Appraisal Today

NOVEMBER 25, 2022

I was appraising a home for a divorce several years ago. The husband had contacted me for the appraisal, but it was the wife who was living in the home. When I arrived at the home, he said that she wasn’t home and had locked all the doors, so he called a locksmith to come to open the back door. Eric VanderWaal.

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Appraisal Market Value Contracts Finance 52

Will Springer Realtor

APRIL 14, 2023

APRIL HOUSING UPDATE The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake. Stay tuned!

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Contracts Buyers Housing Market Design 36

Will Springer Realtor

OCTOBER 19, 2021

Not all home appraisals – and those who conduct them – are created equal. The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No Home Appraisal Tips for Buyers ).

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Contracts Appraisal Sellers Real Estate Agent 41

Quicken Loans

DECEMBER 16, 2021

If you’re in the market for a mortgage, this matters because the federal funds rate is the rate at which banks borrow from each other overnight. Although not directly correlated, this rate tends to impact longer-term rates for things like mortgages. That brings me to the actual press release from the Fed. My analysis is in bold.

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Mortgage Development Marketing Business 52

Will Springer Realtor

SEPTEMBER 19, 2023

By Catherine Mesick You’ve found the perfect home – sunny kitchen, the right number of bathrooms, and a big, beautiful yard. You start wondering, could my dream home be at risk for flood damage? The fact is home buyers need to pay attention to their flood risk and the need for flood control. All home buyers.

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Insurance Inspection Real Estate Buyers 46

Housing Wire

OCTOBER 20, 2023

Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% So what’s the easiest way to be consistent? By being true to yourself.

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Hood Homes Blog

MAY 6, 2018

That process comes with Step 2 of buying a home , working with a lender. That process comes with Step 2 of buying a home , working with a lender. I recommend aiming to spend as little as is necessary to get you what you want in a home. Using a mortgage calculator ? But that does not mean it is the right decision.

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Buyers Realtors Agents Construction 36

Will Springer Realtor

SEPTEMBER 12, 2023

Like most doctors when talking about medicine and healthcare, he’s right. Portland was right behind us, with New York City at No. Here’s a blog post on the topic from last summer.) He said something interesting at the end of his rinse & repeat suggestions about moving my feet: “This is a walking city, you know.” of the U.S.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

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Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution.

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Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities. At the same time, many homeowners are sitting comfortably with low mortgage rates.

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Mortgage Real Estate Law Lending 36

Appraisal Today

MAY 20, 2022

By the way, I measured the home also. It took about 15 minutes for me to measure the home. In less than a day, the sketch was sent to me via email, and it was awesome! Its measurements were within 15 square feet of mine on a home that was just over 2,400 square feet. By Jamie Owen. This is also a no-no.

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Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. Entry is free on Nov. Rainier and other national parks on this special day. Zoning laws in the U.S. The laws also play a role in community planning.

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Law Development Design Government 36

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. Click to expand any image or graphic from my newsletters and blog posts.)

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Buyers Development Construction New Listings 36

Quicken Loans

APRIL 7, 2021

Spring is here, and with it comes home buying season. Sales for both new and existing homes have been on an absolute tear. Sales for both new and existing homes have been on an absolute tear. One likely reason for this is no doubt a moderate increase in mortgage rates. However, it seems to me we talk about that enough.

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Real Estate Marketing Real Estate Agent Construction 43

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. Interest rates on a 30-year mortgage have slipped since the start of the conflict, now averaging 3.76% in the U.S., My lender friends in Seattle are quoting mortgage rates of around 4% (plus or minus an-eighth of a point), depending on individual circumstances.

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

DECEMBER 12, 2023

We have enjoyed working with many of you this year and providing informative stories and features in this newsletter as well as on the Living the Dream blog and social media platforms. It was a year of gyrating mortgage rates and stubbornly high home prices. The story will be added to my Living the Dream blog on Tuesday (Dec.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JUNE 8, 2022

Owning a home is the primary mechanism for typical households – whether comprised of single/married, gay/straight people – to build wealth for retirement. The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward.

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Design Construction Development Property Taxes 36

Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. Amid a shortage of homes for sale, prices will continue to rise – likely by about 5% for all home types combined in King County and about 9% for single-family homes.

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Construction Real Estate Inventory Buyers 36