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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Are home sellers finally coming back to the market?

Housing Wire

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Could we see new inventory from distressed sellers if we see a deep recession?

Sellers 445
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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. There were 66,000 new listings this week, of which 14,000 are already in contract. Sellers are coming back to this housing market. 14,000 of those new listings are already in contract.

Sellers 377
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Altos: More sellers and price reductions, but fewer homebuyers

Housing Wire

We still see more sellers than last year. And sure enough the number of new contracts started this week dipped. We are in the normal range with price reductions, meaning sellers are generally fine, generally getting their prices. More sellers with price cuts than a year ago. But that sales growth rate is fragile too.

Sellers 423
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7 best real estate schools in Massachusetts for 2024

Housing Wire

The MA & NH package includes required Core Course, Buyer Agency, Financing, Disclosures / Seller Due Diligence, 1031 Exchanges, Code of Ethics, and Conducting Open Houses and Developing a Safety Plan. Textbook, downloadable e-Book, PDF presentation, Exam tip worksheet & 12 months of access to online education video library.

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4 reasons you’re better off selling your house this summer [INFOGRAPHIC]

Cornerstone

Download the infographic here. Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. Reading Time: 3 minutes.

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Market Value: Who Says What It Is?

McKissock

Free Download: Ready to launch your appraisal career? So, this is a pretend sale between a typically motivated buyer and a seller. A sales contract price on a subject property is just an agreed upon amount for the pending transaction between that buyer and that seller.