articles new-home-sales-rise-for-second-consecutive-month 
Housing Wire
JANUARY 9, 2023
This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . Cincinnati and Miami.
Housing Wire
APRIL 25, 2023
This article is part of our ongoing 2023 Housing Market Forecast series. This weakness in homebuyer demand and the ongoing purchasing power impact of higher interest rates has also begun to show up in home prices, which are down on a year-to-year basis for the first time in over a decade. In March 2023, it was just 2.2
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Housing Wire
APRIL 3, 2023
Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. In this article I talked about how to look at housing credit getting tighter during the next recession. Today, per the previous existing home sales report, we are at 980,000 total active listings.
Appraisal Today
DECEMBER 8, 2023
To Mean, or Not to Mean, That is the Question By Brent Bowen Excerpts: There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to arrive at an indicated value of the subject from the Sales Comparison Approach. The house is like a piece of art.”
Housing Wire
JANUARY 19, 2024
Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks out 30-90 days for sales — it doesn’t move as fast as some people think. From NAR : Existing-home sales waned 1.0%
Appraisal Today
OCTOBER 20, 2023
Prices for all types of residential properties were rising rapidly, and this held especially true for niche properties that consumers believed would make a good short-term rental. I was given a lockbox combination and inspected the vacant home. A basic Q4, C3 home. The appraisal was ordered by an AMC on behalf of a lender.
Appraisal Today
APRIL 19, 2024
Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! This glass-and-steel home features curving rooflines and a wide open interior. Industry groups should also step up to support appraisers. It is human nature. bath, 5,258 sq.ft.
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