Hank Miller Team

JULY 18, 2022

Cancel culture invades real estate.The number of canceled home contracts hit a two year high in June 2022. Still, 22 of contracts terminating isn't a anything to ignore. As inflation runs roughshod over the country, there are multiple factors playing a role in contracts terminating. Nationally, 14.9 in Mar '20 and 16.4

Contracts 52

Contracts Sellers Buyers Agents 52

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Rate buy-downs are another option I recommend in this market. Let’s use $10,000 as an example.

Agents 397

Agents Buyers Sellers Inventory 397

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Is there anything you can do to better prepare for future home inspections? 1:08 – What Clayton and Green Scene Home Inspections do.

Inspection 36

Inspection Real Estate Construction Sellers 36

Eppraisal

SEPTEMBER 7, 2022

The inventory of listed homes on the market has been historically low. They will not have to waive inspections and appraisals. Listing agents did not have to do as much to get a home under contract as they do in a more balanced market or in a buyer's market.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Appraisal Today

SEPTEMBER 22, 2023

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. To me, the big issue is who is doing the inspections. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

Appraisal 87

Appraisal Training Inspection Real Estate 87

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. Many real estate contracts have this provision written in as an optional paragraph. There is a lot of competition when buying a home nowadays.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Inventory is even lower than last year and no one is expecting a major change any time soon. Add to the mix Wall Street and corporate investors circling like apex predators.

Buyers 52

Buyers Inspection Contracts Sellers 52

The Robert Weiler Company

APRIL 5, 2023

The pandemic created a spike in e-commerce sales and the need for data centers, transforming the industrial real estate market both nationally and locally, in Columbus, Ohio. Industrial real estate investors and developers can’t add new properties to the market fast enough. Calculate your space requirements.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Cleveland Appraisal Blog

JANUARY 7, 2021

However, what if the car salesman said that the buyer would have to sign a contract stating that they could not resell the second car? Upon inspecting this home, I found that the home sits on a huge rock formation, which takes up a good portion of the left side of the property. They would just have to figure out a way to use it.

Appraisal 344

Appraisal Legal Inspection Real Estate 344

Birmingham Appraisal

JUNE 1, 2022

In Real Estate It’s All About What’s Happening Now. This can happen in the real estate market as well. Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

Real Estate 391

Real Estate Real Estate Agent Law Inspection 391

DW Slater Company

JULY 28, 2022

Real estate doesn’t move or change as rapidly as other markets, such as the stock market. The prices that we are seeing for June are really reflective of what was happening when those sales went under contract about 30 days earlier. This data is from the Texas Real Estate Center. We are not seeing a crash.

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Real Estate Supply Chain Appraisal Housing Market 78

Appraisal Today

MARCH 8, 2024

But backing up, part of the fun of working in real estate is figuring out how to answer questions like this in a way that is balanced and hopefully reflective of the sentiment in the marketplace. Advice for residential real estate appraisers In summary, appraisers must strike a balance in today’s housing market.

Appraisal 83

Appraisal Contracts Real Estate Housing Market 83

PennyMac

DECEMBER 22, 2020

What is a Real Estate Owned (REO) Property? REO, which stands for “Real Estate Owned,” is a term applied to foreclosed properties whose ownership has transferred to the bank or lender. REO properties are attractive to homebuyers or real estate investors for several reasons.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Appraisal Today

OCTOBER 20, 2023

At that time, the real estate market was still being wildly affected by the COVID pandemic. The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information.

Appraisal 72

Appraisal Design Contracts Inspection 72

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. The real estate markets in 2020 and so far in 2021 have been like no other.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. This was the same process many of us underwent with the exterior-only (drive-by) inspections. I wrote this up yesterday.

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

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. Your Offer Price As mentioned, the inventory of homes for sale is even lower than it was last year at this time.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Chance to really irritate annoying real estate salespeople. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.76 percent of total applications from 39.4

Appraisal 76

Appraisal Contracts Legal Business 76

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Rental vacancy rates, while still quite low, have risen modestly.

Inventory 397

Inventory Housing Market Marketing Construction 397

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

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. ==. No inspections or appraisals? We have never seen a pandemic real estate market before. I agree with what he says about real estate.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Hank Miller Team

NOVEMBER 4, 2022

Unqualified Real Estate Agents A worm easily clears the bar to entry and retention for real estate agents, that will never change. Buyers Gone Wild It was historically competitive, the Atlanta area never saw such low housing inventory. No due diligence, inspections, finance, appraisal, survey…all waved.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Eppraisal

MAY 24, 2022

Today's real estate market is still "hot" and continues to break records. The inventory of homes available for sale is at its lowest in history. If you hire a real estate agent, he/she will prepare a professional comparative market analysis. By listing with an agent, you may receive multiple offers.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

Realtor

MAY 18, 2018

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

Appraisal 78

Appraisal Inspection Buyers Valuation 78

Realtor

MAY 18, 2018

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

Appraisal 78

Appraisal Inspection Buyers Valuation 78

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Now, I know what you’re thinking, “Aren’t four separate signed contracts considered facts and/or market data?”. Bring him copies of the offers to the inspection. Are inventory levels low?

Realtors 36

Realtors Appraisal Contracts Real Estate Agent 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Now, I know what you’re thinking, “Aren’t four separate signed contracts considered facts and/or market data?”. Bring him copies of the offers to the inspection. Are inventory levels low?

Realtors 36

Realtors Appraisal Contracts Real Estate Agent 36

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. The contract states that they will use their best efforts to find a home that meets your criteria. Explain real estate terms.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

The Robert Weiler Company

MAY 14, 2021

It is a group of increasingly vibrant – “and growing” – individuals with many estate planning appraisal and real estate planning needs for multiple properties. How Are Real Estate Appraisals Related to Estate Planning? During the probate process, the valuation of the estate is performed at the time of death.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. You set your appointments the night before, and when you get there that morning, they might already be under contract.” year-over-year.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Houston Properties

JANUARY 13, 2021

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Remember: real estate is hyper-local! KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. However, in real estate, it should make the value of the assets larger in dollar terms.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

SEPTEMBER 9, 2020

With record-low interest rates, paltry inventory and a surge in buyers, agents are advising clients to be extraordinarily aggressive to win. Another critical element, according to agents, is not to make the deals contingent upon things like inspections and not to “nickel and dime” the seller. of offers, followed by townhomes at 54.7%

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Agents Marketing Buyers Clients 477

Cleveland Appraisal Blog

MAY 27, 2021

Right now, in many contracts, buyers state that they will not pay more than a certain about over the appraised value of a home. Imagine if the appraiser just magically hit the contract price when there was really no support for doing so. – Real Estate Between The Lines (PODCAST). SIZE MATTERS. APPRAISAL TODAY.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year. Concerned about a housing market crash?

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Hank Miller Team

OCTOBER 12, 2023

Well Q3 '23 is in the books and it's time for the latest Atlanta real estate market update. How is the Housing Inventory in Atlanta? Do not pay attention to the nonsense broadcast by the national media, real estate is a local and micro market business. Every single piece of real estate is different.

Real Estate 40

Real Estate Marketing Contracts Agents 40

Cleveland Appraisal Blog

MAY 13, 2021

But how do rainbows relate to real estate transactions? In a real estate transaction, everyone has a different view. Real estate agents have a view of what the home should be listed for, based upon their research and experience. Pretty cool, don’t you think? I am glad you asked! What is a buyer to do?

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Market Value Contracts Appraisal Buyers 298