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HW+ Member Spotlight: Stacy Esser

Housing Wire

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” However, it’s the sellers and buyers that we are working with whom really matter.

Sellers 382
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How the housing market will evolve in 2023

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. Inventory What does that mean for housing? We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022. most likely by mid-year.

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Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

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A closer look at housing markets across the country

Housing Wire

“I sold a home to a hedge fund guy in New York. The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. One issue that comes from this, Curbow said, is that buyers are afraid to pursue their dream home. But overall demand is on the rise.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

On many of my appraisals at that time, my opinion of value would not support the contract price. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. While at the same time, home prices were surging. Typically, when there is a shortage of inventory, with high demand, prices increase.

Inventory 243
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Think US home prices are high? At least we aren’t Canada

Housing Wire

To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? housing market is more tied to mortgage buyers. Unlike those two cities in Canada, we aren’t as reliant on foreign buyers to such a great extent. wasn’t in a second housing bubble.

Buyers 527
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Tips for Increasing Your Home’s Value Without Spending a Fortune

Cleveland Appraisal Blog

So, I am grateful for guest bloggers who provide me with some great articles to share with you. That does not cost a lot and it instantly “lifts” the appearance of your home. It also makes it more likely that appraisers and buyers overlook or do not notice previous damage. What Buyers Look For. Value increase: 3%-5%.

Appraisal 249