Remove Home Value Remove Housing Market Remove Inventory Remove Loan Officers
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Millions will enter housing market in 2021: Zillow

Housing Wire

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6%

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Don’t expect a drastic housing market turnaround in 2023, Fitch Ratings says

Housing Wire

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

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A closer look at housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. San Diego, California. Peoria, Illinois. “If

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Exactly what’s going on in today’s housing market, explained by 4 trends

Cornerstone

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. A housing inventory shortage.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

I remember loan officers telling me that I needed to be “creative” with my appraisals. To “think outside of the box” when valuing a property. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. While at the same time, home prices were surging.

Inventory 243
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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

The fact that housing inventory is at record lows has driven up prices – and potential profits — by 14.1 Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains. Spring is a favorable season for move-up buyers. Want to move even faster?

Sellers 66
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Exactly what to say when your clients ask these big questions

Cornerstone

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. In a market this competitive, a seller has an advantage.

Clients 62