The housing market has shifted

Sacramento Appraisal Blog

The housing market has shifted over the past month. That’s what the stats are showing, and it’s what we’re hearing from the trenches.

A shift in demand in the housing market

Sacramento Appraisal Blog

The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. An elevated market with a shift in […]. Do you feel that? It’s change.

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The housing market temperature has changed

Sacramento Appraisal Blog

The temperature of the housing market has started to change. Do you feel it? Let’s talk about what’s going on, and what this means and doesn’t mean. I’d love to hear your take in the comments.

Has the housing market peaked?

Housing Wire

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S.

Housing market tears & price pressure

Sacramento Appraisal Blog

The market is rising, which is normal for January. UPCOMING PUBLIC SPEAKING GIGS: 2/9/2022 Yolo Associaton of Realtors market update (details) 2/18/2022 WCR El Dorado County market update (details) 2/25/2022 Placer Association […]. Do you smell that?

The housing market is still savagely unhealthy

Housing Wire

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021.

The housing market is now savagely unhealthy

Housing Wire

To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 million ; this is still historically low, but this gives the housing market a breather from the madness that we see today.

Is the housing market starting to slow?

Sacramento Appraisal Blog

Is this crazy housing market slowing? QUICK SUMMARY: The market is still bananas, but we’re seeing some slight slowing. Let’s talk about that today.

10 ways the housing market is slowing

Sacramento Appraisal Blog

The housing market has turned the corner and we are seeing definitive slowing. Here are ten ways I’m seeing slowing in the market. NOT DULL: The market is slowing, but it’s not dull. If you’re not local, what are you seeing in your area?

The most aggressive housing market ever?

Sacramento Appraisal Blog

Was last year the most aggressive housing market we’ve ever had? But what do you think, whether you’re local or in a different market? I’m going to go out on a limb and say HECK YES based on the stats.

Has the housing market peaked this year?

Sacramento Appraisal Blog

Has the housing market likely peaked for the year? These trends are for the Sacramento region, but I suspect many markets across the country are starting to show similar stats (or will […]. Are prices finally starting to slow? Can it really be happening?

The housing market feels like chaos

Sacramento Appraisal Blog

The housing market is on steroids and it’s mind-blowing to see such rapid growth lately. Today I want to unpack ten things I’m watching in today’s market. It feels like chaos out there.

What 5% mortgage rates mean for the housing market?

Housing Wire

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market.

Is housing market demand starting to weaken?

Housing Wire

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. Homes in May are also on the market for an average of only 17 days.

Choosing comps in a lopsided market

Sacramento Appraisal Blog

How do we choose comps in such a lopsided market? I had a great question about this recently, so I wanted to share some thoughts. Anything to add? I’d love to hear your take in the comments.

An open letter to home sellers in a crazy market

Sacramento Appraisal Blog

The housing market is so chaotic right now, so I wanted to share some thoughts and advice that I thought might help. Dear Sellers, How are things? I hope all is well. This is coming from a good place and it’s based on observations and conversations with the real estate community.

First-time homebuyers feeling squeezed out of the market

Housing Wire

Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 4.7 The post First-time homebuyers feeling squeezed out of the market appeared first on HousingWire.

Is Market Value Itself Biased?

George Dell

Could the very definition of market value hold bias? The post Is Market Value Itself Biased? Appraiser Bias Series Critical Thinking Market Value market valueLet’s look. First, we need to figure out what types of bias there might be.

Will the housing market continue its hot streak in 2022?

Housing Wire

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down?

The housing market is trying to get back to normal

Sacramento Appraisal Blog

That’s not a word we’ve used much to describe the housing market lately, but we are finally starting to see some normalcy. Normal? Many parts of the country are showing what looks to be normal seasonal slowing and that is a sight for sore eyes.

Is the housing market going to crash?

Sacramento Appraisal Blog

What’s going to happen to the housing market? Market Trends 2021 housing market Appraisal Appraiser buying in 2021 housing analysis Housing Bubble housing crash perspective price stats Real Estate Market real estate price cycles selling in 2021 seven year rule

Mortgage marketing solutions

Housing Wire

In today’s purchase-heavy market, lenders must shift their priorities to increasing sales volume and standing out among the competition. The two companies featured in this section offer tools to support lenders in their marketing efforts.

What is the Market in ‘Market Value’?

George Dell

Everyone knows what’s a market — (or do they)? Market Value is the ultimate goal of appraisals, of AVMs, of evaluations, of BPOs, hybrids, exceptions, and all forms of opinions (everyone has one). So, market value must be based on “the market”!

Buckle up for next year’s housing market

Sacramento Appraisal Blog

Big 2022 market update: I’m doing a big market talk at SAR on […]. It’s real estate prediction season and I have a few thoughts about the beginning of next year.

Local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their market.

Logan Mohtashami on how the housing market is holding up

Housing Wire

HousingWire: How are existing home sales trends and inventory affecting the housing market right now? Logan Mohtashami: Existing home sales look about right to me this year; this was the pre 5% housing market. This article is part of our housing market update series.

Vacations & normalcy in the housing market

Sacramento Appraisal Blog

Market Trends 2021 real estate market housing market in 2021 housing trends normal year of sales volume normalcy in real estate pandemic housing market regional appraisal blog in sacramento Ryan Lundquist Sacramento Appraisal Blog sacramento housing market seasonal slowing trend graphs

Renter market picks up in suburbs

Housing Wire

The post Renter market picks up in suburbs appeared first on HousingWire. Affordable Housing Housing Market Multifamily Real Estate Beverly Hills Cleveland Home ownership Los Angeles Maple Heights Ohio Miami Rental Market Rentcafe U.S.

Is Market Value Obvious?

George Dell

There, the leading paragraph defines “market value” as per USPAP Advisory Opinion 22.) The post Is Market Value Obvious? Market Price Or Market Value Series Market Value Critical Thinking market value

Here’s why the housing market needs higher mortgage rates

Housing Wire

This was the last thing we needed to see for the Housing Market , which went from unhealthy to savagely unhealthy. I liked the Dallas Fed’s article; I thought they were much calmer about the housing market than I am. Economics Housing Market hwmember Logan Mohtashami

Mike Simonsen: How rising rates impact the housing market

Housing Wire

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble.

How Delta variant may impact housing market

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal.

A slowing housing market, but still on steroids

Sacramento Appraisal Blog

Real estate has been slowing, but it’s still completely nuts. I’ll explain below. But first let me unpack the NAR conference in San Diego and share some exciting personal news. Then stats and perspective for those interested.

The housing market is slowing (but not slow)

Sacramento Appraisal Blog

The housing market is slowing and today I want to share seven quick ways I’m seeing that. This market is still driving at warp speed. In short, the market is slowing, but it’s not slow.

Can You Measure Market Velocity?

George Dell

“Appraisal is market analysis!” Freddie Mac Chief Appraiser Scott Reuter recently noted pervasive market analysis deficiencies in appraisal opinions. The post Can You Measure Market Velocity? Analytics CMS Competitive Market Segment Market Value market conditions market value

Diving into Market Value in 2022

Appraisal Buzz

In today’s Buzzcast, we dive into market value and how appraisers are moving forward in the new year. We’ll be getting the inside scoop while they discuss market value and this upcoming year in the industry. How has this pandemic shaped the market value?

Is the housing market cooling down?

Housing Wire

The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. million level, which I believe will take away the bidding wars and bring a B&B market — Boring and Balanced. The post Is the housing market cooling down?

Single-family rents soar in tight housing market

Housing Wire

Profit margin compression and a tight housing market – What’s a lender to do? Black Knight Managing Director Rob Kessel explains how lenders can better price loans and remain competitive in today’s tight housing market.

Is the housing market really 20% overbuilt?

Housing Wire

Nevertheless, some supposedly erudite thinkers on the housing market are saying this, so I thought I should investigate. If the housing market was in the grips of some mass hysteria of irrational purchasing, we would expect to see certain hallmarks in the data.

Home prices are insane (so is the rental market)

Sacramento Appraisal Blog

Prices growth has been insane lately and that’s pretty much how the rental market feels too. Let’s talk about this and a few other things. Enjoy. Three Things: 1) THE ASTERISK IN THE ROOM: Home price stats are truly crazy right now across the country.