Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008.

Advertising 388

Advertising Tools Real Estate Sellers 388

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. While at the same time, home prices were surging.

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Inventory Market Value Appraisal Contracts 243

Housing Wire

APRIL 9, 2021

” In essence, the program allows WRRE’s sell-side clients to compete with cash-buyers, iBuyers and investors for the little inventory that’s out there when they’re ready to buy. WRRE has offers under contract plus more in the pipeline. . “And then we have our agent commission.”

Brokerage 406

Brokerage Real Estate Clients Insurance 406

Hank Miller Team

MARCH 6, 2024

Greater Atlanta remains one of the strongest national markets, home values are not likely to drop over the next several months. Home Sales Drop in Atlanta From a pure "number of transactions" point, closings and contracts cratered in '22 as buyers rapidly fell out and sellers chased those that remained. '23

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. There are many instances nowadays where a house doesn't appraise for the price on the contract.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. in 2019.

Tools 245

Tools Sellers Real Estate Contracts 245

Housing Wire

MARCH 15, 2024

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. Such homes went under contract typically after 17 days on the market. The typical home in the U.S. That’s up 4.2% compared to February of 2023.

New Listings 460

New Listings Inventory Home Value Contracts 460

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. Anytime there is a shift in the market there is always the possibility that property values will change. Today I will be sharing my thoughts and give some reasons your home may not appraise in today’s market.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. In brief, recessions result in significant contraction of the workforce -- job losses are common during these downturns.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Eppraisal

NOVEMBER 30, 2021

Housing starts increased right along with home values in 2021. This is partly due to the shortage of available housing inventory this year. Many national builder developments across the country are selling homes faster than they have in some time. percent above the October 2020 rate. It's an exciting appointment.

Contracts 36

Contracts Home Value Design Development 36

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. Home values are currently rising.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

SEPTEMBER 30, 2021

There is a lot of competition when buying a home nowadays. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. One of the terms buyers are writing into their offers is that they are willing to purchase the homes "as is."

Inspection 36

Inspection Sellers Contracts Real Estate 36

Eppraisal

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. According to Zillow.com the average home value will rise as high as 13.5%

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

MARCH 13, 2021

According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Eppraisal

OCTOBER 2, 2021

According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago." Your agent should know the real estate contract like the back of her hand. Skills to Look For in a Listing Agent It's no secret homes are selling quickly. Your home value is most likely the highest it's ever been.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. percent from 6.87 percent, with points increasing to 0.68

Appraisal 71

Appraisal Business Contracts Real Estate 71

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

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. ==. Did anyone think in early 2020 that home values all over the country would go off the charts? USPAP and the Contract. No one did. 8-minute podcast.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

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

Appraisal Today

JUNE 10, 2022

The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen home values rise at record rates over the past few years.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Eppraisal

MARCH 15, 2022

The contract states that they will use their best efforts to find a home that meets your criteria. The inventory of homes for sale is historically low. Buyers are competing for homes and home values are rising. Hiring the best agent to help you find a home is key in today's market.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

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.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Appraisal Today

MAY 19, 2023

Purchase applications decreased 5 percent to its slowest pace in a month, as buyers remain wary of this rate volatility, but also as for-sale inventory in many parts of the country remains scarce. 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

Housing Wire

JULY 25, 2022

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. So, home sales have really gotten completely hammered,” Zandi said.

Housing Market 395

Housing Market Marketing Supply Chain Real Estate 395

Listing Spark

OCTOBER 13, 2022

How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? There is more inventory available and home sales are down. How to vet real estate agents as a seller.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

DECEMBER 1, 2022

This reflects a view of moderating 10-year Treasury rates as the Fed Reserve eventually ends its tightening stance, as well as a contracting economy and compression of the Treasury-mortgage rate spread once interest rates stabilize. Inventories fell again on a year-over year basis in most markets.

Housing Market 343

Housing Market Marketing Construction Inventory 343

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., 10 Steps to Buying REO Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

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

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. It was an inevitable end to arguably the greatest run-up in home values in history. Median home price for December was $330,000, down 2.5%

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Listing Spark

SEPTEMBER 25, 2023

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Financially secure homeowners are firmly anchored to their homes with interest rates at 3% or 4%, and they are unwilling to trade that security in an uncertain market for rates north of 7%.

Real Estate 69

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.

Real Estate 59

Real Estate Sellers Home Value Buyers 59

The Robert Weiler Company

SEPTEMBER 7, 2022

The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes.

Marketing 78

Marketing Real Estate Investing Retail 78