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

Appraisal Today

JUNE 23, 2023

To read more, click here My comments: A good overview and summary of the issues from different sides: GSEs, Realtors, AI and ASA, and fee appraisers. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. The average contract interest rate for 5/1 ARMs increased to 6.09

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

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

Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. 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. I May Need To Sell.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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

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 300

Market Value Contracts Appraisal Buyers 300

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

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. 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.

Marketing 78

Marketing Real Estate Investing Retail 78

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. What does this mean for Buyers ? What does this mean for Sellers ?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

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

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

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

Lamacchia Realty

MARCH 28, 2023

However, the sooner you list your home, the more you will sell it for versus waiting a few more months. Right now, inventory is near its lowest, but there are serious buyers in the market looking to purchase. Once inventory starts to rise, that advantage weakens. MASSACHUSETTS Home Sales Down 22.8% Sales are down 22.8%

Sellers 69

Sellers Inventory Buyers Real Estate 69

Houston Properties

JANUARY 12, 2022

A study of 400,000+ Houston home sales over two decades shows five major investment themes that have worked very well for homeowners (even if they paid “high prices” at the time). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. I May Need To Sell. What Should I Do?

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

MARCH 28, 2023

Many sellers are hesitating to list their homes to keep their low, pandemic mortgage rate, but we are starting to see an increase in homes listed meaning more options and therefore less competition in the market. 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.

Sellers 50

Sellers Inventory Buyers Real Estate 50

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

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Interestingly in Connecticut, year-over-year inventory levels are at their lowest since 2017 which varies from states like MA and NH. CONNECTICUT Home Sales Down 25.3%

Sellers 53

Sellers Buyers Inventory Real Estate 53

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Lamacchia Realty

FEBRUARY 22, 2023

Nationally, the National Association of REALTORS® (NAR) reports that existing home sales are down 36.9% The key to selling your home quickly and for the most money will be pricing your home competitively for this current market. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 70

Real Estate Sellers Contracts Buyers 70

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. Marketing a home in a buyer’s market vs. a seller’s market requires different tactics. Because there are more buyers than available homes in these market conditions, sellers have the advantage.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

JANUARY 9, 2024

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Shoreline came in at No.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price.

Inventory 36

Inventory Buyers New Listings Construction 36