth.” On the flip side, newly constructed home sales are forecast to increase 12.3% from 2022 to 2023, to 1.47

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Construction Inventory Realtors Housing Market 362

Hank Miller Team

DECEMBER 17, 2021

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. It's not a rosy outlook; expect home buyer frustration to increase in 2022. A few caveats; everything real estate is hyper local. And with that….

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Buyers Supply Chain Inventory Real Estate 98

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. After posting a 2.5% compared to a year ago. in 2023 and 5.4%

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Housing Market Realtors Contracts Buyers 423

Raleigh Realty

JULY 31, 2022

This is one of the steps that happen after you go under contract and sometimes can happen prior to. At the end of this inspection period repairs, financial concessions, or other negotiations may occur before entering the final phase of the contract. Most inspectors will also check for Polybutylene pipes.

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The Robert Weiler Company

SEPTEMBER 9, 2022

And there is less competition when buying land than other real estate markets. Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution.

Real Estate 78

Real Estate Buyers Contracts Development 78

Housing Wire

JUNE 7, 2022

Fannie Mae’s Economic and Strategic Research (ESR) Group had forecast a slowdown in home sales for the second and third quarters of 2022, followed by a softening in construction activity and a noticeable deceleration in home price growth. .

Mortgage 381

Mortgage Housing Market Contracts Construction 381

Appraisal Today

OCTOBER 7, 2022

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. September 28, 2022. September 27, 2022. To read more of this long blog post with many topics, click Read More Below!!

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Appraisal Contracts Architecture Housing Market 52

Empire Appraisal Group

SEPTEMBER 8, 2022

The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). Nowhere in Sight. Source: U.S. The post U.S.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Appraisal Today

APRIL 5, 2024

A Black couple in Baltimore – Dr. Connolly and Dr. Mott, both university professors – filed suit in August 2022 alleging racial discrimination against loanDepot.com and the appraiser it engaged to appraise their home for a refinance. Appraisers should consider the potential impact, especially in markets with significant new construction.

Appraisal 75

Appraisal Contracts Business Construction 75

The Robert Weiler Company

APRIL 5, 2023

The pandemic created a spike in e-commerce sales and the need for data centers, transforming the industrial real estate market both nationally and locally, in Columbus, Ohio. Industrial real estate investors and developers can’t add new properties to the market fast enough. Consider subleasing.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

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Appraisal Renovations Real Estate Valuation 50

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable?

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Appraisal Real Estate Contracts Design 66

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Residential construction costs started to moderate this period.

Mortgage 387

Mortgage Real Estate Inventory Construction 387

Housing Wire

MAY 19, 2022

Fannie Mae’s Economic and Strategic Research (ESR) Group dropped its projected 2022 real GDP to 1.3%, 0.8 It sees the second quarter of growth rebounding to 1.6%, despite the economy contracting 1.4% The post Fannie Mae reduces projected 2022 GDP to 1.3% percentage points lower than its previous forecast.

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Contracts Mortgage Construction Development 418

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. We have never seen a pandemic real estate market before. I listened to him for many years about real estate economics. No one did.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

SEPTEMBER 22, 2023

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. They included appraisers, real estate agents, and someone with a week, a month, or online video training.

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Appraisal Training Inspection Real Estate 85

Housing Wire

MARCH 17, 2022

Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. So far, housing construction has done well during 2020-2022 considering the economic drama. Today, the U.S.

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Construction Housing Market Inventory Buyers 463

Appraisal Today

MARCH 22, 2024

It’s been on and off the market since 2022, with a top asking price of $33.8 This is Ann O’Rourke & Associates, real estate appraisers. Almost $22 trillion in residential real estate is in danger of flooding, wind damage, wildfires, heat, or hazardous air quality. Excerpts: 10 bedrooms, 14.5+

Appraisal 65

Appraisal Contracts Business Insurance 65

Appraisal Today

FEBRUARY 23, 2024

The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. Challenging– No one said it was easy to become an appraiser or to appraise real estate. I find myself scouring 2021 onward especially.

Appraisal 67

Appraisal Real Estate Contracts Reconsideration of Value 67

Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. homes are worth $1 million or more, near June 2022’s all-time high of 8.6%. percent, matching October 2022’s rate and the highest rate since 2001,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. Just over 8% of U.S.

Appraisal 73

Appraisal Contracts Inspection Real Estate 73

Appraisal Today

JULY 1, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market decline in listing prices, land issues, unusual homes, mortgage origination stats, etc. =. Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? 2022 E&O Insurance Brokers.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Appraisal Today

JULY 21, 2023

July 18, 2023 By Ryan Lundquist Excerpts: Some areas have more pools than others Real estate is about location. Shortly after, Oatman Architects was brought on for the construction, which wrapped three years later in 2013. I had recently obtained my MBA and got a job with a biotech company managing their real estate.

Appraisal 88

Appraisal Real Estate Contracts Business 88

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. Atlanta Home Prices Q2 2023 The MSM was ebullient, just delighted when the housing market hit the brakes in the last half of 2022. Fewer buyers, fewer contract and sales.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. trillion in 2022, down significantly from last year’s $4 trillion.

Mortgage 384

Mortgage Construction Lending Real Estate 384

Housing Wire

OCTOBER 4, 2023

Census Bureau shows how the business landscapes changed for homebuilders , lessors, agents , brokerages and other real estate professionals in the first full year after the pandemic began. Lessors The picture was far less rosy for real estate lessors (typically landlords and real estate investment trusts ) in 2021.

Landlords 394

Landlords Agents Brokerage Supply Chain 394

Appraisal Today

OCTOBER 20, 2023

At that time, the real estate market was still being wildly affected by the COVID pandemic. In June of 2022, one year after completing the original appraisal report, I received an email from the AMC stating the lender had received a repurchase demand from Fannie Mae. The appraisal was ordered by an AMC on behalf of a lender.

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Appraisal Design Contracts Inspection 70

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. But by mid-2022, they shot up to over 6%. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

DECEMBER 19, 2022

With construction costs up more than 30% since inflation began to take off at the beginning of the year, there is little room for builders to cut prices,” NAHB chairman Jerry Konter said in a statement. Looking ahead, Dietz recommended that builders plan one year or more out when thinking about land and construction timelines.

Contracts 405

Contracts Construction Buyers Housing Market 405

Housing Wire

JULY 25, 2022

Fannie Mae ’s Economic and Strategic Research Group also released a recent report that projects year-over-year growth in home-price appreciation for 2022 will reach 16%. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Appraisal Today

JUNE 10, 2022

Not much work probably compared with 2020-2022. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. How to get referrals from real estate agents. Jun 7, 2022. This is the past.

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Appraisal Contracts Business Mortgage 52