Housing Wire

JULY 25, 2023

The number of property insurance lawsuits in the state skyrocketed – in 2023 alone, the state is on track to have more than 130,000 property policy lawsuits, accounting for 79% of all property insurance lawsuits filed nationwide. times their hourly billing rate should the court rule in favor of the policy holder.

Insurance 344

Insurance Housing Market Marketing Agents 344

Empire Appraisal Group

FEBRUARY 23, 2023

Top State for 2022 Home Value Increases | Florida Realtors Fla. Top State for 2022 Home Value Increases By Dylan Abad Analysis finds Fla. home prices rose 17.27% last year, the most in the U.S., But in last-place Idaho, values sank 0.18%. The 17.27% change in value outpaced every other state in the nation.

Home Value 78

Home Value Real Estate Housing Market Real Estate Agent 78

Housing Wire

JUNE 7, 2024

Mortgaged properties account for 62% of all residential homes in the U.S., With home prices continuing to reach new highs, owners are also seeing their equity approach the historic peaks of 2023, close to a total of $305,000 per owner,” Selma Hepp , chief economist at CoreLogic, said in a statement. according to CoreLogic.

HOA 407

HOA Home Value Insurance Mortgage 407

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values.

Inventory 403

Inventory Home Value Housing Market Buyers 403

Housing Wire

NOVEMBER 28, 2023

The regulator compares home prices year over year and adjusts the limit by the corresponding amount. In 2022, the housing market was a little hotter than this year due to lower mortgage rates, pushing home prices up. Ultimately, the FHFA announced a 12.21% increase in loan limits for 2023.

Finance 529

Finance Government Law Mortgage 529

Housing Wire

MARCH 13, 2024

million Americans in 2023. homes, valued at $19.7 “It’s important for people to fully understand the climate risks that a home faces not only in the present, but in the future, so they can make the most informed decision for one of the biggest purchases and investments they will make in their life.”

Tools 397

Tools Insurance Home Value Technology 397

Eppraisal

FEBRUARY 9, 2024

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% The city's median home value surged by 18.4% The city's job market expanded by 2.4% Census Bureau.

Housing Market 74

Housing Market Home Value Marketing Realtors 74

Housing Wire

JANUARY 2, 2023

With the Federal Reserve expected to continue increasing interest rates in 2023, albeit at a slower pace, Lazzara said he expects the decline in home price growth to continue. “As As the Federal Reserve moves interest rates higher, mortgage financing becomes more expensive and housing becomes less affordable,” Lazzara said.

Home Value 369

Home Value Housing Market Contracts Sellers 369

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

Real Estate 414

Real Estate Law Property Taxes Marketing 414

Housing Wire

NOVEMBER 14, 2023

In fact, the share of work done from home increased from 8% in 2019 to 30% in 2023 – a rate at which remote work appears to be stabilizing. cities, wage inequality and housing markets in general. More expensive cities, such as San Francisco, still hold median home value at about $1.4

Housing Market 383

Housing Market Development Marketing Real Estate 383

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.

Home Value 36

Home Value Real Estate Sellers Technology 36

Housing Wire

APRIL 24, 2023

Less demand for homes will cause home values to drop in many neighborhoods. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. GDP, roughly $3 trillion. For decades, the U.S.

Legal 323

Legal Housing Market Government Buyers 323

Housing Wire

APRIL 4, 2024

property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 million single-family homes in the U.S. The yearly growth rate for property taxes in 2023 was 6.9% amid a combination of declining home values and rising tax bills,” according to an Attom news release.

Property Taxes 369

Property Taxes Home Value Real Estate Valuation 369

Housing Wire

FEBRUARY 27, 2023

Per the report, Black homeowners saw their home values increase by 42.5% from February 2020 to January 2023, compared to 38.5% for overall home values and 37.8% for white-owned home values. On the other hand, the values of Hispanic and Asian-owned homes increased by 38.3%

Home Value 354

Home Value Marketing Appraisal Mortgage 354

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. economy, especially the mortgage and housing sector.

Housing Market 510

Housing Market Marketing Supply Chain Mortgage 510

Eppraisal

APRIL 23, 2024

These are the factors influencing the latest homeowner trends for younger generations and average home values. The Real Estate Market Creates More Competitive Home Values Baby boomers only had to compete with other prospective homeowners when they bought their starter homes.

Modernization 36

Modernization Home Value Landlords Open Houses 36

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 391

Housing Market Marketing Supply Chain Real Estate 391

Housing Wire

MARCH 15, 2024

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. The typical home in the U.S. was worth $349,216 in February, according to the Zillow Home Value Index. compared to February of 2023. That’s up 4.2%

New Listings 437

New Listings Inventory Home Value Contracts 437

D Fritz Appraisals

DECEMBER 16, 2022

Between 2021 and 2022, house prices in BC rose by an average of 23.3% With BC Assessments predicting that property assessments will rise between 5% and 15% for 2023, it’s no wonder homeowners are concerned about how these cumulative increases will affect their BC tax assessment. with the increase even steeper in Victoria.

Property Taxes 110

Property Taxes Valuation Appraisal Real Estate 110

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. ” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.”

Housing Market 320

Housing Market Marketing Construction Inventory 320

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. Average Days on Market.

Housing Market 83

Housing Market Marketing Inventory Sellers 83

Housing Wire

MARCH 25, 2024

In 2023, homeowners insurance premiums consumed 3.1% In 2018, the average borrower paid $1,081 per year for a single-family, owner-occupied home with a conventional 30-year fixed-rate mortgage. But by 2023, this figure surged to $1,522 — an increase of 10.8% per $1,000 of their home’s value in 2023, compared to $4.70

Insurance 357

Insurance Home Value Mortgage Marketing 357

Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

Landlords 429

Landlords Home Value Construction Renovations 429

Appraisal Today

JUNE 23, 2023

I’m always looking for something new ;> If you are a paid subscriber and did not get the June 2023 issue emailed on Thursday, June 1, please email info@appraisaltoday.com , and we will send it to you!! A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure.

Appraisal 86

Appraisal Real Estate Valuation Contracts 86

Housing Wire

MAY 8, 2024

Out of 221 metro markets analyzed, 205 (93%) posted yearly home price gains in Q1 2024, while 30% experienced double-digit price gains during the same period — up from 15% in the fourth quarter of 2023 — according to the National Association of Realtors ’ (NAR) newest quarterly report. year over year in Q4 2023.

Marketing 492

Marketing Buyers Realtors Home Value 492

Housing Wire

JANUARY 9, 2023

“With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. on an annualized basis, according to Fannie Mae , to as much as 20%, according to some market forecasts.

Housing Market 544

Housing Market Marketing Construction Development 544

Eppraisal

JUNE 28, 2022

The monthly payments on homes they used to be able to afford with lower interest rates, are now not affordable. Home Sales Many home sellers have been holding out listing their homes for sale in order to maximize their home values. This is because home prices keep rising.

Marketing 36

Marketing Real Estate Sellers Inventory 36

Housing Wire

DECEMBER 26, 2023

house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. In fact, home prices climbed 6.3% from October 2022 to October 2023, compared to 5.5% Meanwhile, home prices in the Mountain division were 2.6% in the Middle Atlantic division.

Home Value 443

Home Value Finance Housing Market Real Estate 443

Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. Uncover current economic trends and insights—written from an appraiser’s standpoint—in this mid-year analysis for 2023. Take charge of your business.

Appraisal 71

Appraisal Business Contracts Real Estate 71

Housing Wire

NOVEMBER 30, 2023

If you are a licensee from a state that does not have reciprocity with Ohio, the passage of Senate Bill 131 in January of 2023 means it is a cooperative state in terms of portability. [15] over the past year 6 days is the average time it takes for an Ohio home to go to pending [18] How much money does an Ohio real estate agent make?

Real Estate 362

Real Estate Real Estate Agent Brokerage Agents 362

Listing Spark

SEPTEMBER 25, 2023

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. Here are five of the biggest change in the Texas Real Estate market. At least, not yet.

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. 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2%

Real Estate 53

Real Estate Sellers Home Value Buyers 53

Housing Wire

OCTOBER 9, 2023

According to ZipRecruiter, a real estate agent working in Illinois earns $76,653 per year on average, as of Sep 27, 2023. 21] [22] Illinois housing prices: By the numbers $252,134 is the value of the average Illinois home, which is a 2.5% Number of Realtors in the USA by State | 2023” [link] ZipRecruiter.com.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Brokerage 368

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: 485 2022: 505 2021: 412 Data provided by Warren Group & MLSPIN then compared to the prior year.

Real Estate 59

Real Estate Sellers Buyers Realtors 59

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 new hampshire housing report NEW HAMPSHIRE Home Sales Down, Average Prices Up Home sales are down 4.9% year over year, with November 2023 at 1,460 compared to 1,535 last November. 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 53

Real Estate Sellers Buyers Realtors 53

Lamacchia Realty

MARCH 28, 2023

February 2023 massachusetts housing report February Highlights The Massachusetts housing market is beginning to pick up as we head further into the year, but home sales are still down significantly in February compared to this time last year. MASSACHUSETTS Home Sales Down 22.8% Sales are down 22.8%

Sellers 65

Sellers Inventory Buyers Real Estate 65

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

Sellers 53

Sellers Real Estate Inventory Buyers 53