Housing Wire

FEBRUARY 10, 2024

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. What is all this data pointing to?

Inventory 514

Inventory New Listings Retail Mortgage 514

Housing Wire

DECEMBER 9, 2023

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.

Mortgage 531

Mortgage Inventory New Listings Sellers 531

Appraisal Today

FEBRUARY 23, 2024

The challenge of pulling comps in 2024 By Ryan Lundquist February 14, 2024 Excerpts: Pulling comps in 2024 is tough. I also have some market recap visuals to unpack what’s been happening in 2024 so far. This is my first choice for any unusual homes without current data in any market. Think about it this way.

Appraisal 67

Appraisal Real Estate Contracts Reconsideration of Value 67

Appraisal Today

JANUARY 5, 2024

Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

Appraisal 74

Appraisal Contracts Legal Business 74

Appraisal Today

DECEMBER 22, 2023

Even though a review of US Census data showing how many 2 to 5-year-old children are located within the subject market trade area, as well as for each of the comparable data points, are highly relevant and should be analyzed! How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy?

Appraisal 74

Appraisal Business Contracts Real Estate 74

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. Despite these changes, it’s essential to note that cooperative compensation offers between sellers and brokers will still be addressed in purchase and sale agreements.

Real Estate 36

Real Estate Buyers Sellers Insurance 36