PennyMac

JANUARY 2, 2024

You’ll have less competition as homes hit the market. Very Motivated Sellers Sellers are often motivated due to less competition from buyers. Starter Home Inventory Peaks Leaf colors aren’t the only things that peak in the fall. Cooler fall weather also allows you to evaluate the heating system more effectively.

Renovations 28

Renovations Sellers Property Taxes Inventory 28

Padove Appraisal Service

MARCH 17, 2019

The spring real estate market is quickly approaching. This can be good news for both buyers and sellers. The summer months typically bring higher sale prices to sellers. The graph below charts median sale prices for homes in Montgomery County, PA over the past 10 years. They become more willing to negotiate.

Real Estate 78

Real Estate Sellers Buyers Appraisal 78

Housing Wire

APRIL 22, 2024

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. In fact, some measures of home prices are now at their all-time highs, having surpassed the previous peak of two years ago. The leading indicators for future sales prices aren’t nearly that strong.

Inventory 497

Inventory New Listings Sellers Contracts 497

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

SEPTEMBER 18, 2021

1) Inventory will be at its peak The frenzied market that has all but consumed inventory has started to calm down just enough to make this more of a buyer’s market than we’ve seen since 2019. But over-zealous sellers with overpriced homes on the market that are lingering longer than before are boosting inventory.

Inventory 69

Inventory Sellers Buyers Market Value 69

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

Sellers 446

Sellers Marketing Inventory Contracts 446

Housing Wire

MARCH 25, 2024

Home prices had a slight increase this week across the board. What does this means for home prices this spring? As the data comes in each week this year, I’ve been more optimistic about home sales volume growth than for home-price growth. And that implies softness for future sales prices. Now it’s on the rise.

New Listings 495

New Listings Inventory Contracts Sellers 495

Housing Wire

MARCH 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. Second, because people think of home sellers as being locked-in by high interest rates.

Inventory 508

Inventory New Listings Sellers Real Estate 508

Listing Spark

JUNE 21, 2022

Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. Today, high amounts of homeowners equity and demand paired with an extreme shortage of inventory make for very different market conditions compared to the last crash. Hey, real estate fans!

Sellers 69

Sellers Housing Market Marketing Inventory 69

Empire Appraisal Group

JUNE 17, 2021

Majority of recent buyers bid at or above asking price. Majority of recent buyers bid at or above asking price. The past year has seen a noticeable seesaw in real estate activity, as markets traversed the challenges of the COVID pandemic. Pandemic Homebuyers Are Happy With Their Homes.

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Buyers Real Estate Inventory Marketing 78

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? Episode highlights.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Listing Spark

NOVEMBER 17, 2022

Many buyers are exiting the market because of higher rates. But is that the right decision in the current market? Despite rising rates, there are a lot of advantages that are coming into the market for buyers. Sellers are also willing to offer concessions. So if you’re a buyer, how do you buy in the current market?

Real Estate 36

Real Estate Mortgage Buyers Sellers 36

Appraisal Today

SEPTEMBER 22, 2023

To read more, click here My comments: Now we know what NAR members think about it. On a more positive side, I have done thousands of drive by appraisals since 1986. A buyer gets a seller’s disclosure statement for that information. To read more click her e My comments: Worth reading. Not very positive.

Appraisal 85

Appraisal Training Inspection Real Estate 85

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 418

Housing Market Buyers Agents Marketing 418

Housing Wire

SEPTEMBER 26, 2023

We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. Fewer new sellers also means that inventory can’t grow too much; the real trouble develops when demand drops and supply surges. That’s an increase of 1.8%

Inventory 490

Inventory Contracts New Listings Mortgage 490

Housing Wire

MARCH 6, 2023

Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said. The lack of inventory makes business even more difficult for loan officers, whose real estate agent referral partners simply don’t have many buyers ready to pull the trigger.

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Loan Officers Inventory Real Estate Agent Buyers 377

Housing Wire

JULY 26, 2022

For those of us in the business of analyzing the housing market, the past two years have been quite a ride. The market’s insatiable demand for real estate, combined with low interest rates and even lower inventory, created a feeding frenzy that drove insane bidding wars, sent home prices skyrocketing, and frustrated many would-be home buyers.

Inventory 364

Inventory Sellers Buyers Marketing 364

Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. “At The regional median price has ticked down about 7% since May, which is $45,000. By Ryan Lundquist.

Appraisal 52

Appraisal Marketing Business Contracts 52

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. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Inventory Housing Market Marketing Construction 400

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with Fair Housing laws, rules, and regulations.

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Appraisal Agents Real Estate Real Estate Agent 79

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Lower production volume means cutting staff and restructuring to better focus on the purchase market, Cohen said. After originating $1.66

Buyers 389

Buyers Housing Market Marketing Real Estate Agent 389

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Assurance Financial

JUNE 9, 2021

The past 12 months have been filled with lots of change in the real estate market, but that continues even as we move past the pandemic and the marketing is still exploding in 2021! While the Federal Reserve doesn’t directly set mortgage interest rates, its actions do have some impact on the mortgage market. Updated: 6/9/2021.

Mortgage 69

Mortgage Insurance Finance Buyers 69

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? We will tell them how after the once-in-a-century pandemic , the average home sale price increased dramatically. In 2021 alone, prices increased 19%. Now all the above factors are finding a place to land, and everyone is asking: When will the market change? Available Inventory.

Marketing 66

Marketing Sellers Buyers Inventory 66

Lamacchia Realty

NOVEMBER 14, 2022

IF YOU WAIT UNTIL SPRING TO BUY, YOU'LL PAY MORE! The Fall of 2022 looks different than the past few years with mortgage rates higher than they’ve been in years, prices still high, and inventory, which has been at historical lows since the summer of 2020 , beginning to increase. There is nothing wrong with that house! Now is better.

Buyers 72

Buyers Tenants Inventory Marketing 72

Lamacchia Realty

DECEMBER 28, 2022

It will be much like 2021, with record-breaking amounts of home sales, more record-breaking home price appreciation, and more buyers fighting over homes. Adjustment years tend to happen every 8-10 years for the market to reset for its next decade-long run. These three things are all but certain to happen in 2022.

Sellers 78

Sellers Buyers Real Estate Inventory 78

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. In its place, rising everything – home prices, mortgage rates and inflation (Why are eggs so expensive?

Real Estate 36

Real Estate Buyers Construction Sellers 36

Lamacchia Realty

JUNE 10, 2022

The cooler summer market is the adjustment that has been needed for over a year and a half. A slight adjustment now is better than a major market adjustment years down the line. A slight adjustment now is better than a major market adjustment years down the line. So, what caused the adjustment?

Marketing 62

Marketing Sellers Buyers Inventory 62

Will Springer Realtor

MAY 9, 2023

How’s the market, you ask? The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

New Listings 58

New Listings Inventory Buyers Sellers 58

Will Springer Realtor

JUNE 13, 2023

Home prices and mortgage rates. It’s the bacon and eggs of the housing market – two staples that are often linked to one another. Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. Median home prices for King County on all home types added 3.4%

Buyers 36

Buyers Inventory Construction Finance 36

Clear Capital

OCTOBER 28, 2021

And they hadn’t hit that that wall that we experience more on the mortgage side — all the compliance reasons why you can’t do that. And, with some of the changes and even like California — some of the zoning changes — allowing for more multifamily construction in what has been traditionally single-family areas.

Real Estate 69

Real Estate Tools Agents Real Estate Agent 69

Appraisal Today

SEPTEMBER 1, 2023

To gain insight into these types of assignments, we asked our appraisal community, “What’s the weirdest property you’ve appraised recently?” To see more examples, Click Here My comments: I was inspired by this post and included two unusual homes in this newsletter. Click here for more info! == MLS Down. per month, $24.75

Appraisal 77

Appraisal Contracts Mortgage Real Estate 77

Will Springer Realtor

JULY 12, 2022

And when the market undergoes a significant shift, it’s important to share the latest picture with consumers. That has prompted the Federal Reserve to take aggressive steps to try and control rising prices on everything from groceries and gas to airfare and housing. home prices would rise by anywhere from 2.9% climbed to 8.6%

Housing Market 41

Housing Market Marketing Buyers Contracts 41

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. Housing shortages have helped keep home prices and rents high across the country.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. I have been asked this question more than a few times this summer/fall by consumers on the fence: “Did I miss my window?”. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

DECEMBER 8, 2021

The median price of a brand-new home is $407,700, according to October figures from the U.S. Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

Sellers 36

Sellers Marketing Supply Chain Construction 36