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An open letter to sellers about today’s housing market

Sacramento Appraisal Blog

Dear Sellers, How are things? I hope all is well. It’s been such a crazy market, but things are starting to change. 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.

Sellers 419
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Advice for Buyers & Sellers in Today’s Market

Ryan Lundquist

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 746
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Buyers take power from sellers. It’s their turn.

Sacramento Appraisal Blog

And sellers are losing it. Finally. Buyers are gaining power. I have some new visuals to show what the market is doing right now. These are for Sacramento, but I suspect many areas look similar.

Sellers 394
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An open letter to home sellers in a crazy market

Sacramento Appraisal Blog

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

Sellers 399
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Home seller concessions reach pre-pandemic levels

Housing Wire

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. A new Redfin report found a record 41.9%

Sellers 385
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Home sellers are feeling good about 2021

Housing Wire

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. The post Home sellers are feeling good about 2021 appeared first on HousingWire.

Sellers 410
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Mortgage demand picks up as seller concessions rise

Housing Wire

And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . According to industry watchers, sellers are attracting buyers to their homes through mortgage rate buydowns.

Sellers 418
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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree. The post The standoff between homebuyers and sellers appeared first on HousingWire.

Sellers 407
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Unrealistic sellers & my favorite housing analogy

Sacramento Appraisal Blog

I’d love to share a helpful analogy for today’s housing market, let’s talk about unrealistic seller expectations, and then unpack some fresh stats. I have three things on my mind today.

Sellers 389
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Buyers & sellers feeling stuck in the housing market

Sacramento Appraisal Blog

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? Well, I can’t help but think of today’s housing market compared to the film.

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Where home seller profit margins are shrinking

Housing Wire

Despite this drop, investment returns for home sellers is still up from 48.8% Metro results for home sellers. The post Where home seller profit margins are shrinking appeared first on HousingWire. Profit margins on median-priced single-family and condo sales across the U.S.

Sellers 327
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Fannie Mae: Sellers still thriving as home prices stay high

Housing Wire

Sellers, rejoice. The post Fannie Mae: Sellers still thriving as home prices stay high appeared first on HousingWire. Mortgage Politics & Money Real Estate Fannie Mae fannie mae home purchase sentiment index Homebuyer confidence low inventory MORTGAGE RATES seller's market Zillow

Sellers 409
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Study: 24% of sellers received four or more offers in 2021

Housing Wire

home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. Typical sellers received two offers, which is the same as the past three years. About two-thirds of sellers (65%) also reported buying a home.

Sellers 428
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Changing Needs Motivating Home Sellers

Appraisal Buzz

Additionally, among those surveyed, the number of buyers asking for repairs based on the inspection results more than doubled in recent months and the number … The post Changing Needs Motivating Home Sellers appeared first on DSNews.

Sellers 195
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As home prices increase, sellers have the upper hand

Housing Wire

August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy. The post As home prices increase, sellers have the upper hand appeared first on HousingWire.

Sellers 423
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UWM turns to seller concessions with new mortgage product launch

Housing Wire

United Wholesale Mortgage (UWM) this week launched temporary rate buydowns, a product that allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment.

Sellers 355
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Sellers Realize Record Profits After Sale

Appraisal Buzz

that have enough data to be statistically relevant; this is the highest levels recorded, … The post Sellers Realize Record Profits After Sale appeared first on theMReport.com. The post Sellers Realize Record Profits After Sale appeared first on Appraisal Buzz.

Sellers 301
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Pandemic-Era Sellers’ Market Experiences Rapid Decline

Appraisal Buzz

As housing affordability continues its decline, the latest analysis from First American projects home price appreciation to fall further as the booming sellers’ market seen in early 2022 has now turned in favor of homebuyers.

Sellers 195
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Opinion: The end of seller speculation in US housing market

Housing Wire

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale.

Sellers 344
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FHFA and Ginnie Mae relax proposed seller servicer requirements

Housing Wire

The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for sellers, servicers and issuers they oversee. The post FHFA and Ginnie Mae relax proposed seller servicer requirements appeared first on HousingWire.

Sellers 299
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As home prices skyrocketed, sellers made killer profits in 2021

Housing Wire

home sellers made a pretty penny in 2021, with the nationwide realized profit growing by 45% year-over-year, according to a new analysis published by real estate data vendor ATTOM this week. What a year 2021 was for home sellers and the housing market all around the U.S.

Sellers 370
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Massive home price appreciation set to slow as sellers return

Housing Wire

The post Massive home price appreciation set to slow as sellers return appeared first on HousingWire.

Sellers 386
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Sellers Drop Prices Amid Rising Affordability Issues

Appraisal Buzz

This is amid new data from Redfin that showed a record amount of existing sellers … The post Sellers Drop Prices Amid Rising Affordability Issues appeared first on DSNews. The post Sellers Drop Prices Amid Rising Affordability Issues appeared first on Appraisal Buzz.

Sellers 195
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Slowdown in Supply and Demand Force Sellers to Improvise

Appraisal Buzz

As many would-be home sellers are holding onto their existing homes, properties are now staying on the market longer according to the latest Zillow analysis, leaving sellers to try and draw in homebuyers with attractive listings and price drops.

Sellers 195
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Home Seller Profit Increases Throughout U.S.

Appraisal Buzz

On the heels of a dull Q1, that suggested possible weakness in the nation’s long-running housing market … The post Home Seller Profit Increases Throughout U.S. ATTOM released its Q2 2022 U.S.

Sellers 195
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Rocket Homes Launches Single-Platform for Buyers and Sellers

Appraisal Buzz

The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on theMReport.com. The post Rocket Homes Launches Single-Platform for Buyers and Sellers appeared first on Appraisal Buzz.

Sellers 312
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Sellers’ Market Remains Firm, Leaving Buyers More Options

Appraisal Buzz

Meanwhile, according to this month’s Knock Buyer-Seller Market Index, sellers have the upper hand remaining in most markets throughout the U.S. The post Sellers’ Market Remains Firm, Leaving Buyers More Options appeared first on Appraisal Buzz.

Sellers 195
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New Study Finds Majority of U.S. Markets Favor Sellers

Appraisal Buzz

Meanwhile, according to this month’s Knock Buyer-Seller Market Index, sellers have the upper hand remaining in most markets throughout the U.S. Markets Favor Sellers appeared first on DSNews. Markets Favor Sellers appeared first on Appraisal Buzz.

Sellers 195
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Sellers Lowering Listing Prices to Sway Buyers

Appraisal Buzz

Mortgage rates have surged as government efforts seek to combat inflation, while the average 30-year fixed mortgage rate hit 5% in April for the first time since … The post Sellers Lowering Listing Prices to Sway Buyers appeared first on theMReport.com.

Sellers 195
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Inflation Impeding Prospective Home Buyers and Sellers

Appraisal Buzz

The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on theMReport.com. The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on Appraisal Buzz.

Sellers 195
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The Big Shift: Which Markets Favor Buyers vs. Sellers?

Appraisal Buzz

Knock has announced the unveiling of the Knock Buyer-Seller Market Index, revealing the U.S. The new index analyzes key housing market metrics to measure the degree to which of the nation’s 100 largest markets favor home buyers or sellers.

Sellers 195
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Buyers gaining power & farewell real estate honeymoon

Sacramento Appraisal Blog

Sellers haven’t had to negotiate much with buyers over the past two years, but that’s starting to change. Let’s talk about this today by looking at seller concessions (credits for repairs, help with closing costs, etc…).

Buyers 386
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FHFA and Ginnie Mae Update Seller/Servicer Requirements

Appraisal Buzz

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

Sellers 195
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Home Sellers Report Drop in Profits During Q3

Appraisal Buzz

The post Home Sellers Report Drop in Profits During Q3 appeared first on Appraisal Buzz. “If the Federal Reserve’s objective was to slow down the housing market, it has succeeded spectacularly,” said Rick Sharga, EVP of Market Intelligence at ATTOM.

Sellers 195
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FHFA proposal for seller servicer requirements is mixed bag

Housing Wire

The Federal Housing Finance Agency (FHFA) proposed some key changes to requirements for single-family seller servicers that do business with the enterprises. But they are the rules of the road if a seller or servicer wants to do business with either of the GSEs.

Sellers 297
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Fannie Mae: buyer, seller confidence should rise soon

Housing Wire

The post Fannie Mae: buyer, seller confidence should rise soon appeared first on HousingWire. Fannie Mae ‘s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, fell 1.2 points in February.

Sellers 405
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Market Trends: More Sellers Become Hesitant to List Homes

Appraisal Buzz

Realtor.com’s latest housing data release for August reveals that listing prices decelerated for the third month in a row, as more sellers hit pause on listing homes and homes for sale spent more time on the market than last August.

Sellers 195
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Fannie Mae survey confirms: It’s a seller’s market

Housing Wire

On the flip side, the percentage of people who believe it is a good time to sell increased 4% last month to 45% as July reports reflected a seller’s market. The post Fannie Mae survey confirms: It’s a seller’s market appeared first on HousingWire.

Sellers 428
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Why are sellers sitting on the housing market sidelines?

Housing Wire

A whopping 63% of sellers are also buyers, which poses yet another concern. It’s actually a seller’s market in most areas, meaning homeowners can get top-dollar for their properties — not to mention sell in record-setting time. . For-sale inventory is at record lows.

Sellers 390
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TV: Newsday Live: Hot Tips For a Hot Market: For Sellers

Miller Samuel

Newsday Live: Hot Tips For a Hot Market: For Sellers. The post TV: Newsday Live: Hot Tips For a Hot Market: For Sellers first appeared on Miller Samuel Real Estate Appraisers & Consultants.

Sellers 305