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. Months of Housing Inventory Historically.

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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. And housing prices are still up! “In

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Housing Market Real Estate Marketing Buyers 36

Housing Wire

MARCH 15, 2024

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. The typical home in the U.S.

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New Listings Inventory Home Value Contracts 468

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

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. Worried about missing out on a boom?

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Housing Market Marketing Real Estate Realtors 68

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 350

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.

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Appraisal Contracts Real Estate Mortgage 52

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.

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Appraisal Contracts Business Mortgage 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. However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. percent from 6.87 percent from 6.90

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Appraisal Business Contracts Real Estate 70

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.

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Appraisal Real Estate Valuation Contracts 85

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. The Northmarq report points out that the BFR sector currently accounts for only a small slice of overall home starts, at about 6%.

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Housing Market Marketing Construction Development 545

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. Most borrowers have lower rates on their mortgages, and those who are in the market are extremely rate sensitive.” percent from the week prior.

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Appraisal Business Contracts Real Estate 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. Realtors should attend EVERY home appraisal.

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Appraisal Marketing Realtors Real Estate 78

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.

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Real Estate Sellers New Listings Inventory 69

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.

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Real Estate Sellers Home Value Buyers 57

The Robert Weiler Company

SEPTEMBER 7, 2022

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. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Homes sales reached 14,210 in May 2022, a 1.8%

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Marketing Real Estate Investing Retail 78

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%

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Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

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Inventory Sellers Real Estate Buyers 51

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year.

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Real Estate Sellers Home Value Inventory 36

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%

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Sellers Real Estate Buyers Inventory 54

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.

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Real Estate Sellers Buyers Realtors 63

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $484,935 (2023) | $554,204 (2024) Condominiums: $318,153 (2023) | $314,791 (2024) Homes Listed For Sale: T he number of homes listed is down by 3.9% What’s Happening in the Market? Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right!

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Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $632,613 (2023) | $702,284 (2024) Condominiums: $633,473 (2023) | $679,516 (2024) Multi-families: $592,514 (2023) | $637,010 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.6% 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

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Sellers Real Estate Buyers Inventory 61

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 connecticut housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Sellers Real Estate Inventory Buyers 58

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

MARCH 28, 2023

February 2023 massachusetts housing report February Highlights The Massachusetts housing market is beginning to pick up as we head further into the year, but home sales are still down significantly in February compared to this time last year. Once inventory starts to rise, that advantage weakens.

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Sellers Inventory Buyers Real Estate 69

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Sellers Real Estate Inventory Buyers 57

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $517,326 (2023) | $609,905 (2024) Condominiums: $420,479 (2023) | $375,106 (2024) Multi-families: $435,569 (2023) | $535,776 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.8% What’s Happening in the Market? when compared to January 2023. What does this mean for Buyers ?

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Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 new hampshire housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

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Sellers Real Estate Inventory Buyers 50

Lamacchia Realty

MARCH 28, 2023

February 2023 new hampshire housing report February Highlights The New Hampshire housing market has shown some signs of momentum, but overall February home sales remain considerably lower than last year. Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months.

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Sellers Inventory Buyers Real Estate 50

Lamacchia Realty

APRIL 24, 2023

Listings in New Hampshire are down significantly year over year as many sellers are hesitating to list their homes. However, listing your home NOW could get you the most money ! Lack of inventory coupled with high buyer demand has intensified the level of competition in the market, exemplified by the return of bidding wars.

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Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

APRIL 24, 2023

This stat is not due to a lack of buyers, but rather a lack of sellers as many are hesitating to list their homes. Sellers, list your home NOW for the most money ! Right now, the number of active buyers compared to available inventory is unbalanced, tipping in the favor of sellers. when compared to March 2022.

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Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

MARCH 28, 2023

February 2023 connecticut housing report February Highlights As we move further into the year, the Connecticut housing market is showing signs of improvement, although home sales in February are still significantly lower compared to last year. Anthony explains this in more detail in a recent video.

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Sellers Buyers Inventory Real Estate 53

PennyMac

JANUARY 3, 2024

Selling Before Buying Pros and Cons Most people choose to sell before buying, which offers the following benefits: You can access the equity and any profits from your current home to buy your next home, without having to include a contingency clause. If your home fails to sell, your new home closing may be affected.

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Real Estate Agent Buyers Real Estate Mortgage 36

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.

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Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

APRIL 10, 2024

Despite growing awareness, progress toward climate resilience in housing has been hindered by fragmented efforts and competing priorities. Affordable housing initiatives focus not on the climate but on increasing inventory to meet demand, while climate-focused efforts lack integration with housing resilience goals.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Lamacchia Realty

FEBRUARY 22, 2023

It’ll likely be summer when we finally see home sale numbers get closer to last year’s as the beginning of 2022 exhibited sales numbers too high for 2023 to compete with. Listen to Anthony talk about the current housing market in more detail on Boston25 morning news here ! over this time last year from 6.34

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Real Estate Sellers Contracts Buyers 70