Appraisal Buzz

NOVEMBER 16, 2021

Buying homes at an auction is becoming more mainstream, as consumers explore new purchase options in a market of high prices and tight inventory. The post More Millennials Open to Purchasing a Home at Auction appeared first on theMReport.com.

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Appraisal Buzz

MAY 13, 2022

Daren Blomquist of Auction.com takes a look at this market segment and others taking part in home auctions nationwide. The post Who Is Bidding at Foreclosure Auctions? The post Who Is Bidding at Foreclosure Auctions? Most foreclosure buyers are local community developers renovating and reselling to owner-occupants.

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Appraisal Buzz

NOVEMBER 16, 2021

An increasing number of buyers are bypassing the continued struggle between short supply and high prices, and seeking homes at auctions. The post Home Auctions Growing in Popularity appeared first on DSNews. The post Home Auctions Growing in Popularity appeared first on Appraisal Buzz.

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Buyers Appraisal 195

Appraisal Buzz

NOVEMBER 23, 2021

Strong Auction No Match For Bond Bears Today’s 7yr auction was the biggest potential source of volatility for the bond market. The net effect is an auction reaction that gets lost in the shuffle, easily overwhelmed by. After it came out with relatively strong stats, we were treated to a logical rally.

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Housing Wire

FEBRUARY 19, 2024

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. They were scheduled for foreclosure auction nearly four times (3.8)

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Real Estate Property Taxes Insurance Government 441

Appraisal Buzz

OCTOBER 20, 2021

Freddie Mac has sold via auction 7,186 non-performing residential first lien loans (NPL) from its mortgage-related investments portfolio. Billion in NPLs at Auction appeared first on Appraisal Buzz. The loans, with a balance of approximately $1.2 and NewRez LLC, d/b/a Shellpoint Mortgage Servicing. The post Freddie Mac Sells $1.2

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Appraisal Buzz

APRIL 5, 2022

The report examines generational trends among recent homebuyers, their sentiments toward alternative paths to homeownership, and the role technology plays throughout the … The post Auction Homes Provide Gateway to Homeownership appeared first on DSNews.

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Inventory Technology Buyers Appraisal 150

Appraisal Buzz

MARCH 7, 2022

The ease at which people could enter forbearance programs during the pandemic has caused a drastic drop in the number of distressed properties that are sold at auction. The post Why Do So Few People Buy Affordable Properties at Auction? The post Why Do So Few People Buy Affordable Properties at Auction? appeared first on DSNews.

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Appraisal 150

Inman

APRIL 25, 2024

The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million.

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Inman

JULY 28, 2023

Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock's battle for their 377 Broadway office is officially over as a new owner snapped it up at an auction for $11.3 The office went into foreclosure in 2018 after the duo broke their re-fi loan terms, according to a report.

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Housing Wire

JANUARY 23, 2024

In his new position, Jansta will oversee key aspects of Xome’s operations, including auction, default servicing and quality assurance. Mike’s passion for leveraging technology to facilitate online property auctions makes him a perfect fit for Xome,” the company said in the post.

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Real Estate Technology Brokerage Valuation 432

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. My wife and I currently live in an Auction-purchased home,” said Dwayne, a survey respondent from Maryland. “We

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Renovations Buyers Development Insurance 370

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace.

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Buyers Housing Market Marketing Investors 432

Housing Wire

MAY 23, 2023

A look forward: A mid-2023 housing rebound Enough about how well auction bidder behavior predicted retail market trends in early 2023. Bidder demand at foreclosure auction turned a sharp corner higher in the first quarter, both in terms of quantity demanded and price demanded. To register, go here.

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Housing Market Marketing Retail Sellers 432

Housing Wire

JANUARY 9, 2023

Foreclosure auction buyers on the Auction.com platform purchased at an average discount of 29% below estimated “as-is” market value in the fourth quarter of 2022, up from 23% in the third quarter and up from a pandemic low of 9% in the first quarter of 2021. This is evident in foreclosure auction sales rate data from the Auction.com platform.

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Housing Wire

FEBRUARY 21, 2023

An Auction analysis of public record data from ATTOM Data Solutions shows iBuyer activity home flipping activity in the Tampa Bay metro area dropping 52% in Q4 2022 compared to the year before. Those neighborhoods are now feeling the most pain in terms of value loss, according to Kearney. The $500,000 house is now $450,000.

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Housing Wire

NOVEMBER 23, 2020

Auction.com ‘s Distressed Market Outlook report for the fourth quarter shows a pick-up in demand for distressed housing, with a 24% increase in completed foreclosure auction volume in September. in September, with the average price-per-square-foot for third-party foreclosure auction sales dipped in the third quarter.

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Buyers Real Estate Investors Retail 531

Sacramento Appraisal Blog

NOVEMBER 1, 2023

And let’s not even talk about auction platforms. Pricing low on purpose can be a triggering issue. I know both buyers and agents can get extremely frustrated to have to enter a bidding war. But pricing low is pretty much the norm in the Bay Area.

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Agents Buyers Appraisal Housing Market 361

Glascock Company

DECEMBER 11, 2020

Auctions are one of the most expedient ways to sell real estate (both commercial and residential) while still allowing the seller to maintain total control over the transaction. Consider the following four reasons to sell your property at an auction. Auctions are a Quick, Simple Process. Buyers Purchase Property For Sale As-Is.

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Sellers Inspection Real Estate Buyers 78

Housing Wire

NOVEMBER 25, 2020

Green gave the example of a Fort Wayne, Indiana, property he purchased on Auction.com via a bank-owned (REO) auction in July 2019. The data shows 30% of all properties purchased via online REO auction in Allen County were to out-of-state buyers, ranking 36th highest among 198 U.S. per square foot. The Fort Gordon U.S. per square foot.

Real Estate 545

Real Estate Investors Marketing Buyers 545

Inman

MARCH 21, 2024

An eye-popping property owned by celebrity plastic surgeon Dr. Paul Nassif will head to auction during Season 2 of the reality TV show. Will it command the desired price?

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Brokerage 148

Housing Wire

AUGUST 31, 2020

By using their mobile device and the Remote Bid feature on the Auction.com app, buyers can bid on properties at select live foreclosure auctions from anywhere, even as social distancing guidelines remain in place. And no other distressed auction company offers remote bidding for live foreclosure auctions.

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Sellers Buyers Technology Investing 284

Housing Wire

FEBRUARY 13, 2024

properties received a default notice, were scheduled for auction or were undergoing bank repossession last month, up 10% from December and up 5% compared to a year ago. In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data.

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Housing Wire

JULY 19, 2021

HousingWire recently spoke with Joe Cutrona, SVP, Auction Exchange & Asset Management at Xome, about Xpert Seller and how it benefits both servicers and borrowers. HW: Is there anything else you’d like us to know about Xome’s Xpert Seller program, perhaps more about how Xome’s online auction platform plays such an important role?

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Housing Wire

MARCH 6, 2024

We are building an elite alliance with the worldwide Christie’s International Real Estate network that will leverage the exposure of Christie’s auction house,” Duran said in a statement. In her prior role with Coldwell Banker, she was president for the SoCal region and oversaw a $22 billion business in 2022. “We

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Real Estate Agents Brokerage Clients 421

Housing Wire

FEBRUARY 7, 2024

The late January auction of iconic Hamptons estate ‘La Dune’ marked the first time a property was included in an art auction at Sotheby’s. million winning bid on ‘La Dune’ also made the estate the most valuable property ever auctioned live at Sotheby’s. ‘La

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Luxury Properties Design Real Estate Realty 429

Housing Wire

SEPTEMBER 19, 2023

The brokerage noted that Lim will remain at Christie’s as a senior advisor and global brand ambassador, working to expand the relationship between the real estate business and the auction house, among other duties. Lim’s former role will be divided between Natalie Hamrick and Kevin Van Eck, who will lead the firm’s operations in the Americas.

Real Estate 421

Real Estate Brokerage Real Estate Agent Technology 421

Housing Wire

MARCH 14, 2024

HousingWire Editor in Chief Sarah Wheeler recently sat down with Chad Roffers, founder and CEO of Concierge Auctions , to talk about the opportunity that lies in customer interactions — if you have the tech to handle it. This interview has been edited for length and clarity.

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Real Estate Sellers Buyers Tools 431

Inman

MAY 24, 2023

New York developer Jeffrey Gural won the right to buy the iconic Manhattan office building months after the original high-bidder failed to come up with the deposit for the building.

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Development 131

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March.

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Housing Market Buyers Marketing Retail 410

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. The auctioneer typically charges a 1.5% They must go from one auctioneer to the next given there is no shared database to find homes. fee to the seller.

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Real Estate Agent Real Estate Sellers Legal 384

Magnusson Group

JULY 19, 2021

The post Mendham Online Auction- September 2021 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Visit Sale View More Photos. More Details Coming Soon!

Property Appraisal 36

Property Appraisal Appraisal 36

Housing Wire

JUNE 3, 2022

An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? Presented by: Auction.com.

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Construction Renovations Transportation Real Estate 458

Housing Wire

NOVEMBER 11, 2023

We did have a lousy bond auction that sent the 10-year yield higher along with mortgage rates. In addition, Federal Reserve Chairman Powell gave a presentation where people believed his talking points were hawkish, but still, the real deal this week was the bad bond auction.

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Inventory New Listings Mortgage Retail 491

Housing Wire

JULY 1, 2022

An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? Presented by: Auction.com.

Mortgage 384

Mortgage Renovations Buyers 384

Magnusson Group

SEPTEMBER 2, 2021

The post Morristown Online Clothing Auction- September 2021 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Visit Sale View More Photos. More Details Coming Soon!

Property Appraisal 36

Property Appraisal Appraisal 36

Magnusson Group

AUGUST 29, 2021

The post Mendham Online Clothing Auction- September 2021 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Visit Sale View More Photos. More Details Coming Soon!

Property Appraisal 36

Property Appraisal Appraisal 36