Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Interest rates have gone up, making many people unsure about buying or selling homes. Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market.

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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. 0:03:13] Austin Real Estate Market Sees Sharp Decline in Sales and Prices in 2022.

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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. A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects. And they can always appeal the amount.

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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. million bond to purchase property to construct affordable housing for teachers and staff.

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Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. 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. Which doesn’t seem too bad.

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Appraisal Today

MARCH 22, 2024

Updated Unacceptable Appraisal Practices (bias words) – the overall occurrence rate which has declined from 0.15% of appraisal reports in 2021 to just 0.03% in 2023 (see Figure 1). This is Ann O’Rourke & Associates, real estate appraisers. Excerpts: Nearly half of all homes in the U.S., Thanks for calling.

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Listing Spark

MARCH 9, 2023

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential.

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Housing Wire

JULY 25, 2022

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. Freddie Mac projects that home-price growth will average 12.8% in 2022 but will drop to 4% in 2023. By comparison, home-price growth was 17.8%

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Appraisal Today

FEBRUARY 23, 2024

NOTE: Please scroll down to read the other topics in this long blog post on residential fee appraiser testifies at bias hearing, what happens to Fannie complaints, Why I love real estate appraising, unusual homes, mortgage origination stats, etc. == Concrete Chateau Artisan Rising From a Lake in Miami FL Is Available for $21.8M

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Housing Wire

APRIL 12, 2024

The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. In fact, following an initial jump in foreclosure activity in 2022 and early 2023, the foreclosure rate in most areas has declined. foreclosure rate at 0.3%

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. May 17, 2023) — Mortgage applications decreased 5.7

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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. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

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Housing Wire

DECEMBER 1, 2022

“Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”. million in 2023 from 5.67

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Appraisal Today

FEBRUARY 24, 2023

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. Budget cuts. Retraction. Or hit the reply button.

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Appraisal Today

APRIL 14, 2023

NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc. Excerpt: The most coveted pieces of real estate are often found directly on the water. per month, $24.75 Worth reading.

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Appraisal Today

JUNE 10, 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. ==. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. Should you do lender work?

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Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. The National Association of Home Builders (NAHB) also recognizes the potential of the build-for-rent (BFR) sector. In addition, JP Morgan Chase & Co.

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Housing Wire

AUGUST 8, 2023

The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. Targeting jumbos made sense for Busch as he is based in Washington, D.C.,

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Housing Wire

APRIL 27, 2023

Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state. Salmanson is CEO of Cherre , a fintech that works with major players in the real estate market, including insurers, asset managers, lenders and SFR operators.

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Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. Puget Sound Business Journal this month described Bellevue’s real estate market as “arguably the West Coast’s hottest.”. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue.

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Clear Capital

JANUARY 31, 2022

North Carolina did will, with Raleigh real estate rising 33% and Charlotte rising 27%. 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. Freddie Mac is forecasting home price appreciation to slow to 6.2%

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Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. They voted to allow up to six dwellings in areas close to transit and up to four in other areas that previously only permitted one home per parcel.

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Appraisal Today

DECEMBER 23, 2022

Home type: Single family. Home value (with no comps, not even close to 30!). This situation is very common in estate appraisals, where the home needs work before putting on the market. Sometimes they don’t trust real estate agents. Also, the home will sell quicker. Floor size: 2,500 sqft.

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Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. Or only the ultra-wealthy are going to be able to afford homes.”

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Will Springer Realtor

DECEMBER 8, 2021

One consumer segment will have longer to wait for its “supply chain” to be repaired – residential real estate. “Of While the supply of homes for sale has increased modestly since the spring, it remains well below pre-pandemic levels and the outlook offers no quick fixes for the shortage,” the report issued in October said.

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Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . by the end of 2023,” the MBA’s December market-forecast report states.

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