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

Eppraisal

DECEMBER 23, 2022

We'll now dissect the entire real estate transaction from the perspective of the seller. Be sure your agent did an analysis for you and that you are aware of the home values for similar homes in your area. Negotiate the price based on these home values. Be prepared to negotiate their requests.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

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. The problem for property sellers is that their sale might be a casualty of this tightening.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

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.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

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

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

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

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. They may ask for the issues to be repaired or replaced.

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Inspection Sellers Buyers Advertising 68

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.

Development 69

Development Sellers Legal Home Value 69

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]

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

FEBRUARY 28, 2023

They have different impacts on both the buyer and the seller in a real estate deal. 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. Contingencies create risks for the home seller.

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Inspection Contracts Sellers Real Estate 36

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.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

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

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. If you are a seller, it's the best time to get a good price and the best terms for your home.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

MARCH 10, 2023

The real estate market is still strong in many areas, so you still may be able to sell your current home without paying two mortgage payments for very long. Sell, Rent and Then Buy Since the market is still more on the seller's side, you might want to sell your home first and get your money in the bank. . "House

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

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.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared. What is a Home Appraisal? A home appraisal determines the fair market value of a home.

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Appraisal Process Appraisal Construction Sellers 139

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

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. Strong, solid financing is a must.

Real Estate 64

Real Estate Contracts Sellers Buyers 64

Eppraisal

MAY 12, 2021

If you're in the market to buy a home right now, you're probably finding out that it's not easy. According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

Appraisal 36

Appraisal Contracts Sellers Home Value 36

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. Did the seller set the listing price?

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Many real estate contracts have this provision written in as an optional paragraph.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. 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.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 417

Realtors Contracts Real Estate Agents 417

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. It is important to understand home values in the areas you are looking so you have an idea of what type of homes you can afford.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. 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. Explain documents such as contracts and disclosures. * Help you arrange inspections.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Listing Spark

FEBRUARY 27, 2024

Selling a home in Texas is expensive. Sellers can expect to spend up to 8.7% of the home’s value on closing costs—putting the cost of doing business at $26,850 based on the median home value. Then you have an important question to answer: how do you sell a home on your own without an agent ?

Agents 36

Agents Tools Open Houses Sellers 36

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate?

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? Episode highlights.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Sell fast If you want to get more equity from your home without putting in a ton of effort, it's possible to just sell it as is.

Renovations 36

Renovations Inspection Sellers Buyers 36

Eppraisal

JANUARY 10, 2023

You want to know if your agent has been through enough real estate markets to be able to represent you in the best possible way. For example, it has been a super seller's market the past few years as home values have risen. However, the market is starting to balance out in many areas.

Agents 36

Agents Buyers Real Estate Agent Brokerage 36

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Eppraisal

NOVEMBER 2, 2021

Buying a home can be one of the most exciting times in your life. Working with buyers requires a different skill-set than working with sellers. A sellers agent's job is to market and sell a client's home. They should know the market inside and out. First and foremost, they should know property values.

Buyers 36

Buyers Agents Real Estate Agent Real Estate 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. The housing market won’t be like this forever.

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Housing Market Marketing Supply Chain Mortgage 515