Housing Wire

MAY 8, 2024

Home prices trended up in almost all U.S. metro areas during the first quarter of 2024. 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. Price dips in that region were viewed as second-chance opportunities by many buyers.”

Marketing 516

Marketing Buyers Realtors Home Value 516

Housing Wire

APRIL 4, 2024

So, if you have a buyer that’s closing in seven days, and their search activity suddenly spikes like double or triple what it was before and they’re looking for homes frantically a few days before closing — we can now identify like those signs of cold feet or something happening that could potentially impact the transaction.

Technology 376

Technology Clients Agents Real Estate 376

Housing Wire

JANUARY 25, 2023

It will take all of this year and into 2024 for it to come back down to the Fed’s target. We can also expect low housing demand, which favors buyers. Until then, home values will slowly decline, most assuredly in high-cost areas and in areas of the country that benefited the most from rampant appreciation during the pandemic.

Housing Market 426

Housing Market Marketing Inventory Sellers 426

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

Housing Wire

DECEMBER 13, 2023

While the central bank did not completely rule out the possibility of a rate increase in 2024, that action seems unlikely. by the end of 2024, suggesting three 25 basis points (bps) cuts from current levels. These cuts will allow mortgage rates to fall faster throughout 2024. in 2025, indicating four more 25 bps cuts. “The

Inventory 462

Inventory Housing Market Mortgage Law 462

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 77

Appraisal Real Estate Real Estate Agent Contracts 77

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. One thing it did was to rouse the weary buyers out of temporary hibernation.

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

Housing Wire

NOVEMBER 7, 2023

That, combined with higher home valuations from sales last year, has meant that the average homeowner will pay an extra $130 annually in tax through fiscal year 2024, according to the county. single-family home was $3,901, up 3% compared to 2021, ATTOM reported. But home values and taxes have shot up in several neighborhoods.

Property Taxes 541

Property Taxes Home Value Government Buyers 541

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. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

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. Access is a big issue for home buyers.

Development 36

Development Easement Real Estate Home Value 36

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 MAINE housing report MAINE Home Sales Down, Average Price Up Home sales are down 3.6% year over year, with January 2024 at 904 compared to 938 last January. 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 56

Sellers Real Estate Buyers Inventory 56

Appraisal Buzz

APRIL 2, 2024

With mortgage rates tracking downward in recent months after rising last year, the portion of average local wages consumed by major expenses on median-priced, single-family homes and condos has decreased from the fourth quarter to the first quarter in 91.5% of the 590 counties analyzed in ATTOM’s first-quarter 2024 U.S.

Property Taxes 195

Property Taxes Insurance Home Value Buyers 195

Lamacchia Realty

FEBRUARY 23, 2024

JANUARY 2024 new hampshire housing report NEW HAMPSHIRE Home Sales Up, Average Price Up Home sales are up 10.8% year over year, with January 2024 at 967 compared to 873 last January. 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

Sellers 54

Sellers Real Estate Buyers Inventory 54

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 5.2% year over year, with January 2024 at 3,751 compared to 3,956 last January. 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

Sellers 62

Sellers Real Estate Buyers Inventory 62

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Check out the best schools for exam prep courses with helpful study aids in our article 7 best real estate classes in Ohio for 2024. SEE ALSO: 7 best real estate classes in Ohio for 2024 Beyond the required 120 hours of education, spend some extra time studying for the exam.

Real Estate 403

Real Estate Real Estate Agent Brokerage Agents 403

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 connecticut housing report CONNECTICUT Home Sales Down, Average Price Up Home sales are down 5.4% year over year, with January 2024 at 2,082 compared to 2,200 last January. Single families: 1,686 (2023) | 1,600 (2024) Condominiums: 514 (2023) | 482 (2024) Average sale price has increased by 11.8%

Sellers 58

Sellers Real Estate Buyers Inventory 58

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. So who is solving housing affordability for these workers?

Landlords 457

Landlords Home Value Construction Renovations 457

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. trillion compared to $2.75

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

NOVEMBER 29, 2023

2024 Loan Limits Increase by $40,000 FHFA announced yesterday that in 2024 the conforming loan limits will rise by $40,000 to $766,550 compared to $726,200 in 2023 for single-family/one-unit properties. This is the base number, as higher-priced homes and regions will have higher limits based on average home prices in the area.

Realty 67

Realty Law Home Value Government 67

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 SOUTH FLORIDA housing report SOUTH FLORIDA Home Sales Down, Average Price Up Home sales are down 0.5% year over year, with January 2024 at 4,420 compared to 4,442 last January. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

Inventory 52

Inventory Sellers Real Estate Buyers 52

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 rhode island housing report RHODE ISLAND Home Sales Down, Average Price Up Home sales are down 7.3% year over year, with January 2024 at 636 compared to 686 last January. when compared to January 2023 2024: 989 2023: 953 2022: 1,098 Pending Home Sales: The number of homes placed under contract is up by 9.1%

Sellers 52

Sellers Real Estate Buyers Inventory 52

Housing Wire

FEBRUARY 8, 2024

Remember — most of the time, buyers and sellers may not be actively looking for your services, but when they are, real estate farming ensures you are always top of mind. Because there are fewer homes per square acre and buyers typically tend to own their homes for more extended periods in such neighborhoods.

Real Estate 355

Real Estate Tools Agents Real Estate Agent 355

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.” Illinois Home Values” [link] link] FastExpert.com.

Real Estate Agent 403

Real Estate Agent Real Estate Agents Brokerage 403

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. on card accounts as of April 3, 2024. Yet, this type of wealth — often an individual’s largest single asset — too frequently remains illiquid.

Investors 399

Investors Investing Real Estate Finance 399

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. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

AUGUST 11, 2023

All this, while we prepare to experience in a few years the largest wave of potential home-purchase demand in our nation’s history. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. income can qualify for financing on a median-priced home.

Buyers 36

Buyers Development Construction New Listings 36

Empire Appraisal Group

JANUARY 25, 2024

Buyers are winning in Broward as its more affordable at $585,000. Townhouses and Condos are still the most affordable options for buyers with median prices nearly 50% less than single family homes. Townhouses and Condos are still the most affordable options for buyers with median prices nearly 50% less than single family homes.

Marketing 78

Marketing Valuation Inventory Buyers 78

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. cities per the Zillow Home Value Index. What’s next?

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Appraisal Today

JUNE 10, 2022

The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen home values rise at record rates over the past few years.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Appraisal Today

MAY 19, 2023

Purchase applications decreased 5 percent to its slowest pace in a month, as buyers remain wary of this rate volatility, but also as for-sale inventory in many parts of the country remains scarce. percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. What’s next?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. What’s next?

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success!

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success!

Sellers 36

Sellers Real Estate Buyers Realty 36

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. 14 nationally with 5.5%

Mortgage 36

Mortgage Real Estate Law Lending 36

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success!

Sellers 36

Sellers Real Estate Buyers Realty 36