Housing Wire

MARCH 9, 2022

Despite this decrease, some markets such as Los Angeles and New York, still saw housing wealth rise due to increasing home prices. ” Nationwide, the median single-family existing-home sales price rose at an annual pace of 8.3% ” Nationwide, the median single-family existing-home sales price rose at an annual pace of 8.3%

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Home Value Realtors Marketing Inventory 468

Housing Wire

JANUARY 24, 2023

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. If the home value appreciates, customers get to keep the difference. The lender originated $14.9

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Tenants Loan Officers Finance Clients 397

Housing Wire

NOVEMBER 19, 2024

This mortgage-free cohort “represents almost 40% of American homeowners and includes anyone wealthy enough to not need home financing at all, as well as people who have lived in their property long enough to have paid down most of their mortgage or cleared it entirely,” the report explained. homeowners. There was an estimated 3.97% (or $624.6

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Home Value Mortgage Sellers Finance 418

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. Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022.

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Housing Market Marketing Inventory Sellers 459

Appraisal Buzz

OCTOBER 3, 2024

Following the Federal Reserve ‘s 50 basis point reduction in the jumbo rate in September, mortgage rates significant fell to a 24-month low, prompting sellers to move. The Realtor.com 2024 September Housing Report states that actively listed properties increased by 34.0%, while newly listed homes increased by 11.6% fall in August 2024.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

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Clients Agents Buyers Sellers 459

Housing Wire

JANUARY 2, 2023

These declines, of course, came after very strong price increases in late 2021 and the first half of 2022,” Craig Lazzara, the managing director of S&P DJI , said in a statement. In September , the index recorded a year-over-year increase of 10.7%. Month over month, the U.S. National Index was down 0.5%.

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Home Value Housing Market Contracts Sellers 418

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.

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Housing Market Finance Marketing Mortgage 397

Housing Wire

MAY 24, 2023

This homebuying season – and year-round – industry professionals must do their part to ensure home buyers understand the threat of real estate wire fraud and how they can protect themselves. As home values rise, so do the loss amounts from these scams. billion in reported losses in 2022.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

Lamacchia Realty

OCTOBER 25, 2024

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. Recent changes in regulations for townhomes and condos have caused costs to rise for current owners.

Real Estate 74

Real Estate Sellers Buyers Home Value 74

Housing Wire

DECEMBER 5, 2022

In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. In fact, while in won’t match 2020 or 2021, purchase mortgage dollar volume should be better than any year from 2002–2020. economy, especially the mortgage and housing sector.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

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.

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Housing Market Inventory Home Value Marketing 370

Housing Wire

FEBRUARY 1, 2023

Interest rates, though down slightly in recent weeks, are still double what they were at the end of 2021, and the Federal Reserve continues its monetary tightening policies to fight inflation. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in November, down from a 9.2%

Marketing 435

Marketing Government Mortgage Sellers 435

Lamacchia Realty

DECEMBER 24, 2024

In November 2024, national home sales climbed 6.1% compared to a year ago , marking the biggest year-over-year gain since June 2021. Despite this trend, South Florida saw a decrease in home sales. This change helps buyers access higher loan amounts to keep pace with rising home values.

Real Estate 69

Real Estate Home Value Buyers Sellers 69

Lamacchia Realty

DECEMBER 24, 2024

Single families: $608,389 (2023) | $628,629 (2024) Condominiums: $402,480 (2023) | $483,392 (2024) Multi-families: $528,155 (2023) | $612,108 (2024) Homes Listed For Sale: T he number of homes listed is up by 0.4% 2024: 1,086 2023: 1,082 2022: 1,173 Pending Home Sales: The number of homes placed under contract is up by 28.3%

Real Estate 69

Real Estate Sellers Home Value Buyers 69

Lamacchia Realty

DECEMBER 24, 2024

In November 2024, national home sales climbed 6.1% compared to a year ago , marking the biggest year-over-year gain since June 2021. Following this trend, Maine also saw an increase in home sales. With fewer homes being listed likely due to the busy time of year buyer demand is still driving home sales up.

Real Estate 69

Real Estate Sellers Home Value Inventory 69

Lamacchia Realty

DECEMBER 24, 2024

Single families: $558,496 (2023) | $604,560 (2024) Condominiums: $532,461 (2023) | $460,780 (2024) Multi-families: $469,320 (2023) | $540,144 (2024) Homes Listed For Sale: T he number of homes listed is down by 9.3% 2024: 1,174 2023: 1,294 2022: 1,231 Pending Home Sales: The number of homes placed under contract is up by 6.4%

Real Estate 69

Real Estate Home Value Sellers Buyers 69

Lamacchia Realty

DECEMBER 24, 2024

In November 2024, national home sales climbed 6.1% compared to a year ago , marking the biggest year-over-year gain since June 2021. Following this trend, Massachusetts also saw an increase in home sales. We’re still seeing strong buyer demand as well, and home prices and pending sales are continuing to rise.

Real Estate 69

Real Estate Home Value Sellers Buyers 69

Lamacchia Realty

DECEMBER 24, 2024

In November 2024, national home sales climbed 6.1% compared to a year ago , marking the biggest year-over-year gain since June 2021. Following this trend, Connecticut also saw an increase in home sales. Even with fewer homes being listedlikely due to the busy time of yearbuyer demand remains strong.

Real Estate 69

Real Estate Home Value Sellers Buyers 69

Appraisal Buzz

JUNE 24, 2024

Even during a period when home values are typically at their lowest, many prospective first-time buyers were unable to reach their long-term financial goal of becoming homeowners in Q1, according to the Q1 2024 First-Time Home Buyer Affordability Report from Nerdwallet.

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Buyers Advertising Inventory Home Value 273

Housing Wire

APRIL 27, 2023

And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal. KBRA reported last month that FirstKey Homes exercised a so-called “excess collateral release” [ECR] feature for a securitization deal dubbed FirstKey Homes 2021-SFR1.

Renovations 395

Renovations Investing Real Estate Marketing 395

Empire Appraisal Group

SEPTEMBER 22, 2022

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

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Home Value Real Estate Brokerage Construction 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.

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Sellers Buyers Home Value Inventory 78

Housing Wire

JULY 25, 2022

Freddie Mac projects that home-price growth will average 12.8% By comparison, home-price growth was 17.8% in 2021, Freddie Mac reports. trillion in 2021,” the agency’s quarterly forecast states. Sharp increases in mortgage rates, combined with high home prices, cooled-down demand for existing and new single-family homes.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

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. Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. to 3,626 Median Home Value: up 15.8% Houston: 1.9 last year).

Real Estate 69

Real Estate Marketing Inventory Sellers 69

Housing Wire

JULY 25, 2023

Impact on home values and sales In the meantime, real estate agents in Florida and California are concerned that the rising homeowners’ insurance costs in their states will have a negative impact on homeownership. In addition to impacting homebuyers, in Florida, Williams believes rising insurance costs may lead to lower home values.

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Insurance Housing Market Marketing Agents 370

Lamacchia Realty

JUNE 20, 2023

Single families: $748,991 (2022) | $736,501 (2023) Condominiums: $651,199 (2022) | $658,673 (2023) Multi-families: $648,629 (2022) | $671,965 (2023) Homes Listed For Sale: T he number of homes listed is down by 18.3% 2023: 7,571 2022: 9,417 2021: 10,161 Price Reductions: The number of price reductions is down 32.6%

Sellers 74

Sellers Real Estate Home Value Realty 74

Lamacchia Realty

JUNE 20, 2023

Single families: $535,219 (2022) | $595,464 (2023) Condominiums: $285,671 (2022) | $309,862 (2023) Homes Listed For Sale: T he number of homes listed is down by 26.2% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 74

Real Estate Sellers Home Value Realty 74

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. And what happens when the contract price is above the market value? Who would have predicted the events of 2020-2021? You can listen here or on my podcast at Home Value Stories. No one knows what the future holds.

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Inventory Market Value Appraisal Contracts 243

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $705,929 (2022) | $735,899 (2023) Condominiums: $593,201 (2022) | $664,637 (2023) Multi-families: $651,412 (2022) | $673,387 (2023) Homes Listed For Sale: T he number of homes listed is down by 10.4% 2023: 5,974 2022: 7,609 2021: 8,995 Price Reductions: The number of price reductions is down 26.5%

Real Estate 74

Real Estate Sellers Home Value Realty 74

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $559,314 (2022) | $621,869 (2023) Condominiums: $293,165 (2022) | $335,346 (2023) Homes Listed For Sale: T he number of homes listed is down by 14.5% when compared to July 2022.

Real Estate 74

Real Estate Sellers Home Value Realty 74

Lamacchia Realty

JUNE 20, 2023

Single families: $531,565 (2022) | $552,226 (2023) Condominiums: $390,152 (2022) | $469,511 (2023) Multi-families: $454,059 (2022) | $492,424 (2023) Homes Listed For Sale: T he number of homes listed is down by 19.4% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 73

Real Estate Sellers Home Value Realty 73

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $527,049 (2022) | $580,585 (2023) Condominiums: $393,648 (2022) | $430,978 (2023) Multi-families: $441,429 (2022) | $556,772 (2023) Homes Listed For Sale: T he number of homes listed is down by 6.7% when compared to August 2022.

Real Estate 74

Real Estate Sellers Home Value Realty 74

Lamacchia Realty

FEBRUARY 25, 2025

In this current market, increasing your homes value is more important than ever. Check out our easy ways to boost your homes worth before you list! Instant Home Evaluation See immediately how this market is impacting your home value. So far, February continues to show a declining trend.

HOA 41

HOA Real Estate Home Value Sellers 41

Lamacchia Realty

JUNE 23, 2023

Instant Home Evaluation See immediately how this market is impacting your home value. Click on the button to visit the South Florida Real Estate Updates page and never hesitate to contact us with questions.

Real Estate 74

Real Estate Sellers New Listings Home Value 74

Lamacchia Realty

MAY 22, 2023

Single families: $697,882 (2022) | $704,187 (2023) Condominiums: $653,088 (2022) | $651,446 (2023) Multi-families: $624,543 (2022) | $608,239 (2023) Homes Listed For Sale: T he number of homes listed is down by 29.1% 2023: 6,178 2022: 8,170 2021: 9,335 Price Reductions: The number of price reductions is down 41.5%

Sellers 69

Sellers Real Estate Home Value Realty 69

Lamacchia Realty

OCTOBER 25, 2024

Despite more homes being listed, prices continue to climb, indicating that it remains a seller’s market. As winter approaches, we expect buyer competition may start to slow down, leading to a rise in seller competition, which could potentially cause some price adjustments. in September and remained within the 6.1%

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Sellers Real Estate Buyers Home Value 74