Housing Wire

JULY 25, 2023

Impact on home values and sales In the meantime, real estate agents in Florida and California are concerned that the rising homeowners’ insurance costs in their states will have a negative impact on homeownership. In addition to impacting homebuyers, in Florida, Williams believes rising insurance costs may lead to lower home values.

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Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. homes, valued at $19.7 homes, worth $13.6 of homes in the U.S., valued at nearly $7.7 ” U.S.

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Empire Appraisal Group

SEPTEMBER 22, 2022

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

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Housing Wire

JANUARY 17, 2024

This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

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Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” As rates rise, it becomes more expensive to borrow money for a home purchase.

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Housing Wire

OCTOBER 3, 2022

Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The market grew from just 1.7 months of for-sale inventory to 3.1

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Inventory Home Value Housing Market Mortgage 525

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices.

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Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

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Housing Wire

JANUARY 2, 2023

Nichole Bachaud, Zillow ’s senior economist, added: “With the winter quickly approaching, a time where housing market activity typically stagnates, home values are expected to continue their slide down. But these minor price drops aren’t enough to really impact affordability and thus demand.

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Home Value Housing Market Contracts Sellers 369

Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Automated marketing: Yes.

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Advertising Tools Real Estate Sellers 359

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. Here’s a closer look at which four factors are creating this never-before-seen market. Climbing home prices.

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Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. So, while the rate of home-price gains is trending downward, home values are still appreciating overall.

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Eppraisal

AUGUST 26, 2022

This means that the sizzling hot seller's market will be softening up a bit. It won't turn into a buyer's market right away. In fact, home values are still rising. In order to maximize sales prices, sellers should follow a few strategies. Homes were selling without a lot of preparation.

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Sellers Real Estate Marketing Real Estate Agent 36

Eppraisal

FEBRUARY 22, 2022

Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. For instance, and for simplicity, if there are 30 identical houses and $600 in circulation, each property would be priced at $20. Who Does Inflation Help?

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Housing Market Marketing Property Taxes Home Value 36

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller.

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Housing Market Real Estate Marketing Buyers 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

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Eppraisal

JANUARY 28, 2022

Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% " It is already happening, especially in the hot markets. Housing Market Crash in 2022?

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Marketing Home Value Real Estate Housing Market 68

Eppraisal

JUNE 8, 2021

According to Realtor.com's April 2021 Monthly Housing Market Trends Report, the national inventory of active listings declined by 53% over last year. The report also indicates that homes are selling at historical speed, with the time on the market for a typical listing dropping down to a low of 43%.

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Marketing Sellers Buyers Home Value 69

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Clear Capital

DECEMBER 14, 2022

The housing market has been kind to homeowners these last few years. The average home value has jumped 43% since late 2019, and sellers have raked in eye-popping profits because of it. As we head in 2023, the market looks very different. The post Your Home May Lose Value in 2023. That depends.

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Home Value Real Estate Sellers Technology 36

Eppraisal

APRIL 21, 2023

This can lure buyers into the market because the cost of financing is less prohibitive. In this scenario, the bank failures can be a positive for sellers and home value since more purchasers are shopping. So, the underwriting strictness that followed the WaMu debacle are less likely to return.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Unlike the years leading up to 2008, today’s market has been filled with excessive bidding wars. And what happens when the contract price is above the market value? Housing Bubble-Icious. And the saga continues.

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Inventory Market Value Appraisal Contracts 243

Hank Miller Team

DECEMBER 7, 2021

Price per square foot is unreliable to value homes. It is without question one of the most quoted "sources" when home values are discussed but it is so flawed that on any level, it cannot stand even the softest of challenges. All real estate conclusions are suspect unless they are hyper local and focused.

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Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% Metro results for home sellers.

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Sellers Investing Housing Market Real Estate 369

Robinson Appraisal Group

NOVEMBER 25, 2022

Interest rates play a crucial role in the housing market. Lower rates typically promote an increase in demand for properties, this in turn drives up pricing, while on the flip side of that, higher interest rates reduce the demand since the costs of a mortgage increase deterring prospective home buyers.

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Real Estate Buyers Investors Home Value 88

Cornerstone

APRIL 30, 2021

It’s an ideal time for sellers to take advantage. NAR’s recent Existing Home Sales report showed that pre-spring home sales were up 23.7 Sellers who may have been reluctant to list in the past few years are now considering it. But with rates still around record lows, homebuyer demand is even greater.

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Sellers Buyers Inventory Loan Officers 66

Eppraisal

JUNE 28, 2022

Many home sellers that have been holding out are now listing their homes for sale in order to catch the still hot seller's real estate market. Conversely, the changes are forcing some buyers out of the market. The inventory of homes available for sale is starting to balance.

Marketing 36

Marketing Real Estate Sellers Inventory 36

Home Junction

APRIL 30, 2020

This is where property data providers such as Home Junction can help brokers and agents provide the information that helps consumers make informed decisions. Data can help buyers and sellers get a clearer picture of what is taking place right now. For example, consider these three data offerings: Trends in home prices.

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Marketing Real Estate Home Value Agents 69

PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. That’s why homeowners sometimes choose to sell and advertise their houses as is. Selling as is means you can usually avoid those possibly expensive repairs.

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Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

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Housing Market Marketing Construction Inventory 315

Cornerstone

MARCH 12, 2021

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.

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Clients Sellers Loan Officers Real Estate 62

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We

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Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different.

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Listing Spark

SEPTEMBER 30, 2020

That’s great news if you are a seller though. . Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. The real estate market typically has lagging indicators when it comes to a recession. What’s driving this?

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Real Estate Marketing Inventory New Listings 69

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. percent or so. This can impact monthly cash flow considerably.

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Real Estate Supply Chain Marketing Inventory 67

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. Equity : A percentage of the home's value owned by the homeowner.

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