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11 Tips for hosting real estate workshops for buyers and sellersĀ 

Housing Wire

Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Do you specialize in helping first-time buyers and sellers, or are you leaning towards working with real estate investors ? Here are 11 tips to make these workshops more effective. They cross-promote the event.

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Home prices accelerating in areas without mass transit

Housing Wire

With remote work, buyers can prioritize the actual home above its proximity to transportation.” ” The report is based on data that rates locations based on how convenient they are to public transportation.

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DataDigest: Construction costs easing for homebuilders

Housing Wire

However, as mortgage rates hit multi-decade highs , cooling demand and shrinking the pool of qualified buyers for new homes, homebuilders slowed their pace of construction, which settled at a plateau that is still well above pre-pandemic levels. Energy, residential homebuilders’ most volatile net input, nosedived to 49.5

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What another strong jobs report means for the mortgage industry

Housing Wire

Meanwhile, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, transportation and warehousing, information, and financial activities posted fewer jobs in March. Job gains were most notable in the health care (+72,000), government (+71,000) and construction (+39,000) sectors. month over month to $34.69 and were up 4.1%

Mortgage 314
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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

” Conversely, an underimproved property might be lacking in amenities that most buyers expect to see. ” Clearly, when valuing a property, appraisers must consider what the typical buyer expects a home to offer in terms of amenities and characteristics. So one buyer may pay more for the same home than another.

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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Could renovated foreclosure resales help solve the nationā€™s increasingly complex affordable housing puzzle? Presented by: Auction.com.

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Inflation cooled further in March, but shelter costs are still high

Housing Wire

Despite the slower pace of inflation, economist do not believe home buyers facing still elevated prices on top of higher mortgage rates will be out of the woods any time soon. Higher mortgage rates have slowed demand by pricing some would-be buyers out of the market,ā€ Sturtevant said.