Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. The problem for property sellers is that their sale might be a casualty of this tightening.

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Real Estate Marketing Home Value Realtors 69

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Housing Wire

APRIL 9, 2021

“We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. “And then we have our agent commission.”

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Brokerage Real Estate Clients Insurance 434

Listing Spark

SEPTEMBER 30, 2020

That’s great news if you are a seller though. . In short, huge demand that inventory simply can’t keep up with. 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. What’s driving this?

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Real Estate Marketing Inventory New Listings 69

Listing Spark

FEBRUARY 24, 2021

Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. To give an example of how we measure the type of market we are in, we look at what’s called the months supply of inventory. In a balanced market, we have typically have 4-6 months supply of inventory.

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Real Estate Marketing Inventory Sellers 69

Housing Wire

MAY 25, 2023

If we then look at data from the Federal Housing Administration (FHA), there were 2,063 Home Equity Conversion Mortgage (HECM) for Purchase loans endorsed in 2022 — less than 1/10th of 1% of homes sold last year. We can effectively open up a new line of customers for real estate professionals with this financing,” Cooper said.

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Loan Officers Real Estate Agent Real Estate Finance 414

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. in Austin and inventory rose from 0.6 months to 2.7 months of supply.

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Real Estate Marketing Sellers Home Value 28

Eppraisal

DECEMBER 14, 2021

The recent trends in real estate in the United States have delighted some people and frustrated others. 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.

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Real Estate Supply Chain Marketing Inventory 67

Housing Wire

FEBRUARY 8, 2024

Real estate farming, otherwise known as geo-farming, is a dependable lead generation method that can help to create a steady pipeline of real estate leads and clients in your area. If you want to add effective real estate farming tips, tools and tactics to your marketing arsenal, our guide will show you how it’s done.

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Real Estate Tools Agents Real Estate Agent 375

Eppraisal

SEPTEMBER 22, 2021

There is a lot of buzz among the general public as to if and when there will be a real estate market crash like the one in 2008. The real estate market is nothing like it was back then. Current State of the Real Estate Market The real estate market is still sizzling hot. compared to 2019.".

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Real Estate Marketing Inventory Home Value 45

Housing Wire

AUGUST 28, 2020

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here.

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Tools Sellers Real Estate Contracts 274

Eppraisal

MARCH 25, 2022

How does this confluence of evil tidings affect home sales? Will Real Estate Suffer for Putin's Mistake? 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.

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Supply Chain Real Estate Marketing Sellers 36

Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Buyers lost out on homes because of other buyers and investors paying cash.

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Sellers Buyers Home Value Insurance 36

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. percentage points of the loan amount,” Nunziata said.

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Marketing Government Mortgage Sellers 435

Eppraisal

MARCH 18, 2022

It is no secret that many home buyers are having a hard time finding a home to purchase. The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021."

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Real Estate Agent Real Estate Agents Sellers 68

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot. Home Inventory Will Slowly Rise.

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Housing Market Marketing Inventory Real Estate 78

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. What should buyers and sellers be doing right now? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel.

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Housing Market Real Estate Marketing Buyers 36

Home Junction

MAY 12, 2020

Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. As we know, in some situations, sellers will cave in.

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Real Estate Marketing Sellers Counter Offer 36

Eppraisal

OCTOBER 19, 2021

The real estate industry has been experiencing one of the hottest markets in history. This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing.

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Appraisal Contracts Sellers Home Value 66

Eppraisal

JANUARY 28, 2022

Historically, the real estate market slows down over the winter months and prices level off or sometimes go down. The 2021 real estate market was a record-breaking year. and data from Freddie Mac, low interest rates and limited availability of homes in desired areas led to an overall increase of home prices of 11.3%

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Marketing Home Value Real Estate Housing Market 68

Eppraisal

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. Buyers are placing their best offers to get sellers to choose them.

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Sellers Real Estate Buyers Home Value 67

Eppraisal

MAY 3, 2022

In today's market, where home values are rising and there is a lack of inventory of homes available for sale, you may find many agents' businesses are tightening due to lack of inventory. Most buyers like when sellers pay for home warranties. Typically, home stagers charge by the hour.

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Agents Real Estate Agent Sellers Real Estate 36

Eppraisal

OCTOBER 25, 2022

Past real estate market cycles have always shown real estate traffic to start kicking in after the winter holidays. Spring and summer real estate markets have always been the busiest. Past Market Cycles Historically, real estate website traffic begins to grow after the winter holidays.

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Real Estate Buyers Decorating Sellers 36

Eppraisal

JUNE 8, 2021

Here's what to be prepared for: Competition Inventory is at its lowest point in many years. According to Realtor.com's April 2021 Monthly Housing Market Trends Report, the national inventory of active listings declined by 53% over last year. Prices Too High Home values are rising. Home values have risen.

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Marketing Sellers Buyers Home Value 69

Empire Appraisal Group

NOVEMBER 23, 2022

“Navigating a once-in-forty-years market transition has required us to operate with urgency and discipline to manage risk and overall inventory health,” Eric Wu, co-founder and CEO of Opendoor said in a statement. “In 21,” the Denver Post reports.

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Realtors Inventory Sellers Home Value 78

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

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Inspection Buyers Real Estate Agent Contracts 69

Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Where Have We Been? Where Do We Stand Now?

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Supply Chain Home Value Inventory Construction 69

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Have your pre-approval letter ready to submit with your offer to purchase a home when you find one. .

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Sellers Loan Officers Inventory Home Value 66

Eppraisal

DECEMBER 9, 2022

As buying a home is one of the most important investment decisions you will ever make, it is crucial to understand the current real estate market before you dive in. Home values rose double digits, year-over-year, the past couple years? The housing inventory has been low; however, it is growing?

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Real Estate Agent Real Estate Agents Home Value 68

Eppraisal

JUNE 28, 2022

The summer of 2022 real estate market is starting to slowly shift. 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. The inventory of homes available for sale is starting to balance.

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Marketing Real Estate Sellers Inventory 36

Eppraisal

MAY 10, 2022

Real estate agents don't get paid for their work until a property closes. Real estate commissions however, are not set percentages. In fact, some real estate brokerages set a minimum amount of commission required rather than a set percentage. This is especially true if you have a high-priced home.

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Agents Real Estate Agent Brokerage Real Estate 36

Eppraisal

MAY 18, 2021

It's no secret the real estate market is super hot right now and the demand for homes is high. There are more buyers than homes available for sale. In fact, according to an article on Realtor.com, the national inventory of active listings declined by 53% over last year.

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

Home Junction

MAY 14, 2020

When agents come across slow times, current property data and real estate marketing automation tools can be used to attract new clients and keep them updated as conditions change. Creates Content Automatically for Potential Sellers. People who respond are obviously interested in current real estate conditions.

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Real Estate Tools Clients Real Estate Agent 36

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Sellers may not think this is very fair. This is simply untrue.

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Inspection Sellers Contracts Real Estate 36

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. The contract states that they will use their best efforts to find a home that meets your criteria. Explain real estate terms.

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Buyers Real Estate Agent Tenants Landlords 36

Eppraisal

MAY 4, 2021

There is stiff competition because the low inventory of available homes for sale is unprecedented. According to Gay Cororaton, the National Association of Realtor's Senior Economist and Director of Housing and Commercial Research, there is less than a 2-month supply of homes on the market.

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Sellers Buyers Home Value Real Estate 36

Cornerstone

SEPTEMBER 3, 2021

A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. A housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. The recent Monthly Housing Market Trends Report from realtor.com states: “In July, newly listed homes grew by 6.5

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Housing Market Marketing Inventory Loan Officers 49