Housing Wire
AUGUST 16, 2022
Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. Housing completion data is still struggling to get some traction, but in the coming months, builders should be able to get more housing completions done while housing permits and starts for single-family homes are in decline.
Appraisal Buzz
AUGUST 29, 2022
The United States is currently in what many consider to be a housing crisis. Market prices for purchased and rented homes are through the roof, with no clear end in sight. More people are searching for homes than there are houses available. This supply and demand issue made property prices skyrocket, with few able to afford what sellers were asking.
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Sacramento Appraisal Blog
AUGUST 22, 2022
Opendoor has been losing big lately in Sacramento since the market shifted. I thought it would be interesting to take a look at their activity over the past few months since I’m getting so many questions about them. This is not about throwing shade, and I’m not writing as a fanboy either. This is objective […].
Eyes on Housing
AUGUST 11, 2022
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 42.8% of new and existing homes sold between the beginning of April and end.
Raleigh Realty
AUGUST 13, 2022
What is the Triangle in North Carolina? One of the most common questions we receive is 'what is the Triangle in NC?' Below we answer that and a few more common questions: Click here to search for Triangle Real Estate. The Research Triangle area in North Carolina is named after the three prestigious universities of Duke, UNC-Chapel Hill, and North Carolina State University.
Appraiserblogs
AUGUST 25, 2022
Appraiser Miller wins important claim in racial discrimination lawsuit. Judge ruled Plaintiffs did not rely on Miller’s appraisal. The other claims continue but this was an important claim. It also shows the Plaintiffs lied to the Court. ORDER GRANTING MILLER DEFENDANTS’ MOTION TO DISMISS FIRST AMENDED COMPLAINT; DISMISSING PLAINTIFFS’ SEVENTH CLAIM FOR RELIEF AS ASSERTED AGAINST MILLER DEFENDANTS; VACATING HEARING.
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Appraisal Buzz
AUGUST 8, 2022
Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. Why is this so important to us? In simple terms, we are a risk management company. Guided by principles of good risk management and our mission defined by our congressional charter, the Fannie Mae Selling Guide states the policy requirements for the loans we acquire
Sacramento Appraisal Blog
AUGUST 15, 2022
Let’s talk about two things today. The myth of six months of inventory being normal and dipping prices. I’d love to hear your take in the comments. UPCOMING (PUBLIC) SPEAKING GIGS: 8/25/22 State of Housing Brunch & Learn (sign up (for real estate community)) 9/08/22 SAFE Credit Union Market Update (details TBD) 9/15/22 Market update […].
Eyes on Housing
AUGUST 10, 2022
Consumer prices eased slightly from a 40-year high in July as declines in energy prices offset increases in food and shelter indexes. Despite this improvement, inflation remains above an 8% rate for a fifth straight month. The food index recorded its largest annual gain since May 1979 as all six major grocery store food group indexes increased. Nonetheless, it is.
Raleigh Realty
AUGUST 13, 2022
Location in Real Estate Location, location, location. Here's what makes location such an important factor when it comes to buying a home. The three most important factors when buying a home are location, location, and location. Too often I hear people talking about making decisions based on the home itself, instead of the location, and that is a mistake.
Lamacchia Realty
AUGUST 16, 2022
August 16 th – Announced today, Jim Major has been named the Greater Boston Association of REALTORS® (GBAR) REALTOR® of the year at the Annual Awards & Networking Breakfast in Boston ! This prestigious award recognizes and honors an industry member for their volunteerism and industry work over the past 18 months in three specific areas. These include participation and service to REALTOR® organizations, community involvement including membership and support of civic and charitable organizatio
Housing Wire
AUGUST 10, 2022
One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. What does this mean? Some have said this is evidence of a soft landing for housing since we are in August and it doesn’t look like we are going to even get to the peak inventory levels we saw in 2019 this year, or even breach the lower levels of 2019 on the national data.
Appraisal Buzz
AUGUST 10, 2022
Today’s Buzzcast interview is with Loren Cooke, President of Solidifi, and Scott Reuter, Chief Appraiser of Freddie Mac. We sat down with Loren, Scott, and Jim Morrison, VP of Marketing and Sales for Allterra Group, to discuss bringing more diversity into the appraisal industry and their panel for Valuation Expo, “ Appraiser Diversity Initiative: How the Industry is Attracting New Entrants and Fostering Appraiser Diversity. ”.
Sacramento Appraisal Blog
AUGUST 29, 2022
The housing market went from steaming to stagnant a few months ago, and now that some time has passed, we’re getting more stats to help show the effect of higher mortgage rates. Today let’s look at sales volume to understand what’s going on. I have a free download too for anyone wanting to make visuals […].
Eyes on Housing
AUGUST 1, 2022
For the first time since 2020, prospective buyers expect housing availability to improve. After falling steadily for five quarters, the share expecting the home search to get easier in the months ahead grew from 17% to 22% between the first and second quarters of 2022. Less competition from buyers priced-out of the market by recent increases in mortgage rates is.
Mashvisor
AUGUST 5, 2022
Attracting new guests is the primary goal of every Airbnb host and property manager. This can be achieved by increasing the visibility of the vacation rental in different channels.
Lamacchia Realty
AUGUST 5, 2022
Lamacchia Realty, Inc. has released their “Top Producing REALTORS®,” for July 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! July 2022 Winners of the Top 10 for the Company are: Laurie Howe Bourgeois has been a licensed REALTOR® since 2000 and in the customer service industry for 34 years.
Housing Wire
AUGUST 8, 2022
In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. CubiCasa , a real estate software company based in Finland, launched a new product to enable homeowners to generate floor plans at no cost through their app.
Sacramento Appraisal Blog
AUGUST 1, 2022
Good news. Buyers aren’t having to make aggressive offers like they used to (even when there are multiple offers). Let’s talk about this today. I suspect this is true in many areas across the country. I’d love to hear your take. UPCOMING (PUBLIC) SPEAKING GIGS: 8/11/22 Realtist Lunch & Learn (sign up here (open to […].
Eyes on Housing
AUGUST 3, 2022
The share of prospective home buyers who are actively engaged in the process to buy a home rose to 49% in the second quarter of 2022, after declining for three straight quarters. The pivot is likely driven by less competition from buyers who have exited the market, which has encouraged many of those remaining to become active buyers. Except for.
Clear Capital
AUGUST 24, 2022
Today, we are excited to announce Clear Capital’s Broker Price Opinions (BPOs) can easily be integrated and ordered without leaving your existing loan origination or order management system. . Now you can order BPOs through your system utilizing Property Valuation API — Clear Capital’s all-in-one valuation suite — and receive the BPO results as data and/or an easy-to-read pdf report.
Lamacchia Realty
AUGUST 16, 2022
Joselin Malkhasian has officially qualified for the 2022 President’s club by surpassing $16,000,000 in sales volume! This will be Joselin’s 6th time qualifying for this prestigious distinction and it is well deserved! Joselin is extremely hardworking while always making sure her clients are taken care of and are set up for success! Joselin is also a member of the 2020 and 2021 President’s Club ELITE.
Housing Wire
AUGUST 3, 2022
To say that mortgage rates have been on a wild Mr. Toad’s ride in 2022 is an understatement. In less than a year, we went from 2.78% on the 30-year fixed to as high as 6.28% , then recently got as low as 5% — only to have another move higher this week to 5.30%. People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% to 4.5%.
Mashvisor
AUGUST 24, 2022
The National Association of Home Builders (NAHB) recently published its list of the most affordable housing markets in the US for the second quarter of 2022.
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. Home values are still rising; however, sellers should still be putting forth their best efforts to sell safe and defect-free homes.
Eyes on Housing
AUGUST 15, 2022
The prices of building materials rose 0.4% in July (not seasonally adjusted) even as softwood lumber prices increased 2.3%, according to the latest Producer Price Index (PPI) report. Prices have surged 35.7% since January 2020, although 80% of the increase has occurred since January 2021. The PPI for goods inputs to residential construction, including energy, decreased 1.2% as the prices of.
Houston Properties
AUGUST 6, 2022
Located in a cul-de-sac within the vibrant Montrose neighborhood, Topaz Villas a new construction midrise featuring classic Italian interior design, innovative floor plans and modern finishes.
Lamacchia Realty
AUGUST 8, 2022
Eileen Doherty has officially qualified for the 2022 President’s Club ELITE! Eileen is the first Lamacchia REALTOR® to achieve this milestone, and she was also the first to join the 2022 President’s Club in June ! Eileen was the first member of the 2020 President’s Club ELITE and joined the club again in 2021 ! Additionally, Eileen has been a member of the President’s Club since its inception, making it previously in 2017 , 2018 , 2019 , 2020 , and 2021.
Housing Wire
AUGUST 9, 2022
Not many would count the title industry among the economy’s technology leaders. Candidly, there’s good reason for that. For decades, settlement services firms staked their reputations on personalized customer service and regional or local expertise, rather than cutting-edge technologies. More than a few observers have referred to us as a mom-and-pop industry because it’s comprised of a significant number of small agencies.
Assurance Financial
AUGUST 1, 2022
Loan Vision Case Study Featuring Assurance Financial. As with all forward-thinking organizations, Assurance Financial is well aware that continuous improvement is a necessity for any business, especially one in the ever-changing mortgage industry. 2019 found Assurance Financial looking for answers. With rapid upgrades to much of their customer-facing technology stack occurring, they knew they had to be able to quantify the spend being made and show some return on investment (ROI), but how?
Mashvisor
AUGUST 31, 2022
Redfin recently released a report that shows how home prices went down in July 2022. More than 15% of sellers lowered their asking prices in 97 US metros.
Eyes on Housing
AUGUST 16, 2022
Single-family built-for-rent sector construction surged during the second quarter of 2022 as homebuying affordability declined on higher mortgage interest rates. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 21,000 single-family built-for-rent (SFBFR) starts during the second quarter of 2022.
Houston Properties
AUGUST 30, 2022
Navigate the new Boulevard Oaks maps. Read about the Boulevard Oaks neighborhood and its real estate guide. Explore map of Boulevard Oaks homes for sale.
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