Chicagoland Appraisal Blog

JULY 13, 2017

If this is how the list price was determined, as the realtor do you have this information readily available to present to the appraiser? We are required to analyze the contract and where do you think contract analysis begins? How are property values trending, what are current inventory levels, etc?

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Appraisal Marketing Realtors Real Estate 78

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.

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Inspection Real Estate Agent Real Estate Agents 69

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

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. Should these factors lead to meaningful declines in home prices, rental rates and/or operating margins, the [SFR] sector will be subject to stress it has not previously encountered.”.

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Housing Market Marketing Construction Development 544

Will Springer Realtor

APRIL 10, 2024

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. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.

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Real Estate Buyers Sellers Insurance 36

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

Will Springer Realtor

JANUARY 9, 2024

1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. The pact clarifies certain terms, including whether they will have an exclusive contract with the broker or non-exclusive, and how brokers will be compensated for their services. (I Olympia also established a law, effective Jan.

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Mortgage Real Estate Law Lending 36

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.

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Marketing Sellers Buyers Real Estate 36