Appraisal Buzz

SEPTEMBER 5, 2024

The panel’s latest estimates of national home price growth are higher than last quarter’s expectations of 4.3% Terry Loebs , Founder of Pulsenomics, said: “Despite robust home value growth in the first half of 2024, our panelists anticipate a slowdown in price appreciation for the remainder of the year and beyond. in mid-2022.

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Construction Inventory Housing Market Contracts 459

Housing Wire

JANUARY 9, 2023

Both pose threats to access to capital, the cost of materials and labor, and future housing values. The National Association of Home Builders (NAHB) also recognizes the potential of the build-for-rent (BFR) sector. Housing starts as of November 2022 were “down 32% since February , when mortgage rates began to rise,” NAHB reports.

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Housing Market Marketing Construction Development 545

Housing Wire

JUNE 21, 2022

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion in title insurance premium volume during the first quarter of 2022, compared to $5.68 million during the first quarter of 2022, while operating expense were up 40% year over year.

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Insurance Home Value Contracts Marketing 321

Housing Wire

JULY 19, 2022

However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors. Their research shows the U.S.

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Mortgage Loan Officers Technology Real Estate 448

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . trillion — down by 15% compared with 2022. And 2022 was off by some 17% from 2021.

Marketing 448

Marketing Investing Investors Landlords 448

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Even clients with homes priced over $1 million have seen up to five offers this year, she said.

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Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

DECEMBER 1, 2022

.” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.” Single-family home sales are projected to drop to 4.42 Home values were down modestly, but rents were up again. million in 2023 from 5.67 trillion from $2.34

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Housing Market Marketing Construction Inventory 370

Housing Wire

JULY 25, 2022

Fannie Mae ’s Economic and Strategic Research Group also released a recent report that projects year-over-year growth in home-price appreciation for 2022 will reach 16%. Freddie Mac projects that home-price growth will average 12.8% in 2022 but will drop to 4% in 2023. By comparison, home-price growth was 17.8%

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Housing Market Marketing Supply Chain Real Estate 418

The Robert Weiler Company

SEPTEMBER 7, 2022

Data through the first half of 2022 has been tallied on Ohio land for sale. All indicators show an extremely positive trend that will likely continue through the rest of 2022 and beyond. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Homes sales reached 14,210 in May 2022, a 1.8%

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Marketing Real Estate Investing Retail 78

Housing Wire

OCTOBER 9, 2023

2022 Real Estate Broker Renewal Application” [link] Illinois Realtors, Start Your Career in Real Estate. Requirements for Real Estate License Renewals in 2022.” Requirements for Real Estate License Renewals in 2022” Illinois Department of Financial and Professional Regulation. Illinois Home Values” [link]

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Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. Ohio Home Values” [link] Indeed.com. The Average Ohio Real Estate Commission in 2022” [link] FastExpert.

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Real Estate Real Estate Agent Brokerage Agents 459

Lamacchia Realty

DECEMBER 24, 2024

Single families: $898,269 (2023) | $991,574 (2024) Condos & Townhomes: $519,419 (2023) | $521,826 (2024) Homes Listed For Sale in South Florida: T he number of homes listed is up by 5.4% 2024: 9,931 2023: 9,425 2022: 8,371 Pending Home Sales in South Florida: The number of homes placed under contract is down by 4.1%

Real Estate 50

Real Estate Home Value Buyers Sellers 50

Lamacchia Realty

DECEMBER 24, 2024

Single families: $698,107 (2023) | $728,237 (2024) Condominiums: $608,752 (2023) | $652,668 (2024) Multi-families: $658,276 (2023) | $776,132 (2024) Homes Listed For Sale: T he number of homes listed is down by 13% when compared to November 2023. Instant Home Evaluation See immediately how this market is impacting your home value.

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Real Estate Home Value Sellers Buyers 52

Lamacchia Realty

JUNE 20, 2023

compared to May 2022, would-be sellers are concerned about jumping into the market. 2023: 8,287 2022: 10,143 2021: 9,913 Pending Home Sales: The number of homes placed under contract is down by 19.6% when compared to May 2022. when compared to May 2022. when compared to May 2022.

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Sellers Real Estate Realty Home Value 60

Lamacchia Realty

OCTOBER 25, 2024

Single families: $954,233 (2023) | $955,546 (2024) Condos & Townhomes: $477,882 (2023) | $501,839 (2024) Homes Listed For Sale in South Florida: T he number of homes listed is up by 3.6% 2024: 10,013 2023: 9,667 2022: 9,054 Pending Home Sales in South Florida: The number of homes placed under contract is down by 12.1%

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Real Estate Sellers Buyers Realty 58

Lamacchia Realty

SEPTEMBER 22, 2023

compared to August 2022, would-be sellers are concerned about jumping into the market. 2023: 6,344 2022: 7,078 2021: 8,891 Pending Home Sales: The number of homes placed under contract is down by 21.5% when compared to August 2022. when compared to August 2022. when compared to August 2022.

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Real Estate Sellers Realty Home Value 58

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: 3,632 (2022) | 2,781 (2023) Condominiums: 958 (2022) | 792 (2023) Combined average prices have increased by 10.8% 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%

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Real Estate Sellers Realty Home Value 55

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%

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Real Estate Home Value Sellers Buyers 48

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: 1,671 (2022) | 1,295 (2023) Condominiums: 469 (2022) | 418 (2023) Multi-families: 88 (2022) | 60 (2023) The combined average price increased by 9.9% when compared to August 2022. when compared to August 2022. when compared to August 2022. when compared to last August , now at $544,508.

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Real Estate Sellers Realty Home Value 54

Lamacchia Realty

FEBRUARY 22, 2023

It’ll likely be summer when we finally see home sale numbers get closer to last year’s as the beginning of 2022 exhibited sales numbers too high for 2023 to compete with. Most will either renovate or expand their homes rather than sell. when compared to January 2022. NEW HAMPSHIRE Home Sales Down 30.7%

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Real Estate Sellers Contracts Buyers 66

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%

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Real Estate Sellers Home Value Buyers 47

Lamacchia Realty

DECEMBER 24, 2024

Single families: $477,564 (2023) | $482,958 (2024) Condominiums: $490,973 (2023) | $497,329 (2024) Multi-families: $472,635 (2023) | $543,962 (2024) Homes Listed For Sale: T he number of homes listed is down by 7% when compared to November 2023. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 47

Real Estate Sellers Home Value Inventory 47

Lamacchia Realty

MAY 22, 2023

when compared to April 2022 , as would-be sellers are concerned about jumping into the market. 2023: 6,620 2022: 9,338 2021: 10,833 Pending Home Sales: The number of homes placed under contract is down by 24.4% when compared to April 2022. when compared to April 2022.

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Sellers Real Estate Realty Home Value 52

Lamacchia Realty

JUNE 20, 2023

Single families: 2,958 (2022) | 2,271 (2023) Condominiums: 890 (2022) | 665 (2023) Combined average prices have increased by 11.1% 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%

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Real Estate Sellers Realty Home Value 51

Appraisal Today

AUGUST 30, 2024

AI Appraisals: Embracing the Future Appraisal 5 Enormous Mansions, With Wildly Different Architectural Styles—Priced at Under a Million Bucks Is appraisal accuracy measured by contract price? Again, I ask, does contract price equal market value? Further, should contract price be the metric by which appraisal values are measured?

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Appraisal Contracts Architecture Mortgage 76

Lamacchia Realty

MAY 22, 2023

Single families: 952 (2022) | 715 (2023) Condominiums: 351 (2022) | 274 (2023) Multi-families: 111 (2022) | 61 (2023) The average price increased by 8.9% when compared to April 2022. when compared to April 2022. when compared to April 2022. Sales are down across all categories.

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Real Estate Sellers Realty Home Value 47

Lamacchia Realty

JUNE 20, 2023

Single families: 1,235 (2022) | 963 (2023) Condominiums: 429 (2022) | 326 (2023) Multi-families: 120 (2022) | 82 (2023) The combined average price increased by 7.4% when compared to May 2022. when compared to May 2022. when compared to May 2022. when compared to last May , now at $528,981.

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Real Estate Sellers Realty Home Value 47

Lamacchia Realty

MAY 22, 2023

Single families: 2,570 (2022) | 1,809 (2023) Condominiums: 819 (2022) | 563 (2023) Average prices have increased by 5.7% Single families: $548,071 (2022) | $569,645 (2023) Condominiums: $272,380 (2022) | $312,982 (2023) Homes Listed For Sale: T he number of homes listed is down by 31.6%

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Real Estate Sellers Realty Home Value 46

Lamacchia Realty

OCTOBER 25, 2024

Single families: $707,730 (2023) | $738,731(2024) Condominiums: $626,077 (2023) | $643,949 (2024) Multi-families: $707,288 (2023) | $747,450 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.0% 2024: 8,579 2023: 7,330 2022: 8,372 Pending Home Sales: The number of homes placed under contract is up by 12.2%

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Sellers Real Estate Buyers Inventory 59

Lamacchia Realty

SEPTEMBER 25, 2024

Single families: $736,271 (2023) | $776,757 (2024) Condominiums: $664,284 (2023) | $670,262 (2024) Multi-families: $673,387 (2023) | $705,827 (2024) Homes Listed For Sale: T he number of homes listed is down by 5.3% 2024: 5,989 2023: 6,325 2022: 7,078 Pending Home Sales: The number of homes placed under contract is down by 0.9%

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Real Estate Sellers Buyers Housing Market 56

Lamacchia Realty

DECEMBER 24, 2024

Single families: $553,944 (2023) | $597,105 (2024) Condominiums: $324,844 (2023) | $348,070 (2024) Homes Listed For Sale: T he number of homes listed is down by 8% when compared to November 2023. 2024: 2,536 2023: 2,756 2022: 2,616 Pending Home Sales: The number of homes placed under contract is up by 7.5%

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Real Estate Home Value Sellers Buyers 44

Lamacchia Realty

MARCH 28, 2023

Single families: 2,593 (2022) | 2,040 (2023) Condominiums: 1,212 (2022) | 1,018 (2023) Multi-families: 532 (2022) | 289 (2023) Average prices have continued their rise with another year-over-year increase of 2.4%, now at $597,630. when compared to February 2022. when compared to February 2022.

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Sellers Inventory Buyers Real Estate 64

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

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Real Estate Agents Real Estate Agent Marketing 69

Lamacchia Realty

APRIL 24, 2023

The housing market experienced unparalleled activity in 2022, but this level of activity was not sustainable which is why we are now experiencing an over-correction in the market. As such, despite a recent uptick in activity, home sales will likely remain lower than 2022 levels for the next several months.

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Sellers Buyers Inventory Real Estate 57

Lamacchia Realty

DECEMBER 19, 2023

Single families: 3,813 (2022) | 3,447 (2023) Condominiums: 1,662 (2022) | 1,487 (2023) Multi-families: 603 (2022) | 463 (2023) Average sales price increased 4.5% year-over-year, now at $669,783 compared to $640,766 in November 2022. In Massachusetts, home sales are down yet again in November 2023 by 11.2%.

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Real Estate Sellers Buyers Realtors 58

Lamacchia Realty

NOVEMBER 27, 2023

Single families: 4,193 (2022) | 3,515 (2023) Condominiums: 1,727 (2022) | 1,562 (2023) Multi-families: 633 (2022) | 536 (2023) Average sales price increased 6.9% year-over-year, now at $677,655 compared to $633,905 in October 2022. when compared to October 2022. when compared to October 2022.

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Sellers Real Estate Buyers Inventory 60

Lamacchia Realty

APRIL 24, 2023

Massachusetts home sales are down yet again compared to this time last year. In 2022, we saw an unprecedented housing market, but that level of activity was unsustainable and, accordingly, we are now in a period of over-correction. when compared to March 2022. when compared to March 2022. when compared to March 2022.

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Sellers Buyers Inventory Real Estate 57