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February pending home sales disappoint, but maybe we’re turning a corner?

Housing Wire

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Month-over-month, contract signings increased in three U.S. regions, but declined in the West, according to the National Association of Realtors.

Contracts 306
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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

During the home buying process, the appraiser's sole responsibility is to ensure the bank, and thereby you, are paying the cost of what the home is worth. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. Not a cent more.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Top Ranked Realtors: Paige Martin & The Houston Properties Team. Properties with a “flex room” (something that could be used for homeschooling, play room, home offices, media room, etc.). High-quality homes sell in nearly every market. Disadvantaged homes sell more slowly or at larger discounts. I May Need To Sell.

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Practical Tips for Working With AMCs

Appraisal Today

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. value to property.

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What’s Your View?

Cleveland Appraisal Blog

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . So, it is a fantastic time to sell a home.

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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Markets like Austin, which experienced the most substantial surge in values between 2020 and 2021, have seen the most significant increases in months’ supply of inventory and days on market.

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Case-Shiller: Home Prices Soar at Record Pace in June

Empire Appraisal Group

Case-Shiller: Home Prices Soar at Record Pace in June. Source: Case-Shiller: Home Prices Soar at Record Pace in June | Florida Realtors. Sales of existing homes rose 1.5% And the number of contracts signed to buy homes, a leading indicator of final sales, has fallen for two straight months. That left just 1.32