Eppraisal

OCTOBER 26, 2021

The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. We're currently at 3.7

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” Nationwide, inventory is at all-time lows. Here are 10 solutions for sellers who what to buy that go beyond waiting and watching for magic inventory to appear.

Sellers 282

Sellers Clients Inventory Agents 282

Housing Wire

NOVEMBER 7, 2023

One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Change the search area, change the type of home or find an equally great school district to look in that has more inventory. Manage the inspection process so they don’t freak out over small items. Overcommunicate.

Clients 389

Clients Buyers Real Estate Agent Real Estate 389

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

Business 364

Business Marketing Real Estate Legal 364

Housing Wire

SEPTEMBER 30, 2021

Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Besides a high-demand, low-inventory market, Aubuchon must contend with a new competitor on the block. One kid will give their parent’s car.” Aubuchon says buyers are making too many concessions.

Housing Market 351

Housing Market Marketing Real Estate Agent Loan Officers 351

Housing Wire

JUNE 24, 2021

If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent. The trio closed a $7 million seed round in 2019.

Sellers 338

Sellers Buyers Investors Inspection 338

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. Sellers are even using this as a tool to attract buyers. It never will be.

Agents 397

Agents Buyers Sellers Inventory 397

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce.

Real Estate 360

Real Estate Open Houses Brokerage Real Estate Agent 360

Housing Wire

OCTOBER 6, 2020

With ever-waning levels of inventory, surging homebuyer demand and bidding wars on the rise, it’s clear that sellers have the upper hand this season. You can also bet it will show up on the inspection report. And while that certainly bodes well for homeowners (hello, more profits!) A few high-ROI updates.

Renovations 471

Renovations Inspection Buyers Inventory 471

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both.

Realtors 388

Realtors Housing Market Marketing Buyers 388

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview. Episode highlights. Key takeaways.

Inspection 36

Inspection Real Estate Construction Sellers 36

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We being outbound. “We

Inventory 311

Inventory Housing Market Marketing Real Estate 311

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. These properties are frequently incorrectly priced, poorly staged, and it’s far more difficult to schedule a showing without a seller’s agent.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

Cleveland Appraisal Blog

MAY 13, 2021

THE SELLER’S VIEW. This is the strongest seller’s market I have ever seen. I do believe that this situation has continued to keep some people from selling their home, which in turn keeps inventory levels low, which in turn keeps prices rapidly increasing. What is a buyer to do? The problem is not selling a home.

Market Value 298

Market Value Contracts Appraisal Buyers 298

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? The typical first-time buyer was 33 years old, while the repeat-buyer age rose to an all-time high of 56. >> Sellers are probably celebrating, as the return on investment in their homes skyrockets. Monthly inventory stands at 0.4 The sellers were seeking $7.8M ($1527/sq. months (vs.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Eppraisal

OCTOBER 5, 2022

Home values are not going down anytime soon however inventory of homes available for sale is increasing. Sellers will still want to be sure you are financially qualified to purchase their home before they entertain an offer from you. Softening Sales Sales are softening and the market is balancing for buyers and sellers.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyers are writing offers considerably above list price and they are writing other terms in their offers that are attractive to sellers. Sellers may not think this is very fair.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. Consider Waiving Inspection. Increase Your Down Payment.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. That, combined with the more sellers listing their homes means there is now less competition for buyers and essentially, fewer offers on homes. Discovering Old Electrical Panels at a Florida Home Inspection. Home inspections.

Inspection 69

Inspection Buyers Inventory Sellers 69

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. Most homes sold within a few days in multiple offer situations which buyers had little leverage or room for contingencies or even home inspections!

Marketing 62

Marketing Sellers Buyers Inventory 62

Lamacchia Realty

DECEMBER 28, 2021

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall. 2021 Recap. Yes, you read that correctly, worse. It is a real problem.

Sellers 74

Sellers Inventory Buyers Realtors 74

Hank Miller Team

FEBRUARY 27, 2022

Inventory is even lower than last year and no one is expecting a major change any time soon. Sellers are demanding - and getting - buyers to waive checks that are intended to provide a level of risk management. For these buyers, the max effort has to be given to finding a seller motivation that's not tied to the contract process.

Buyers 52

Buyers Inspection Contracts Sellers 52

Eppraisal

SEPTEMBER 7, 2022

The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago. They will not have to waive inspections and appraisals. Sellers and their listing agents will have to put forth more effort now.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Your Offer Price As mentioned, the inventory of homes for sale is even lower than it was last year at this time.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Hank Miller Team

JULY 18, 2022

Contingencies - we're rapidly seeing the return of due diligence, inspections, appraisals and the like. Increasing inventory - as the market balanced, buyers are under less stress. Can Sellers Sue? When a buyer terminates, what can a seller do? Can a seller sue the buyer?

Contracts 52

Contracts Sellers Buyers Agents 52

D Fritz Appraisals

JUNE 28, 2022

Significantly reduced housing inventory. At the same time, inventory of available homes dropped significantly and BCREA Chief Economist Brendon Ogmundson is quoted as saying ‘While sales are not keeping pace with the unprecedented levels seen [in 2021], demand remains strong’. Higher disposable household income .

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Eppraisal

MAY 17, 2022

It’s been a seller’s market for quite some time now. This is mainly due to the lack of inventory of homes for sale and that home values are rising. They are offering considerably above list price, buying “as is,” waiving inspections, using appraisal gap riders and more. This may not be the case.

Real Estate Agent 69

Real Estate Agent Sellers Legal Buyers 69

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. 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. When buyers purchase a home "as is" they can still have inspections performed.

Marketing 36

Marketing Inspection Contracts Buyers 36

Zillow

SEPTEMBER 12, 2019

Old inventory may mean deals. Sellers tend to put their homes on the market in the spring, often listing their homes too high right out of the gate. These sellers have fewer chances to capture buyers after Labor Day. By October, you are likely to find desperate sellers and prices below a home’s market value.

Sellers 67

Sellers Buyers Open Houses Inspection 67

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., Step 7: Have the Property Inspected.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Lamacchia Realty

JANUARY 27, 2023

This extensive report breaks down average prices, sales, inventory, listings and pending sales for Broward, Miami Dade, and Palm Beach counties for the 2022 market performance as compared to 2021 and even has data for a few years prior to provide you with a reference point. Prices for all these three counties combined were 7.5%

Inventory 52

Inventory HOA Insurance Buyers 52

Eppraisal

MAY 18, 2021

In fact, according to an article on Realtor.com, the national inventory of active listings declined by 53% over last year. It's All About the Sellers It's a super sizzling seller's market right now and home values are rising. Sellers are in charge and if you're trying to buy a home, keep this in mind.

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. However, housing affordability worsened.

Inventory 397

Inventory Housing Market Marketing Construction 397