Housing Wire

MARCH 29, 2023

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. Pending home sales decreased in all four regions compared to one year ago. Pending home sales rose 0.4% Don’t call it a comeback?

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Contracts Realtors Home Value Housing Market 306

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices.

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Housing Market Marketing Inventory Real Estate 78

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” Of course, the answer is about why this is not the same market — in any way — to post 2008.

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Sellers Housing Market Inventory Buyers 384

Housing Wire

APRIL 24, 2023

Less demand for homes will cause home values to drop in many neighborhoods. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. GDP, roughly $3 trillion.

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Legal Housing Market Government Buyers 384

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Law Real Estate Property Taxes Marketing 432

Housing Wire

JUNE 29, 2021

Properties in the same neighborhood were used to serve as a control for value differences between different markets. The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. The post Are higher-risk homes cheaper?

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Home Value Development Valuation Insurance 321

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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Housing Market Marketing Real Estate Realtors 68

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Housing Market Marketing Supply Chain Real Estate 397

Eppraisal

FEBRUARY 22, 2022

When it costs more to build a home, it will become pricier to buy that dwelling because -- after all the extra expense -- the builder needs to get paid too. Yet swelling house prices go far beyond new construction and that is good news for the owners of existing homes. Who Does Inflation Help?

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Housing Market Marketing Property Taxes Home Value 36

Housing Wire

MAY 25, 2021

Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing.” ” Technology for navigating secondary market challenges. “All told, there is little, if any, indication that home prices will slow their appreciation anytime soon.”

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Supply Chain Inventory Buyers Construction 410

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 84

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. ” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.”

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Housing Market Marketing Construction Inventory 370

Eppraisal

DECEMBER 14, 2021

Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Yet Fannie Mae sees no housing market damper on the horizon despite these higher rates.

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Real Estate Marketing Supply Chain Inventory 67

Hank Miller Team

DECEMBER 7, 2021

Price per square foot is unreliable to value homes. It is without question one of the most quoted "sources" when home values are discussed but it is so flawed that on any level, it cannot stand even the softest of challenges. All real estate conclusions are suspect unless they are hyper local and focused.

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Real Estate Agent Real Estate Home Value Design 69

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Both pose threats to access to capital, the cost of materials and labor, and future housing values.

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Housing Market Marketing Construction Development 545

Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

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Landlords Home Value Construction Renovations 466

Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. One observation I have made is that different cost data services may vary a little in their analysis of what the total economic life of a home is.

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Appraisal Development Finance Lending 365

Cleveland Appraisal Blog

JUNE 2, 2022

For my appraiser friends out there, if you’re looking to sharpen your skills when it comes to analyzing markets, please sign up for George Dell’s Stats, Graphs, and Data Science 1 which will be starting later in the month. Agents, Are You Pricing For Today’s Market or Yesterday’s? I appreciate you!

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Appraisal Local Properties Home Value Contracts 195

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Current real estate market conditions.

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Appraisal Inspection Property Taxes Easement 105

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. The market crunch affects borrowers with less money more acutely, economists said. after a 10.4%

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Supply Chain Housing Market Buyers Construction 384

Appraisal Today

MARCH 22, 2024

Prioritize features that are highly sought-after in the property type and market. For instance, in the subject’s market, a mountain view could significantly impact the demand and marketability of a vacation condominium home. It’s been on and off the market since 2022, with a top asking price of $33.8

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Appraisal Contracts Business Insurance 66

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Our markets are still strong. Closely studying our markets is very crucial in understanding current market value for appraisers.

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Inventory Marketing Supply Chain Appraisal 128

Appraisal Today

JUNE 10, 2022

Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”). NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. To read more, click here.

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Appraisal Contracts Business Mortgage 52

Appraisal Buzz

JULY 5, 2021

While nobody can tell what the future holds, market trends and industry professionals can indicate patterns going forward, even if nobody knows for sure. If there’s anything the whole industry can take away from the past year, it’s that hands-on practice and being in someone’s home to appraise it isn’t just easier — it’s more effective.

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Appraisal Real Estate Construction Appraisal Process 370

Appraisal Today

MAY 19, 2023

I have been reading about using Chat GPT for appraisal marketing and narrative reports, but this is the first I have read about form reports. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover.

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Appraisal Business Contracts Real Estate 52

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

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Inventory Buyers Realtors Home Value 397

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Fannie and Freddie have long said that they want appraisers to tell them about their markets. Real estate market? ==.

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Appraisal Contracts Real Estate Mortgage 52

Listing Spark

SEPTEMBER 25, 2023

Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market.

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Real Estate Sellers New Listings Inventory 69

Clear Capital

JANUARY 31, 2022

The January 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 In that case, we encourage the consideration of the additional year-over-year comparison based upon price-per-square-foot, which may be more in line with market dynamics in this situation.

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Marketing Real Estate Inventory Housing Market 69

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. Marketing Strategies. Power Dynamic.

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Marketing Sellers Buyers Real Estate 36

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. a market with high-income homebuyers that has experienced soaring home prices since 2020. California is the country’s most prominent market for jumbo loans.

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Insurance Mortgage Clients Lending 370

Houston Properties

MAY 24, 2021

We created over 150 pages of guides containing best practices, expert tips, market insights, and recent data on what buyers are looking for. Alternatively, you can simply contact the Houston Properties Team and list your home with us today. Memorial Villages Home Seller Resources. Memorial Villages Home Seller Resources.

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Realtors Sellers Valuation Renovations 36

Empire Appraisal Group

OCTOBER 28, 2021

Today’s market isn’t like the boom-bust cycle leading up to the Great Recession: Tough loan standards are the norm, plus many factors have kept housing supply low. Exuberant buying – with multiple offers and bidding wars – has become common across the country, reminiscent of the fevered market before the 2008 housing crash.

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Inventory Housing Market Construction Real Estate 78

Round Rock Appraisal

JUNE 23, 2013

Real Estate Market Trends For : Teravista. Total number of homes sold in the past 12 months is right at 208 with 117 currently listed for sale. homes per month, this puts inventory levels right around 6.8 months – meaning if no other homes were listed on the market, all homes would sell in just under 7 months.

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Housing Market Marketing Home Value Construction 36

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? Census data, there are 195,659 occupied homes in Raleigh, while 12,455 are vacant. Redfin) Condos and co-ops are spending more days on the market in Raleigh.

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Real Estate Supply Chain Construction Home Value 78

The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. land market.

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Marketing Real Estate Investing Retail 78

Housing Wire

MAY 25, 2021

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold. Greater Similarity…Stronger Connection.

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Valuation Training Home Value Market Value 243