Housing Wire

MARCH 29, 2023

regions, but declined in the West, according to the National Association of Realtors. Pending home sales decreased in all four regions compared to one year ago. Homebuyers have been closely watching mortgage rates, which have been volatile during the first few months of the year,” said Lisa Sturtevant, chief economist for Bright MLS.

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Contracts Realtors Home Value Housing Market 304

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 36

Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement.

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Housing Market Marketing Inventory New Listings 417

Housing Wire

FEBRUARY 1, 2023

Rob Nunziata , co-CEO and co-founder of Florida-based FBC Mortgage , says one mortgage sweetener that holds out some promise for making houses more affordable for a broader swath of borrowers is the temporary rate buydown. “It Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. 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

Loan Officers 395

Loan Officers Real Estate Agent Real Estate Finance 395

Housing Wire

JUNE 10, 2022

The National Association of Realtors (NAR) sounded the alarm last year saying, “first-time buyers, in particular, are having trouble securing that first home for a multitude of reasons, including not enough affordable properties, competition with cash buyers, and properties leaving the market at such a rapid pace.”.

Real Estate 395

Real Estate Buyers Mortgage Insurance 395

Empire Appraisal Group

NOVEMBER 22, 2023

His clients include Loan Depot, Caliber Home Loan, United Wholesale Mortgage, Rocket Mortgage, and US Bank, among others. In addition to working with lending clients, Daniel provides valuations for attorneys, realtors, investors and homeowners in the local market.

Marketing 78

Marketing Real Estate Clients Realtors 78

Empire Appraisal Group

NOVEMBER 9, 2023

His clients include Loan Depot, Caliber Home Loan, United Wholesale Mortgage, Rocket Mortgage, and US Bank, among others. In addition to working with lending clients, Daniel provides valuations for attorneys, realtors, investors and homeowners in the local market.

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Marketing Real Estate Clients Realtors 78

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth.

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Marketing Real Estate Agent Real Estate Valuation 69

Eppraisal

JUNE 7, 2022

Many players are involved with a home purchase or refinance. The realtor, of course, comes first to mind followed closely by a home inspector, an appraiser, an attorney, a title agent and a county clerk. It follows that interest rates play a significant role as to whether financing the home value is affordable.

Mortgage 36

Mortgage Finance Law Home Value 36

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. Similarly, higher rates might price some purchasers out of receiving mortgage loans.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Eppraisal

JANUARY 28, 2022

The United States housing market will continue to struggle with a low inventory of homes available for sale in 2022. Long-term mortgage financing is economical. So, if the market begins to drop, there are plenty of first-time homebuyers and buyers looking to upgrade to more expensive and larger homes that will step in.

Marketing 68

Marketing Home Value Real Estate Housing Market 68

Empire Appraisal Group

DECEMBER 1, 2022

Big Mistake | Florida Realtors. Some buyers waited for bargain homes that appeared after the Great Recession – but to counter higher mortgage rates, year-to-year prices have to drop 45%. Nationwide, a median mortgage payment is now about 77% higher than it was a year ago, mainly because of higher rates.

Buyers 78

Buyers Realtors Mortgage Appraisal 78

Eppraisal

FEBRUARY 18, 2022

Many players are involved with a home purchase or refinance. The realtor, of course, comes first to mind followed closely by a home inspector, an appraiser, an attorney, a title agent and a county clerk. It follows that interest rates play a significant role as to whether financing the home value is affordable.

Mortgage 36

Mortgage Finance Law Home Value 36

Lamacchia Realty

NOVEMBER 9, 2022

With interest rates nearly doubled since January, you may be hesitant to sell your current home and give up your low-rate mortgage for a higher, new mortgage. However, this rise in interest rates is in turn slowing down the growth of property values which can potentially benefit buyers. Assumable Mortgages.

Marketing 56

Marketing Realty Buyers Realtors 56

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. It's their job to protect the mortgage companies' investments. They work for the mortgage lenders.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Empire Appraisal Group

FEBRUARY 2, 2023

SEATTLE – As home prices fall fastest in cities and mortgage rates rise, the value of a square foot in the suburbs has caught up with that of urban centers, according to a report from Redfin. © 2023 Florida Realtors® In urban neighborhoods nationwide, price per square foot increased 3.5%

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Realtors Buyers Mortgage Tools 78

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 417

Realtors Contracts Real Estate Agents 417

Housing Wire

MAY 8, 2024

Out of 221 metro markets analyzed, 205 (93%) posted yearly home price gains in Q1 2024, while 30% experienced double-digit price gains during the same period — up from 15% in the fourth quarter of 2023 — according to the National Association of Realtors ’ (NAR) newest quarterly report. Households typically allocated 24.2% one year ago.

Marketing 521

Marketing Buyers Realtors Home Value 521

Empire Appraisal Group

MARCH 16, 2022

When underwriting a mortgage, lenders typically require an in-person appraisal – an estimate of the home’s value – but many now also use algorithmic computer models. Overvaluing homes can lead to higher rates of foreclosure. © 2022 Florida Realtors®. The technical term for them is automated valuation models (AVM).

Appraisal 78

Appraisal Valuation Lending Home Value 78

Eppraisal

APRIL 25, 2023

In the last post, we looked at how bank failures can lead investors to bonds which, subsequently, pressure mortgage lenders to lower their interest rates. Real estate owned (REO) properties are those that were once collateral to an active mortgage but were seized in foreclosure actions. How Does the REO Process Work?

Housing Market 36

Housing Market Real Estate Property Taxes Home Value 36

Realtor

NOVEMBER 16, 2017

As one tangible way to say “thank you for your service,” current and former members of the military have access to Veterans Affairs home loans. These unique mortgage options allow veterans and those still serving to own a piece of the American dream by potentially qualifying for homes they might have thought were out of reach.

Insurance 146

Insurance Appraisal Buyers Real Estate 146

Lamacchia Realty

FEBRUARY 21, 2023

Essentially, this means that half the time, Zillow’s home value estimates are within 7.49% of the actual value. If anything, this exemplifies the degree of variance between a Zestimate and actual value of the home – one that a trained REALTOR ® is most likely able to better evaluate!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Eppraisal

APRIL 12, 2022

" Home prices are increasing at levels we couldn't even imagine a few years ago. According to the same article, "Last year, home values appreciated an average of 15% across the nation." Millennial Home Buyers The largest group of home buyers today are the Millennials, also known as Generation Y.  These

Home Value 36

Home Value Real Estate Buyers Realtors 36

East Coast Appraisal

NOVEMBER 24, 2021

A bankruptcy appraisal is a process a certified appraiser carries out to establish your home's fair market value. After comparing multiple recent house sales in your area, the appraiser gets an opinion of your home's value. The appraisal report also contains factual data to support the value.

Appraisal 52

Appraisal Home Value Real Estate Valuation 52

Eppraisal

APRIL 27, 2021

Qualify to Purchase a Home If you are thinking of purchasing a home, you must first be able to qualify for a mortgage. To qualify for a mortgage, you need steady employment and income. Interest rates are still historically low, so it's a great time to borrow money to purchase your first home. You need good credit.

Property Taxes 50

Property Taxes Home Value Landlords Insurance 50

Eppraisal

MAY 25, 2021

Advantages of a VA Home Loan According to mortgagereports.com, "the VA loan asks for no down payment, requires no mortgage insurance, and has lenient rules about qualifying, among other advantages." The VA home loan is a true "no money down" home loan opportunity. PMI protects lenders if homeowners default on their loans.

Sellers 36

Sellers Home Value Inspection Government 36

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer.

Appraisal 36

Appraisal Real Estate Agent Marketing Real Estate 36

Raleigh Realty

FEBRUARY 19, 2022

The seller at one point was going to pay your closing fees or realtor fees. Now you have to ask yourself the question: is the home worth an additional X-amount of money out of pocket? Or should you flat out refuse and move on to another home? As defeated as you may feel, this doesn't mean the end of purchasing a home.

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Appraisal Process Appraisal Construction Sellers 139

Eppraisal

MARCH 3, 2023

With the increase in home values over the last couple years, you have a bigger investment to protect against hazards and defects. In fact, in most cases it is required by mortgage lenders, and you may not be able to qualify for a mortgage without it. Home values have risen considerably over the past few years.

Insurance 36

Insurance Home Value Legal Investing 36

Eppraisal

JANUARY 17, 2023

These owners were planning on selling their homes for various reasons, but when they consulted with real estate professionals and found out their homes were worth less than what they owed on their mortgages, they decided to hold on to these properties and rent them. This move was very lucrative for most of these homeowners.

Investing 36

Investing Real Estate Landlords Investors 36

Realtor

JANUARY 23, 2018

Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

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.

Real Estate 36

Real Estate Buyers Decorating Sellers 36

Empire Appraisal Group

APRIL 21, 2022

Source: Listing Prices Hit Highest Median Ever | Realtor Magazine. Assuming all these factors and new construction hold steady, we could begin to see inventory increases this summer—welcome news for buyers who have endured pandemic home shopping and can continue their journey despite higher buying costs.”.

Inventory 78

Inventory Buyers Construction Realtors 78

Eppraisal

DECEMBER 14, 2021

Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Home Buyer Profiles The number of first-time home buyers is growing substantially , according to the National Association of Realtors. percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Empire Appraisal Group

JULY 29, 2021

Home Price Increase: The Highest in More than 15 Years. Source: Home Price Increase: The Highest in More than 15 Years | Florida Realtors. Home Price Increase: The Highest in More than 15 Years. Nearly 9 of 10 homes were on the market for less than a month. AndreyPopov, iStock, Getty Images. JUNE 29, 2021.

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Realtors Buyers Realty Real Estate 78