Sacramento Appraisal Blog

JULY 18, 2022

And sellers are losing it. 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. UPCOMING (PUBLIC) SPEAKING GIGS: 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 Navigating […].

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Sellers Buyers Real Estate Agent Real Estate 500

Sacramento Appraisal Blog

FEBRUARY 7, 2023

There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.

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Housing Market Sellers Appraisal Real Estate 349

Sacramento Appraisal Blog

MARCH 28, 2023

Sellers are hibernating. It’s been striking to see sellers sitting back so far in 2023, and it’s really starting to create more competition for buyers. Let’s talk about it. Scroll by topic or digest slowly.

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Housing Market Sellers Appraisal Real Estate 252

Sacramento Appraisal Blog

MAY 16, 2022

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. WEBINAR ON THURSDAY: On May 19th at 10am I’ll be […].

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Sellers Housing Market Real Estate Marketing 531

Sacramento Appraisal Blog

MAY 2, 2023

Sellers have been sitting out of the housing market, and it’s made a massive difference in 2023 so far. UPCOMING (PUBLIC) SPEAKING GIGS: 5/4/23 Housing Market […] The post Sellers sitting out of the housing market & buyers getting concessions first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Housing Market Sellers Buyers Appraisal 299

Housing Wire

OCTOBER 5, 2021

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. Most sellers (74%) received at least one offer on their property that was all cash or did not include a financing contingency.

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Sellers Inspection Buyers Mortgage 545

Housing Wire

APRIL 7, 2021

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. ” Duncan added that home sellers are citing high home prices and tight inventory as primary reasons why it’s a good time to sell.

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Sellers Mortgage Real Estate Real Estate Agent 518

Housing Wire

AUGUST 17, 2022

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. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

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Mortgage Sellers Buyers Housing Market 435

Sacramento Appraisal Blog

SEPTEMBER 9, 2022

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. And some buyers are stuck in the future, […].

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Housing Market Sellers Buyers Marketing 446

Housing Wire

OCTOBER 20, 2022

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. This is the first decline in home prices in almost three years, down from 57.6% This is up from 6.7%

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Sellers Real Estate Housing Market Mortgage 386

Sacramento Appraisal Blog

AUGUST 17, 2021

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.

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Sellers Real Estate Housing Market Marketing 503

Housing Wire

JANUARY 28, 2022

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. For comparison sake, in 2019 a home seller’s realized profit averaged out to about $55,000, the report said.

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Sellers Real Estate Housing Market Buyers 457

Appraisal Buzz

JANUARY 28, 2022

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.

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Housing Wire

AUGUST 17, 2022

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. Institutions with less than $1 billion in originations during a 12 month period would be exempt — a new carveout the agencies said is for “small sellers.”.

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Sacramento Appraisal Blog

MAY 25, 2021

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. I hope this helps. […].

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Sellers Real Estate Housing Market Marketing 506

Housing Wire

OCTOBER 7, 2020

With the market heading into fall, sellers, on the other hand, proved more resilient as the percentage of respondents who said it was a good time to sell a home gained 8% to 56% in September. The post As home prices increase, sellers have the upper hand appeared first on HousingWire. Presented by: NAMB. As of Oct.

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Sellers Real Estate Agent Mortgage Real Estate 538

Housing Wire

JULY 7, 2021

Sellers, rejoice. The post Fannie Mae: Sellers still thriving as home prices stay high appeared first on HousingWire. Roughly 77% of respondents to 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, said now is a good time to sell.

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Sellers Mortgage Inventory Housing Market 516

Housing Wire

JULY 29, 2022

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. The end of seller speculation in the housing market is long overdue and welcome news for buyers.

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Housing Market Sellers Marketing Inventory 414

Appraisal Buzz

AUGUST 30, 2022

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. The post Changing Needs Motivating Home Sellers appeared first on Appraisal Buzz.

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Sellers Appraisal Inspection Buyers 195

Appraisal Buzz

AUGUST 10, 2021

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.

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Appraisal Buzz

OCTOBER 4, 2022

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.

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Sellers Buyers Marketing Appraisal 195

Appraisal Buzz

OCTOBER 31, 2022

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.

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Sellers Appraisal Marketing 195

Appraisal Buzz

OCTOBER 4, 2022

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. The post New Study Finds Majority of U.S.

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Sellers Marketing Appraisal Mortgage 195

Housing Wire

APRIL 5, 2022

The post Massive home price appreciation set to slow as sellers return appeared first on HousingWire. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2% increase and Elmira with 3%, according to the news release.

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Sellers Real Estate Inventory Buyers 482

Housing Wire

FEBRUARY 28, 2022

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.

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Sellers Mortgage Government Investors 340

Appraisal Buzz

AUGUST 17, 2022

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.

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Sellers Appraisal Mortgage Finance 195

Appraisal Buzz

JULY 1, 2022

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.

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Sellers Appraisal Marketing 195

Appraisal Buzz

JULY 6, 2021

The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. The post Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising appeared first on Appraisal Buzz.

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Sellers Buyers Appraisal Inventory 370

Appraisal Buzz

SEPTEMBER 1, 2022

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. The post Market Trends: More Sellers Become Hesitant to List Homes appeared first on Appraisal Buzz.

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Sellers Marketing Appraisal Inventory 195

Appraisal Buzz

OCTOBER 20, 2022

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.

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Sellers Appraisal Housing Market Marketing 195

Miller Samuel

JUNE 18, 2021

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. The interview was placed on Newsday's home page, which was pretty cool. Newsday is the largest news publication for Long Island, New York.

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Housing Wire

DECEMBER 2, 2020

A whopping 63% of sellers are also buyers, which poses yet another concern. The post Why are sellers sitting on the housing market sidelines? Four renovations to consider before selling your house. Here’s how to get an instant offer on your home. Worries about finding a replacement home in a hot housing market.

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Housing Market Sellers Marketing Mortgage 487

Appraisal Buzz

JULY 20, 2022

We sat down with Mike and Joan Trice, Founder of Allterra Group, LLC, to discuss his latest article in Appraisal Buzz, “ Market Correction or Seller Panic? ”. What can appraisers learn when it comes to market correction and seller panic? The post Exposure Time, Market Correction, and Seller Time.

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Sellers Appraisal Marketing 195

Appraisal Buzz

JANUARY 26, 2022

More than 77% of homebuyers and sellers believe there’s a housing price bubble in the area where they live, according to a survey in a new report from Redfin. A housing bubble is characterized by rapid, unsustainable growth … The post Price Bubbles, Rising Prices Concern Consumers and Sellers appeared first on DSNews.

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Sellers Appraisal Mortgage Buyers 195

Appraisal Buzz

AUGUST 30, 2022

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 Home Sellers’ Survey: A Look at ‘Slowing Real Estate Fundamentals’ appeared first on theMReport.com.

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Real Estate Sellers Appraisal Inspection 195

Appraisal Buzz

OCTOBER 26, 2022

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. The post Pandemic-Era Sellers’ Market Experiences Rapid Decline appeared first on Appraisal Buzz.

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Sellers Marketing Appraisal 195

Appraisal Buzz

DECEMBER 30, 2021

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. A new report from Redfin has found that nearly 10% of survey respondents are cancelling their plans to buy or sell a home due to inflation.

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Sellers Buyers Appraisal 195