Housing Wire

JANUARY 14, 2022

In November, Rochester’s median home sales price was $154,838, according to Redfin , less than half of the national median that month of $335,519. Still, there’s a sustained, nationwide surge in housing demand, plus a crippling lack of inventory – and Rochester is hardly impervious to either of these historic trends.

Agents 414

Agents Inventory Buyers Marketing 414

Housing Wire

APRIL 26, 2023

He’s been watching the spring homebuying season slowly pick up and buying leads through Zillow and Realtor.com. Another tactic is to capitalize on newly built homes – a silver lining in the inventory-lacking market – which now account for a third of available inventory, double than normal levels, according to Redfin.

Loan Officers 393

Loan Officers Mortgage Inventory Clients 393

Housing Wire

DECEMBER 20, 2021

By that point, his wife, fearing infection, had already decided to resign as a part-time assistant teacher to stay home with their three kids. Gas is more expensive. Groceries are more expensive,” he said. In 2015, the family paid $250,000 for a 2,900-square-foot house in Ormond Beach, Florida. Jeffrey Wilen.

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Mortgage Government Contracts Insurance 393

Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. Could being located next to a property that is an eye-sore cause a loss in market value to your home? Our home is where we hope to have a measure of peace and quiet.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. These attention-grabbing headlines point out that home sales prices are 5%, 6% or even 7% higher than at this time last year. Click that to reserve your spot now.

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Inventory Contracts Sellers New Listings 441

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. The bearish take is that there are many more sellers than buyers and inventory is rising. orate further?

Sellers 488

Sellers Marketing Inventory Contracts 488

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. The first quarter of 2023 had the lowest number of homes listed in recorded history.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Housing Wire

MAY 13, 2024

hits peak homebuying season, the signals across the country are mixed at best as some markets are accelerating while others are slowing quickly. Home sales continue to run just a little ahead of last year’s pace, but with mortgage rates in the 7s, there are a ton of potential homebuyers sitting on the sidelines. As the U.S.

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New Listings Contracts Inventory Sellers 477

Housing Wire

APRIL 22, 2024

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. In fact, some measures of home prices are now at their all-time highs, having surpassed the previous peak of two years ago. We’ve been talking about sales growth over the past year.

Inventory 525

Inventory New Listings Sellers Contracts 525

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” There’s still going to be a lag.

Mortgage 442

Mortgage Loan Officers Inventory Business 442

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

SEPTEMBER 18, 2021

Homebuyers should hit the ground running with their home search. The iron is hotter than it has been in two years for the next three months. 1) Inventory will be at its peak The frenzied market that has all but consumed inventory has started to calm down just enough to make this more of a buyer’s market than we’ve seen since 2019.

Inventory 69

Inventory Sellers Buyers Market Value 69

Housing Wire

APRIL 25, 2024

It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We According to data from Altos Research , the Cincinnati metro area (which includes portions of Ohio, Kentucky and Indiana) currently has a Market Action Index score of 54, while the state of Ohio has a score of 55. We couldn’t even see it.

Buyers 424

Buyers Marketing Inventory Investors 424

Raleigh Realty

FEBRUARY 19, 2022

Your gross income is different than your net income, so make sure you're tracking your expenses. Your gross income is different than your net income, so make sure you're tracking your expenses. What is the average price of sold homes in your area? What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. Why is 2021 different than other years? This year, however, there was no peak in June due to the season starting so incredibly late.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Lamacchia Realty

JUNE 21, 2021

The market has been anything but normal over the past year. 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.

Buyers 36

Buyers Inventory Sellers Open Houses 36

Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. We are in the middle of January 2022 and spring selling season isn’t too far away. Houston, we have a problem.

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Inventory Mortgage Housing Market Marketing 536

Appraisal Today

APRIL 1, 2023

Appraisers are often subpoenaed in legal disputes involving third parties, usually being tied to the dispute for no other reason than having appraised a property involved in the dispute. To read more, click here My comments: This is an excellent article on this topic. Read it to find out the issues. Read it to find out the issues.

Appraisal 52

Appraisal Business Marketing Agents 52

Will Springer Realtor

FEBRUARY 8, 2023

FEBRUARY HOUSING UPDATE The first month of the year in residential real estate is typically one of resetting and preparing for the spring rush, which can start as early as February (despite the groundhog’s forecast of six more weeks of winter). The Seattle/King County housing year kicked off slowly with some promising signals.

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Architecture Housing Market Real Estate Buyers 36

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. It is no surprise that this past year has brought on many unforeseen circumstances across many industries. With so many people looking to renovate their homes, the demand for materials has skyrocketed. But with everyone stuck at home beginning in March of last year, just the opposite happened.

Renovations 55

Renovations Buyers Home Improvement Realty 55

Cornerstone

APRIL 2, 2021

Reading Time: 5 minutes Spring means one thing: Homebuyers are hitting the market. Spring also brings major holidays like Easter, giving sellers the chance to decorate for the season and set themselves apart. The past year has been unprecedented for the housing market. Want to move faster? BYO bunnies.

Decorating 41

Decorating Buyers Sellers Loan Officers 41

Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. This used to be a pretty easy question to answer: when interest rates go up, it costs more to purchase a home, and demand drops. Price appreciation slows, and homes take longer to sell.

Housing Market 457

Housing Market Marketing Inventory Investors 457

Eppraisal

SEPTEMBER 24, 2021

The spring market typically begins in March. The market normally remains strong, and home values rise, through the spring and summer months. The 2021 fall real estate market is going to be different. While we continue to navigate through the pandemic, the real estate market remains strong.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Housing Wire

JULY 26, 2022

For those of us in the business of analyzing the housing market, the past two years have been quite a ride. Now that the frenzy is over, we’re seeing a return to more normal patterns. And as home sales slow, inventory is climbing quickly. Now, we’ve been in the 3-4% growth range for each week in July.

Inventory 370

Inventory Sellers Buyers Marketing 370

Housing Wire

AUGUST 1, 2023

Today I’m going to focus on home prices around the country. How much will home prices climb over the next year? All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. That’s what I was expecting.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Housing Wire

MARCH 31, 2022

The rate volatility that has gripped the economy since the start of the year and caused the mortgage-origination market to stumble is taking a toll on the private-label securitization market as well. MAXEX , an Atlanta-based digital mortgage exchange serving the PLS market, posted record growth in 2021, for example.

Marketing 382

Marketing Investors Mortgage Sellers 382

Housing Wire

SEPTEMBER 2, 2021

for the past week. for the past week. He predicted that those factors will also moderate home-price growth. Economic growth and the acceleration in inflation have moderated in the last month, giving the markets comfort and leading to a stabilization in mortgage rates,” said Khater. The 10-year Treasury yield for Sept.

Mortgage 529

Mortgage Inventory Buyers Housing Market 529

Housing Wire

AUGUST 29, 2022

After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. He’s trying to drive more volume to speed those costs across and to say to his brokers that we’re in the fight with you.”. 1 lender in the country.

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Investing Loan Officers Retail Mortgage 404

Houston Properties

JULY 21, 2022

Guide To ALL Piney Point Homes For Sale. Search All Piney Point homes for sale by location, price, and type. A part of the Memorial Villages , Piney Point features luxury homes and grand estates. A part of the Memorial Villages , Piney Point features luxury homes and grand estates. Houston Neighborhoods Guide. "The

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Real Estate Agent Real Estate Realtors Agents 36

Housing Wire

APRIL 21, 2022

Andrew McCoy sees a future home that involves three-dimensional printers. Let’s say someone decides they want a new faucet for their home,” said McCoy, a professor at the Virginia Center for Housing Research, who helped complete the first 3-D printed home in the U.S. 3-D printed homes are just starting to get built.

Construction 393

Construction Supply Chain Investors Business 393

DW Slater Company

FEBRUARY 23, 2023

It’s hard to believe that it has been 2 years since we experienced the great Texas Winter Storm when the Texas power grid failed and we went several days without power in our Texas homes that are not built to keep heat. We are now entering the time of year when one day you need shorts and the next day you have to bring out your jacket.

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Inventory Marketing Supply Chain Appraisal 128

Appraisal Today

SEPTEMBER 8, 2023

These requests involve homes in numerous vacation spots ranging from Sedona, San Diego, Montana, Lake Tahoe, to Miami, New York, Seattle, New England, and every vacation spot in between. STRs are far more than real estate; they include a business also known as a “growing concern” or intangible property. Short answer—no.

Appraisal 79

Appraisal Contracts Business Construction 79

Lamacchia Realty

NOVEMBER 14, 2022

IF YOU WAIT UNTIL SPRING TO BUY, YOU'LL PAY MORE! There is nothing wrong with that house! The Fall of 2022 looks different than the past few years with mortgage rates higher than they’ve been in years, prices still high, and inventory, which has been at historical lows since the summer of 2020 , beginning to increase.

Buyers 72

Buyers Tenants Inventory Marketing 72

Assurance Financial

MAY 10, 2022

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. What Is a Buyer’s Market?

Marketing 69

Marketing Real Estate Agent Sellers Buyers 69

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

JUNE 21, 2021

The market has been anything but normal over the past year. 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.

Inspection 69

Inspection Buyers Inventory Sellers 69

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. A year later, still no crash, which had more to do with the decrease in inventory than the decrease in sales. Average prices for closed sales increased by 3.4%

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Inventory Sellers Contracts Buyers 69