Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Tables have turned for some sellers.

Mortgage 410

Mortgage Sellers Contracts Buyers 410

Housing Wire

DECEMBER 13, 2023

Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year. Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well.

Inventory 466

Inventory Construction Mortgage Buyers 466

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. Bethesda, MD (301) 215-4688 The post Why Don’t More Buyers Consider a Fixer-Upper?

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers.

Business 403

Business Marketing Real Estate Legal 403

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

SEPTEMBER 22, 2022

from the beginning of this year, but they may have not peaked, putting pressure on affordability challenges for most prospective buyers as the Federal Reserve vows to tame inflation. We do not see new construction returning in a meaningful way any time soon. Mortgage rates have nearly doubled to around 6.5% in 2023. “Now

Mortgage 421

Mortgage Loan Officers Buyers Inventory 421

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 323

Real Estate Brokerage Buyers Property Management 323

Housing Wire

APRIL 1, 2024

“To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. This is just one more arrow in their quiver.”

Loan Officers 413

Loan Officers Clients Mortgage Construction 413

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. ” Ratiu said KCM’s focus on providing relevant insights and information to agents so they can educate buyers and sellers was one reason he joined the company. . Ratiu has more than 15 years’ experience tracking the U.S.

Real Estate 384

Real Estate Real Estate Agent Housing Market Agents 384

Housing Wire

DECEMBER 3, 2020

“In high-demand areas where only one or two properties come on the market, maybe in a month, we’re seeing [buyers paying] upwards of $100,000 to $150,000 over asking price.”. Chase Craig, a Realtor with Keller Williams, Own Boise , said that a property of his recently had 30 offers, and those offers had a $65,000 gap between them.

Marketing 533

Marketing Realty Realtors Housing Market 533

Housing Wire

FEBRUARY 18, 2022

annually to $350,000, according to the Friday report from the National Association of Realtors. Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. . January sales fell 2.3% from a year ago.

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Appraisal Buzz

SEPTEMBER 20, 2021

Buyers and sellers? Realtors and Property Appraisers? The construction industry? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly. And what does this mean for the economy? Interest rates? Stock and bond markets?

Valuation 195

Valuation Property Appraisal Real Estate Sellers 195

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

MAY 10, 2023

Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting. Rent growth will decrease because apartment construction – entry units coming on the market – is already in the pipeline.

Housing Market 383

Housing Market Insurance Realtors Buyers 383

Lamacchia Realty

MARCH 7, 2022

has released their “Top Producing REALTORS®,” for February 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

APRIL 17, 2024

Potential home buyers may be looking for that extra bit of charm that wood floors offer. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Hardwood Floors Offer Design Versatility Certain home features can make or break it for home buyers.

Home Value 63

Home Value Buyers Realtors Realty 63

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Realtor

AUGUST 7, 2019

Simply put, home appraisals are meant for the buyer’s lender more than any other party. If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. “The The final word?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. “It percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

Marketing 410

Marketing Government Mortgage Sellers 410

Realtor

AUGUST 7, 2019

Simply put, home appraisals are meant for the buyer’s lender more than any other party. If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. “The The final word?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Housing Wire

FEBRUARY 3, 2022

A potential strategy for 2022 will likely depend on whether the market transitions to a purchase-heavy mortgage market, understanding why people buy homes and implementing an effective system to work with potential buyers. To achieve this difficult task, it will be important to understand what motivates buyers and how to help homebuyers.

Housing Market 410

Housing Market Marketing Supply Chain Mortgage 410

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. As a buyer, you're entitled to a copy of your appraisal report promptly and no later than three days before your closing date. Does a Newly Constructed Home Need an Appraisal?

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Housing Wire

MARCH 1, 2022

Time after time, real estate homebuyers and sellers choose to work with a real estate agent. According to the National Association of Realtors , in 2020, some 87% of homebuyers purchased their home through a real estate agent or broker, and that number has steadily increased each year since 2001. However, it didn’t work.

Real Estate 378

Real Estate Brokerage Real Estate Agent Technology 378

Empire Appraisal Group

APRIL 21, 2022

Source: Listing Prices Hit Highest Median Ever | Realtor Magazine. However, economists say that buyers may soon see relief with expectations of more inventory coming that could help relieve some of the pricing pressures. Even with buyer demand remaining high, sellers are finding buyers do have limits to what they’ll pay.

Inventory 78

Inventory Buyers Construction Realtors 78

Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list.

Construction 407

Construction Supply Chain Inventory Agents 407

Lamacchia Realty

JULY 10, 2023

The presence of this harmful construction material can lead to a range of issues from the quality of the property to the health of its inhabitants. So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall.

Inspection 66

Inspection Realty Agents Sellers 66

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Lamacchia Realty

MAY 19, 2023

These batches were used in thousands of foundations for new construction homes. What Pyrrhotite-Infected Foundations Mean for Homeowners As home buyers and sellers are trying to navigate this already unique real estate market, the crumbling foundation crisis is an add stressor for those trying to buy and sell properties in these areas.

Sellers 59

Sellers Buyers Government Insurance 59

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Need for New Construction. Now that interest rates are rising, there’s a true lack of affordable housing for buyers.

Inventory 68

Inventory Construction Real Estate Renovations 68

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction. Realtor.com®

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Empire Appraisal Group

DECEMBER 14, 2023

1 in 3 Sellers Granting Buyer Concessions By Kerry Smith Two Fla. SEATTLE – Home sellers gave concessions to buyers in 35% of U.S. Tampa, however, saw a rise in seller concessions to 43.1% metro buyer concessions (metros had at least 50 closed deals) Miami : 35.4% But in Tampa, 43.1% a year earlier.

Sellers 78

Sellers Buyers Agents Contracts 78

Listing Spark

DECEMBER 14, 2023

In Texas, anyone can sell their home without a real estate agent or an attorney, so many people do so: former realtors, property investors, and people wanting to explore the market on their own. An agent will recommend a strategy, create an MLS listing for the property, and coordinate with buyers and their agents on your behalf.

Agents 36

Agents Tools Real Estate Buyers 36

Housing Wire

APRIL 18, 2024

million in February, according to a report released Thursday by the National Association of Realtors (NAR). There are nearly six million more jobs now compared to pre-COVID highs, which suggests more aspiring home buyers exist in the market.” Meanwhile, new construction of both single-family and multifamily homes receded in March.

Inventory 412

Inventory Real Estate Agent Sellers Buyers 412

Lamacchia Realty

FEBRUARY 8, 2022

When buyers are in the process of finding their perfect home, they often realize that finding a home that checks all of the boxes, has a great layout, and is aesthetically pleasing is easier said than done, especially if you’re a first-time homebuyer on a budget. Buyer Resources. Seller Resources. Additional Resources.

Renovations 73

Renovations Buyers Finance Home Improvement 73

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We Both buyers and sellers are coming back to the market,” Fischer said. With existing inventory down, Schuler said new construction has taken on a larger role in his market.

Housing Market 440

Housing Market Marketing Inventory Construction 440

D Fritz Appraisals

AUGUST 12, 2019

Upon acceptance of your offer, the next steps are usually: home inspection – a voluntary third-party service ordered by the buyer, and. home appraisal – an often mandatory step the buyer’s lender insists on. They both benefit the buyer primarily during the closing of their desired property. What Is a Home Inspection?

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94