Housing Wire

JULY 24, 2024

“We have transactions frequently where people are moving from the Louisville market to southern Indiana, either to avoid tolls or they know that their dollar goes further over here,“ Burns said. Property taxes are about the same. Their car insurance is about 40% cheaper because Indiana is a no-fault state.

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Marketing Realtors Buyers Property Taxes 430

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. If the seller is eager to sell the property, they might lower the listing price to match the appraisal. On the other hand, the seller might disagree with the appraisal and refuse to negotiate.

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Inspection Appraisal Appraisal Process Buyers 441

Appraisal Buzz

JULY 12, 2024

Cullen: Vacant properties present a number of challenges, not only for the housing market, but also for neighborhoods and communities. And if the borrower was not paying their mortgage, they probably were not paying property taxes or keeping the property in shape, either.

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Inventory Supply Chain Construction Property Taxes 221

D Fritz Appraisals

SEPTEMBER 9, 2024

How to Break Into the BC Housing Market Breaking into the real estate market in British Columbia is not easy. With soaring prices, stiff competition, and constantly shifting market conditions, maximizing first-time homebuyers’ purchasing power has become critically important. Fritz Appraisals Inc.

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Real Estate Appraisal Housing Market Property Appraisal 107

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

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Sellers Marketing Inventory Contracts 502

Eppraisal

FEBRUARY 22, 2022

As is evident, a seller can take advantage of inflation with a high sales price, especially if the seller is downsizing to a less expensive residence. At the same time, as property values jump, landlords can raise their rents since the cost of maintenance will go up with inflation. Who Does Inflation Help?

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Housing Market Marketing Property Taxes Home Value 36

Housing Wire

JUNE 24, 2024

Sellers can just wait it out, and it looks like the U.S. housing market is seeing that now. I think it’s worth examining if sellers will indeed just wait it out now. That is 13% more sellers than last year at this time, but it’s not expanding any more this summer. The pace of sellers has plateaued for the year.

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Inventory Sellers New Listings Property Taxes 440

Housing Wire

OCTOBER 21, 2024

Many hoped these cuts would lead to lower borrowing costs and re-energize the for-sale housing market, yet home borrowing costs have only marginally dipped. In high-demand markets such as California, New Jersey, and Washington, homes – especially affordable ones – are generally hard to find, and competition remains fierce.

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Real Estate Marketing Insurance Property Taxes 482

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. ” “Being able to provide an ANSI compliant sketch and opinion of value is very important to any seller or agent/broker. We do that.

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Lending Appraisal Property Taxes Training 99

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

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Property Taxes Insurance Sellers Inspection 36

Housing Wire

SEPTEMBER 20, 2024

Attom said that flippers have struggled in comparison to other types of sellers in recent years because they’ve exhibited an “unusual pattern” of timing the market poorly. The string of profit-margin gains could be a signal that flippers are beginning to self-correct. The report comes with a few caveats. The typical margin of 30.4%

Property Taxes 440

Property Taxes Renovations Investors Sellers 440

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Most states calculate property taxes depending on your home’s fair market value. Ultimately, an independent appraisal helps lower your overall property taxes.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Most states calculate property taxes depending on your home’s fair market value. Ultimately, an independent appraisal helps lower your overall property taxes.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Listing Spark

AUGUST 23, 2023

In Dallas, the median home price in Q1 of 2023 was $372,400; the Austin market saw median house prices reach $467,900 at the same time. If you’re a typical home seller offering a 3% commission to your listing agent, that’s a median cost of $11,172 or $14,037, respectively.

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Real Estate Agent Sellers Real Estate Advertising 36

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Most states calculate property taxes depending on your home’s fair market value. Ultimately, an independent appraisal helps lower your overall property taxes.

Appraisal 28

Appraisal Property Taxes Buyers Sellers 28

Zillow

JULY 15, 2019

Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing escrow : The final and official transfer of property from seller to buyer and delivery of appropriate paperwork to each party.

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Real Estate Agent Insurance Inspection Buyers 56

Lamacchia Realty

SEPTEMBER 11, 2024

Financial Savings One of the most significant advantages of downsizing in Florida’s competitive market is the potential for substantial financial savings by moving to a cheaper area near big cities, such as Kendall in Miami-Dade County.

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Real Estate Agent Real Estate Realty Logistics 58

Housing Wire

AUGUST 24, 2023

What does it mean for the housing market ? However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). A strong economy still supports rising wages, allowing many households to mitigate the financial pressures.

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Mortgage Property Taxes Investors Buyers 370

PennyMac

AUGUST 14, 2024

Pressure to Sell Quickly: Holding two properties can create urgency to sell your existing home, potentially leading to compromises on price or terms. Selling Before Buying Many home sellers opt to sell their current house before buying a new one. turn your home into a rental property)? But is it the right choice for you?

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Real Estate Agent HOA Finance Real Estate 36

Quicken Loans

JUNE 8, 2021

Even if the sellers agree to your offer, their bank or lender might reject it if it’s too low. There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes. Sellers (i.e., Buying At An Auction.

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Real Estate Agent Inspection Government Real Estate 72

Housing Wire

JULY 18, 2023

In other words, prospective homebuyers have 28% fewer homes to choose from than they did before the pandemic Redfin’s analysis, which uses turnover as a measure of housing availability, includes overall for-sale housing turnover and breakdowns based on neighborhood type and home type.

Inventory 370

Inventory Property Taxes Buyers Modernization 370

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. In an REO, the bank is the sole owner of the property.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Will Springer Realtor

MARCH 14, 2022

So far, five pieces of Washington real estate and housing legislation have passed both houses of the state Legislature and are with the Governor. Most notable, Senate Bill 5713 would provide a property tax exemption until Jan. After all, they need the most guidance in a challenging sellers’ market.

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Housing Market Marketing Real Estate Supply Chain 36

Cleveland Appraisal Blog

FEBRUARY 17, 2021

As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods.

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Appraisal Clients Inspection Market Value 217

Chicagoland Appraisal Blog

APRIL 3, 2020

Just as the housing stock in Chicago is incredibly diverse, so too is the pool of buyers. Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says.

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Real Estate Agent Architecture Modernization Buyers 78

PennyMac

JANUARY 3, 2024

Other home expenses, such as property taxes, utilities, homeowners insurance and often costly homeowners association (HOA) dues, will also continue until you sell. Research the housing market. The housing market plays a significant role in the home-selling process.

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Real Estate Agent Buyers Real Estate Mortgage 36

Assurance Financial

SEPTEMBER 28, 2021

While some argue that millennials are killing the housing market, studies show that millennials do want to buy homes. Stability in Housing Costs. While your property taxes and home insurance rates may fluctuate, the majority of your costs will not increase. Why Should Millennials Buy a Home? Forced Saving.

Property Taxes 36

Property Taxes Mortgage Insurance Design 36

Will Springer Realtor

SEPTEMBER 12, 2023

on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. SEPTEMBER HOUSING UPDATE There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. Only buyers and sellers who must move are doing so.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

NOVEMBER 9, 2022

The housing market in and around King County was moving along swimmingly at the start of 2022, with homes selling briskly and buyers taking advantage of interest rates in the 3s. and jump in mortgage rates of 4 percentage points has created a housing market belly flop. We are in a new phase of the housing market cycle.

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New Listings Housing Market Inventory Buyers 36

PennyMac

JULY 10, 2023

Spring and summer are typically the best times to list, but the optimal selling season ultimately depends on your specific housing market. Don’t use a property tax assessment since that figure is typically much lower than the current market price. Still not sure how to price your home?

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Real Estate Agent Real Estate Agents Buyers 36

The Robert Weiler Company

SEPTEMBER 7, 2022

cities and ranked them across 12 metrics in four categories: job opportunity, home affordability, livability, and housing market forecast. Tax Deduction (homeowners can deduct property taxes and mortgage interest). The value of your property increases significantly year over year.

Investing 78

Investing Business Real Estate Buyers 78

Will Springer Realtor

MAY 9, 2022

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. market in the last decade, reported FilterBuy.com.

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Buyers Law Inventory Development 36

Will Springer Realtor

JUNE 11, 2024

NAR SETTLEMENT UPDATES The real estate listing service for Western Washington has turned down an offer to join the nationwide settlement between the National Association of Realtors® (NAR) and sellers over claims of inflated compensation to brokers. Sellers can offer any amount – or nothing – seeking to improve consumer transparency.

Construction 36

Construction Real Estate Buyers Sellers 36

Will Springer Realtor

AUGUST 9, 2021

POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides. Owners face higher annual property taxes, and many are reporting difficulty paying, particularly older residents on fixed incomes. The county’s Assessors Office issues its updated property assessments between now and November.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MARCH 11, 2024

Beyond the allure of the offer price, it’s imperative to factor in the long-term cost of maintaining a property. Prospective home sellers are smart people. On the whole, people should continue to buy and sell when they need and not based on who is in the White House come 2025. ELECTION YEAR EFFECT?

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Insurance Sellers Real Estate Buyers 36