Remove 2003 Remove Contracts Remove Inventory
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Holiday week sees drop in mortgage applications

Housing Wire

Housing demand remains strong, and despite extremely tight inventory and rising prices, home sales are running at their strongest pace in over a decade.”. The ongoing refinance wave has been beneficial to homeowners looking to lower their monthly payments during these challenging economic times brought forth by the pandemic,” he said.

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Local Markets: Louisville, Reno and San Diego

Housing Wire

Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said. Ward said this slowdown has led to an increase in housing inventory. We have about 2.6

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57 crucial real estate statistics that explain the 2025 market

Housing Wire

There is currently an inventory of 642,359 properties. Vacancy rates from 2003 to 2024 (Source: Census Bureau ) As of February 2025, the national median rent price is $1,375. The median list price of homes in the US is $435,000; the median price of new listings is $435,900. 10% of properties have been relisted. Rent prices are up 0.3%

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2023 Maine Year in Review

Lamacchia Realty

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This resilience is more attributable to the reduction in inventory rather than a decline in sales. Maine Sales Decreased by 18.9%

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. My comments: I find this post’s appraiser comments most interesting, especially those from VA appraisers who have been required to use the VA’s Tidewater Initiative, which started in 2003. percent from 7.29

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Two percent of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.”. You can clearly see that inventory is increasing as the number of active listings is growing, and we are not finished with July. The average contract interest rate for 5/1 ARMs decreased to 4.55

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” each month between 2003 and 2022.) Condo inventory stands at 1.7 months’ inventory for all home types, down sharply from 2.3 Eastside inventory is 1.4