Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Month-over-month, contract signings increased in three U.S. Pending home sales decreased in all four regions compared to one year ago.

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Contracts Realtors Home Value Housing Market 306

Housing Wire

FEBRUARY 14, 2024

You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+?

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Real Estate Agent Real Estate Agents Luxury Properties 421

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw. year-over-year increase in home values. It is just a super tight housing market.

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Housing Market Buyers Marketing Real Estate Agent 534

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. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Then, it deploys marketing campaigns on your behalf.

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Advertising Tools Real Estate Sellers 431

Housing Wire

MARCH 29, 2023

“Securitization of HELOCs had been a small part of the RMBS [residential mortgage-backed securities] market in the pre-financial crisis period, but issuance was still relatively commonplace until 2007,” states a fall 2022 DBSR Morningstar report focused on the securitization market for HELOCs. to 2 points.”

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Contracts Lending Investing Investors 384

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

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Inventory Technology Design Tools 410

Housing Wire

JANUARY 2, 2023

(The Case-Shiller home price indices for October is a three-month average of closing prices in August, September and October. Because most home sales take several months from contract to closing, the data likely includes some deals struck in June and July.). to a reading of 315.13.

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Home Value Housing Market Contracts Sellers 397

Housing Wire

OCTOBER 16, 2020

million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California, with a total estimated home value of $3.3 The competition is so fierce that 42% of homes sold in low-risk areas over the past three years went under contract within two weeks. More than 4.5

Housing Market 504

Housing Market Home Value Contracts Marketing 504

Housing Wire

JUNE 21, 2022

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion a year prior, according to the trade group’s Market Share Analysis , published Friday. Top underwriters by market share for the quarter included First American Title insurance Co.,

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Insurance Home Value Contracts Marketing 306

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Millennials make up 44% of home purchases today.

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Mortgage Loan Officers Technology Real Estate 421

Housing Wire

APRIL 9, 2021

” He added: “We’re giving them 100% of the value creation so they make out better in the end, as opposed to an iBuyer program where it’s their business model to buy low and sell high and make the difference in between. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said.

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Brokerage Real Estate Clients Insurance 410

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.

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Real Estate Marketing Home Value Realtors 69

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Just as different types of leaven can be used to make bread rise, and even change the flavor of the bread, increasing home prices can result from different situations.

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Inventory Market Value Appraisal Contracts 243

Birmingham Appraisal

JULY 7, 2022

What Are Some Reasons Your Home May Not Appraise? With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. The market is constantly changing and it is important to keep up with what is happening if you want to stay current on property values.

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Appraisal Marketing Contracts Buyers 63

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. Listing tools.

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Tools Sellers Real Estate Contracts 329

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. A comparable market analysis can be prepared, or an appraisal can be performed. The average consumer may not know the difference between the two, however, home buyers and sellers need to know.

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Appraisal Real Estate Agent Marketing Real Estate 36

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 76

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

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Mortgage Technology Investing Investors 450

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. This is starting to change, however and the market is starting to balance out.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 83

Eppraisal

OCTOBER 19, 2021

The real estate industry has been experiencing one of the hottest markets in history. 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.

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Appraisal Contracts Sellers Home Value 66

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. Key Skills Every Agent Should Possess Whether you're buying, selling or both, be sure your real estate agent is knowledgeable about today's market and has been doing business recently. You are likely to receive multiple offers on your home.

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Agents Real Estate Agent Marketing Real Estate 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. Home values dropped as much as 15%, erasing some of the gains made in 2021. [00:06:20]-[00:07:06]

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Real Estate Marketing Sellers Home Value 28

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. 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. When buyers purchase a home "as is" they can still have inspections performed.

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Marketing Inspection Contracts Buyers 36

Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. Most good agents do a lot of work when pricing a home. If they end up too high, the home will likely sit on the market until the price is reduced.

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Appraisal Real Estate Agent Real Estate Agents 302

Clear Capital

FEBRUARY 23, 2024

For example, a home in a shared equity program is sold at a below-market price, affordable to those making less than 80% of the Area Median Income. In turn, when it comes time to sell the home, that owner can’t realize any more appreciation beyond 2% per year.

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Valuation Market Value Contracts Appraisal 36

Eppraisal

APRIL 25, 2023

Do REO requirements, home value thresholds or any other criteria for sale and purchase change when a bank collapses? A successor bank is obliged to honor the contracts the failed bank entered into. Held properties, not under contract, are subject to the new bank's rules. What Happens to REOs when a Bank Fails?

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Housing Market Real Estate Property Taxes Home Value 36

Eppraisal

AUGUST 19, 2022

However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. Home values are still rising; however, sellers should still be putting forth their best efforts to sell safe and defect-free homes.

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Inspection Sellers Buyers Advertising 68

Hank Miller Team

MARCH 6, 2024

The Fed slammed the brakes on low rates, and despite the initial wobble, the Atlanta real estate market found stability and firm ground. Comparing Feb '24 to Feb '23 and Feb '22 (six main metro counties); we see how hard those rate increases hit in '22 and how the market adjusted through '23. In other words, this market is normalizing.

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Eppraisal

FEBRUARY 28, 2023

As homes have been selling with multiple offers and at record speeds over the past few years, home buyers have been watching home statuses carefully in case contracts fall through. If the buyer does not meet these contingencies, he/she can get out of the contract without losing any money.

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Inspection Contracts Sellers Real Estate 36

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

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Contracts Real Estate Agent Sellers Real Estate 36

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. By contrast, a homebuilder acquires raw land to build on and sell when home values are high.

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Development Sellers Legal Home Value 69

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. I wonder what quote we might receive from Mr. Gregory if market prices were declining. How often do realtors attend home appraisals?

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Appraisal Marketing Realtors Real Estate 78

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

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Inspection Buyers Real Estate Agent Contracts 69

Eppraisal

JUNE 1, 2021

It is one of the best seller's markets the real estate industry has seen in a long time, perhaps even better than the mid-2000s. List your home for sale on the market one minute, and the next you're likely fielding offers. Home values are rising because of this. Most importantly, look at the buyer's financing.

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Real Estate Contracts Sellers Buyers 64

Eppraisal

DECEMBER 2, 2022

It's a security blanket of sorts for you to be sure there aren't safety hazards and major defects in the home. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract.

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Inspection Technology Tools Home Value 69

Eppraisal

MARCH 22, 2024

While ensuring a window operates properly has minimal impact on home value, it makes living in a house more pleasant. Clean Awning and Overhangs Adding awning and home trim typically requires the help of professionals and can be costly. Seal any cracks in the sidewalks from expansion and contraction during weather shifts.

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Inspection Home Value Contracts Marketing 36