Housing Wire

OCTOBER 12, 2020

Added to all that misery we had terrible fires in the West and hurricanes in the East. From my perspective, that ball in Times Square can’t drop fast enough hailing the end of this year. Housing data started to soften in 2005 after an overheated market. This sounds like a broadway play. If that happens.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

APRIL 28, 2022

The residential housing market has turned quickly due to historically low inventory of homes for sale and a rapid rise in interest rates due to inflation,” Cindy Flynn, chief marketing and communications officer, said in a statement. “We, It made way for the creation of 450 new jobs after the construction ended in summer 2021.

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Mortgage Loan Officers Retail Construction 370

Housing Wire

SEPTEMBER 30, 2020

Over the last four weeks ending on Sept. ratio in the past four weeks through July 5, but still impressive for a fall time period. “…maybe they want to get a bigger house so they have a home office, or they want a bigger yard because they have people working from home and kids doing school from home,” Merchant said.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

SEPTEMBER 22, 2023

Terrence Murphy From the end zone to luxury open houses, Terrence Murphy is proof that an entrepreneurial spirit is the key to success in nearly everything. Terrence Murphy: I was a quarterback out of East Texas , and I had 20 Division One offers to play quarterback. I ended up doubling down on my financial literacy.

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Real Estate Real Estate Agent Business Investing 404

Housing Wire

SEPTEMBER 18, 2020

By the end of July, the National Association of Realtors reported that it had grown to 1,409,727 total members, up 1.9% Jim D’Amico, broker and owner of Century 21 North East , said that there have been record numbers of prospective real estate agents enrolling in Century 21 ‘s real estate school program, Century 21 University.

Real Estate 545

Real Estate Real Estate Agent Agents Realtors 545

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. .” Presented by: Radian.

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Housing Market Marketing Realtors Inventory 424

Housing Wire

APRIL 13, 2024

Mortgage rates headed higher last week after the CPI inflation report , but now, with news of a wider war in the Middle East, should we expect even higher rates? Some argue that money will go into the safety of the bond market, while others say a wider war can lead to higher inflation and higher rates.

Inventory 483

Inventory Mortgage New Listings Retail 483

Housing Wire

SEPTEMBER 20, 2023

Housing markets in Western states like Idaho, Wyoming and Utah are stumbling on a year-to-year basis, while markets east of the Mississippi are heating up, according to CoreLogic data provided exclusively to HousingWire. As of Sept.

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Real Estate Housing Market Inventory Marketing 483

Housing Wire

MAY 6, 2021

Housing affordability weakened slightly during the first quarter of 2021, according to the latest report from the National Association of Home Builders and Wells Fargo Housing Opportunity Index. of new and existing homes sold between the beginning of January and end of March were affordable to families earning the U.S.

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Housing Market Marketing Market Value Construction 433

Housing Wire

SEPTEMBER 23, 2020

“The dramatic increase in prices this summer can be attributed to the historically low interest rate environment and rebounding housing demand even as the supply of homes for sale remains constrained,” Lynn Fisher, an FHFA deputy director, said in the report. Measured from a year ago, U.S. home prices in July jumped 6.5%, the FHFA said.

Finance 546

Finance Real Estate Buyers Mortgage 546

Housing Wire

OCTOBER 9, 2023

Live and instructor-led, these online sessions generally start at 9 am and end at 4:30 pm. 21] [22] Illinois housing prices: By the numbers $252,134 is the value of the average Illinois home, which is a 2.5% As a student, you can access the course materials online and must pass the online quizzes to complete the course.

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Real Estate Agent Real Estate Agents Brokerage 414

Appraisal Today

OCTOBER 7, 2022

Three articles about the current housing market “Big Picture” I have three links below showing that markets vary widely around the country. Of course, this is aggregated and does not focus on market segments such as neighborhood and price range. Housing Market Cools. Or, hit the reply button.

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Appraisal Contracts Architecture Housing Market 52

Housing Wire

DECEMBER 8, 2020

Redfin announced on Tuesday that its iBuying arm, RedfinNow, has entered the Seattle and San Francisco metro housing markets. In the Bay Area, RedfinNow is now available to homeowners in the East Bay and South San Jose areas. How the mortgage industry is working together to make housing more affordable. .

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Real Estate Agent Real Estate Agents Brokerage 464

Appraisal Today

JANUARY 27, 2023

To see all 10 homes, click here My comments: I’m sort of envious of East Coast appraisers with so many old homes. One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.”

Appraisal 52

Appraisal Contracts Transportation Real Estate 52

Appraisal Today

JUNE 17, 2022

The number of potential buyers will decrease as rates go up in many markets. A few examples: Different price ranges – first-time homebuyers, high end. YOU MUST KNOW YOUR MARKET TRENDS. Housing Market Is at the Beginning Stages of the Most Significant Contraction in Activity Since 2006’. All cash and investors.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MARCH 15, 2024

I always get jet lag from traveling east, even just one time zone (daylight savings time). However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. The Market Composite Index, a measure of mortgage loan application volume, increased 7.1

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Appraisal Inspection Modernization Business 68

Appraisal Today

MARCH 22, 2024

It can impact home values, insurance costs, and the overall stability of a housing market.” “The In our last California wildfires, smoke drifted east into many distant areas. Across the street from my office, an old marina property is being developed into housing. These risk ratings are on all the newer NAR listings.

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Appraisal Contracts Business Insurance 65

Appraisal Today

JUNE 23, 2023

The primary suite takes up the whole east-facing side of the upstairs and includes a spa bath, three walk-in closets, and access to the exercise room and dance studio.” In addition to harming homeowners, systemic biases in valuations, either too low or too high, hurt neighborhoods, distort the housing market, and impact the tax base.

Appraisal 85

Appraisal Real Estate Valuation Contracts 85

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. That’s not saying much since the housing market has mostly been in hibernation during the fall/winter months.

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Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. Homes remain scarce in Bellevue east of I-405, where only 1.3 Notably, there is now 4.9

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

MARCH 14, 2022

This generation is leading the charge in remodeling homes, particularly aging structures that could have soon been near the end of their lifespan. Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. MARCH HOUSING UPDATE. NEW WAVE OF RESIDENTS? in Seattle ($549,154).

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

MARCH 10, 2023

MARCH HOUSING UPDATE The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. LUXURY LIVING We kick off this month’s stand-out listings with a glimpse at new home construction looking east over Lake Sammamish in Bellevue.

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Construction Modernization Buyers Inspection 36

Will Springer Realtor

DECEMBER 19, 2023

Sprinkle in global uncertainty – in the Middle East, Ukraine, China and elsewhere – as well as the threat of U.S. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. “Any by the end of 2024. a year ago.

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Real Estate Buyers Sellers Inventory 68

Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. 10 miles east of San Francisco.

Contracts 84

Contracts Appraisal Mortgage Inspection 84

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. Elsewhere, median prices surged 23% ($690K) in Dash Point and Federal Way, while they fell about 5% in Enumclaw ($655K), Auburn ($589K) and Bellevue east of I-405 ($1.68M). and end next year at about 6.0%.

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Marketing Inventory Buyers Sellers 60

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? A year ago, interest rates were forecast to end 2021 at around 3.1% 2 (Freddie Mac).

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

MAY 9, 2022

Amazon alone is promising to fill 25,000 positions east of Lake Washington in the next few years. And just to the East in the Spring District, Meta has committed to a total of 1.8 Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’.

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Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. years, according to recent data, when it was only about five years just before the housing market crash of 2007. Why the desire to leave?

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

OCTOBER 11, 2023

We are starting to see all those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). Unfortunately for buyers, a combination of the typical seasonal trend and higher borrowing costs has shifted housing market activity to an excruciatingly slow pace – and there are concerning signs ahead.

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Law Development Design Government 36

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

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Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

JULY 13, 2023

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. month-to-month (2491) – a much slower rate increase than the 19% monthly surge in May – and climbed 13% for units unsold at the end of June (2181). Office vacancies in U.S.

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

JUNE 9, 2021

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. by year’s end (up from the earlier forecast of 3.2%). JUNE HOUSING UPDATE. Home prices will add 7%.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. for single-family homes ($1.316M), astounding after YoY prices were up 35% in the 12 months ending November 2021. Plus, don’t miss the outdoor pool. baths , 3700 sq.

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Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25. After about 2 years of delays, Seattle House is moving forward but as rentals.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” We shared in a previous newsletter the many factors driving our buoyant housing market – and there is no end in sight to home appreciation. but “When.”.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

APRIL 11, 2022

These requirements often end up forcing people who buy or lease to pay for parking regardless of their needs. The spring housing market will include a trio of indicators – all rising. He expects an inevitable sales slowdown, likely of about 7% year-on-year by the end of 2022. In a study of 48 metro markets, Tucson, Ariz.,

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