Housing Wire

JULY 25, 2023

One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. The rising costs and lack of availability of homeowners insurance has forced many homeowners and buyers to turn to Citizens Property Insurance Corporation , the state’s insurer of last resort.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

FEBRUARY 6, 2023

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front. Prior to the pandemic, buyers paid closer to 0.5

Inventory 382

Inventory Mortgage New Listings Home Value 382

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

Inventory 404

Inventory Technology Design Tools 404

Eppraisal

FEBRUARY 9, 2024

In the dynamic world of real estate, certain markets are blazing trails as magnets for millennials seeking new opportunities and lifestyles. Here are the top ten hottest housing markets that millennials are flocking to, backed by compelling statistics that underscore their appeal. The city's median home value surged by 18.4%

Housing Market 74

Housing Market Home Value Marketing Realtors 74

Lamacchia Realty

APRIL 24, 2023

ATTRACT MORE BUYERS WITH ENERGY EFFICIENT UPGRADES With monthly utility bills being a nagging cost all year long for homeowners, home buyers are more aware than ever about energy-efficient features within prospective homes. 81% of buyers desire Energy Star-rated appliances.

Buyers 63

Buyers Real Estate Agent Realty Home Value 63

Housing Wire

DECEMBER 8, 2022

Inflation and labor market are slowing down, which means that the Federal Reserve does not need to increase the federal funds rate as aggressively as it did with the 75 basis point hikes from the last four meetings. The analysis considers a buyer of a median-price home for sale today making a 10% down payment. drop in 2023.

Mortgage 382

Mortgage Home Value Construction Investors 382

Housing Wire

FEBRUARY 21, 2023

Dan was really focused on the marketing component. 13 announcement of his resignation , Farner, known as the marketing whiz behind groundbreaking “Push Button. One caveat: Farner’s successor will be tasked with getting the company on the right track amid one of the most challenging mortgage markets in decades. With the Feb.

Clients 378

Clients Mortgage Business Home Value 378

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. Things are starting to look up in 2023 with a break in mortgage rates. [00:05:15]-[00:05:31]

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Lower homeownership rates mean there will be fewer buyers. For decades, the U.S.

Legal 382

Legal Housing Market Government Buyers 382

Housing Wire

APRIL 17, 2023

Elevated mortgage rates are continuing to give homeowners a reason to stay at their current homes, according to the 2023 Borrower Insights Survey conducted by ICE Mortgage Technology. Active home buying market coming?

Mortgage 381

Mortgage Finance Investing Home Value 381

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

Market Value 74

Market Value Marketing Real Estate Agent Real Estate 74

Clear Capital

DECEMBER 14, 2022

The housing market has been kind to homeowners these last few years. The average home value has jumped 43% since late 2019, and sellers have raked in eye-popping profits because of it. As we head in 2023, the market looks very different. The post Your Home May Lose Value in 2023. That depends.

Home Value 36

Home Value Real Estate Sellers Technology 36

Housing Wire

OCTOBER 9, 2023

More than a mortgage app Developed by the company’s in-house technology team, the Rate App took two-and-a-half years to bring to market and an investment of “millions of dollars,” Ciardelli said, though he declined to provide a specific figure. He called the new additions “really, really powerful” in the current market. It feels good.”

Loan Officers 414

Loan Officers Mortgage Technology Realtors 414

Housing Wire

MAY 8, 2024

Home prices trended up in almost all U.S. In the current market, rising prices are the direct result of insufficient housing supply not meeting the full demand.” The national median single-family existing-home price sat at $389,400 during the first quarter of 2024, up 5% compared to one year ago. year over year in Q4 2023.

Marketing 510

Marketing Buyers Realtors Home Value 510

Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. A fourth quarter surge in home sales during 2019 helped lower available properties even further.

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

Eppraisal

APRIL 19, 2024

If you plan to place your house on the market, focus on changes everybody cares about while spending as little as possible on improvements. Prioritize these five swaps to boost home value and maximize your returns. Light Bulbs Upgrade to LED lighting to boost your house’s marketability.

Home Value 36

Home Value Renovations Design Real Estate Agent 36

Eppraisal

JUNE 28, 2022

The summer of 2022 real estate market is starting to slowly shift. Many home sellers that have been holding out are now listing their homes for sale in order to catch the still hot seller's real estate market. Conversely, the changes are forcing some buyers out of the market.

Marketing 36

Marketing Real Estate Sellers Inventory 36

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 75

Appraisal Real Estate Real Estate Agent Contracts 75

Lamacchia Realty

APRIL 10, 2024

How this can Decrease Value : Swimming pools can take up most of the yard space and can be expensive to maintain. A property’s value can be negatively affected if the pool is in need of a lot of repairs. For those kinds of buyers, this does add value to the property.

Law 67

Law Buyers Renovations Decorating 67

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. As we all (should) know, any person or company. can sue you for any reason at any time.! Or hit the reply button.

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

Eppraisal

FEBRUARY 10, 2023

The real estate market is expected to change in 2023. The National Association of Realtors (NAR) reports that "the median home value in 2022 was $386,300, up 10.2% " It is predicted to balance out this year but depends on the market you live in. from 2021 and the highest on record."

Technology 41

Technology Real Estate Agent Real Estate Agents 41

Lamacchia Realty

MAY 8, 2023

The possibilities are endless, but no matter what it ends up being used for, having a shed can increase the value of your home. Some potential buyers are even more attracted to a home because it has a shed! Continue reading to learn 4 ways adding a shed to your home can increase your property value: 1.

Tools 69

Tools Realty Architecture Buyers 69

Eppraisal

JANUARY 17, 2023

A licensed real estate agent can perform the analysis to determine how much your property is worth and if your monthly rent is in line with market value rents. Home values have increased by double digit percentages year-over-year over the past couple years. Considering selling? National median prices rose 15.7%

Investing 36

Investing Real Estate Landlords Investors 36

Housing Wire

NOVEMBER 30, 2023

Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. Once approved, you can then apply to take the state and national portions of the Ohio licensing exam. [3]

Real Estate 424

Real Estate Real Estate Agent Brokerage Agents 424

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. The housing market won’t be like this forever.

Housing Market 513

Housing Market Marketing Supply Chain Mortgage 513

Housing Wire

JANUARY 3, 2024

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. Pecos-Barstow-Toyah ISD in West Texas is spent $16.6

Landlords 457

Landlords Home Value Construction Renovations 457

Eppraisal

JANUARY 24, 2023

Per the National Association of Realtors (NAR), land value for these zoning classifications will climb between three and five percent between 2023 and 2024. Even holding it for a short while can be profitable down the road when the real estate market improves and home values rise. What are the zoning rules?

Development 36

Development Easement Real Estate Home Value 36

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. Builders will continue to target first-time home buyers with incentives. Episode Highlights.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” to 3%) and buyer’s broker (2.5 This is the equivalent of $36.85

Real Estate Agent 414

Real Estate Agent Real Estate Agents Brokerage 414

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted. .”

Housing Market 370

Housing Market Marketing Construction Inventory 370

Appraisal Buzz

APRIL 2, 2024

percent of those markets. in the fourth quarter of 2023 as expenses commonly have dropped almost 3% while wages have remained flat nationwide. With home values mostly up annually throughout the U.S., Home ownership on the northeast and west coasts still eats up largest chunk of wages, ATTOM says.

Property Taxes 195

Property Taxes Insurance Home Value Buyers 195

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 14.3% year over year, with October 2023 at 5,613 compared to 6,553 last October. 2023: 6,586 2022: 6,585 2021: 8,136 Pending Home Sales: The number of homes placed under contract is down by 6.3%

Sellers 65

Sellers Real Estate Buyers Inventory 65

Will Springer Realtor

MARCH 7, 2023

That’s why it can be difficult to stomach the notification card that can arrive in the mail around this time of year informing property owners of their 2023 tax obligations. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Listing Spark

SEPTEMBER 25, 2023

Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. The big twist?

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 connecticut housing report CONNECTICUT Home Sales Down, Average Prices Up Home sales are down 12.9% year over year, with November 2023 at 2,732 compared to 3,138 last November. Single families: 2,402 (2022) | 2,109 (2023) Condominiums: 736 (2022) | 623 (2023) Average sales price has increased by 8.2%

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 11.2% year over year, with November 2023 at 5,397 compared to 6,078 last November. 2023: 4,691 2022: 5,333 2021: 7,485 Price Reductions: The number of price reductions is down 4% when compared to November 2022.

Real Estate 63

Real Estate Sellers Buyers Realtors 63