Housing Wire

DECEMBER 28, 2021

We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. While it’s still a strong seller’s market, there just aren’t the up-to-20 offers coming in on homes anymore,” Herrig said.

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Housing Wire

JULY 25, 2022

We are seeing a lot of listings come out right now, but because there are so many buyers out there, stuff is still selling as quick as it comes out, so we haven’t gained any traction on inventory.”. Today, the Cache la Poudre River runs through modern-day Fort Collins. Los Angeles, California. Los Angeles, California.

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Housing Market Marketing Real Estate Real Estate Agent 362

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

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Inventory Housing Market Marketing Modernization 498

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home. Consider Your Market.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

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

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 404

Inventory Housing Market Marketing Modernization 404

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? home buyers will have a better chance to find the home of their dreams in 2022, but will face a competitive seller’s market, as first-time buyer demand will continue to outpace the nation’s recovering inventory.” The 10 top housing markets of 2022.

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Housing Market Appraisal Marketing Appraisal Process 79

Housing Wire

OCTOBER 2, 2020

Like other mortgage firms, California-based AmeriHome has captured a glut of business over the last year due to low interest rates and paltry inventory. “Through our correspondent channel, we primarily purchase and aggregate residential mortgages from trusted third-party originators, who we refer to as ‘correspondent sellers.’

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Valuation Mortgage Business Modernization 265

Housing Wire

FEBRUARY 21, 2023

This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022. However, the second is that inventory is simply too low, with too many people chasing too few homes, which means too many bidding wars.

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Housing Market Marketing Inventory Buyers 404

Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Months of Inventory (1.2 Months of Inventory (1.2 Months of Inventory (Compared to 3.3 Dallas/Fort Worth.

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Real Estate Marketing Inventory Modernization 36

Clear Capital

MARCH 24, 2023

Depending on how the contract is written, the homebuyer must decide whether to walk away from the home they want, try to negotiate with the seller to bring the purchase price down or come up with the cash to make up the difference.

Appraisal 36

Appraisal Contracts Market Value Valuation 36

Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

Renovations 55

Renovations Buyers Home Improvement Realty 55

Housing Wire

JULY 18, 2023

High mortgage rates and depleted housing inventory have exacerbated an already existing housing availability crisis. As a frame of reference, a 20/1,000 turnover rate is a fairly typical for the modern housing market. This policy fed, over the years, into the housing inventory crisis.

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Inventory Property Taxes Buyers Modernization 364

Appraisal Today

AUGUST 5, 2022

Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. For more details and graphs, click here. To read more, click here.

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Appraisers must consider regional economic conditions, inventory levels, and buyer sentiment when evaluating properties. built in 1825 Excerpts: 8 bedrooms, 5.5+ baths, 6,263 square feet, 2.23

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Appraisal Contracts Business Construction 76

Housing Wire

OCTOBER 12, 2022

Given the ongoing tension between potential homebuyers and home-sellers at the moment, we believe the pace of sales is likely to slow even further, too,” he added. annualized in the third quarter of 2022 due to strong net export and inventory investment activity, before contracting 0.7% Presented by: Polly. million in 2022 and 3.93

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Contracts Modernization Housing Market Mortgage 414

Listing Spark

SEPTEMBER 27, 2023

Your Clients Demand Near-Real-Time Market Insights In Texas especially, markets are in flux, and there remains a severe shortage of inventory. Smart software can do a lot of the heavy lifting that realtors do and which buyers, sellers, and investors used to not be able to do.

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Appraisal Today

AUGUST 4, 2023

However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. Unless there are improvements in affordability and inventory, the market dynamics will likely stay consistent. However, none of these refers to an appraiser verifying data of any kind. On the other hand, the FHA/HUD 4000.1[II.D.4.(3)(c)]

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Appraisal Business Contracts Real Estate 70

Appraisal Today

JULY 1, 2023

As several calls to the listing agent have gone unreturned, we (and social media) are left wondering why this modern marvel hasn’t sold. Existing-home sales continued to be held back by a lack of for-sale inventory as many potential sellers are holding on to their lower-rate mortgages.” percent of total applications from 26.9

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Appraisal Contracts Market Value Mortgage 84

Housing Wire

OCTOBER 20, 2023

and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door. Advertising on Zillow can put your website in front of millions of potential buyers and sellers. Learn more Predictive analytics Artificial intelligence (AI) is here to stay.

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Real Estate Tools Open Houses Advertising 408

Chicagoland Appraisal Blog

APRIL 3, 2020

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. If your home is more contemporary, a set with sleek, simple lines, like this modern aluminum furniture collection from Target, will add cutting-edge comfort to your outdoor space. Go for low-maintenance updates.

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Construction Modernization Buyers Inspection 36

Cleveland Appraisal Blog

FEBRUARY 17, 2021

It’s a shame the sellers have been paying real estate tax for years, on a home that is considerably larger than their home really is. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio.

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Appraisal Clients Inspection Market Value 217

Listing Spark

JULY 24, 2023

However, for most markets across Texas, inventory remains extremely low. In the first quarter of 2023, inventory was still at 2.7 An In-Depth Analysis Modern online platforms offer users all three of these criteria, especially if you install them as apps on your phone. months —much better than a previous trough of 1.1

Real Estate 36

Real Estate Investors Tenants Property Management 36

Will Springer Realtor

MAY 13, 2024

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. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

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HOA Transportation Construction Buyers 36

Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. We’ve seen a massive change in housing inventory. But is it because sellers are rushing to list their homes? It’s easy to pin this on sellers rushing to list, but that’s NOT the case. Excerpt: Finally.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

OCTOBER 14, 2022

I’m always looking for something new ;> Nearly Two-Thirds of Homebuyers and Sellers Are Hesitant to Move Somewhere With Climate Risk. Meanwhile, 15% of buyers and sellers said climate change caused them to search in a different part of their area. If you have any comments or info on any topics, please hit the reply button!!

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Appraisal Insurance Real Estate Business 52

Appraisal Today

SEPTEMBER 1, 2023

Examples of verification sources include, but are not limited to, the buyer, seller, listing agent, selling agent, and closing documents in certain situations. Hubel explains: “I’m assuming the hot water heater just had a leak, so [the seller] cut out the subfloor and then never replaced it before listing it.” A Man On a Mission!

Appraisal 77

Appraisal Contracts Mortgage Real Estate 77

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

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Buyers Development Construction New Listings 36

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. A drying up of listings sent inventory figures lower. in July, and condo inventories were 1.0,

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JULY 8, 2022

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. Total Eastside inventory rose to 1366 active listings, up 52% in one month and 210% in a year. months’ inventory for all home types, up from 0.8

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Housing Market Marketing Inventory HOA 36

Appraisal Today

FEBRUARY 9, 2024

Homebuilders have been offering sizable concessions, including money for mortgage rate buydowns, to attract bidders and offload inventory. That has made it hard for some individual sellers of existing homes to compete for buyers. The number of homeowners putting their houses on the market has decreased over the last year and a half.

Appraisal 79

Appraisal Contracts Insurance Construction 79

Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), The thought that early spring would produce more, longer-lasting inventory has yet to materialize. Inventories for condos were little changed from month to month, standing at 0.6 overall, where housing inventory rose 2.4%

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The inventory numbers bear that out, as each area of the county experienced a decline in available homes even while listings rose by about 42% month-to-month for all home types. STATE CAPITAL UPDATE.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Total inventories were little changed from March to April. existing home sales. month from 0.6,

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

Inventories are on the rise, so much so that one area is now considered a buyer’s market. The bright spots include increasing inventory and falling prices across most of the region. Inventory levels are mounting in King, now at 1.9 Single-family inventory stands at 2.5 Single-family inventory stands at 2.5

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2022

” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. months) was fractionally worse than in Seattle (0.8), where the Central District (including Capitol Hill) was enjoying a relative wealth of inventory at 1.1 Inventories rose in the past month across the county (0.8

Architecture 36

Architecture Design Buyers Construction 36