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. Housing inventory is expected to hit positive territory year over year this summer, according to realtor.com®’s

Inventory 78

Inventory Buyers Construction Realtors 78

Housing Wire

MAY 25, 2023

These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. million homes bought and sold in the U.S. The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 million, of those homes.

Loan Officers 394

Loan Officers Real Estate Agent Real Estate Finance 394

Eppraisal

MARCH 18, 2022

It is no secret that many home buyers are having a hard time finding a home to purchase. The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021."

Real Estate Agent 68

Real Estate Agent Real Estate Agents Sellers 68

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Help you write and submit an offer once you find a home you'd like to buy.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Eppraisal

JANUARY 28, 2022

The United States housing market will continue to struggle with a low inventory of homes available for sale in 2022. 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. Long-term mortgage financing is economical.

Marketing 68

Marketing Home Value Real Estate Housing Market 68

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

DECEMBER 6, 2022

Yet it is another day at the office for realtors, lenders, attorneys and title agencies. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. Such a development takes a large portion of the potential home buyer population out of play.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Eppraisal

MAY 12, 2021

According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. Buyers are placing their best offers to get sellers to choose them. month-over-month.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. This fact will give hope to buyers for the long term but what about the more immediate future? Young families are in need of housing so forbidding economic conditions will not be enough to postpone a home purchase.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Eppraisal

APRIL 12, 2022

The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. " There has been a backlog of buyers for a couple years now.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Eppraisal

OCTOBER 25, 2022

Prices and home values typically increase in the spring and summer as well. Home Prices and Interest Rates A portion of buyers on the market in the spring and summer ended up being priced out of the market as home values jumped double digit percentages year over year. Appeal to buyers' senses.

Real Estate 36

Real Estate Buyers Decorating Sellers 36

Eppraisal

DECEMBER 2, 2021

There is a lot in the news about the real estate market and how home values are rising, inventory and interest rates are low, and the like. The National Association of Realtors (NAR) shows alarming statistics. The lack of homes available for sale, or low inventory, has made showing homes difficult.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36

Cleveland Appraisal Blog

AUGUST 6, 2021

Do you know of anyone who purchased a home within the past year? Below is a chart from the National Association of REALTORS article on home buyer regret. It reflects the results of a survey made by bankrate.com , which reflects the percentage of those who regret their home purchase, and the reasons why.

Buyers 243

Buyers Property Taxes Inspection Market Value 243

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

MAY 10, 2022

An informative article on realtor.com, The Real Estate Commission: How Much Are Realtor Fees? This is especially true if you have a high-priced home. Home values have been rising and many real estate agents are benefiting from this. Since there are fewer listings, there are fewer buyer sales as well.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 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

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

APRIL 1, 2022

In fact, in 2018, the National Association of Realtors (NAR) published the 2018 Member Safety Report/ Realtor Safety Program. With homes selling and renting so quickly, and home values increasing, agents may be finding themselves sprinting to listings to show buyers who are desperate to find homes.

Technology 36

Technology Agents Real Estate Agent Real Estate 36

Eppraisal

MAY 4, 2021

There is stiff competition because the low inventory of available homes for sale is unprecedented. According to Gay Cororaton, the National Association of Realtor's Senior Economist and Director of Housing and Commercial Research, there is less than a 2-month supply of homes on the market.

Sellers 36

Sellers Buyers Home Value Real Estate 36

Housing Wire

SEPTEMBER 22, 2021

August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by the National Association of Realtors. Completed purchase transactions of single-family homes, townhomes, condominiums and co-ops came in at a seasonally adjusted annual rate of 5.88

Inventory 393

Inventory Buyers Realtors Home Value 393

Eppraisal

SEPTEMBER 24, 2021

The market normally remains strong, and home values rise, through the spring and summer months. These pandemic-related changes interacted with the existing housing inventory shortage, resulting in sharp price increases for both owned homes and rental units." Real estate is cyclical year-over-year. million in 2018."

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Eppraisal

NOVEMBER 20, 2021

So many factors contributed to the influx of buyers to the market and the low inventory, or lack of homes available for sale. Home values increased at record numbers. There are a few bits of advice for staging your home during the holidays. Be sure it's easy for prospective buyers to walk around.

Decorating 36

Decorating Home Value Real Estate Buyers 36

Home Junction

APRIL 30, 2020

This is where property data providers such as Home Junction can help brokers and agents provide the information that helps consumers make informed decisions. Data can help buyers and sellers get a clearer picture of what is taking place right now. “Realtors do expect there will be a rebound,” says Lautz.

Marketing 69

Marketing Real Estate Home Value Agents 69

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

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. It follows that the realtor commission will also be more substantial.

Housing Market 36

Housing Market Marketing Property Taxes Home Value 36

Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Listing Spark

OCTOBER 13, 2022

Days on the market are up, home prices are down, but it’s not all doom and gloom. What should buyers and sellers be doing right now? There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. Or are some doing better than others?

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Top Ranked Realtors: Paige Martin & The Houston Properties Team. In regards to real estate, on one hand, it should make the value of the assets larger in dollar terms (e.g. Buyers Beware? The Tale of Two Cities.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. 10 Steps to Buying REO Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. If there’s a surge of foreclosures, will home values start to decline?

Clients 62

Clients Sellers Loan Officers Real Estate 62

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 85

Appraisal Real Estate Valuation Contracts 85

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

FEBRUARY 8, 2024

Remember — most of the time, buyers and sellers may not be actively looking for your services, but when they are, real estate farming ensures you are always top of mind. Because there are fewer homes per square acre and buyers typically tend to own their homes for more extended periods in such neighborhoods.

Real Estate 353

Real Estate Tools Agents Real Estate Agent 353

Home Junction

MAY 14, 2020

These are some solid reasons why an agent should use these programs: Create Content Automatically for Buyers. Current property data such as home sales and pricing trends can be fed right onto an agent’s website. Many renters will be on the lookout for homes for sale. Educate them again on the benefits of buying a home.

Real Estate 36

Real Estate Tools Clients Real Estate Agent 36

Cleveland Appraisal Blog

MAY 13, 2021

There is the owner of the home, who has a view of what they feel their home is worth. Buyers have their view of how much they are willing to pay for a home. Real estate agents have a view of what the home should be listed for, based upon their research and experience. THE BUYER’S VIEW. Not at all!

Market Value 300

Market Value Contracts Appraisal Buyers 300

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. cities per the Zillow Home Value Index.

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. What does this mean for Sellers ? What’s next?

Real Estate 63

Real Estate Sellers Buyers Realtors 63