Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. percent)* below the October 2021 estimate of 671,000. What is going on here?

Construction 431

Construction Marketing Housing Market Mortgage 431

Housing Wire

NOVEMBER 29, 2021

Today, pending home sales came in as a big beat of estimates — up 7.5% in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. Home sales had a big gap from trending sales to where total sales closed in 2020.

Inventory 527

Inventory Contracts Training Investors 527

Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. This data comes from the recent existing home sales report which has been outperforming lately.

Inventory 535

Inventory Mortgage Housing Market Marketing 535

Housing Wire

FEBRUARY 8, 2021

In 2021, a lingering symptom of the economic sickness we suffered in 2020 is forbearance. million homes remain in forbearance and can therefore be considered at risk. This growth is 1% higher than the peak of what I forecasted for 2021, up until March 18. This means home price growth is getting too hot!

Housing Market 544

Housing Market Marketing Government Real Estate Agent 544

Housing Wire

JULY 2, 2023

Then in a short amount time, we had the biggest and fastest mortgage rate spike in history, which facilitated the biggest one-year crash in home sales in history, which helped inventory grow faster than normal in 2022. We had new listings growth from 2021 to 2022, but that’s not the case this year.

Inventory 448

Inventory Housing Market Marketing New Listings 448

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The last two years have been a wild ride. Odds are that this turn in the pandemic will likely be just a temporary setback.

Marketing 447

Marketing Mortgage Supply Chain Inventory 447

Housing Wire

APRIL 20, 2022

It was close to my home and on a whim I just went down and interviewed,” Williamson said. “I Back in the day it was newspaper articles and if you were lucky you might be able to get a print ad about something you had done or a house that you had sold.”. Williamson was on the airline’s inaugural flight to Moscow in 1968.

Real Estate Agent 372

Real Estate Agent Real Estate Agents Brokerage 372

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. See the last article in this list for more info on Tidewater. Several sections of HUD Handbook 4000.1

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Appraisal Today

DECEMBER 30, 2022

Senate has announced the passage of HR 7735, the Improving Access to the VA Home Loan Benefit Act of 2022. Establish the use of waivers or other alternatives to existing appraisal processes. The top 10 most expensive home sales nationwide are giving us déjà vu. Under the terms of HR 7735, sponsored by Sen.

Appraisal 52

Appraisal Architecture Business Appraisal Process 52

Appraisal Today

APRIL 5, 2024

To read more, Click Here My comments: The article also discusses bias. My office and home garage are filled up with paper files! a state-of-the-art home gym, salon, yoga room. We’ve all also heard ad nauseum that USPAP is a minimum standard. Still, all too many appraisers seek only to meet that minimum standard and little more.

Appraisal 77

Appraisal Contracts Business Construction 77

The Robert Weiler Company

MARCH 15, 2021

But for up-and-coming neighborhoods with a special purpose property or unique properties for sale, the soon-to-be bloom time might as well be called boom time. Committed to 20 percent affordable housing options, the River & Rich project is a story of renewal and community rebirth via unique properties for sale. Funeral homes.

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

Appraisal Today

SEPTEMBER 22, 2023

Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. Certification and licensing simply didn’t exist. Here are a few of the many survey results. Not very positive.

Appraisal 86

Appraisal Training Inspection Real Estate 86

Appraisal Today

JUNE 3, 2022

GRM is an Income Approach that applies to homes with long long-term tenants, not homes with many Short Term Rentals. My comments: This mainly applies to cities where many homes are being converted to Airbnbs, including exterior doors for bedrooms (see foto below) and expanding the number of bedrooms. Functional Obsolescence.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Will Springer Realtor

JULY 8, 2022

Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes. Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes. The second half of the year will look much different than 2021.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Rainier-esque peak of a decade past! One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. points at 34.

Real Estate 36

Real Estate Inventory Buyers Construction 36