Housing Wire

MAY 29, 2024

In modern times, membership hit a low point of 963,478 in February 2013 and climbed to a high of 1.60 The changes are likely to put pressure on buyers’ agents and shrink the $100 billion annual commission pot by as much as $30 billion over time, according to analysts at Keefe Bruyette & Woods (KBW).

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Realtors Agents Inventory Modernization 302

Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? The Best Time!! = trillion in 2023.

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Listing Spark

MARCH 18, 2024

In modern practices, there are plenty of online tools homeowners can use to navigate the market, negotiate deals, and successfully sell their homes without hiring a real estate agent. 6 Tools That Make Modern FSBOs Easier to Manage The internet is full of useful tools and services that are designed to support FSBO sales.

Modernization 36

Modernization Tools Open Houses Real Estate 36

Movoto

MAY 22, 2024

For those currently seeking homes in Colorado , being a shrewd buyer will be more important than in most parts of the country because the state tends to hold its residents. Like many other areas, Colorado house prices have been rising, so buyers should gather as much intel as possible about the homes and areas they’re considering.

Housing Market 36

Housing Market Marketing Real Estate New Listings 36

Housing Wire

FEBRUARY 21, 2023

This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022. The housing market can still be very frustrating to buyers and sellers because mortgage rates can move fast up or down.

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Housing Market Marketing Inventory Buyers 401

Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. de Ona, president of the southeast division of Centennial Bank. Boschetti Jr.,

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Design Real Estate Architecture Property Management 78

Eppraisal

DECEMBER 15, 2023

If you plan to sell your house in 2024, ensure your home has these five desirable features to get high offers from serious buyers.    Modern Electric and Plumbing Systems Homes compliant with the latest residential electrical and plumbing codes will outshine houses with older systems in 2024.

Buyers 36

Buyers Modernization Home Improvement Realtors 36

Cleveland Appraisal Blog

FEBRUARY 16, 2024

I think if a buyer was told that the home had 2,000 square feet, they would automatically assume that it was above-ground square footage. Most buyers would not consider the basement in their minds, even though the finished basement would clearly add value and usefulness. home, would you expect the 2,000 sq.

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Appraisal Market Value Real Estate Clients 406

Housing Wire

MARCH 28, 2024

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. The title industry has finally put the foundation in place for a modernized workflow. Real estate will look different in 2030, perhaps even in 2024. Then, they might become hopeful.

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HOA Property Management Real Estate Agent Technology 410

Lamacchia Realty

APRIL 10, 2024

Some buyers do not want to deal with the added maintenance and costs involved with owning a pool and may be deterred from submitted an offer on the home. In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one.

Law 68

Law Buyers Renovations Decorating 68

Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . million in August.”

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Inventory Housing Market New Listings Mortgage 438

Listing Spark

SEPTEMBER 27, 2023

As 2024 approaches, you might be thinking about the year ahead: your professional growth goals, changes you want to make in your work processes, and how you’re going to retain business against competitors, both human and software. Otherwise, they may look elsewhere for insights. Realtors provide insights for pricing strategies.

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Realtors Investing Real Estate Clients 36

Housing Wire

DECEMBER 7, 2022

million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. This time the hit on demand is much more challenging as we are working from a savagely unhealthy rise in home prices since 2000, and mortgage rates have skyrocketed in the most prominent fashion in modern history.

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Housing Market Mortgage Marketing Inventory 540

Housing Wire

OCTOBER 11, 2022

This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. Well, that got destroyed in only two years. Now fast forward to 2022.

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Sellers Inventory Housing Market New Listings 498

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Inspection Modernization Business 69

Will Springer Realtor

AUGUST 11, 2023

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. An index score of 100 means that a buyer with a median U.S. years, assuming prospective buyers save 5% of their household income each month.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

NOVEMBER 22, 2023

Those realities don’t even contemplate the numerous headaches and delays that come with identifying and dealing with multiple HOAs or the project management skills required to coordinate the Realtor, buyer and seller alike. The title industry has finally put the foundation in place for a modernized workflow.

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HOA Real Estate Agent Technology Real Estate 396

Will Springer Realtor

APRIL 30, 2024

The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology.

Technology 48

Technology Sellers Construction Buyers 48

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. To see the listing with 19 photos, Click Here == LoanDepot Appraisal Discrimination Settlement By Peter Christensen, March 28, 2024 Connolly and Mott v. The second development in the case is that on March 22, 2024, the attorneys for Drs.

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Appraisal Contracts Business Construction 77

Lamacchia Realty

FEBRUARY 27, 2024

HOW TO STAGE YOUR FLORIDA HOME FOR A SUCCESSFUL VIRTUAL TOUR Preparing your home for a successful virtual tour is more than just capturing images; it’s all about creating an immersive experience that captivates potential buyers. They eliminate the need for physical visits, making things far more convenient for both buyers and sellers.

Decorating 55

Decorating Real Estate Buyers Sellers 55

Appraisal Today

DECEMBER 29, 2023

Functional obsolescence may or may not be caused by trends in buyer or market preferences, outdated design, or even advances in technology. Buyers are likely to see this as a flaw in the floor plan regardless of trends. Modern Masterpiece in Carmel, CA, for $9M Excerpts: 2 bedroom, 2 bath, 1,992 sq.ft., 4,000 sq.ft.

Appraisal 77

Appraisal Design Business Modernization 77

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 76

Appraisal Real Estate Real Estate Agent Contracts 76

Appraisal Today

MARCH 8, 2024

I’m always looking for something new = Shifting Tides in the Housing Market: A February 2024 Perspective By Kevin Hecht Excerpts: As we navigate through the early months of 2024, the U.S. A1: Back Half of 2024? – My wild guess is that rate cuts will be in the back half of 2024. Not in March. Not in June.

Appraisal 82

Appraisal Contracts Real Estate Housing Market 82

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. There is a lot of interest in Avenue, with slightly more than half of the 365 homes in the towers reserved by buyers. It’s a 4-bed, 4.75-bath

Construction 36

Construction Modernization Buyers Inspection 36

Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = Prospective buyers this year have mostly watched the housing market pass from the sidelines. What does 2024 look like for the national housing scene and across Seattle/King County? That, in turn, will finally move the market forward with additional sellers and buyers. Our city came in at No.

Real Estate 36

Real Estate Buyers Housing Market Law 36

Listing Spark

MARCH 12, 2024

The majority of buyers use the internet to look for homes, and 51% of buyers actually found the home they ended up buying online. The first four steps cover everything that happens before you list your home and start hearing from interested buyers. Then buyers and agents can coordinate directly with you based on your listing.

Buyers 36

Buyers Agents Tools Contracts 36

Appraisal Today

MAY 17, 2024

To read articles from the September and October 2024 issues with more about this topic, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. If you are a paid subscriber and did not get the May 2024 issue emailed on Wednesday 1, 2024, please email info@appraisaltoday.com , and we will send it to you.

Tools 64

Tools Appraisal Renovations Design 64

Housing Wire

MAY 25, 2022

Freddie Mac aims to purchase 1,500 to 2,500 chattel loans by 2024, though it does not yet have a product for it. Fannie Mae is considering the matter with its regulator, the Federal Housing Finance Agency. But the GSEs could make further demands, given the right leverage.

Finance 352

Finance Supply Chain Tenants Real Estate 352

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. But by how much?

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

NOVEMBER 10, 2023

Knowingly or not, associations can discriminate against potential home buyers by enforcing a community’s established rules that have the potential to limit people of certain classifications from purchasing a property. It’s working well for both builders and buyers. Buyers must qualify for the mortgage at the highest rate in the offer.

HOA 36

HOA Buyers Law Supply Chain 36

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. Sometimes buyers like them and sometimes not. Many people don’t like them. per month, $24.75

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Appraisal Contracts Training Architecture 80

Appraisal Today

FEBRUARY 9, 2024

you are a paid subscriber and did not get the February 2024 issue emailed on Thursday, February 1, 2024, please email info@appraisaltoday.com , and we will send it to you!! That has made it hard for some individual sellers of existing homes to compete for buyers. February 7, 2024) — Mortgage applications increased 3.7

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Appraisal Contracts Insurance Construction 80

Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. Lenders See Considerable Value in Appraisal Modernization. Hopefully, there will be a new online “form” for all GSE appraisal reports in 2024.

Construction 52

Construction Appraisal Modernization Contracts 52

Will Springer Realtor

MARCH 11, 2024

However, in today’s market, the overlooked costs of running a household have taken center stage, demanding attention and strategic planning from homeowners and prospective buyers alike. at the start of 2024 after increasing them by 8.7% Source ) Locally, Puget Sound Energy raised electric rates by 1.7% this fiscal year after a 4.5%

Insurance 36

Insurance Sellers Real Estate Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

It would cost the owner of an $800,000 home in Seattle about $360 in 2024, or more than triple the expiring housing levy of $115. Bellevue has the second-greatest need, according to council forecasts, with a shortfall of 35,000 to make up by 2024. Check out this fully updated mid-century modern West of Market home in Kirkland.

Law 36

Law Development Design Government 36

Will Springer Realtor

MAY 13, 2024

Sellers accused NAR and other defendants of unlawfully inflating compensation paid to agents to bring financially qualified buyers to homes.Potential members of the class action can send objections or comments about the settlement to the court. Sorry, but last week the home found a buyer and is listed as Pending Inspection.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MAY 9, 2022

Thankfully, the 2024 planned opening of Link light rail ’s East Link Extension to Bellevue and Redmond will present a viable option if living on the other side of Lake Washington. That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago.

Architecture 36

Architecture Design Buyers Construction 36