Housing Wire

JANUARY 25, 2021

Zillow’s 2021 housing forecast echoes the projections of other industry experts of a rapid acceleration of home value appreciation, with numbers anticipated to be even higher than in 2020. According to Zillow’s Home Value Index, the company expects seasonally adjusted home values to increase by 3.7%

Home Value 545

Home Value Mortgage Buyers Marketing 545

Housing Wire

NOVEMBER 7, 2024

Now, soaring premiums demand more careful review and sticker shock is prompting buyers to walk away from deals, especially in states like Florida and Texas. In California, where more than 7,000 wildfires occurred last year, the typical homeowner in many ZIP codes paid premiums as low as 0.05% of home value, according to the Times.

Insurance 476

Insurance Supply Chain Real Estate Design 476

Housing Wire

NOVEMBER 7, 2023

“If somebody is concerned about that (taxes), I always put it back on the buyer and ask them, ‘Do you have any control in the increase of your rent payment?’” single-family home was $3,901, up 3% compared to 2021, ATTOM reported. But home values and taxes have shot up in several neighborhoods.

Property Taxes 541

Property Taxes Home Value Government Valuation 541

Housing Wire

MARCH 31, 2021

As work-from-home becomes more of a national norm, prospective homebuyers are seeking better home values in small towns that still offer a lot of amenities. Per Realtor.com , homes are being sold at an average of $111,000 in Bay City, and the average listing price per square foot is only $75. compared to 2020.

Buyers 418

Buyers Investors Realtors Agents 418

Housing Wire

FEBRUARY 10, 2021

Zillow also announced it has agreed to pay $500 million to acquire ShowingTime , which makes software for prospective buyers to arrange showings with agents. The Seattle-based company , which has mostly pivoted from selling advertising to real estate agents into iBuying, acquired 1,789 homes in the fourth quarter. million – up 25.8%

Home Value 418

Home Value Advertising Real Estate Agent Real Estate 418

Housing Wire

OCTOBER 3, 2022

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. That monthly payment is up $930 from August 2021, a 73% increase. With mortgage rates at 6.7%

Inventory 529

Inventory Home Value Housing Market Mortgage 529

Appraisal Buzz

JULY 18, 2022

The average 30-year fixed rate mortgage rate was its lowest ever at 2.65% on December 31, 2021. Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Therefore, it begs the question: what will happen to home values?

Sellers 435

Sellers Marketing Market Value Home Value 435

Empire Appraisal Group

JUNE 6, 2024

Study: All-Cash Buyers Pay 10% Less A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through. We find sellers are willing to leave money on the table to avoid the risk.” In policy terms, U.S.

Buyers 78

Buyers Sellers Real Estate Finance 78

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.

Sellers 78

Sellers Buyers Home Value Marketing 78

Housing Wire

NOVEMBER 22, 2023

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. 2019 level.

Inventory 446

Inventory Home Value Housing Market Buyers 446

Appraisal Buzz

OCTOBER 3, 2024

percentage points) Median List Price Per Sq.Ft. : (+2.3 %) (+50.8 %) “Lock-in” Effect Causing Buyers to Stay Put The real estate market has been hampered by the “lock-in” effect for many years now, whereby homeowners, who are tied into a relatively cheap mortgage rate, have been remaining there, having a negative influence on available inventory.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

MARCH 9, 2021

As the first quarter of 2021 nears its end, a recent Redfin report shows both good and bad news for Black homeowners. The positive: Homeowners in primarily Black neighborhoods earned an average of $59,000 in home equity in 2020, compared with $50,000 for homeowners in primarily white neighborhoods between 2019 through January 2021.

Home Value 496

Home Value Market Value Brokerage Inventory 496

Housing Wire

OCTOBER 14, 2021

From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.

Buyers 539

Buyers Housing Market Real Estate Agent Real Estate 539

Appraisal Buzz

AUGUST 16, 2024

This surge follows a period of fluctuating investor activity during the COVID-19 pandemic, where purchases more than doubled during the 2021 homebuying boom, only to drop nearly 50% in 2023 due to declining rents and home values. Despite the renewed investor interest, overall home purchases in the U.S.

Investors 370

Investors Property Taxes Housing Market Real Estate 370

Housing Wire

MAY 24, 2023

For many buyers, closing day represents the beginning of the next chapter in their lives – having a new place to celebrate important milestones and create new memories. Unfortunately, as buyers are preparing for this momentous day, wire fraud – a scam in which cybercriminals attempt to steal buyers’ hard-earned money – poses a serious threat.

Real Estate 380

Real Estate Buyers Real Estate Agent Sellers 380

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 from a month prior and a 40% increase from the February 2021 level. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. months supply. after a 10.4%

Supply Chain 379

Supply Chain Housing Market Buyers Construction 379

Lamacchia Realty

APRIL 24, 2023

ATTRACT MORE BUYERS WITH ENERGY EFFICIENT UPGRADES With monthly utility bills being a nagging cost all year long for homeowners, home buyers are more aware than ever about energy-efficient features within prospective homes. 81% of buyers desire Energy Star-rated appliances.

Buyers 74

Buyers Real Estate Agent Realty Home Value 74

Housing Wire

JANUARY 3, 2024

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. Other districts have adopted the same approach.

Landlords 469

Landlords Home Value Construction Renovations 469

Lamacchia Realty

DECEMBER 31, 2021

They won’t be living there much longer so spending money on upgrades that don’t increase home values by astronomical amounts and ones that they won’t be able to enjoy for a long period of time tends to deter many individuals. The first photo buyers look at when shopping for homes should be of an inviting, well taken care of home.

Buyers 74

Buyers Renovations Realty Technology 74

Appraisal Buzz

APRIL 2, 2024

hit in the first quarter of 2021. With home values mostly up annually throughout the U.S., It’s also more expensive to own a home: In almost a third of the markets analyzed, major expenses currently consume at least 43% of average local wages – an amount considered seriously unaffordable. That is down from 33.2%

Property Taxes 195

Property Taxes Insurance Home Value Buyers 195

Housing Wire

NOVEMBER 18, 2022

months in October 2021. Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. “In In October, 24% of homes received over the asking price. Conversely, homes sitting on the market for more than 120 days saw prices reduced by an average of 15.8%.”. ” .”

Housing Market 431

Housing Market Marketing Inventory New Listings 431

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. How has the foreclosure-related regulatory landscape changed since 2020 and 2021? By September 2021, however, there was still much foreclosure reluctance.

Inventory 412

Inventory Technology Design Tools 412

Housing Wire

JANUARY 7, 2022

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

Housing Market 364

Housing Market Marketing Real Estate Agent Agents 364

Listing Spark

FEBRUARY 24, 2021

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. This measures how long it would take for every current home on the market to sell, if no more new homes came on to the market at all. to 3,626 Median Home Value: up 15.8% Dallas/Fort Worth.

Real Estate 69

Real Estate Marketing Inventory Sellers 69

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 36

Housing Wire

AUGUST 16, 2024

home purchases fell 1.9% during the same period, which Redfin attributed to elevated mortgage rates and home prices. While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash. In comparison, total U.S. metro areas going back to 2000.

Investors 445

Investors Tenants Real Estate Property Taxes 445

Housing Wire

JANUARY 25, 2023

After blowing past the 2% core inflation target in April 2021, it continuously rose for 18 months until peaking in September 2022. We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022. It did not hit 6.7%

Housing Market 452

Housing Market Marketing Inventory Sellers 452

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

Lending 456

Lending Home Value Mortgage Renovations 456

Housing Wire

MAY 4, 2022

Annual house price growth hit a record high in 2021, over 17%, and growth remains in the double digits thus far in 2022. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. To register for the HW+ event, go here.

Housing Market 363

Housing Market Finance Marketing Mortgage 363

Lamacchia Realty

OCTOBER 25, 2024

Despite the national housing market trends having a slight decline in home sales, New Hampshire still saw an increase when compared to September last year. With the current trend of increased sales, it’s clear that there is still high demand from buyers. Watch Anthony’s video here for more insights!

Sellers 74

Sellers Real Estate Buyers Realty 74

Lamacchia Realty

OCTOBER 25, 2024

Despite the national housing market trends having a slight decline in home sales, Maine still saw an increase when compared to September last year. With the current trend of increased sales, it’s clear that there is still high demand from buyers. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 74

Sellers Real Estate Buyers Realty 74

Housing Wire

JULY 14, 2021

For the first time in a year, the number of buyers who locked in mortgage rates to purchase a second home fell in June. Per a recent Redfin study , second home mortgages saw a year-over-year decrease of 11.1%. Home prices in seasonal towns, meanwhile, rose 28% year over year to $468,000 in June.

Home Value 468

Home Value Contracts Lending Mortgage 468

Lamacchia Realty

OCTOBER 25, 2024

This trend is more than just the seasonal slowdown and suggests a shift away from the intense seller’s market, offering buyers more choice and potentially reducing competition. As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for a better deal.

Sellers 73

Sellers Real Estate Buyers Inventory 73

Housing Wire

FEBRUARY 4, 2022

Our forecast is for home values to rise 16% from December 2021 to December 2022. One of the main headwinds for buyers — higher mortgage rates — will also dissuade some sellers who want to avoid paying more interest on their next home purchase. Zillow’s answer: price growth won’t slow much, at least not nationally.

Housing Market 361

Housing Market Inventory Home Value Marketing 361

Lamacchia Realty

OCTOBER 25, 2024

This trend is more than just the seasonal slowdown and suggests a shift away from the intense seller’s market, offering buyers more choice and potentially reducing competition. As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for more affordability.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

OCTOBER 25, 2024

The decline in total sales and pending homes suggests that buyer demand may be weakening. As a result, more sellers have entered the market, but many buyers now find these properties to be outside their budget. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 74

Real Estate Sellers Buyers Realty 74

Lamacchia Realty

JULY 31, 2024

Learn More About the Waltham, MA Community 2024 Waltham, MA Housing Market Outlook The first half of the year is traditionally a seller’s market categorized by limited housing supply and strong buyer competition – often resulting in multiple offers and escalating prices.

Real Estate 74

Real Estate Buyers Realty Home Value 74