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The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. MORE
Buyers’ expectations for housing affordability continue to sour. At its lowest point in the 4th quarter of 2020, 63% of buyers expected to afford <50% of the homes available. MORE
Mortgage rates have risen once again, further widening the gap many prospective buyers are attempting to overcome to attain the American Dream. The post Rise in Rates Further Pressuring Potential Home Buyers appeared first on theMReport.com. The post Rise in Rates Further Pressuring Potential Home Buyers appeared first on Appraisal Buzz. MORE
Among first-time buyers, both a shower stall and tub in the primary bath ranked as the most popular of the 18 bathroom features listed in the NAHB study, What Home Buyers Really Want, 2021 Edition. MORE
The post Soaring home prices are spooking buyers appeared first on HousingWire. Home purchase sentiment dropped 3.9 points to 75.8 in July as concerns about high home prices continued to scare off prospective homebuyers. MORE
Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. “I just sold a $700,000 home to a cash buyer last week. MORE
Foreign buyers purchased $54.4 Out-of-country buyers purchased only 107,000 properties in that 12-month span — down 31% from the prior period. Foreign buyers who resided in the U.S. International buyers accounted for 2.8% billion worth of U.S. MORE
New housing inventory remained negative in the month of April, leading to even more affordability issues for many prospective buyers. After a … The post Rising Rates Create Stressful Environment for Buyers appeared first on DSNews. The post Rising Rates Create Stressful Environment for Buyers appeared first on Appraisal Buzz. HouseCanary, Inc. MORE
ServiceLink recently released its 2022 State of Homebuying Report, highlighting the effects of low housing inventory and how high home prices are leading the next generation of buyers to consider alternative paths to homeownership. The report examines generational trends among recent homebuyers, their sentiments toward alternative paths to homeownership, and the role technology plays throughout the … The post Complicated Markets Fuel Buyer Fatigue appeared first on theMReport.com. MORE
Eight years of data show that student loan debt is one of the most significant barriers standing between a potential buyer and the ability to purchase a home. . The post Student Debt Holding Buyers Back appeared first on DSNews. MORE
The post Buyers Turn to Condominiums appeared first on theMReport.com. The post Buyers Turn to Condominiums appeared first on Appraisal Buzz. House hunters who have found the cost of single-family homes prohibitive are opting for condos, pushing up prices and competition in that market. Around The Web MORE
At a time of the year when the market generally cools, home buyers are looking to land the home of their dreams among an ever-shrinking supply. The post Home Buyer Demand Hits Peak Levels appeared first on theMReport.com. MORE
This information comes by way of a new survey commissioned by Coldwell Banker … The post Buyers Expect Agents to Use Social Media appeared first on theMReport.com. The post Buyers Expect Agents to Use Social Media appeared first on Appraisal Buzz. MORE
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they purchased. The post Pandemic-Driven Purchases Spark Buyer’s Remorse appeared first on Appraisal Buzz. MORE
“Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. “Earlier in the pandemic, many buyers shunned small condos in favor of large detached homes with space for offices and homeschooling. MORE
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they purchased. The post Pandemic-Driven Purchases Spark Buyer’s Remorse appeared first on Appraisal Buzz. MORE
Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. MORE
An estimated 1 in 8 sellers cut their list prices during the four weeks … The post Buyer Demand Slips, Showing Signs of Market Cooldown appeared first on theMReport.com. The post Buyer Demand Slips, Showing Signs of Market Cooldown appeared first on Appraisal Buzz. MORE
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area. of prospective buyers viewed home listings located outside of their current state, … The post More Buyers Look to Relocate to Save Money appeared first on DSNews. The post More Buyers Look to Relocate to Save Money appeared first on Appraisal Buzz. MORE
Previous posts reported on home buyer preferences for kitchen and bath features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. MORE
Mortgage rates have surged as government efforts seek to combat inflation, while the average 30-year fixed mortgage rate hit 5% in April for the first time since … The post Sellers Lowering Listing Prices to Sway Buyers appeared first on theMReport.com. MORE
Waiving the financing contingency and conducting a pre-inspection, both … The post Buyers Secure Homes with Cash Offers appeared first on theMReport.com. The post Buyers Secure Homes with Cash Offers appeared first on Appraisal Buzz. MORE
Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. MORE
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area. of prospective buyers viewed home listings located outside of their current state, … The post Buyers Are Searching for Affordable Homes, Where Are They Going? The post Buyers Are Searching for Affordable Homes, Where Are They Going? MORE
Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes. MORE
The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes. MORE
If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. MORE
The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on theMReport.com. The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on Appraisal Buzz. MORE
“As we look ahead to the expected growth in the purchase market, which will be driven by millennials and first-time home buyers, credit availability to qualified borrowers will play an important role in supporting this demand,” said Kan. MORE
Generation Z, born between 1997-2012 and now aged 18-24, is beginning to see its first wave of homebuyers and by all available data, … The post Gen Z Buyers Represent a ‘Growing Splash’ appeared first on DSNews. The post Gen Z Buyers Represent a ‘Growing Splash’ appeared first on Appraisal Buzz. MORE
“Buyers are crazy!!! How can they be paying these prices?” ” That’s what we tend to hear from people who are NOT trying to buy a house right now. It seems like onlookers really don’t understand what it takes to get an offer accepted these days. MORE
Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. MORE
If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. A buyer’s market in 2021? MORE
This increase marks the fifth consecutive year-over-year gain in the share of prospective buyers who have become active buyers. MORE
Much like other home buyers, those buying their first homes rate double sinks and walk-in pantries as the most popular of 30 kitchen features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. MORE
A new study examines ideal destinations for first-time buyers, as they consider space, location, and overall pricing. The post First-Time Buyers Weigh Their Options appeared first on theMReport.com. The post First-Time Buyers Weigh Their Options appeared first on Appraisal Buzz. MORE
The post First-Time Buyers Continue to Feel the Squeeze appeared first on DSNews. The post First-Time Buyers Continue to Feel the Squeeze appeared first on Appraisal Buzz. MORE
Homeowners are able to track tours and buyer feedback on their home through the Redfin Owner Dashboard. When an ADT outfitted home is purchased through Redfin, the buyer keeps the pre-installed smart lock, ADT security panel, and sensors, which are valued at $899. Homebuyers in 22 U.S. MORE
The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on theMReport.com. The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on Appraisal Buzz. MORE
As the COVID-19 pandemic has opened the possibilities of working remotely, more and more people are looking to buy a house in Vermont’s largest city, causing a huge swell in demand in an area that was already flush with prospective buyers. MORE
Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. “Buyers outnumber sellers by such a huge margin that many homeowners are staying put because they know how hard it would be to find a place to move to. MORE
Buyers Related Topics Housing Wire
JULY 27, 2021
Foreign buyers purchased $54.4 Out-of-country buyers purchased only 107,000 properties in that 12-month span — down 31% from the prior period. Foreign buyers who resided in the U.S. International buyers accounted for 2.8% billion worth of U.S.
Appraisal Buzz
APRIL 11, 2022
Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence.
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Eyes on Housing
MARCH 22, 2022
Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition.
Housing Wire
JANUARY 4, 2021
If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. A buyer’s market in 2021?
Cleveland Appraisal Blog
AUGUST 6, 2021
Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers.
Sacramento Appraisal Blog
MAY 5, 2021
“Buyers are crazy!!! How can they be paying these prices?” ” That’s what we tend to hear from people who are NOT trying to buy a house right now. It seems like onlookers really don’t understand what it takes to get an offer accepted these days.
Appraisal Buzz
MAY 13, 2022
Generation Z, born between 1997-2012 and now aged 18-24, is beginning to see its first wave of homebuyers and by all available data, … The post Gen Z Buyers Represent a ‘Growing Splash’ appeared first on DSNews. The post Gen Z Buyers Represent a ‘Growing Splash’ appeared first on Appraisal Buzz.
Housing Wire
AUGUST 9, 2021
The post Soaring home prices are spooking buyers appeared first on HousingWire. Home purchase sentiment dropped 3.9 points to 75.8 in July as concerns about high home prices continued to scare off prospective homebuyers.
Appraisal Buzz
APRIL 5, 2022
ServiceLink recently released its 2022 State of Homebuying Report, highlighting the effects of low housing inventory and how high home prices are leading the next generation of buyers to consider alternative paths to homeownership. The report examines generational trends among recent homebuyers, their sentiments toward alternative paths to homeownership, and the role technology plays throughout the … The post Complicated Markets Fuel Buyer Fatigue appeared first on theMReport.com.
Housing Wire
MARCH 16, 2022
The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.
Appraisal Buzz
APRIL 19, 2022
Mortgage rates have surged as government efforts seek to combat inflation, while the average 30-year fixed mortgage rate hit 5% in April for the first time since … The post Sellers Lowering Listing Prices to Sway Buyers appeared first on theMReport.com.
Housing Wire
JULY 21, 2021
“Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. “Earlier in the pandemic, many buyers shunned small condos in favor of large detached homes with space for offices and homeschooling.
Eyes on Housing
MARCH 30, 2022
Among first-time buyers, both a shower stall and tub in the primary bath ranked as the most popular of the 18 bathroom features listed in the NAHB study, What Home Buyers Really Want, 2021 Edition.
Appraisal Buzz
MAY 4, 2022
New housing inventory remained negative in the month of April, leading to even more affordability issues for many prospective buyers. After a … The post Rising Rates Create Stressful Environment for Buyers appeared first on DSNews. The post Rising Rates Create Stressful Environment for Buyers appeared first on Appraisal Buzz. HouseCanary, Inc.
Appraisal Buzz
SEPTEMBER 15, 2021
Eight years of data show that student loan debt is one of the most significant barriers standing between a potential buyer and the ability to purchase a home. . The post Student Debt Holding Buyers Back appeared first on DSNews.
Appraisal Buzz
MARCH 30, 2022
This information comes by way of a new survey commissioned by Coldwell Banker … The post Buyers Expect Agents to Use Social Media appeared first on theMReport.com. The post Buyers Expect Agents to Use Social Media appeared first on Appraisal Buzz.
Eyes on Housing
JUNE 30, 2021
Previous posts reported on home buyer preferences for kitchen and bath features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition.
Appraisal Buzz
MARCH 14, 2022
Waiving the financing contingency and conducting a pre-inspection, both … The post Buyers Secure Homes with Cash Offers appeared first on theMReport.com. The post Buyers Secure Homes with Cash Offers appeared first on Appraisal Buzz.
Appraisal Buzz
FEBRUARY 9, 2022
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they purchased. The post Pandemic-Driven Purchases Spark Buyer’s Remorse appeared first on Appraisal Buzz.
Appraisal Buzz
FEBRUARY 9, 2022
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they purchased. The post Pandemic-Driven Purchases Spark Buyer’s Remorse appeared first on Appraisal Buzz.
Housing Wire
JULY 16, 2021
Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. “I just sold a $700,000 home to a cash buyer last week.
Appraisal Buzz
MAY 12, 2022
Mortgage rates have risen once again, further widening the gap many prospective buyers are attempting to overcome to attain the American Dream. The post Rise in Rates Further Pressuring Potential Home Buyers appeared first on theMReport.com. The post Rise in Rates Further Pressuring Potential Home Buyers appeared first on Appraisal Buzz.
Appraisal Buzz
JANUARY 10, 2022
A new study examines ideal destinations for first-time buyers, as they consider space, location, and overall pricing. The post First-Time Buyers Weigh Their Options appeared first on theMReport.com. The post First-Time Buyers Weigh Their Options appeared first on Appraisal Buzz.
Housing Wire
SEPTEMBER 17, 2021
The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited.
Appraisal Buzz
JULY 21, 2021
The post Buyers Turn to Condominiums appeared first on theMReport.com. The post Buyers Turn to Condominiums appeared first on Appraisal Buzz. House hunters who have found the cost of single-family homes prohibitive are opting for condos, pushing up prices and competition in that market. Around The Web
Appraisal Buzz
APRIL 20, 2022
The post First-Time Buyers Continue to Feel the Squeeze appeared first on DSNews. The post First-Time Buyers Continue to Feel the Squeeze appeared first on Appraisal Buzz.
Housing Wire
MARCH 18, 2021
Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. “Buyers outnumber sellers by such a huge margin that many homeowners are staying put because they know how hard it would be to find a place to move to.
Eyes on Housing
MAY 7, 2021
This increase marks the fifth consecutive year-over-year gain in the share of prospective buyers who have become active buyers.
Housing Wire
OCTOBER 5, 2021
Homeowners are able to track tours and buyer feedback on their home through the Redfin Owner Dashboard. When an ADT outfitted home is purchased through Redfin, the buyer keeps the pre-installed smart lock, ADT security panel, and sensors, which are valued at $899. Homebuyers in 22 U.S.
Appraisal Buzz
DECEMBER 30, 2021
The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on theMReport.com. The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on Appraisal Buzz.
Appraisal Buzz
NOVEMBER 19, 2021
At a time of the year when the market generally cools, home buyers are looking to land the home of their dreams among an ever-shrinking supply. The post Home Buyer Demand Hits Peak Levels appeared first on theMReport.com.
Eyes on Housing
MARCH 25, 2022
Much like other home buyers, those buying their first homes rate double sinks and walk-in pantries as the most popular of 30 kitchen features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition.
Appraisal Buzz
APRIL 25, 2022
An estimated 1 in 8 sellers cut their list prices during the four weeks … The post Buyer Demand Slips, Showing Signs of Market Cooldown appeared first on theMReport.com. The post Buyer Demand Slips, Showing Signs of Market Cooldown appeared first on Appraisal Buzz.
Housing Wire
APRIL 13, 2021
If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap.
Appraisal Buzz
AUGUST 10, 2021
The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on theMReport.com. The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on Appraisal Buzz.
Housing Wire
APRIL 8, 2021
“As we look ahead to the expected growth in the purchase market, which will be driven by millennials and first-time home buyers, credit availability to qualified borrowers will play an important role in supporting this demand,” said Kan.
Appraisal Buzz
MAY 4, 2022
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area. of prospective buyers viewed home listings located outside of their current state, … The post More Buyers Look to Relocate to Save Money appeared first on DSNews. The post More Buyers Look to Relocate to Save Money appeared first on Appraisal Buzz.
Appraisal Buzz
MAY 4, 2022
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area. of prospective buyers viewed home listings located outside of their current state, … The post Buyers Are Searching for Affordable Homes, Where Are They Going? The post Buyers Are Searching for Affordable Homes, Where Are They Going?
Housing Wire
OCTOBER 21, 2021
As the COVID-19 pandemic has opened the possibilities of working remotely, more and more people are looking to buy a house in Vermont’s largest city, causing a huge swell in demand in an area that was already flush with prospective buyers.
Eyes on Housing
APRIL 21, 2022
Buyers’ expectations for housing affordability continue to sour. At its lowest point in the 4th quarter of 2020, 63% of buyers expected to afford <50% of the homes available.
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