Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. “The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.” and Austin. Presented by: Propertybase.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Buyers lost out on homes because of other buyers and investors paying cash.

Sellers 36

Sellers Buyers Home Value Insurance 36

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 466

Housing Market Marketing Insurance Mortgage 466

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. percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

Marketing 435

Marketing Government Mortgage Sellers 435

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. While at the same time, home prices were surging. Typically, when there is a shortage of inventory, with high demand, prices increase.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

APRIL 9, 2021

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

Brokerage 434

Brokerage Real Estate Clients Insurance 434

Hank Miller Team

MARCH 6, 2024

There was pain of course, many buyers were eliminated and the withdrawals from those low rates is still being felt. We now have fewer buyers, less chaos and more time for buyers to consider their purchase. 23 saw a less severe drop in contracts and closings, sellers also recognizing that bull run was over. Closings -44.6

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Housing Wire

AUGUST 28, 2020

So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. Specifically, I’m talking about listing agreements and sales contracts.

Tools 274

Tools Sellers Real Estate Contracts 274

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. There are benefits and downsides to each type.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Listing Spark

FEBRUARY 24, 2021

Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. To give an example of how we measure the type of market we are in, we look at what’s called the months supply of inventory. In a balanced market, we have typically have 4-6 months supply of inventory.

Real Estate 69

Real Estate Marketing Inventory Sellers 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

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

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

Quicken Loans

DECEMBER 16, 2021

In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. In combination with low housing inventory and labor shortages, that drove up selling prices. Home Inventory Will Slowly Rise.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

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. They work extra hard for the buyers they have an Exclusive Buyer Broker Agreement with.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Empire Appraisal Group

APRIL 21, 2022

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 ®’s latest Monthly Housing Trends Report. ®’s report.

Inventory 78

Inventory Buyers Construction Realtors 78

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Housing Wire

MAY 25, 2023

If we then look at data from the Federal Housing Administration (FHA), there were 2,063 Home Equity Conversion Mortgage (HECM) for Purchase loans endorsed in 2022 — less than 1/10th of 1% of homes sold last year. Actual cash required may vary and is based on age of youngest borrower, interest rate, home value, and other factors.

Loan Officers 414

Loan Officers Real Estate Agent Real Estate Finance 414

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

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. Buyers are placing their best offers to get sellers to choose them.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. 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.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

MAY 3, 2022

In today's market, where home values are rising and there is a lack of inventory of homes available for sale, you may find many agents' businesses are tightening due to lack of inventory. Most buyers like when sellers pay for home warranties.

Agents 36

Agents Real Estate Agent Sellers Real Estate 36

Cornerstone

APRIL 30, 2021

Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. It’s an ideal time for sellers to take advantage. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Spring is a favorable season for move-up buyers.

Sellers 66

Sellers Buyers Inventory Loan Officers 66

Eppraisal

MAY 18, 2021

It's no secret the real estate market is super hot right now and the demand for homes is high. There are more buyers than homes available for sale. In fact, according to an article on Realtor.com, the national inventory of active listings declined by 53% over last year.

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

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 25, 2022

Prices and home values typically increase in the spring and summer as well. The super seller's market the past few years has begun to settle and level out a bit. Potential buyers found they could not be approved for mortgages at the higher home prices and interest rates. Appeal to buyers' senses.

Real Estate 36

Real Estate Buyers Decorating Sellers 36

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. That’s great news if you are a seller though. . In short, huge demand that inventory simply can’t keep up with. As their cost goes up, they pass those along to buyers. Quite the contrary, it’s getting tougher every day.

Real Estate 69

Real Estate Marketing Inventory New Listings 69

Cornerstone

SEPTEMBER 3, 2021

A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. 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

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. The problem for property sellers is that their sale might be a casualty of this tightening.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Sellers may not think this is very fair. This is simply untrue.

Inspection 36

Inspection Sellers Contracts 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

Eppraisal

MAY 10, 2022

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. When homes sell at higher prices, real estate brokerages make more money. Real estate commissions are typically paid by the seller in a transaction.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

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.

Supply Chain 36

Supply Chain Real Estate Marketing Sellers 36

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. Again, good news for sellers; a headache for seekers. This fact will give hope to buyers for the long term but what about the more immediate future?

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. 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. Financially Strong Buyers Choose the financially strongest buyers.

Marketing 36

Marketing Inspection Contracts Buyers 36