Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Housing Wire

MAY 25, 2023

These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. million homes bought and sold in the U.S. The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 million, of those homes.

Loan Officers 390

Loan Officers Real Estate Agent Real Estate Finance 390

Eppraisal

DECEMBER 6, 2022

Yet it is another day at the office for realtors, lenders, attorneys and title agencies. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. Buying and selling property is a big event for those gaining the asset and for those making money on the deal.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Empire Appraisal Group

APRIL 21, 2022

Source: Listing Prices Hit Highest Median Ever | Realtor Magazine. However, economists say that buyers may soon see relief with expectations of more inventory coming that could help relieve some of the pricing pressures. Housing inventory is expected to hit positive territory year over year this summer, according to realtor.com®’s

Inventory 78

Inventory Buyers Construction Realtors 78

Eppraisal

JANUARY 28, 2022

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% The United States housing market will continue to struggle with a low inventory of homes available for sale in 2022. We continue to see home values rise in this winter market.

Marketing 68

Marketing Home Value Real Estate Housing Market 68

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."

Real Estate Agent 68

Real Estate Agent Agents Real Estate Sellers 68

Eppraisal

APRIL 12, 2022

The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. It's never too early to start preparing to purchase your first home.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Eppraisal

OCTOBER 19, 2021

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. Appraisers are more in control of home values than many people think.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

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.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Eppraisal

OCTOBER 25, 2022

Prices and home values typically increase in the spring and summer as well. Home Prices and Interest Rates A portion of buyers on the market in the spring and summer ended up being priced out of the market as home values jumped double digit percentages year over year. over last year."

Real Estate 36

Real Estate Buyers Decorating Sellers 36

Eppraisal

DECEMBER 2, 2021

There is a lot in the news about the real estate market and how home values are rising, inventory and interest rates are low, and the like. The National Association of Realtors (NAR) shows alarming statistics. The lack of homes available for sale, or low inventory, has made showing homes difficult.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36

Eppraisal

MAY 12, 2021

If you're in the market to buy a home right now, you're probably finding out that it's not easy. According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Cornerstone

SEPTEMBER 3, 2021

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 And yet, though small inventory gains have been made, total housing inventory is still tight in most parts of the U.S.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Eppraisal

MAY 10, 2022

An informative article on realtor.com, The Real Estate Commission: How Much Are Realtor Fees? This is especially true if you have a high-priced home. Home values have been rising and many real estate agents are benefiting from this. " A 6% commission on a $114,500 home is only $6,870.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

Eppraisal

MAY 25, 2021

The VA home loan is a true "no money down" home loan opportunity. Private mortgage insurance (PMI) is usually required with other loan programs when a buyer's down payment is less than 20% of the home's value. Since VA home loans are government-backed, they portray VA homebuyers as financially solid buyers.

Sellers 36

Sellers Home Value Inspection Government 36

Eppraisal

APRIL 1, 2022

In fact, in 2018, the National Association of Realtors (NAR) published the 2018 Member Safety Report/ Realtor Safety Program. With homes selling and renting so quickly, and home values increasing, agents may be finding themselves sprinting to listings to show buyers who are desperate to find homes.

Technology 36

Technology Agents Real Estate Agent Real Estate 36

Eppraisal

APRIL 27, 2021

Today's Market Home values have been rapidly increasing over the past year. This is mostly due to the low inventory of homes available for sale. The National Association of Realtors estimates that the annual median home prices will increase by 8% in 2021 and by 5.5%

Property Taxes 50

Property Taxes Home Value Landlords Insurance 50

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. Of course, myriad factors are involved in home values, but inflation must be accounted for. It follows that the realtor commission will also be more substantial.

Housing Market 36

Housing Market Marketing Property Taxes Home Value 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.

Sellers 36

Sellers Buyers Home Value Real Estate 36

Housing Wire

SEPTEMBER 22, 2021

August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by the National Association of Realtors. Completed purchase transactions of single-family homes, townhomes, condominiums and co-ops came in at a seasonally adjusted annual rate of 5.88

Inventory 389

Inventory Buyers Realtors Home Value 389

Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. Home values are currently rising.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

NOVEMBER 20, 2021

So many factors contributed to the influx of buyers to the market and the low inventory, or lack of homes available for sale. Home values increased at record numbers. A successful home sale and higher home value will be your reward. Move your large, bulky items and furniture to storage.

Decorating 36

Decorating Home Value Real Estate Buyers 36

Home Junction

APRIL 30, 2020

A recent survey at the beginning of April by the National Association of Realtors found a large majority of agents report activity has slowed down drastically. “Realtors do expect there will be a rebound,” says Lautz. For example, consider these three data offerings: Trends in home prices.

Marketing 69

Marketing Real Estate Home Value Agents 69

Eppraisal

SEPTEMBER 24, 2021

The market normally remains strong, and home values rise, through the spring and summer months. These pandemic-related changes interacted with the existing housing inventory shortage, resulting in sharp price increases for both owned homes and rental units." Real estate is cyclical year-over-year.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Chicagoland Appraisal Blog

JULY 13, 2017

You see all these potential ways to deal with this problem happen after the home appraisal is completed. What are realtors doing beforehand? I wrote a blog post titled 4 things you should tell the home appraiser when selling that was meant to be a conversation starter however that has evolved since I wrote it.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Eppraisal

OCTOBER 2, 2021

Skills to Look For in a Listing Agent It's no secret homes are selling quickly. Your home value is most likely the highest it's ever been. Some homebuyers may think they can sell their homes themselves, without an agent's representation. Inventory of homes available are historically low.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Eppraisal

MARCH 13, 2021

According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. 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. The market will see an influx of price drops and hikes due to low inventory and high demand.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Eppraisal

MARCH 15, 2022

Even though home values are rising, and buyers are competing for homes, exclusive buyer representation requires the agent to do everything in his or her power to get you the home on terms that are beneficial to you and for the best price. The inventory of homes for sale is historically low.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Listing Spark

OCTOBER 13, 2022

There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. In August, the median home value in the greater Austin metropolitan area was $496,000 and that’s up 5%. And housing prices are still up! “In It was crazy.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

MARCH 9, 2022

trillion in housing wealth, according to a new study by the National Association of Realtors , released on Wednesday. “Owning a home continues to be a proven method for building long-term wealth,” Yun said in a statement. From 2010 to 2020, middle-income households gained $2.1 in 2010.

Home Value 437

Home Value Realtors Marketing Inventory 437

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.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

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?

Clients 62

Clients Sellers Loan Officers Real Estate 62

Appraisal Today

JUNE 23, 2023

To read more, click here My comments: A good overview and summary of the issues from different sides: GSEs, Realtors, AI and ASA, and fee appraisers. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. Inaccurate or biased algorithms can lead to serious harm.

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

Housing Wire

FEBRUARY 8, 2024

Current inventory: Monitor the current homes available for sale, including the types of homes, price ranges and unique property features. Price trends : To understand market dynamics, consider how prices have changed over time for different property types like single-family homes or condos.

Real Estate 343

Real Estate Tools Agents Real Estate Agent 343

Cleveland Appraisal Blog

OCTOBER 1, 2021

This week, I am also working on a new Home Value Stories podcast episode. When you’re downsizing your home with a pet as your roommate, your animal may experience anxiety and uncertainty during the entire moving process. I think you’re going to enjoy her article. Especially if you have pets and are thinking of downsizing.

Appraisal 243

Appraisal Valuation Realtors Modernization 243

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed increased by 5.7% Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. cities per the Zillow Home Value Index.

Real Estate 59

Real Estate Sellers Home Value Buyers 59