Housing Wire

AUGUST 30, 2021

The Sunshine State seems to be getting a lot more foot traffic these days, with the number of homebuyers moving to Miami tripling year-over-year, a new analysis found. According to Redfin ’s monthly migration report, July saw the net inflow of Redfin users packing their bags and moving to Miami rise to 7,610, up from 2,216 last year. Milagros Alvarez, a Miami real estate agent at Redfin, said that the pandemic “has brought even more out-of-towners to the area” because so many people can no

Real Estate 545

Real Estate Real Estate Agent Finance Agents 545

Sacramento Appraisal Blog

AUGUST 17, 2021

I have three things on my mind today. I’d love to share a helpful analogy for today’s housing market, let’s talk about unrealistic seller expectations, and then unpack some fresh stats. Real Estate Week: Next week I’ll be taking part in a free video interview with The Sacramento Bee to talk about the insanity of […].

Sellers 467

Sellers Housing Market Real Estate Marketing 467

Appraisal Buzz

AUGUST 16, 2021

Like many busy appraisers, I can spend a lot of time in my own little world just trying to keep my head above water. Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. I’ve written about this topic in the past. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 418

Eyes on Housing

AUGUST 31, 2021

In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months. All 20 metro areas reported home price increases in June, while 12 of them had an acceleration in home price growth. The S&P CoreLogic Case-Shiller U.S.

Inventory 218

Inventory Construction 218

GoForrmz

AUGUST 23, 2021

Eliminate hourly employee tracking headaches with these powerful GoFormz features Tracking employee overtime with timecards, timesheets, and more is a crucial operational function when recording and monitoring employee hours within a pay cycle. Oftentimes, time tracking solutions force you to choose between an option that is too costly for the business or an option that creates extra steps, resulting in an inefficiency problem as well as a higher chance for human error.

Business 167

Business Tools 167

Sacramento Appraisal Blog

AUGUST 11, 2021

The housing market has turned the corner and we are seeing definitive slowing. Here are ten ways I’m seeing slowing in the market. If you’re not local, what are you seeing in your area? NOT DULL: The market is slowing, but it’s not dull. It is still really competitive. DOOM AND GLOOM: The doom and […].

Housing Market 465

Housing Market Marketing Appraisal Real Estate 465

Appraisal Buzz

AUGUST 23, 2021

One of the most important math calculations in an entrepreneurs toolbox is knowing what the value of an hour is worth. We tend to call this calculation ‘dollars per hour,’ as in, “I just billed out $200 per hour,” or “I make $100 per hour.” We hear and see this fairly frequently in forums where appraisers are talking about bidding on work and how much one should aim for when deciding how much to bid on an appraisal order.

Appraisal 435

Appraisal Business Training Clients 435

DW Slater Company

AUGUST 24, 2021

Enjoying a Corpus Christi Beach. As summer begins to wind down and we enjoy those few days of sun and beach, fall is just around the corner. Most schools in our area have started back and life is trying to settle into some sense of normalcy. Since we are still dealing with the pandemic and the delta variant has hit our area, the sense of normalcy is fragile at best.

Construction 166

Construction Inventory Real Estate Marketing 166

Eyes on Housing

AUGUST 12, 2021

Prices paid for goods used in residential construction ex-energy rose 0.2% in July after climbing 3.0% in June (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019 and have increased 19.4% over the.

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Construction 203

Urban

AUGUST 30, 2021

Expanding state and local protections and accelerating emergency rental assistance is critical to keeping renters in their homes.

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Housing Wire

AUGUST 3, 2021

When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble. Quite the opposite: In that cycle we had the weakest housing recovery ever, even with the lowest mortgage rates during the longest economic expansion ever.

Housing Market 545

Housing Market Marketing Mortgage Real Estate 545

Sacramento Appraisal Blog

AUGUST 3, 2021

Is it a poor neighborhood? Is it rich? Is the neighborhood desirable or undesirable? Is it family-friendly? Is it crime-ridden? These are words some might use to describe certain neighborhoods, but they’re 100% off limits for appraisers (and probably other real estate professionals). Let’s talk about this. A refresher & false narratives: I hope […].

Real Estate 425

Real Estate Appraisal Housing Market Marketing 425

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines. It may benefit you and your business to stay updated on policy as it relates to the appraisal profession.

Appraisal 435

Appraisal Inspection Lending Business 435

JMV Lending

AUGUST 27, 2021

WHAT CONSTITUTES A BEDROOM? I wrote a blog last year called What Constitutes A Bedroom? in response to an agent who was angry b/c our appraiser refused to deem a 42 square foot (sf) room “a bedroom.” The appraisal came in low b/c the house was correctly deemed a two-bedroom instead of a three-bedroom, as […]. The post Bedroom Counts And Home Values – A Very Big Deal!

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Home Value Lending Appraisal Agents 158

Eyes on Housing

AUGUST 4, 2021

According to the 2020 Bureau of Labor Statistics Occupational Employment Statistics (OES) Survey data and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $50,460 and the top 25% make at least $71,000. In comparison, the U.S. median wage is $49,150, while the top quartile (top 25%) makes at least $67,410.

Construction 182

Construction 182

GoForrmz

AUGUST 27, 2021

Easily gather patient feedback with online forms and digital data capture Digital and online forms provide a convenient way to collect patient feedback and quickly address patient concerns. Leveraging our HIPAA-secure edition , your practice can easily digitize its existing work forms for secure use on phones, tablets, and computers – or start from scratch and build entirely new forms in our online form builder.

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Housing Wire

AUGUST 23, 2021

The National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew. Mother demographics and low mortgage rates , two things that have been transparent to human beings for a long time, are powerful economic forces. Both together make it very difficult for an epic housing crash in sales to happen, especially when the years 2008-2019 had the weakest housing recovery ever.

Realtors 536

Realtors Marketing Mortgage Housing Market 536

Sacramento Appraisal Blog

AUGUST 25, 2021

How much is a bedroom worth? What sort of adjustments do you give when looking at two houses with a difference of one bedroom? It’s always $10,000, right? Or wait, someone else said $20,000. What’s the truth? Let’s talk about this today. I’d love to hear your take in the comments. SacBee presentation: This week […].

Appraisal 421

Appraisal Real Estate 421

Appraisal Buzz

AUGUST 26, 2021

Stewart Information Services Corp. is acquiring Informative Research (IR), a credit, consumer and real estate data and technology services provider. IR serves more than 3,000 customers across the U.S. The purchase price is $192 million and will be funded with available company resources. The transaction is expected to close following the appropriate regulatory review and will be immediately accretive to Stewart’s earnings.

Real Estate 397

Real Estate Technology Investing Appraisal 397

Urban

AUGUST 25, 2021

Evidence suggests the FHA’s low-documentation modification will greatly improve the take-up rate and increase the number of successful modifications.

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Eyes on Housing

AUGUST 3, 2021

The latest labor force statistics from the 2019 American Community Survey show that more young people are entering the construction trades. The share of workers under the age of 25 reached 10.8% in the construction industry in 2019, compared to only 9.7% in 2015. Consequently, the median age of construction workforce is 41 in 2019, a year younger than in.

Construction 182

Construction 182

GoForrmz

AUGUST 19, 2021

Seamlessly share editable digital form drafts with users outside of your GoFormz account to capture event details It’s imperative that event planners and catering companies are effective and efficient when capturing client information and organizing various simultaneous requests. By digitizing and streamlining workflows , event planners and catering service companies can increase efficiency, reduce stress, and access real-time data anywhere, anytime.

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Clients Business 158

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. According to Sam Khater, chief economist at Freddie Mac, concerns over the COVID-19 Delta variant, along with lower 10-year Treasury yields, have resulted in lower rates.

Mortgage 527

Mortgage Valuation Housing Market Renovations 527

McKissock

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. In this post, we provide valuable tips for preparing to inspect a luxury home, including some key questions to ask of the homeowner, agent, or builder about upgrades and amenities. 1. Research the subject property. Carefully research the subject property prior to the appraisal inspection , keeping the following in mind: Online mapping (aerial, satellite, GIS) can help with a pr

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Inspection Renovations Valuation Appraisal 104

BiggerPockets

AUGUST 30, 2021

There’s more to winning a bidding war than crushing other investors with your bank account until the home seller caves to your offer. Armed with knowledge, you’ll be the victor in the battle to buy a property. without paying more than you should.

Sellers 90

Sellers Investors 90

Urban

AUGUST 5, 2021

How the repurposing of guarantee fees can support affordable housing and underserved market priorities.

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Marketing 157

Eyes on Housing

AUGUST 3, 2021

An earlier post revealed that 66% of buyers who were actively engaged in the process of finding a home in the second quarter of 2021 have spent upwards of 3 months searching for a home without success. For two quarters recently (Q4 2020 and Q1 2021), ‘getting outbid by other offers’ was the most common reason these long-time searchers could.

Buyers 181

Buyers 181

GoForrmz

AUGUST 10, 2021

Building form Templates just got even easier – check out our new Template Editor improvements and learn to create forms from scratch! We have just released an update to our Template Editor allowing form builders two powerful options when creating a digital form Template: Digitize your form in Form View Upload a PDF or JPG of an existing form to the Template Editor Create an entirely new form in List View (an ‘app-like’ index of form fields) Build your own form from scratch – no existing form req

Design 158

Design Business 158

Housing Wire

AUGUST 18, 2021

Today, the U.S. Census Bureau reported that housing starts hit 1,534,000 for July, missing estimates. Permits, on the other hand, beat estimates, coming in at a seasonally adjusted rate of 1,635,000. Positive revisions to the previous data were made, but not by very much. This mixed bag of results reflects the typical variability in the data that occurs when not too much has been happening in housing except that monthly supply has been rising for the new home sales market.

Inventory 520

Inventory Buyers Business Mortgage 520

Mashvisor

AUGUST 23, 2021

Perhaps you’ve been sifting through Kissimmee houses for sale on real estate investment websites like Mashvisor and noticed that the projected returns are quite high.

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Real Estate Investing Investors 78

BiggerPockets

AUGUST 18, 2021

A home appraisal is an unbiased professional opinion of a home’s value based on recent sales of properties nearby. Here's how the process works.

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Appraisal Process Valuation Appraisal 95

Clear Capital

AUGUST 30, 2021

Company recognized for innovation in global real estate technology industry. RENO, Nev. — August 30, 2021 —. Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. PropTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services aro

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Valuation Tools Real Estate Technology 74

Eyes on Housing

AUGUST 5, 2021

Soaring building material costs, high demand and low inventory have added tens of thousands of dollars to the price of a new home and caused housing affordability to fall to its lowest level in nearly a decade during the second quarter of 2021. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), 56.6 percent of.

Inventory 177

Inventory 177