Housing Wire

MAY 9, 2022

billion in 2020, an increase that ALTA attributed to historic mortgage origination activity and the substantial increase in home values. Incredibly low mortgage rates (led) to an unprecedented increase in real estate transactions and substantially higher home values,” Diane Tomb, the CEO of ALTA said in a statement.

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Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. Presented by: Propertybase. The Texas capital saw the largest rise in median list prices for homes among the 50 largest U.S. and Austin.

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Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

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Sellers Inventory Housing Market Buyers 384

Housing Wire

MAY 25, 2021

Presented by: MCT. Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. “And unfortunately, a slowdown in starts and permits shows the new home supply, while much higher than pre-pandemic levels, will not be increasing soon.”

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Hank Miller Team

MARCH 6, 2024

Greater Atlanta remains one of the strongest national markets, home values are not likely to drop over the next several months. Inventory Favors Sellers, but is Balancing The rate bumps literally shocked and froze the market like Wiley E. A balanced market tends to have 3-5 months of inventory, this was down to 1.1

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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 465

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. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Again, good news for sellers; a headache for seekers.

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Real Estate Supply Chain Marketing Inventory 67

Housing Wire

AUGUST 28, 2020

Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. But perhaps even more importantly, they help you show the homeowner the value you bring to them. Listing tools.

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DW Slater Company

FEBRUARY 23, 2023

The biggest answer is inventory. The inventory is still at very low levels. No longer are homes selling above list price (see Percent of Orignal Price chart below ) In fact they are selling at a more reasonable 5% below list price. The charts presented here are just overall trends for all single-family homes in each county.

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Inventory Marketing Supply Chain Appraisal 128

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%

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Inventory Home Value Housing Market Mortgage 381

Cleveland Appraisal Blog

APRIL 29, 2021

And that can certainly translate into increases in value. I also have some new podcasts in the works for my show at Home Value Stories. I just aired one on home staging this week. The UAD and Appraisers – Past, Present and Future – APPRAISAL TODAY. I am working on new posts of my own. So, stayed tuned.

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Eppraisal

MARCH 25, 2022

How does this confluence of evil tidings affect home sales? Coming out of the COVID-19 pandemic, and an extended period of low inventory of homes for sale, brokers do not see any significant improvements in the real estate market in the short term. Does Inflation Help or Hurt Home Value? percent to 3.76

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Supply Chain Real Estate Marketing Sellers 36

Housing Wire

SEPTEMBER 9, 2021

Presented by: Black Knight. 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.

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Mortgage Home Value Valuation Inventory 473

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. If there’s a surge of foreclosures, will home values start to decline?

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Clients Sellers Loan Officers Real Estate 62

Housing Wire

JULY 26, 2022

The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5% from an all-time high in the previous month even while a record share of all homes for sale saw price drops. Presented by: Auction.com. “At

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Housing Market Inventory Retail Marketing 369

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. During the appraisal, a licensed appraiser will take inventory of major systems (i.e., 10 Steps to Buying REO Properties.

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Inspection Real Estate Agent Real Estate Agents 69

Home Junction

JUNE 17, 2020

A geocode API tool can add an important new dimension to an agent’s website that can be critical when home prices in local marketplaces are at all time highs. Geocode API Visually Illustrates Value of Location. They can use a map…or present those amenities in list form by distance. Difficult situation.

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Tools Agents Buyers Transportation 36

Chicagoland Appraisal Blog

JULY 13, 2017

If this is how the list price was determined, as the realtor do you have this information readily available to present to the appraiser? How are property values trending, what are current inventory levels, etc? Realtors should attend EVERY home appraisal. What are the takeaways?

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Appraisal Marketing Realtors Real Estate 78

Home Junction

MAY 12, 2020

That’s also the time to present your market data and the comparables you have found that justify the seller’s asking price. There is a plethora of market data for real estate that can be obtained from national aggregators such as Home Junction. Sure, home prices nationally might be soft. Or by zip code.

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Real Estate Marketing Sellers Counter Offer 36

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives. Episode Links.

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Real Estate Marketing Home Value Inventory 36

Houston Properties

JANUARY 13, 2021

We use data to create custom solutions for our clients, present this to them, and have candid conversations on what they should do given the situation. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Eppraisal

MAY 13, 2022

It was a sizzling hot seller's market, as sellers took advantage of the low housing inventory available for sale. " The situation in the Ukraine is causing unrest and uncertainty in some home buyers and sellers as well. Some first-time home buyers are not able to be approved to purchase homes at the current interest rates.

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Marketing Real Estate Sellers Home Value 36

Cornerstone

MARCH 3, 2021

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Experts project that home values will continue to increase throughout the year. The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Ready to sell?

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Sellers Bracketing Buyers Inventory 55

Appraisal Today

JUNE 17, 2022

Did anyone think in early 2020 that home values all over the country would go off the charts? To read more about the past, present, and future of appraising in the June 2022 issue, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. Computer modeling did not predict the 2008 crash. No one did.

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Appraisal Contracts Real Estate Mortgage 52

Clear Capital

JANUARY 31, 2022

The January 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 This is an enormous amount of stimulus, and it helped drive the 20% increase in home values last year, as well as the big increase in the stock market. months’ worth of inventory at the current pace.

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Marketing Real Estate Inventory Housing Market 69

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. This means that more inventory is lingering on the market now that more homes are being listed.

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Inspection Buyers Inventory Sellers 69

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Should these factors lead to meaningful declines in home prices, rental rates and/or operating margins, the [SFR] sector will be subject to stress it has not previously encountered.”.

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Housing Market Marketing Construction Development 545

Will Springer Realtor

APRIL 10, 2024

Affordable housing initiatives focus not on the climate but on increasing inventory to meet demand, while climate-focused efforts lack integration with housing resilience goals. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. This economic decline can cause homeowners to sell their houses if they can no longer afford to pay their mortgages, increasing housing inventory and shrinking the buyer pool. Marketing Strategies.

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Marketing Sellers Buyers Real Estate 36

Houston Properties

JANUARY 12, 2022

The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions. With higher home values come higher rental rates. The biggest challenge right now is the low inventory.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

JANUARY 9, 2024

Despite an average single-family home value of about $1.36M, the HQ to Microsoft has seen its population grow 18% between 2017 and 2022. population growth over those five years and a home value today of $783.3K. This graphic – which you can click to expand – is presented every month, rotating among three home groups.

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Mortgage Real Estate Law Lending 36

PennyMac

JANUARY 3, 2024

Deep clean, declutter and stage your home. Present your home in its best light by deep cleaning, decluttering and staging. These three steps enhance the visual appeal of your home, create a welcoming atmosphere and allow buyers to envision their belongings in the space. Your financial situation.

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Real Estate Agent Buyers Real Estate Mortgage 36

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. 25 Seattle Art Museum presents SAM Remix. years in Portland metro.

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