Housing Wire

APRIL 9, 2021

” In essence, the program allows WRRE’s sell-side clients to compete with cash-buyers, iBuyers and investors for the little inventory that’s out there when they’re ready to buy. . “And then we have our agent commission.”

Brokerage 407

Brokerage Real Estate Clients Insurance 407

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail. Many states allow this type of dual buyer representation.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Where Have We Been? Where Do We Stand Now?

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

Lamacchia Realty

DECEMBER 8, 2021

The Federal Housing Finance Agency (FHFA) has announced that the baseline conforming loan limit will increase a record 18% to $647,200, which is an increase of $98,950 from $548,250 in 2021. Why are Home Prices so high? What to Know as a Buyer. Buyer Resources. Additional Resources. April 8, 2021. Read More ».

Buyers 75

Buyers Inventory Realty Home Value 75

Eppraisal

JANUARY 28, 2022

The United States housing market will continue to struggle with a low inventory of homes available for sale in 2022. Long-term mortgage financing is economical. So, if the market begins to drop, there are plenty of first-time homebuyers and buyers looking to upgrade to more expensive and larger homes that will step in.

Marketing 68

Marketing Home Value Real Estate Housing Market 68

Eppraisal

JUNE 8, 2021

Record sales, high prices, and lots of competition are only a few of the many challenges' buyers are facing in today's market. Here's what to be prepared for: Competition Inventory is at its lowest point in many years. Prices Too High Home values are rising. They want buyers who have a good-sized down payment.

Marketing 69

Marketing Sellers Buyers Home Value 69

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. Buyers are offering sellers prices considerably above list price in many cases.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Cornerstone

SEPTEMBER 3, 2021

A housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. The recent Monthly Housing Market Trends Report from realtor.com states: “In July, newly listed homes grew by 6.5 For buyers desperately in need of more listings, this is exciting news. Bidding wars and high buyer competition.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Eppraisal

APRIL 5, 2021

Buyers should exploit the low financing rates. Inventory of for-sale homes will remain modest but foreclosures are expected to pick up in some quarters. Consider a Community Bank or Credit Union when seeking home financing. Cash may not be king in home finance but it still retains some nobility.

Marketing 36

Marketing Mortgage Finance Home Value 36

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. If a buyer paid ‘X’ amount for a property similar to the one being appraised then other buyers will probably pay a similar price for the subject property.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

Eppraisal

MARCH 25, 2022

How does this confluence of evil tidings affect home sales? Coming out of the COVID-19 pandemic, and an extended period of low inventory of homes for sale, brokers do not see any significant improvements in the real estate market in the short term. So, the imbalance of buyers to sellers continues to worsen. percent to 3.76

Supply Chain 36

Supply Chain Real Estate Marketing Sellers 36

Eppraisal

MAY 25, 2021

The VA home loan is a true "no money down" home loan opportunity. Private mortgage insurance (PMI) is usually required with other loan programs when a buyer's down payment is less than 20% of the home's value. Since VA home loans are government-backed, they portray VA homebuyers as financially solid buyers.

Sellers 36

Sellers Home Value Inspection Government 36

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Eppraisal

FEBRUARY 22, 2022

The key to comprehending economics and finance is to understand prices. Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. Of course, myriad factors are involved in home values, but inflation must be accounted for.

Housing Market 36

Housing Market Marketing Property Taxes Home Value 36

Housing Wire

DECEMBER 13, 2023

“We’re probably at an inflection point where rates have come down enough that more buyers are coming back into the marketplace,” said Melissa Cohn, regional vice president of William Raveis Mortgage. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We

Inventory 462

Inventory Housing Market Mortgage Law 462

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 2: Find a Lender and Discuss REO Financing. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. Year over year, all regions saw decreases in new home sales, except for the Northeast which recorded a 7.5%

Supply Chain 382

Supply Chain Housing Market Buyers Construction 382

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. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Markets with Most Qualifying Inventory. of those resales went to owner-occupant buyers.

Real Estate 462

Real Estate Investors Market Value Home Value 462

Houston Properties

JANUARY 13, 2021

The average household finances are in the best shape they’ve ever been in. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Household Finances – The Best (Ever). Buyers Beware? Household Finances – The Best (Ever). Concerned about a housing market crash? Get PDF Now.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

JULY 26, 2022

How auction buyer data foreshadows housing market shifts. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5% The 10-city and 20-city composites each posted monthly gains of 1.3%. gain in April.

Housing Market 370

Housing Market Inventory Retail Marketing 370

Housing Wire

APRIL 28, 2022

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. If higher mortgage rates dampen consumer demand, this lessens the competition investors face for home purchases.”.

Investors 354

Investors Marketing Investing Inventory 354

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. An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Lamacchia Realty

FEBRUARY 27, 2024

What does this mean for Buyers ? Despite the continuous demand to live in South Florida , inventory in South Florida over the last several months has been rising, and this month the trend continued with levels just slightly above 2021. As such, buyer affordability is still diminished due to mortgage rates and increasing home prices.

Inventory 52

Inventory Sellers Real Estate Buyers 52

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. But … home price growth will decelerate in the coming year, experts predict. “The Why home price growth will slow.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Lamacchia Realty

APRIL 24, 2023

Many buyers took advantage of rates when they dipped since financing with a lower rate increases overall buyer affordability! In Q1 2023, the number of homes listed in Massachusetts was the lowest in recorded history. Sellers, list your home NOW for the most money !

Sellers 63

Sellers Buyers Inventory Real Estate 63

Lamacchia Realty

APRIL 24, 2023

With these ebbs and flows, serious buyers need to stay tuned into the market so that they are ready to strike if rates drop down. Financing with a lower rate increases overall buyer affordability, so make sure you have updated preapprovals and have reviewed all your mortgage options.

Sellers 62

Sellers Buyers Inventory Real Estate 62

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. What Does Low Inventory Mean for Ohio Land for Sale?

Marketing 78

Marketing Real Estate Investing Retail 78

Eppraisal

AUGUST 16, 2022

Before, during and after the COVID-19 pandemic, home prices steadily climbed. These increases, combined with a growing but still modest inventory of houses for sale, make for hard times for banks and other mortgage lenders. As of July of 2022, applications for home financing -- especially refinances -- sit at a 22-year low.

Home Value 36

Home Value Advertising Finance Government 36

Lamacchia Realty

DECEMBER 21, 2023

What does this mean for Buyers ? An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices.

New Listings 53

New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

APRIL 24, 2023

During periods of lowered rates, buyers were quick to obtain financing as lower rates increase their affordability. Therefore, if you are a serious buyer, make sure your preapprovals are updated and you are aware of all your mortgage options – be ready to strike when rates possibly reach a low point again!

Sellers 51

Sellers Buyers Inventory Real Estate 51

PennyMac

JANUARY 3, 2024

Other home expenses, such as property taxes, utilities, homeowners insurance and often costly homeowners association (HOA) dues, will also continue until you sell. You won’t be able to use your home’s sale proceeds for your purchase and may need other financing, such as a bridge loan or home equity loan.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Will Springer Realtor

JANUARY 9, 2024

The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years. NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

AUGUST 9, 2022

Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. The personal-finance site compared states on 34 metrics, such as Millennial employment data, voter turnout and total share of Millennials.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. Every year loan limits established for mortgage backers like Fannie Mae and Freddie Mac are reviewed and adjusted according to regional home values. SCAM ALERT.

Sellers 36

Sellers Marketing Supply Chain Construction 36