Housing Wire

SEPTEMBER 21, 2022

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. percentage points, more than any other age group. The tailwinds.

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Housing Market Inventory Buyers Marketing 458

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. We needed to end this madness before we had prices escalate over 20% for another year.

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Inventory Marketing Housing Market New Listings 473

Housing Wire

OCTOBER 31, 2022

The question is: how many more rate hikes are left? From the WSJ article: “ U.S. trillion in savings they accumulated through mid-2021 above and beyond what they would have saved if income and spending had grown in line with the prepandemic economy, according to estimates by Fed economists. households still have around $1.7

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Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. To Gandalf’s credit, he has been able to hold off Balrog for another week.

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Inventory Housing Market Marketing Mortgage 450

Housing Wire

MARCH 28, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. Tune in for our next event with Mohtashami happening April 6th at 12 CT in the #articlediscussion channel. What has remained the same?

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Housing Market Marketing Supply Chain Inventory 360

Housing Wire

MAY 9, 2022

Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko.

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Buyers Housing Market Mortgage Marketing 530

Housing Wire

JUNE 17, 2022

Below, Hill answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What is your most useful tech tool? I wish I could offer something more exciting, but it is just the most versatile, handy tool in my arsenal! Amanda Hill: My cell phone!

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Housing Wire

MARCH 15, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. Tune in for our next event with Mohtashami happening March 23rd at 12 CT in the #articlediscussion channel. The goal for inventory is to get back to 1.52-1.93

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Inventory Housing Market Retail Marketing 432

Housing Wire

OCTOBER 1, 2022

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. It is a monthly pulse on what is happening in the market from the perspective of Realtors who are active in the field. In comparison, in 2011, homes took 96 days to sell. .

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Housing Wire

APRIL 3, 2023

Housing demand grew and inventory levels fell again while mortgage rates rose. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. Purchase applications data rose for the fourth straight week, which continues the streak of 2023, having more positive weekly data than negative.

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Inventory Housing Market Marketing New Listings 491

Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. So, the market is wild and the Fed might not care what short-term rates are doing now.

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Housing Market Marketing Inventory New Listings 384

Housing Wire

FEBRUARY 2, 2021

I am interested to see what habits and cultural shifts stay with us and which ones are cast aside as soon as we can safely do so. My instincts tell me that, for the most part, whatever happens in a crisis stays in a crisis. So what about the relatively recent cultural trend of working from home?

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Housing Wire

FEBRUARY 8, 2021

million homes remain in forbearance and can therefore be considered at risk. Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing? This means home price growth is getting too hot!

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Housing Market Marketing Government Real Estate Agent 544

Housing Wire

APRIL 22, 2022

Below, Blanchard answers questions about the housing industry: HousingWire: What were some of your biggest takeaways from last year’s HW Annual event? I arrived back home, not just with Logan’s insight about what to expect in the year to come, but also where the future of our industry is headed.

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Housing Wire

DECEMBER 22, 2021

Below, Banosian answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article? Below, Banosian answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article?

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Clients Technology Tools Business 366

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. What have we seen this year? HousingWire: How are existing home sales trends and inventory affecting the housing market right now?

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Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I sold a home to a hedge fund guy in New York. Honolulu, Hawaii.

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Housing Market Marketing Real Estate Agent Agents 384

Cleveland Appraisal Blog

OCTOBER 14, 2021

Speaking of things rising, home prices, as well as the prices of most other things, are rising rapidly. Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. How does yeast work?

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Inventory Market Value Appraisal Contracts 243

Housing Wire

DECEMBER 29, 2021

What a year 2021 has been. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. During this timeframe we have a historic one-time bump in ages 28-34 — the peak age for home buying. A bullish housing market. However, not only did the U.S.

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Housing Market Marketing Construction Mortgage 533

Cleveland Appraisal Blog

FEBRUARY 24, 2022

Home businesses are becoming more common these days. This week, I welcome back guest blogger June Duncan, who wrote this article for the Cleveland Appraisal Blog. I hope you enjoy her great tips on moving and starting a home business! Finding the right home. Hello everyone!

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Business Appraisal Real Estate Legal 243

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. The more accurate the data, the more supportable our conclusions are. For instance, say I am appraising a home with one thousand square feet of above grade living area.

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Agents Appraisal Renovations Development 379

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Last year, I appraised a home for a homeowner.

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Appraisal Market Value Contracts Agents 418

Cleveland Appraisal Blog

JANUARY 19, 2023

What do these things indicate? For example, a residential property with a one-car garage in a market that expects similar homes to have a two-car garage (known as an underimprovement) or too many expensive amenities for its location (known as an overimprovement or superadequacy) is out of balance.”

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Appraisal Buyers Transportation Real Estate 289

Cleveland Appraisal Blog

JULY 22, 2021

So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. I hope that you find his article beneficial. 4 Home Repairs You Need to Hand Over to a Professional. 4 Home Repairs You Need to Hand Over to a Professional. Removing a Wall.

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Renovations Appraisal Home Improvement Client Relationships 243

Cleveland Appraisal Blog

MAY 22, 2021

I am working on a new article that I will share next week. Kelsey Luvisa from HomeLight wrote a cool article for the Cleveland Appraisal Blog on a hot topic in real estate, namely, backyard entertaining. I hope you enjoy their article and the warmer weather! Make it cozy.

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Appraisal Real Estate Inventory Agents 221

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? What is depreciation? There are three basic causes of depreciation for homes. What do they indicate and how do appraiser’s measure depreciation? As a home ages, it begins to deteriorate.

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Market Value Appraisal Marketing Buyers 244

Cleveland Appraisal Blog

JUNE 10, 2021

I have read this from various sources including the article “One Onion Ring Ends Up In Every Burger King Order of Fries” , from the SouthFloridaReporter.com. I have read this from various sources including the article “One Onion Ring Ends Up In Every Burger King Order of Fries” , from the SouthFloridaReporter.com.

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Business Advertising Appraisal Real Estate 273

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%.

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Real Estate Marketing Inventory Housing Market 105

Cleveland Appraisal Blog

APRIL 15, 2021

I am honored to welcome back Author Jessica Brody , with a new and timely article that I think you will find helpful if you’re looking to buy a home. Although certain things, such as crowded open houses, will be off-limits for the time being, it’s still entirely possible to buy a new home. Hello everyone!

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Appraisal Real Estate Real Estate Agent Tools 195

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Last year, I appraised a home for a homeowner.

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Appraisal Market Value Contracts Agents 267

Cleveland Appraisal Blog

APRIL 29, 2021

So, I am grateful for guest bloggers who provide me with some great articles to share with you. I have one more this week. Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. What Home Appraisers Look For.

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Appraisal Investing Buyers Renovations 252

Cleveland Appraisal Blog

MARCH 4, 2021

It seems logical to think that a newer home is more valuable than an older home. Let’s think about a home that was just built and never lived in. A brand-new home has a certain type of appeal. That usually appealing to many home buyers. At what point does a home start needing some updating?

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Appraisal Real Estate Real Estate Agent Loan Conditions 225

Cleveland Appraisal Blog

JANUARY 21, 2021

Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. At times it does take a little detective work to determine what the cause(s) might be. I have shared it at the end of this article. Settlement cracks! Why are the cracks there?

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Eppraisal

JANUARY 28, 2022

Historically, the real estate market slows down over the winter months and prices level off or sometimes go down. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% " It is already happening, especially in the hot markets. Home sales are expected to increase another 6.6%

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Marketing Home Value Real Estate Housing Market 68

Appraisal Today

MAY 17, 2024

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” I use Synapse by Spark for typical property adjustments and Solomon for more complex properties.”

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Tools Appraisal Renovations Design 66

Appraisal Today

MAY 10, 2024

To read more plus get links to FHA/GSE documents, Click Here My comments: If you do GSE or FHA appraisals, read this post, plus the links to the documents. Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. George Dell – his usual very interesting comments. Several sections of HUD Handbook 4000.1

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Reconsideration of Value Appraisal Real Estate Insurance 73

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Home price s. What did I get wrong?

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Housing Market Marketing Inventory New Listings 543