Appraisal Buzz

OCTOBER 7, 2024

The firm’s quarterly VeroFORECAST report evaluates home prices in over three hundred of the nation’s largest housing markets and taxes into account the interrelationships of numerous economic, housing, and geographic variables pertaining to home value.

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Inventory Housing Market Valuation Home Value 361

Appraisal Buzz

JANUARY 22, 2025

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. In the meantime, owned home value growth has leveled out at 2.6%

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Inventory Home Value Tenants Property Management 370

Appraisal Buzz

DECEMBER 30, 2024

Housing inventory will likely still be low in 2025, and demand could increase. If youre prepared financially, then its a good time to buy a homeeven if inventory is limited and interest rates are high. If youre not financially prepared, its not a good time, even if theres plenty of inventory and rates are down.

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Housing Market Marketing Inventory Real Estate 363

Appraisal Buzz

OCTOBER 18, 2024

The housing market remains structurally underbuilt, and homeowners with locked-in low mortgage rates are keeping existing-home inventory limited. home value is $359,892, up 2.7% over the past year, which may further cause affordability issues for potential home buyers. And as Zillow reports , the average U.S.

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Construction Housing Market Inventory Home Value 418

Appraisal Buzz

JANUARY 2, 2025

home values had an annual growth of 3.6%a Lisa Sturtevant, Chief Economist at Bright MLS, also commented on the S&P CoreLogic Case-Shiller Home Price Indexs release and had this to say: The S&P CoreLogic Case-Shiller Home Price Index showed that home prices rose again in October. last month).

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Inventory Buyers Home Value Housing Market 359

Housing Wire

DECEMBER 16, 2024

.” Septembers dip in mortgage rates provided a tailwind to home sales in the second half of the year. Home values are forecast to tick up 2.2% For-sale inventory is now about 26% below the norms of 2018 and 2019, the smallest shortfall since September 2020. Zillow says that 2024 will finish with 4.06

Housing Market 370

Housing Market Marketing New Listings Home Value 370

Appraisal Buzz

MARCH 20, 2025

The median existing-home sales price was $398,400 in February, an increase of 3.8% February marked the 20th consecutive month of year-over-year home price increases, NAR says. The inventory of unsold existing homes climbed 5.1% from February 2024. from the prior month to 1.24 million about a 3.5-month

Home Value 195

Home Value Inventory Buyers Realtors 195

Appraisal Buzz

SEPTEMBER 19, 2021

For the first time since January, home value appreciation slowed month over month in August. Competition eased slightly as inventory rose for a fourth consecutive month, … The post Home Value Appreciation Slows appeared first on theMReport.com. That does not mean it is typical, data analysts say.

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Home Value Inventory Appraisal Marketing 195

Appraisal Buzz

MARCH 31, 2025

Last weeks purchase activity was driven primarily by a 6% increase in FHA applications, as the combination of loosening housing inventory, and slowly declining mortgage rates have presented this segment of buyers with more opportunities. home valued at $357,138, up 2.6% over the past year.

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Mortgage Buyers Home Value Inventory 435

Housing Wire

SEPTEMBER 27, 2023

Take the Zillow Home Value Index. It measures the typical home value for single-family residences, condominiums and co-ops in the 35th to 65th percentile within their region. For the nation as a whole, home values have hardly changed since August 2022 by Zillow’s estimation in its Home Value Index.

Home Value 447

Home Value Inventory Valuation Housing Market 447

Appraisal Buzz

MAY 24, 2021

The median price of a home continues on a month-over-month upward trajectory, as short inventory plays a major factor into homebuyer’s decision-making in pursuit of the American Dream. . The post Home Values Rise to Highest Point Since Pandemic Start appeared first on theMReport.com.

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Home Value Inventory Appraisal 195

Appraisal Buzz

NOVEMBER 15, 2024

The continuous housing shortage has also had an impact on this choice, since it has prompted many current homeowners to remain in their homes and take use of their equity. Instead of dealing with the difficulties of purchasing in a competitive market, many homeowners are choosing to invest in their existing homes.

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Renovations Lending Investing Home Improvement 370

Housing Wire

MARCH 15, 2024

Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. The typical home in the U.S. was worth $349,216 in February, according to the Zillow Home Value Index. That’s up 4.2% compared to February of 2023.

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New Listings Inventory Home Value Contracts 493

Appraisal Buzz

JULY 16, 2024

elementor-widget-heading.elementor-heading-title.elementor-size-xxl{font-size:59px} A rise in inventory The total number of homes on the market has risen throughout the year, ticking up 4% from May 2024 to June 2024 to stand nearly 23% above last year’s low level. Home values held steady in New Orleans and Denver.

Home Value 397

Home Value Inventory Buyers Sellers 397

Appraisal Buzz

JUNE 12, 2024

May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. Home values are up from year-ago levels in 46 of the 50 largest metro areas. Home values are down from year-ago levels in three major metro areas. Inventory levels are 33.8%

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Sellers Buyers New Listings Home Value 397

Housing Wire

OCTOBER 3, 2022

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. Much of that depends on how much inventory returns to the market. months of for-sale inventory to 3.1

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Inventory Home Value Housing Market Mortgage 529

Empire Appraisal Group

DECEMBER 19, 2024

Despite Inventory Rise, Home Buyers Remain Cautious Source: [link] More listings are coming to the real estate market, but home sales continue to be sluggish. There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy. Home Sales Report.

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Inventory Buyers Real Estate Realtors 78

Housing Wire

JULY 6, 2022

Home price growth slowed in May, showing signs of a cooling housing market. But housing is the least affordable it has been since the mid-1980s as mortgage rates rise and home values soar, driven by low housing inventory, a new Black Knight report suggests. in May from a revised 20.4% Prices, however, are still up 1.5%

Inventory 418

Inventory Home Value Housing Market Mortgage 418

Appraisal Buzz

JULY 10, 2024

VeroFORECAST evaluates home prices in over three hundred of the nation’s largest housing markets, and the company is committed to the data science of predicting home value based on rigorous analysis of the fundamentals and interrelationships of numerous economic, housing, and geographic variables pertaining to home values.

Home Value 390

Home Value Inventory Housing Market Buyers 390

Appraisal Buzz

SEPTEMBER 16, 2024

According to Zillow’s most recent market report , reduced mortgage rates and more inventory are providing house buyers with a window of opportunity at an uncommon time of year. For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Inventory levels are -30.8% from last month.

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Buyers Inventory New Listings Home Value 396

Housing Wire

JUNE 10, 2024

The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic , mainly due to a lack of inventory, according to the study. Bankrate estimates these costs at 2% of the typical home value, which stood at $436,291 in March, according to Redfin.

Property Taxes 518

Property Taxes Insurance Home Value Inventory 518

Housing Wire

SEPTEMBER 22, 2021

. “Although there was a decline in home purchases, potential buyers are out and about searching, but much more measured about their financial limits, and simply waiting for more inventory,” Yun said. Yun said that the inflated home prices have made “for an unbalanced market, but prices would normalize with more supply.”.

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Inventory Buyers Realtors Home Value 418

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

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Inventory Home Value Marketing 261

Appraisal Buzz

AUGUST 5, 2024

Record-breaking equity and eased leverage The growth in home equity has outpaced the rise in mortgage debt, reducing overall market leverage. of underlying home values, down from 44.6% of mortgage holders have less than 10% equity in their homes. Total mortgage debt is now equivalent to 44.1% year-over-year.

Home Value 397

Home Value Inventory Mortgage Lending 397

Housing Wire

NOVEMBER 22, 2023

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. 2019 level.

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Inventory Home Value Housing Market Buyers 487

Housing Wire

APRIL 15, 2024

Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers.

Housing Market 467

Housing Market Inventory Buyers New Listings 467

Housing Wire

NOVEMBER 18, 2022

Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. Both a pullback in demand and limited supply remain vexing problems for the housing market. months in October 2021.

Housing Market 448

Housing Market Marketing Inventory New Listings 448

Housing Wire

SEPTEMBER 9, 2024

Given this inventory and Miami’s status as a premier destination for luxury real estate, top-performing agents remain dominant in the market, handling a significant share of the transaction volume. This exclusive enclave boasts a median home value of over $10,350,000, making it one of the most expensive ZIP codes in the United States.

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Real Estate Agents Marketing Real Estate Agent 455

Appraisal Buzz

FEBRUARY 17, 2022

Homebuyers are facing another challenging shopping season, as Zillow revealed its latest monthly report showing record-breaking low inventory, and unprecedented price growth. The Zillow Home Value Index (ZHVI) rose 1.5% The post Housing Inventory Plunges to Record Lows appeared first on Appraisal Buzz. from a year ago.

Inventory 150

Inventory Home Value Appraisal 150

Housing Wire

FEBRUARY 18, 2021

In 2020, home prices soared by nearly 10% to levels not seen since 2014, all while inventory dropped significantly. However, even individuals that purchased homes in 2020 have seen an increase in home value after just one year of homeownership. More for Real Estate Enthusiasts.

Real Estate 529

Real Estate Investing Marketing Home Value 529

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories.

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Inventory Technology Design Tools 435

Appraisal Buzz

SEPTEMBER 10, 2024

Realtor.com’s Sixth Annual “ Best Time to Buy Report ” examined listing prices, inventory levels, new “fresh” listings, time on market, homebuyer demand, and price reductions, revealing that the “Best Time to Buy” in 2024 will be the week of September 29-October 5. home value is presently $362,481, up 3.3% over the past year.

Inventory 397

Inventory Buyers New Listings Marketing 397

Housing Wire

DECEMBER 22, 2021

trillion of housing value over the last year, according to a report published by Redfin this week. The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. As a result, the value of U.S. homes grew by 31.4% to $8 trillion.

Home Value 448

Home Value Valuation Real Estate Housing Market 448

Appraisal Buzz

SEPTEMBER 27, 2024

Researchers for LendingTree found home values in the country’s priciest micro politan areas (“towns” for the purposes of their report) rival those in the nation’s largest metros. In Vineyard Haven, for example, the median value of a home is 10.71 The median home value in these areas is an average of only 2.95

Home Value 370

Home Value Real Estate Buyers Construction 370

Housing Wire

SEPTEMBER 9, 2021

Consumers, meanwhile, are still desperate to buy homes. The lack of available inventory coupled with sustained consumer demand has continued to drive historic increases in home prices. In June, home-price growth in the U.S. reached a record high, up 18.6% for the week ending Sept.

Mortgage 493

Mortgage Valuation Home Value Inventory 493

Appraisal Buzz

JUNE 20, 2024

In fact, down payment assistance providers have responded to the difficult housing market by increasing the number of programs offered and expanding inventory options with support for manufactured homes and owner-occupied multi-unit homes.” Locating pockets of affordability In 10 major U.S. Lucie, Florida, which experienced a 5.7%

Home Value 397

Home Value Buyers Housing Market Inventory 397

Inman

APRIL 15, 2024

Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow.

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Home Value Inventory Marketing Buyers 167