Buyers Inventory Modernization Property Taxes 
Housing Wire
MAY 8, 2023
A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.
Housing Wire
JULY 18, 2023
High mortgage rates and depleted housing inventory have exacerbated an already existing housing availability crisis. As a frame of reference, a 20/1,000 turnover rate is a fairly typical for the modern housing market. Buyers of that home type had 33% fewer houses to choose from.
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Chicagoland Appraisal Blog
APRIL 3, 2020
Which types of homes tend to be most attractive to buyers? Just as the housing stock in Chicago is incredibly diverse, so too is the pool of buyers. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Westhoff notes that many buyers still prefer white cabinets.
Cleveland Appraisal Blog
FEBRUARY 17, 2021
As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods. – APPRAISAL TODAY.
Will Springer Realtor
MAY 9, 2022
That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home. a month ago.
Will Springer Realtor
MAY 9, 2023
They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Falling new inventory is constraining transaction volumes while also supporting higher home prices. Property taxes are steep at $60K a year.
Will Springer Realtor
JUNE 11, 2024
This means the Northwest MLS will continue to publish seller offers of compensation – if any – to buyer brokers. The decision allows buyers to continue to see on local listings the amount sellers will pay buyer brokers to find qualified consumers to purchase the home. YoY while annual incomes rose 2.0% more last year. . >>
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