Sacramento Appraisal Blog
DECEMBER 3, 2024
Condos are struggling, and they’re really having a moment in today’s housing market. Let’s talk about what’s going on with volume, supply, and prices. Be sure to read my closing thoughts about housing doom and hot pockets too. UPCOMING SPEAKING GIGS: 12/5/24 Made 4 More Team (Exporting Data from MLS) 12/11/24 Gateway: Think Like an […] The post Condos are having a moment first appeared on Sacramento Appraisal Blog.
Housing Wire
DECEMBER 5, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Are you looking to add a dose of inspiration, humor and expertise to your Instagram feed? From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone.
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Appraisal Buzz
DECEMBER 3, 2024
Where is the best place to spend your golden years? According to U.S. News & World Report’s new study, 2025’s Best Places to Retire in the U.S. , Naples, Florida takes the top spot. Florida’s Paradise Coast beat out 149 other top U.S. cities, with Virginia Beach, New York City, Sarasota, and Boise rounding out the top five best retirement locales.
Real Estate News
DECEMBER 2, 2024
The $444 million deal brings the 8th-largest brokerage firm into the Compass fold and represents the brokerage giant’s first major move into the global market.
Speaker: Timothy Allsopp
Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.
Inman
DECEMBER 2, 2024
The deal is valued at around $444 million, with $150 million in cash and $294 million in equity. If finalized, it would merge the nation's No. 1 brokerage by sales volume with the No. 8 largest brokerage.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
DECEMBER 2, 2024
Nationwide, the average rent price fell by -0.8% to $1,720 in October, marking their 15th consecutive month of year-over-year declines and falling the most for smaller-sized units, according to Realtor.com’s October Rental Report. Realtor.com notes that new rental properties coming onto the market are expected to put continued downward pressure on rents next year.
Real Estate News
DECEMBER 4, 2024
Federal policy changes could impact real estate in surprising ways, but economists are predicting fairly modest shifts in the new year.
Inman
DECEMBER 2, 2024
The home was also designed to create a portable solution, as the home can be easily set up in almost any location. It comes pre-equipped with electricity and plumbing, ensuring essential amenities are available wherever it's placed.
Housing Wire
NOVEMBER 30, 2024
Communities across the country, particularly those that are popular among retirees, are seeing an influx of older residents as a “silver tsunami” — based on population rather than housing inventory — prepares to wash over them. South Florida — already a popular retirement destination due to its warmer year-round climate — has been struggling with a higher concentration of older residents and is poised to take on even more, according to local reporting from The Palm Beach Post.
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Appraisal Buzz
DECEMBER 5, 2024
The recent surge in immigration to the United States has ignited discussions about its potential effects on the housing market, particularly concerning housing costs. This conversation is especially pertinent amid an ongoing affordability crisis, where approximately half of renters are cost-burdened, and many individuals are being priced out of homeownership.
Real Estate News
DECEMBER 2, 2024
Feel like housing forecasts have been off lately? That’s because the market hasn’t been behaving as expected. See which factors are playing a bigger role.
Inman
DECEMBER 2, 2024
Refresh your real estate brand for the new year with a branding health check-up list from coach Darryl Davis.
Housing Wire
DECEMBER 5, 2024
Why most teams struggle to scale Scaling a real estate team to $100 million in production is a daunting challenge, but the biggest roadblock isn’t market conditions or competition — it’s outdated strategies. Many team leaders fall into the trap of simply working harder, hoping that hustle alone will create results. Without systems and processes that support consistent growth, teams often hit a plateau, leaving leaders frustrated and burnt out.
Appraisal Buzz
DECEMBER 6, 2024
A recent analysis of Federal Housing Finance Agency (FHFA) data by the Urban Institute dispels the myth that manufactured homes do not appreciate as much as site-built homes. The report , which includes government-sponsored enterprise (GSE) mortgage data for manufactured homes, reveals that between 2000 and 2024, manufactured homes appreciated at nearly identical rates to site-built homes, growing approximately 5% annually.
Real Estate News
DECEMBER 2, 2024
The National Association of Realtors reported having roughly 1.52 million members in December, despite growing pushback from agents and local associations.
Eyes on Housing
DECEMBER 5, 2024
House prices posted modest annual growth for the third quarter of 2024, as elevated mortgage rates kept many potential home buyers away from the housing market. Nonetheless, housing inventory has improved in recent months. Nationally, house price appreciation has decelerated for two straight quarters. According to the quarterly all-transactions House Price Index (HPI) released by.
Housing Wire
DECEMBER 4, 2024
While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year. Real ended 2023 with 13,650 agents and as of Wednesday the company reports that it has now reached 23,000 agents.
Appraisal Buzz
DECEMBER 5, 2024
ATTOM has released its latest Special Housing Market Impact Risk Report , a study examining county-level housing markets around the U.S. that are more or less vulnerable to declines, based on home affordability, equity, and other measures in the third quarter of 2024. The report shows that California, New Jersey, and Illinois once again had high concentrations of the most-at-risk markets in the country, with parts of Florida also joining that mix.
Real Estate News
DECEMBER 4, 2024
Damian Eales sees Zillow as both a top competitor and an important partner, and explains why he has continued to “call out” Homes.com.
Inman
DECEMBER 5, 2024
Tune into Inman Access to elevate your skills and refine your video marketing strategy to grow income, leads and credibility.
Housing Wire
DECEMBER 2, 2024
Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. SERHANT. announced Monday that it secured $45 million in a Series A funding round led by real estate venture capital firm Camber Creek and participation from Left Lane Capital.
Appraisal Buzz
DECEMBER 5, 2024
Down payment shares peaked early this year, in Q2 2024 versus the normal Q3 trend, according to Realtor.coms bi-annual down payment report. Nationwide, down payments in Q3 of 2024 averaged 14.5% with a median down payment of $30,300, down from Q2 2024s historical peak of 14.9% and $32,700. Overall, 2024 was down year-over-year as easing mortgage rates improved affordability conditions.
Real Estate News
DECEMBER 3, 2024
So far, the pace of home sales has been slower this year, but the fall bump in pending sales could translate to a December rally — if mortgage rates drop.
Inman
DECEMBER 2, 2024
This week Intel explores the financial data behind three real estate companies that thrilled investors amid a stagnant market that stymied the competition: Compass, Zillow and The Real Brokerage.
Housing Wire
DECEMBER 6, 2024
Real estate agents are no strangers to going out of their way to help their local communities. According to the National Association of Realtors (NAR) Community Aid and Real Estate (CARE) Report published in May, nearly 70% of all NAR members reported that they volunteered at least eight hours a month in 2023. Leigh Brown , the broker-owner of North Carolina -based One Community Real Estate , is one such Realtor with a penchant for volunteering.
Appraisal Buzz
DECEMBER 4, 2024
American homeowners poured $827 billion into home improvement projects during the two-year period ending in 2023, according to the latest U.S. Census Bureau American Housing Survey. This marks an increase of more than $200 billion compared to the previous survey period, with total projects rising by 4%. Average project costs also climbed, reflecting not only inflation in raw materials and labor, but also a shift toward professionally completed renovations.
Real Estate News
DECEMBER 5, 2024
Purchase applications and home tours are on the rise as rates drop to the lowest level in six weeks.
Inman
NOVEMBER 30, 2024
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Housing Wire
DECEMBER 2, 2024
Despite being the beneficiaries of historic increases in home-price appreciation during and after the COVID-19 pandemic , older baby boomers — many of whom are approaching the age of 80 in 2025 — are now finding themselves challenged by a dearth of housing inventory that can best accommodate living in later life. This is according to a recent story published by Business Insider, which characterizes the dynamic as partially of the generation’s own making.
Appraisal Buzz
DECEMBER 6, 2024
According to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES) , following an average expectation for national home price growth of 5.2% in 2024, a panel of more than 100 housing experts forecasts home price growth to decelerate to 3.8% in 2025 and 3.6% in 2026. The panels estimates of national home price growth represent an upward revision from last quarters expectations of 4.7% for 2024, 3.1% for 2025, and 3.3% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).
Real Estate News
NOVEMBER 30, 2024
Bay Area team joins KW Thrive; ex-eXp CFO moves to LPT; BHGRE expands in Tenn. with merger; REA surpasses 1,000 agents; The Agency launches NY title company.
Inman
DECEMBER 2, 2024
A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal.
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