Appraisal Buzz

AUGUST 8, 2024

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 Chen Zhao, Redfin’s Economics Research Lead, predicts that the market will likely surpass $50 trillion within the next 12 months due to a lack of new listings keeping prices elevated. trillion.

Valuation 417

Valuation Housing Market Marketing Home Value 417

Appraisal Buzz

AUGUST 13, 2024

As the rental market continues to cool, property managers are increasingly offering concessions to attract renters, according to new data from Zillow. Now is a great time for renters to find a deal, with more new apartments hitting the market than at any time in the past several decades. While rents have continued to rise—up 5.1%

Marketing 396

Marketing Construction Property Management Appraisal 396

Housing Wire

JUNE 3, 2024

HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a rapidly-evolving landscape. Congratulations to this year’s honorees!

Marketing 468

Marketing Advertising Realty Real Estate 468

Housing Wire

SEPTEMBER 6, 2024

To that end, Veterans United Home Loans conducted a study to find which housing markets are best for current and former military members in these two generations. It concluded that the most favorable markets are on the East Coast and in the Midwest. The city that topped the list is Tampa. and the quality of life score ranks No.

Housing Market 441

Housing Market Marketing Insurance Buyers 441

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Buyers think it’s a buyer’s market. Sellers think it’s a seller’s market. 25 statewide in 2023 transaction volume.

Housing Market 284

Housing Market Marketing Sellers Buyers 284

Appraisal Buzz

JULY 15, 2024

More people move during the summer, which causes the rental market to heat up,” said Skylar Olsen, Chief Economist at Zillow. over the past year in Hartford, more than any other major market. The typical rent eclipses $3,000 in a few east and west coast markets. Nationally, the typical rent is $2,054, according to ZORI.

Marketing 370

Marketing Appraisal 370

Appraisal Buzz

AUGUST 15, 2024

foreclosure market experienced a notable uptick in July 2024, with foreclosure filings increasing by 15% from the previous month, according to the latest report from ATTOM Data, a land, property, and real estate data firm. July’s foreclosure activity reflects a slight shift in the housing market,” Barber said. This marks a slight 0.2%

Marketing 448

Marketing Real Estate Housing Market Development 448

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

Buyers 482

Buyers Marketing Mortgage Real Estate Agent 482

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. He also offers valuable insights into the appeal of BTR communities and emerging markets to watch closely.

Tenants 460

Tenants Investing Marketing Construction 460

Appraisal Buzz

AUGUST 14, 2024

markets that have the “it” factor, as Columbus, Ohio; Knoxville, Tennessee; and Louisville, Kentucky claimed the top three spots in terms of popularity with online searchers over the past year. Coming in second on the list was Knoxville, Tennessee, recognized as a top emerging housing market in both Summer and the Fall of 2023.

Housing Market 397

Housing Market Marketing Home Value Inventory 397

Appraisal Buzz

JULY 29, 2024

Recent data from First American (First Am) Data & Analytics’ Real House Price Index (RHPI) reveals a significant shift in the housing market, with increased housing supply leading to improved affordability in some areas. Affordability improved year-over-year in only five of the top 50 markets. between May 2024 and June 2024.

Marketing 418

Marketing Inventory Housing Market Mortgage 418

Housing Wire

AUGUST 14, 2024

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. The deal is indicative of how details matter in a market like Denver where home-price growth has slowed dramatically after a surge in post-pandemic migration to the metro area caused valuations to rise sharply in a short period of time.

Buyers 451

Buyers Housing Market Marketing Sellers 451

Appraisal Buzz

JULY 26, 2024

However, today’s housing market, while expensive, appears to be in far better shape than it was before the Great Recession. Most others are only temporarily empty, typically because they’re used for vacations or on the market to be bought or rented. Housing Market Stability: Foreclosure Trends first appeared on The MortgagePoint.

Housing Market 448

Housing Market Marketing Home Value Mortgage 448

Appraisal Buzz

JULY 9, 2024

The median home also spent 45 days on the market, an increase of two days over the previous year. The market is trending slightly in the direction of becoming more buyer-friendly thanks to these factors. The number of homes currently for sale increased for an eighth consecutive month in June, rising by 36.7% and 48.7%, respectively.

Housing Market 418

Housing Market Buyers Marketing Inventory 418

Appraisal Buzz

AUGUST 19, 2024

real estate markets, the financial scales have tipped in favor of homeownership, largely due to the wealth-building benefits of equity accumulation. As we navigate an uncertain housing market, one thing remains clear: the long-term financial benefits of owning a home can make it a worthwhile investment.” The post Flipping the Rent-vs.-Own

Marketing 397

Marketing Housing Market Real Estate Investing 397

Housing Wire

AUGUST 2, 2024

In addition to the slowing job growth, the cooling labor market conditions were also evident in a 0.2 While the cooling job market is important to the Fed, economists, say it is not the only factor the Fed is watching. month-over-month percentage point increase in the unemployment rate to 4.3% million unemployed people.

Marketing 482

Marketing Mortgage Construction Transportation 482

Housing Wire

SEPTEMBER 9, 2024

The interviews revealed that buyers in some markets are more open to taking on some of the cost of compensating their agents. While Redfin agents are seeing more negotiations, it’s more common in some markets than others. We’ve found a tale of two markets,” Fairweather said.

Agents 467

Agents Marketing Sellers Buyers 467

Housing Wire

SEPTEMBER 2, 2024

Strengthen your value proposition by offering detailed market analysis, expert negotiation, and comprehensive transaction guidance. Build strategic partnerships In today’s market, collaboration is crucial. Working together with other agents can open new opportunities and stabilize your business during market fluctuations.

Real Estate 451

Real Estate Agents Marketing Real Estate Agent 451

Sacramento Appraisal Blog

OCTOBER 10, 2022

The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish. UPCOMING (PUBLIC) SPEAKING GIGS: 8/11/22 Realtist Lunch & Learn (sign up here (open to anyone)) 8/15/22 YouTube

Sellers 887

Sellers Buyers Marketing Housing Market 887

Appraisal Buzz

MAY 31, 2024

elementor-widget-text-editor.elementor-drop-cap-letter{display:inline-block} A new analysis by Zillow has found that Phoenix is the best market for this year’s college grads, featuring a combination of rental affordability and concessions, job prospects, and neighbors in their 20s for the class of 2024 to start life’s next chapter on a high note.

Housing Market 381

Housing Market Marketing Appraisal 381

Housing Wire

APRIL 27, 2024

10-year yield and mortgage rates Economic data created headline events last week that made the bond market go on a roller coaster with the GDP report, jobless claims and the Fed’s favorite inflation data, the PCE. However, for now, the labor market is getting softer, but not breaking. 2022: 19.2%

Inventory 509

Inventory Housing Market Marketing New Listings 509

Housing Wire

AUGUST 23, 2024

The latest data reflected in the Agent Movement Index (AMI) for July 2024 indicates a notable shift in the real estate agent landscape, highlighting a cooling trend in agent movement and an emerging caution in the market. Rob Keefe commented on these developments, stating, “The data from July clearly show a market in transition.

Agents 417

Agents Marketing Real Estate Agent Brokerage 417

Housing Wire

AUGUST 5, 2024

sent shockwaves through financial markets around the world on Monday. mortgage market , which has already seen big interest rate declines in the past week following a Fed meeting that teased forthcoming cuts to benchmark interest rates, along with a much weaker-than-expected jobs report. Fears of a recession in the U.S.

Mortgage 493

Mortgage Marketing Insurance Loan Officers 493

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% decrease from the previous year. “In overall to $429,990.

Sellers 397

Sellers Housing Market Buyers Marketing 397

Appraisal Buzz

JULY 24, 2024

Nearly two-thirds (64.7%) of homes on the market in June had been listed for at least 30 days without going under contract, according to a new report from Redfin, a technology-powered real estate brokerage. Overall, the market is fairly stagnant,” said Shay Stein, a Redfin Premier Agent in Las Vegas. This marks an increase from 59.6%

Inventory 433

Inventory Marketing HOA Contracts 433

Appraisal Buzz

JULY 22, 2024

RentCafe has analyzed the nation’s rental market for the first half of 2024, ranking the most sought-after markets for rentals. Overland Park did knock Minneapolis out of the top spot in April, while Atlanta emerged as the top market to watch in 2024 after attracting the highest number of online engagements on RentCafe.com in 2023.

Marketing 397

Marketing Transportation Development Modernization 397

Housing Wire

SEPTEMBER 10, 2024

Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. The retail direct-to-consumer segment represents about half of the mortgage market, and while we’re already the No.

Mortgage 441

Mortgage Marketing Technology Clients 441

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 475

Housing Market Marketing Mortgage Sellers 475

Housing Wire

JULY 23, 2024

Today’s existing home sales report shows that the existing home market is now almost balanced. We are very close to getting this balance nationally and in some markets we’re already there. million as a balanced market, but this equation has a second variable tied to today’s housing economics: affordability. million).

Marketing 482

Marketing Inventory Housing Market Buyers 482

Appraisal Buzz

JULY 30, 2024

Some key findings from the survey include: Agents are optimistic about the future: Almost half of agents surveyed (46%) were optimistic about their market for the next 12 months, with only 18% feeling pessimistic. Canada markets. Less than one-third (30%) saw the market as balanced, a small decrease since last month (3%).

Agents 418

Agents Marketing Clients Buyers 418

Housing Wire

MARCH 8, 2024

For now, we can say the labor market isn’t tight anymore, but it’s also not breaking. The four-week moving average declined slightly by 750, to 212,250 Below is an explanation of how we got here with the labor market, which all started during COVID-19. Jobless claims show an expanding economy that has not lost jobs yet.

Marketing 506

Marketing Mortgage Transportation Insurance 506

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. The survey reveals a generally cautious optimism among these sectors, despite varied expectations regarding market trends over the next three months.

Housing Market 468

Housing Market Real Estate Agent Marketing Training 468

Housing Wire

AUGUST 29, 2024

A new administration could have ramifications for markets and the overall economy, with potential policy changes and market fluctuations that affect U.S. Already, markets are pricing in an anticipated rate cut at the next Federal Open Market Committee meeting. citizens and their buying power.

Housing Market 429

Housing Market Marketing Mortgage Clients 429

Appraisal Buzz

JUNE 14, 2024

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. The post How to Build Volume in Today’s Market first appeared on The MortgagePoint. With an estimated 4.3

Marketing 396

Marketing Renovations Construction Finance 396

Housing Wire

SEPTEMBER 11, 2024

Atlanta is one of the most active and valuable real estate markets in the United States. 1 market for millennial homebuyers, with over 83,000 annual millennial-driven home purchases. In a market with over 20,000 licensed real estate agents, winning listings and buyer representation is increasingly competitive.

Real Estate 330

Real Estate Agents Real Estate Agent Marketing 330

Sacramento Appraisal Blog

MARCH 14, 2024

I heard the best description of the market this week. I mean, how can you go wrong when relating the housing market to nachos? UPCOMING SPEAKING GIGS: 3/19/24 WCR Gold Country (details here) 3/21/24 2024 […] The post The housing market is like nachos first appeared on Sacramento Appraisal Blog.

Housing Market 367

Housing Market Marketing Appraisal Construction 367

Appraisal Buzz

JUNE 18, 2024

Few factors dictate the housing market more than mortgage rates. MortgagePoint had the opportunity to discuss market trends with Nate Den Herder, MBA, Founder and CEO of Ardley Technologies and find out what advances in tech can contribute to new business avenues. Q: Is this really the time for lenders to invest in modern technology?

Marketing 394

Marketing Technology Investing Tools 394