Remove articles lower-mortgage-rates-fueling-existing-home-sales
article thumbnail

The big short in housing supply isn’t going away

Housing Wire

This article is part of our HousingWire 2022 forecast series. The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. What about existing homes? The majority of the supply of homes for sale come from existing homes, not new construction.

article thumbnail

Weird Real Estate Agent Photos for Appraisers

Appraisal Today

From horror movie-esque semi-abandoned homes for rent to home decor that overshot “unique”, the owners and agents behind these funny ads thought things were perfect just as they were for their photos and open houses. Data for those fixer homes (contractor specials). But is it because sellers are rushing to list their homes?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

While residential property value is primarily determined based on the going sale price of a similar property located in the same or similar community, commercial property relies most heavily on what’s known as the capitalization rate. and gross income, which is simply the amount of money a property yields before expenses.

article thumbnail

Reducing the racial wealth gap by expanding down payment assistance

Housing Wire

With home equity accounting for a quarter of total U.S. More than twice as many Black families (19%) as White ones (9%) have zero or negative net worth, making a down payment on a first home an insurmountable obstacle for many minority families. Presented by: Quicken Loans Mortgage Solutions. of the average home price.

Law 491