Remove 2024 Remove Home Value Remove Sellers
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Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. Rate lock’s hold seems to be loosening—homeowners who may have put off listing their homes are done waiting. Home values are up from year-ago levels in 46 of the 50 largest metro areas. in April to 0.8%

Sellers 398
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RealScout launches seller lead nurture features

Housing Wire

Our customers for many years have said, ‘I also work with sellers, can we nurture them as well?’” According to Flachner, despite initial hesitancy for fear of biting off more than they could chew, RealScout began “peeling back the layers of the onion on seller nurture.”

Sellers 299
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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

While the central bank did not completely rule out the possibility of a rate increase in 2024, that action seems unlikely. by the end of 2024, suggesting three 25 basis points (bps) cuts from current levels. These cuts will allow mortgage rates to fall faster throughout 2024. in 2025, indicating four more 25 bps cuts. “The

Inventory 474
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U.S. Housing Stock on the Rise

Appraisal Buzz

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Home Seller Profit Margins Slide in Q3

Appraisal Buzz

ATTOM has released its Q3 2024 U.S. Home Sales Report , which shows that homeowners earned a 55.6% profit margin on typical single-family home and condo sales. That figure was down by small amounts both quarterly and annually, dipping by one percentage point from Q2 of 2024 and two points from Q3 of last year.

Sellers 222
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Homebuyers No Longer Spooked by Market Conditions

Appraisal Buzz

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%

Marketing 419
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A key home price metric has skyrocketed since 2019

Housing Wire

home values is growing faster that the more commonly viewed metric of listing price. during the five-year period ending in May 2024. By comparison, the national median list price for a home jumped 37.5% from May 2019 to May 2024. A report released Wednesday by Realtor.com shows that a key measurement of U.S.

Agents 441