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.

Advice for buyers & sellers in today’s housing market

Sacramento Appraisal Blog

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.

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Fastest market ever & price deceleration

Sacramento Appraisal Blog

The housing market has been changing these past couple of months. Anyway, let’s talk about two things to watch in months ahead – price deceleration and days on market. As I’ve been saying, it isn’t cold, but the temperature is surely different.

Buyers & sellers feeling stuck in the housing market

Sacramento Appraisal Blog

Well, I can’t help but think of today’s housing market compared to the film. Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. I love the original Back to the Future movie. Do you too?

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.

A sharp change in the housing market

Sacramento Appraisal Blog

A quick change in rates has led to a quick change in the housing market. UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Big Market Update (sign up here)) […].

An open letter to sellers about today’s housing market

Sacramento Appraisal Blog

It’s been such a crazy market, but things are starting to change. Dear Sellers, How are things? I hope all is well. So, let’s chat. This is coming from a good place, and it’s based on observations and what I’m hearing from real estate professionals.

A spike in listings & sitting on the market

Sacramento Appraisal Blog

That’s what so many housing markets across the country are experiencing right now. The pile of listings is growing, and it’s taking longer to sell. We’re on the cusp of seeing some real change in the stats over the next few months. Here are some things on my mind.

Market Correction or Seller Panic?

Appraisal Buzz

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. It has been advertised that most markets lack substantial supply of homes – especially for low- and moderate-income housing. So, how do you comp in this market?

Choosing comps in a changing market

Sacramento Appraisal Blog

I’ve been getting asked lots of questions lately about choosing comps since the market shifted. Here are some things people have been asking me.

Is the housing market getting back to normal?

Sacramento Appraisal Blog

“The housing market is getting back to normal.” UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Market Update (sign up (for real estate agents)) 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 […].

Saying goodbye to the hottest housing market ever

Sacramento Appraisal Blog

The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now.

Market Update for Marketers

Housing Wire

As marketers in the ever changing real estate and mortgage industry it is important to stay up to date on all things going on. Top-performing articles over the last month include: 5 predictions for the second half of the 2022 housing market , by Selma Hepp, deputy chief economist at CoreLogic.

The housing market went from steaming to stagnant (free download)

Sacramento Appraisal Blog

The housing market went from steaming to stagnant a few months ago, and now that some time has passed, we’re getting more stats to help show the effect of higher mortgage rates.

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?

June: Market Update for Housing Marketers

Housing Wire

Top podcasts: · State of the housing market June 2022. · Of course, any thought leadership pertaining to the current market environment is almost guaranteed to do well, and we saw that last month highlighted in the following pieces. HW Media HQ Marketing Real estate

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.

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.

Local Markets: Housing news across U.S communities

Housing Wire

Take a deep dive into these five local housing markets to better understand the trends across the nation. Each city has a unique market and enticing listings to attract new residents. The post Local Markets: Housing news across U.S

July: Market Update for Housing Marketers

Housing Wire

Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course.

What is Market Conditions?

George Dell

The conditions of the market, in real estate, means the relationship between supply and demand. The post What is Market Conditions? Appraiser Market Price Or Market Value Series #criticalthinking #georgedell #marketconditions

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?

Firing Up Marketing Efforts as the Market Cools Down

Appraisal Buzz

Mortgage marketers are beginning to lean more heavily on lead providers to maintain volumes, but Rob Rokoff of Verisk Marketing Solutions explains that there are privacy and regulatory issues to navigate.

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?

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.

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.

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.

Announcing the 2022 Marketing Leaders!

Housing Wire

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil. VP, Marketing & Growth. VP of Growth Marketing.

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.

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.

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 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

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

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”!

The housing market slowdown has only just begun: Fannie Mae

Housing Wire

Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. The mortgage market is projected to slip further to $2.17

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

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

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.

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.

Americans are deeply pessimistic about the housing market

Housing Wire

Home prices have started to drop, but the decline has not been significant enough to slow a growing pessimism about the housing market. Fannie Mae’ s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, dropped by 0.8