Empire Appraisal Group

JULY 13, 2023

s Fastest Rising Home Values? Home values near a S. MIAMI – Home values for properties near South Florida’s expanding rapid transit rail system are appreciating faster than other homes in the region. s Fastest Rising Home Values? Bethesda, MD (301) 215-4688 Source: [link] The post S.

Home Value 78

Home Value Transportation Training Development 78

Appraisal Buzz

OCTOBER 8, 2024

Across these 50 metro areas, the vacancy rate increased somewhat from 7.22% in 2022 to 7.37% in 2023. In contrast to 2022, vacancy rates decreased in Tampa from 12.15% but increased in New Orleans and Miami from 13.88% and 12.65%. Miami, New Orleans, and Tampa, FL, have the greatest rates of vacancy. 11.81% and 12.92%, in that order.

Home Value 418

Home Value Housing Market Marketing Investors 418

Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. homes, valued at $19.7 of homes in the U.S., valued at nearly $7.7 And about 9% of homes, valued at nearly $6.6

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Tools Insurance Home Value Technology 468

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. appeared first on Lamacchia Realty.

Home Value 74

Home Value Buyers Realtors Realty 74

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. The worst homes to sell were on Timber Street.

Home Value 78

Home Value Real Estate Brokerage Construction 78

Appraisal Buzz

AUGUST 19, 2024

The record high in home prices—the median sale price nationally increased by 4% in June—has led to a record high in the percentage of American homes valued at $1 million or more. This is more than twice the 4% proportion that existed prior to the epidemic and up from 7.6% a year earlier.

Home Value 390

Home Value Luxury Properties Buyers Inspection 390

Appraisal Buzz

AUGUST 27, 2024

in mid-2022. of homeowners with mortgages have a rate below the current weekly average of 6.46%, prompting many to stay put instead of selling and buying another home at a higher rate—a phenomenon called the “lock-in effect.” in the second quarter of 2022. in the first quarter of 2022. in the first quarter of 2022.

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Real Estate Agent New Listings Home Value Mortgage 243

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

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 396

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After two years of runaway home prices, the Federal Reserve stepped in to reverse engineer rampant inflation, and it has been utilizing the housing market as one of the main economic engines to achieve its objective. in September 2022. They eased below 6.5%

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Housing Market Marketing Inventory 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. The Case-Shiller 20-city home price index posted a 8.6% In September , the index recorded a year-over-year increase of 10.7%. Month over month, the U.S.

Home Value 418

Home Value Housing Market Contracts Sellers 418

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

Finance 482

Finance Real Estate Agent Real Estate Insurance 482

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. billion in reported losses in 2022. As home values rise, so do the loss amounts from these scams.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

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

Appraisal Buzz

JULY 25, 2024

Home Sales Report , typical single-family home and condo sales in the U.S. for home sellers. The increase in price did contribute to sellers’ average raw earnings of more than $130,000. in Q2 of 2022, they were also lower in around three quarters of those localities. So did raw profits. on an annual basis.

Investing 418

Investing Sellers Marketing Home Value 418

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. In 2022 we saw this raging market hit a large bump in the road. It’s important for sellers to recognize this or the home they are selling may be overpriced and it will take longer to sell. The graph below reflects the sales volume for 2019 through 2022. Sales Volume.

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Housing Market Marketing Inventory Sellers 86

Housing Wire

OCTOBER 3, 2022

home prices seeing essentially a decade’s worth of appreciation in just two-and-a-half years,” added Ben Graboske, Black Knight’s president of Black Knight data & analytics. Home prices are beginning to fall from post-pandemic peaks but remain up 12.1% Raleigh and Nashville have all shed 3% of home value in recent months.

Inventory 529

Inventory Home Value Housing Market Mortgage 529

Quicken Loans

DECEMBER 16, 2021

In addition, home values and sales skyrocketed. Here are a few housing market predictions for 2022 to help you prepare for the market’s future. Some sought out properties that could support home offices, while others simply didn’t want to miss out on the low mortgage rates. Home Inventory Will Slowly Rise.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

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.

Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. “There are really no national indicators, anywhere in the data, that show home prices currently falling,” Mike Simonsen, president of Altos, said in a recent commentary.

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Inventory Housing Market Mortgage Law 488

Housing Wire

JANUARY 18, 2023

The brutal low origination volume and industry consolidation that occurred for lenders in 2022 isn’t expected to turn around, at least not drastically, in 2023, according to Fitch Ratings. You need a buyer and seller,” Brown said. So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise).

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Housing Market Marketing Insurance Mortgage 476

Housing Wire

FEBRUARY 6, 2023

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. December did see home values post their sixth consecutive monthly decline, and prices at the national level are now 5.3%

Inventory 397

Inventory Mortgage New Listings Home Value 397

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%

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

OCTOBER 25, 2024

Single families: $581,394 (2023) | $614,800 (2024) Condominiums: $453,973 (2023) | $477,614 (2024) Multi-families: $488,225 (2023) | $585,253 (2024) Homes Listed For Sale: T he number of homes listed is up by 7.0% 2024: 2,096 2023: 1,958 2022: 2,008 Pending Home Sales: The number of homes placed under contract is up by 13.0%

Sellers 74

Sellers Real Estate Buyers Realty 74

Lamacchia Realty

OCTOBER 25, 2024

Single families: $479,480 (2023) | $536,584 (2024) Condominiums: $454,031 (2023) | $496,432 (2024) Multi-families: $451,726 (2023) | $552,219 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.3% 2024: 2,190 2023: 2,120 2022: 2,124 Pending Home Sales: The number of homes placed under contract is down by 12.4%

Sellers 74

Sellers Real Estate Buyers Realty 74

Lamacchia Realty

OCTOBER 25, 2024

Single families: $565,508 (2023) | $601,939 (2024) Condominiums: $316,487 (2023) | $377,514 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.2% when compared to September 2023. 2024: 3,922 2023: 3,624 2022: 4,027 Pending Home Sales: The number of homes placed under contract is up by 0.3%

Sellers 73

Sellers Real Estate Buyers Inventory 73

Housing Wire

FEBRUARY 1, 2023

“It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. in 2022, the weakest showing since 2014. in November, down from a 9.2%

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Marketing Government Mortgage Sellers 435

Eppraisal

MARCH 18, 2022

According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." " In a recent fortune.com article written on February 17, 2022, Tristan Bove wrote, "The inventory of homes for sale is down 26% compared to last year, and forecasters see a rough year ahead."

Real Estate Agent 68

Real Estate Agent Real Estate Agents Sellers 68

Lamacchia Realty

OCTOBER 25, 2024

Single families: $604,300 (2023) | $677,400 (2024) Condominiums: $515,242 (2023) | $508,017 (2024) Multi-families: $468,463 (2023) | $610,896 (2024) Homes Listed For Sale: T he number of homes listed is up by 21.0% 2024: 1,553 2023: 1,283 2022: 1,495 Pending Home Sales: The number of homes placed under contract is up by 11.2%

Sellers 74

Sellers Real Estate Buyers Inventory 74

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%

Real Estate 74

Real Estate Sellers Buyers Realty 74

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%

Real Estate 74

Real Estate Sellers Buyers Housing Market 74

Raleigh Realty

AUGUST 1, 2022

Instead of showcasing your personality, consider how you can help buyers envision themselves living in your home. NAR) Among buyers’ agents, having photos (83), videos (74), and virtual tours (73) of a staged home available for their listings was more important since the beginning of the COVID-19 pandemic. (NAR)

Sellers 68

Sellers Agents Buyers Investing 68

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.

Real Estate 74

Real Estate Sellers Realty Home Value 74

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%

Real Estate 74

Real Estate Sellers Realty Home Value 74

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.

Real Estate 74

Real Estate Sellers Realty Home Value 74

Lamacchia Realty

SEPTEMBER 25, 2024

Single families: $621,832 (2023) | $644,076 (2024) Condominiums: $335,642 (2023) | $376,189 (2024) Homes Listed For Sale: T he number of homes listed is down by 0.4% when compared to August 2023. 2024: 3,653 2023: 3,667 2022: 4,311 Pending Home Sales: The number of homes placed under contract is down by 10.6%

Real Estate 74

Real Estate Sellers Buyers Housing Market 74

Lamacchia Realty

SEPTEMBER 25, 2024

Single families: $580,632 (2023) | $631,496(2024) Condominiums: $432,540 (2023) | $463,389 (2024) Multi-families: $456,772 (2023) | $679,121 (2024) Homes Listed For Sale: T he number of homes listed is up by 2.7% 2024: 2,081 2023: 2,027 2022: 2,220 Pending Home Sales: The number of homes placed under contract is down by 0.2%

Real Estate 74

Real Estate Sellers Buyers Housing Market 74