Housing Wire

AUGUST 4, 2022

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Veros, in business since 2001, provides services for automated valuations, fraud and risk detection, portfolio analysis and forecasting.

Appraisal 435

Appraisal Valuation Real Estate Technology 435

Housing Wire

JULY 29, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 The overall pending home sales index fell 1.9% in June, according to the National Association of Realtors , which tracks the metric. (An in 2022.

Marketing 468

Marketing Buyers Realtors Real Estate 468

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. regions recorded year-over-year decreases in contract signings. Economists predicted that pending home sales would drop by 4.0% in September. Year over year, the PHSI was down 31.0%, marking the 16 th consecutive month of annual drops. All four major U.S.

Contracts 528

Contracts New Listings Realtors Housing Market 528

Housing Wire

MARCH 31, 2021

drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. An index of 100 is equivalent to the level of pending sales in 2001. After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February.

Inventory 511

Inventory Contracts Housing Market Buyers 511

Housing Wire

AUGUST 30, 2023

An index of 100 is equal to the level of contract activity in 2001. “The small gain in contract signings shows the potential for further increases in light of the fact that many people have lost out on multiple home buying offers,” said NAR Chief Economist Lawrence Yun. Meanwhile the Northeast (63.2)

Inventory 448

Inventory Contracts Buyers Realtors 448

Housing Wire

JANUARY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. “We “This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement. Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.”

Contracts 448

Contracts Realtors Mortgage Buyers 448

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. Existing home sales also fell in August, down 15.3% below the August 2022 level. The NAR’s Pending Home Sales Index fell to a reading of 71.8

Housing Market 497

Housing Market Contracts Government Buyers 497

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The index dropped to 116.7

Inventory 448

Inventory Renovations Contracts Buyers 448

Housing Wire

AUGUST 3, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 The overall pending home sales index fell 1.9% in June, according to the National Association of Realtors , which tracks the metric. (An

Buyers 514

Buyers Inventory Realtors Contracts 514

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 448

Buyers Mortgage New Listings Real Estate 448

Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If All four major U.S. to a reading of 71.0.

Contracts 418

Contracts Realtors Inventory Marketing 418

Housing Wire

DECEMBER 28, 2023

Pending home sales in November were largely unchanged from October’s levels, a month that saw the lowest pending sales since 2001. according to the latest data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6 in November, from 71.4 one month ago.

Realtors 482

Realtors Contracts Mortgage Marketing 482

Housing Wire

APRIL 20, 2022

According to the agency, a “soft-landing” – when inflation subsides without economic contraction – is possible, but historically such an outcome is an exception, not a norm. The unemployment rate is expected to reach 6% at some point in 2024, a change similar in magnitude to the 1990 and 2001 recessions.

Technology 476

Technology Mortgage Contracts Real Estate 476

Housing Wire

JUNE 29, 2023

An index of 100 is equal to the level of contract activity in 2001. Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing,” Lawrence Yun , the chief economist of NAR, said in a statement. annual drop recorded in April.

Contracts 370

Contracts Inventory Housing Market Realtors 370

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. For the first time since November 2022, pending home sales fell in March, posting a 5.2% month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). year over year.

Inventory 459

Inventory Realtors Contracts Construction 459

Housing Wire

NOVEMBER 30, 2022

An index of 100 is equal to the level of contract activity in 2001. Pending home sales have now fallen in 11 of the last 12 months. Year over year, the PHSI was down 37.0%, marking the 17 th consecutive month of annual declines. In recent weeks, however, mortgage rates have dipped back into the 6.0%

Realtors 397

Realtors Contracts Buyers Mortgage 397

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Since its establishment in 2008, the firm said it has bought and sold about $12 billion in residential real estate.

Mortgage 397

Mortgage Construction Lending Real Estate 397

Housing Wire

FEBRUARY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. “Buyers responded to better affordability from falling mortgage rates in December and January,” Lawrence Yun, NAR’s chief economist, said in a statement. Despite the strong monthly increase, pending home sales are down 24.1% compared to a year ago. in 2023 and 5.4%

Housing Market 459

Housing Market Realtors Contracts Buyers 459

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. Taking a step back, pending home sales remain at a relatively low level, and despite this month’s setback, new home sales have climbed convincingly (+22.5%) above last summer’s lows. The NAR’s Pending Home Sales Index climbed to a reading of 76.8

Construction 370

Construction Inventory Realtors Housing Market 370

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Clear Capital

FEBRUARY 13, 2025

Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. ### About Clear Capital Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives.

Appraisal 49

Appraisal Valuation Mortgage Tools 49

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. My comments: Real estate agents and brokers are salespersons. Appraisers are real estate reporters.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Furthermore, it delves into predictions for the real estate landscape in 2024.

Inventory 73

Inventory Sellers Buyers Contracts 73

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year. Inflation’s Impact On Real Estate.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. percent, matching October 2022’s rate and the highest rate since 2001,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.93

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Appraisal Today

JULY 12, 2024

Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of real estate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements. I got it for MLS access. percent from 7.03

Appraisal 68

Appraisal Design Contracts Business 68

Appraisal Today

SEPTEMBER 29, 2023

Estate and divorce require heavy networking over time with real estate agents, the primary referral source. These millions of properties across the US represent a significant subset of the larger real-estate market which has not adequately priced the cost of climate risk into its valuation. million properties, 23.9

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Appraisal Today

JUNE 10, 2022

NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. Available to rent on Airbnb, of course.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 7, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. Excerpts: Year Built: 2001. Sometimes real estate agents take them on and off the market. =. Lenders, real estate agents, etc.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

JUNE 3, 2022

Lenders and AMCs want residential appraisers to value these properties as both the real estate and the business values of these properties – Wrong!! The appraisals include separate values for real estate, fixtures, and Going Concern (business income and expenses). Some of the topics: • USPAP issues. • percent from 5.46

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Appraisal Today

MARCH 31, 2023

One easy way is networking at meetings, such as the Chamber of Commerce, local bar associations, real estate agent meetings, appraiser meetings, etc. I spoke at the weekly sales meetings at all the local real estate companies. The curator of land, property, and real estate data released its fourth-quarter 2022 U.S.

Appraisal 52

Appraisal Inspection Contracts Clients 52

Appraisal Today

OCTOBER 28, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, mortgage forecast, Halloween haunted homes, unusual homes, mortgage origination stats, etc. September 2022 Real Estate Appraisal Outlook with Kevin Hecht, September 28. percent, the highest rate since 2001.

Appraisal 52

Appraisal Contracts Valuation Mortgage 52

Appraisal Today

DECEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc. When I did my national conferences from 2001 to 2006 there were no tests. ==. The average contract interest rate for 5/1 ARMs increased to 5.59

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 18, 2024

The estate also has a lighted tennis court with a viewing pavilion. In 2001, Tony and Jeanne paid $9.5 We asked our community of real estate appraisers, “What’s your best tip for working with AMCs?” The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.42

Appraisal 63

Appraisal Reconsideration of Value Insurance Contracts 63

Will Springer Realtor

MAY 13, 2024

A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%. SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

APRIL 29, 2021

The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 Though homes in contract are not always closed, the index figure is a strong indication that home sales will rebound in the coming months after an inventory-induced decline.

Contracts 448

Contracts Inventory Construction Realtors 448

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. garage as well. Meanwhile, Ms.

Appraisal 75

Appraisal Contracts Real Estate Agent Real Estate 75