PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. During the appraisal, a licensed appraiser will take inventory of major systems (i.e., Step 7: Have the Property Inspected.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Eppraisal

MAY 24, 2022

With homes selling faster than ever before, home values are rising at higher rates than ever before. The inventory of homes available for sale is at its lowest in history. Some sellers think it is a good time to try to sell their homes "For Sale By Owner" (FSBO or by owner) to save a bit of profit.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

Eppraisal

MARCH 15, 2022

The contract states that they will use their best efforts to find a home that meets your criteria. Even though home values are rising, and buyers are competing for homes, exclusive buyer representation requires the agent to do everything in his or her power to get you the home on terms that are beneficial to you and for the best price.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

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. ==. New homes – what is happening? No inspections or appraisals? Did anyone think in early 2020 that home values all over the country would go off the charts?

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Cleveland Appraisal Blog

MAY 13, 2021

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, they sold their home.

Market Value 298

Market Value Contracts Appraisal Buyers 298

Houston Properties

JANUARY 13, 2021

Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. The market will see an influx of price drops and hikes due to low inventory and high demand.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels.

Marketing 62

Marketing Sellers Buyers Inventory 62

Houston Properties

JANUARY 12, 2022

The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions. With higher home values come higher rental rates. Overall, right now properties are still actively going under contract.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. This economic decline can cause homeowners to sell their houses if they can no longer afford to pay their mortgages, increasing housing inventory and shrinking the buyer pool. Marketing Strategies.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

AUGUST 9, 2022

SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price. Inventories are on the rise, so much so that one area is now considered a buyer’s market. This suggests buyers were still paying top dollar for their dream home.

Inventory 36

Inventory Buyers New Listings Construction 36