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. Month-over-month, contract signings increased in three U.S. Pending home sales decreased in all four regions compared to one year ago.

Contracts 306

Contracts Realtors Home Value Housing Market 306

Housing Wire

OCTOBER 16, 2020

million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California, with a total estimated home value of $3.3 The competition is so fierce that 42% of homes sold in low-risk areas over the past three years went under contract within two weeks. More than 4.5

Housing Market 499

Housing Market Home Value Contracts Marketing 499

Housing Wire

JANUARY 2, 2023

(The Case-Shiller home price indices for October is a three-month average of closing prices in August, September and October. Because most home sales take several months from contract to closing, the data likely includes some deals struck in June and July.). to a reading of 315.13.

Home Value 397

Home Value Housing Market Contracts Sellers 397

Housing Wire

FEBRUARY 27, 2024

Automated marketing: Yes. Or purchase just the data and the platform, and do the mailing and marketing yourself. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008.

Advertising 430

Advertising Tools Real Estate Sellers 430

Eppraisal

APRIL 25, 2023

Do REO requirements, home value thresholds or any other criteria for sale and purchase change when a bank collapses? A successor bank is obliged to honor the contracts the failed bank entered into. Held properties, not under contract, are subject to the new bank's rules. What Happens to REOs when a Bank Fails?

Housing Market 36

Housing Market Real Estate Property Taxes Home Value 36

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

Housing Market 517

Housing Market Marketing Supply Chain Mortgage 517

Cleveland Appraisal Blog

OCTOBER 14, 2021

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Housing Bubble-Icious.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. Episode highlights. Key takeaways.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

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. Properties are still going under contract. flexibility in negotiation and marketing.

Housing Market 68

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%

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. But then they had to hire me to perform an appraisal. That’s right! In the other case, my client’s attorney recommended having their marital property appraised.

Appraisal 302

Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

MARCH 15, 2024

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Despite an influx of new listings, the market remains competitive for attractive, well-priced properties. Such homes went under contract typically after 17 days on the market. That’s up 4.2%

New Listings 473

New Listings Inventory Home Value Contracts 473

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.”

Housing Market 369

Housing Market Marketing Construction Inventory 369

Cleveland Appraisal Blog

JUNE 2, 2022

Saying goodbye to the hottest housing market ever – Sacramento Appraisal Blog. USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast. Top Reason For House Rules – The Folson Group Blog. Brian Buffini’s Bold Predictions – It’s a Good Life with Brian Buffini.

Appraisal 195

Appraisal Local Properties Home Value Contracts 195

Appraisal Today

MARCH 22, 2024

It can impact home values, insurance costs, and the overall stability of a housing market.” “The To find out what it says about a home’s risk (free), Click Here My comments: Is there any effect on home values? from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Appraisal 65

Appraisal Contracts Business Insurance 65

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. Did anyone think in early 2020 that home values all over the country would go off the charts? No one did.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 23, 2023

A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

Housing Wire

JANUARY 9, 2023

“With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. on an annualized basis, according to Fannie Mae , to as much as 20%, according to some market forecasts.

Housing Market 545

Housing Market Marketing Construction Development 545

Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. “Americans have seen home values rise at record rates over the past few years.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Birmingham Appraisal

MARCH 21, 2023

This worked, however, because of the lower supply it resulted in home prices being driven up to the larger number of buyers. The contract price of many homes was much more than their original list price due to bidding wars from desperate buyers. If the economy is performing well, it can lead to higher property values.

Real Estate 83

Real Estate Appraisal Marketing Market Value 83

Appraisal Today

MAY 19, 2023

housing market back into a deep freeze Excerpts: A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.57

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%. percent from 6.87

Appraisal 71

Appraisal Business Contracts Real Estate 71

Zillow

JULY 15, 2019

Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Appraisal Today

NOVEMBER 4, 2022

Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. from0.88 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Chicagoland Appraisal Blog

JULY 13, 2017

We are required to analyze the contract and where do you think contract analysis begins? If it’s not written on a real estate contract and other offers are received by text or email or whatever other means you might receive it, guess what it’s not an offer to purchase. You guessed it with the realtor answering these questions.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

PennyMac

SEPTEMBER 6, 2023

That being said, sellers are still legally and ethically obligated to disclose major issues to buyers, which can lower the home's value. Alternatives to Selling a House As Is If selling your house as is isn’t right for you, there are a few viable alternatives to consider: Update and repair.

Renovations 36

Renovations Inspection Sellers Buyers 36

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. Passage of Senate Bill 131 brings license reciprocity to Ohio” [link] Ohio House of Representatives. Ohio Home Values” [link] Indeed.com.

Real Estate 430

Real Estate Real Estate Agent Brokerage Agents 430

Housing Wire

OCTOBER 9, 2023

21] [22] Illinois housing prices: By the numbers $252,134 is the value of the average Illinois home, which is a 2.5% increase over the past year 7 days is the average time it takes for an Illinois home to become pending (yes, that fast)! [23] Illinois Home Values” [link] to 3%) and buyer’s broker (2.5

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

OCTOBER 22, 2023

You’ll need to enroll in and complete the following TREC-approved, qualifying real estate courses: Principles of Real Estate I Principles of Real Estate II Law of Agency Law of Contracts Promulgated Contract Forms Real Estate Finance Each course is 30 classroom hours, for a total of 180 hours. Texas Home Values” [link]

Real Estate 409

Real Estate Real Estate Agent Agents Brokerage 409

Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% when compared to November 2022.

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Cornerstone

OCTOBER 26, 2021

This is precisely what we’re seeing in today’s real estate market. Home values are climbing at nearly historic levels. As a result, hurdles related to home appraisals have also started to arise. In the past few months, it’s become commonplace for an appraisal to come back under a home’s contract price.

Sellers 57

Sellers Buyers Appraisal Loan Officers 57

Appraisal Buzz

AUGUST 29, 2022

The infrastructure upgrades inside the bill could significantly impact some of the housing market’s problems. The Current Housing Crisis. In the past few years, home prices have risen to the point where we are in another housing crisis.

Transportation 370

Transportation Law Investing Investors 370

Listing Spark

SEPTEMBER 25, 2023

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. Here are five of the biggest change in the Texas Real Estate market. At least, not yet.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

PennyMac

JUNE 28, 2022

In some states, you need an attorney to close on your home. This fee will cover the attorney preparing and reviewing agreements and contracts. To close on a house, you’ll need to pay whoever handles the closing for their services. If you’re buying a house built before 1979, you run the risk of lead-based paint in the home.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $381,123 (2023) | $475,011 (2024) Condominiums: $470,541 (2023) | $474,813 (2024) Multi-families: $367,522 (2023) | $467,338 (2024) Homes Listed For Sale: T he number of homes listed is up by 13.7% 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

FEBRUARY 23, 2024

Single families: $ 525,467 (2023) | $530,608 (2024) Condominiums: $409,028 (2023) | $500,879 (2024) Multi-families: $431,353 (2023) | $489,323 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.9% 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022.

Real Estate 64

Real Estate Sellers Buyers Realtors 64