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Moehrl trial not likely until January 2025

Housing Wire

The class encompasses home sellers across 20 local MLSs. In its filing, HomeServices asked for a review of an August 2023 ruling by the Eighth Circuit Court, which found that HomeServices could not enforce arbitration agreements signed by seller clients of its franchisees. The trial would take place in Chicago at the U.S.

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Are home sellers finally coming back to the market?

Housing Wire

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Could we see new inventory from distressed sellers if we see a deep recession?

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Mortgage lenders facing a dark, cold winter

Housing Wire

We could be down to 60,000 to 70,000 originators by 2025.” And so virtually every deal being put on the table now is an asset-only, earn-out offer, with no money upfront, so they [the seller] get paid assuming the buyer makes a profit. “So, So, the deals aren’t as attractive to sellers. …We’ll

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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. since February and 9.8%

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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. in Q1 2025 (6.3%) 5.6% in Q2 2025 (6.2%) 5.6%

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New 2024 USPAP Q&As

Appraisal Today

However, new construction back then really struggled, but today in light of so many sellers sitting in the existing market, builders have been thriving. Slow market with 100% seller financing. Current listings and especially homes in contract show current market conditions. 10 miles east of San Francisco. The Best Time!! =

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Housing Data – Including Prices – Jump in Latest Market Review

Will Springer Realtor

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. Prices rose, too, to near-record highs.