Appraisal Buzz

JANUARY 8, 2025

According to new Zillow research, Buffalo, New York, is projected to be the hottest major housing market in 2025. What should be the most competitive markets for buyers this year share two characteristics: relative affordability and a dearth of available homes. This is the first time a market has held the title for consecutive years.

Buyers 370

Buyers Sellers Home Value Construction 370

Appraisal Buzz

JANUARY 3, 2025

According to Zillows estimate, a prediction of gradually falling mortgage rates in 2025 portends modest growth in both sales and home price appreciation. The second half of this years home saleswas boosted by a September decline in interest rates; Zillow projects 4.06 By 2025, that figure ought to increase somewhat to 4.16

New Listings 396

New Listings Inventory Buyers Inspection 396

Appraisal Buzz

MARCH 4, 2025

But, its important to remember that new building contributes to the overall rise in market value. Albany, New York Top 10 Metros w/ the Fastest Growing Total Home Value (2024) Rank Metro % Growth YoY $ Growth YoY Total Metro Home Value 1 Albany, NY 11.3% $11.2B $110.6B trillion, Gen Xers home values rose 4.6%

Home Value 243

Home Value Housing Market Buyers Marketing 243

Housing Wire

JANUARY 16, 2025

Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. According to the most recent data from the S&P CoreLogic Case-Shiller Home Price Index, U.S. home prices rose by 3.6% year over year in October 2024.

Appraisal 397

Appraisal Valuation Home Value Housing Market 397

Appraisal Buzz

JANUARY 2, 2025

home values had an annual growth of 3.6%a Lisa Sturtevant, Chief Economist at Bright MLS, also commented on the S&P CoreLogic Case-Shiller Home Price Indexs release and had this to say: The S&P CoreLogic Case-Shiller Home Price Index showed that home prices rose again in October. last month).

Inventory 359

Inventory Buyers Home Value Housing Market 359

Appraisal Buzz

NOVEMBER 13, 2024

Mike Blair, EVP & COO, LoanCare As LoanCare envisions the mortgage servicing industry evolving in 2025, several key themes emerge that will shape our strategy and adaptability in meeting upcoming challenges. Providing guidance and support during this process will be crucial for servicers in 2025.

Mortgage 410

Mortgage Technology Clients Tools 410

Appraisal Buzz

MARCH 3, 2025

of the total value of properties in Los Angeles County. So far in 2025, about 100 homes have been listed for sale within the Eaton and Palisades fire boundaries. of active for-sale home listings so far this year. The Los Angeles County median home value currently stands at approximately $870,500.

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Insurance Real Estate Housing Market Mortgage 341

Appraisal Buzz

OCTOBER 18, 2024

Builders improved outlook is likely due to the beginning of the Fed’s easing cycle and expectations of lower interest rates in 2025.” home value is $359,892, up 2.7% over the past year, which may further cause affordability issues for potential home buyers. A year ago at this time, the 30-year FRM averaged 7.63

Construction 418

Construction Housing Market Inventory Home Value 418

Appraisal Buzz

JANUARY 22, 2025

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. In the meantime, owned home value growth has leveled out at 2.6%

Inventory 370

Inventory Home Value Tenants Property Management 370

Appraisal Buzz

NOVEMBER 15, 2024

39% of respondents who stated they are not likely to apply for a home equity line of credit (HELOC) or home equity loan (HE Loan) in the near future stated they still view the current borrowing environment as challenging, which is consistent with data from 2023, even though the Federal Reserve is anticipated to continue rate cuts into 2025.

Renovations 370

Renovations Lending Investing Home Improvement 370

Appraisal Buzz

JANUARY 23, 2025

The downward investment-return trend continued despite the median national home price rising 5% to another annual record of $350,000. Margins fell back as the increase in home values failed to keep up with larger price spikes recent sellers had been paying when they originally bought their homes.

Sellers 395

Sellers Investing Housing Market Home Value 395

Appraisal Buzz

FEBRUARY 7, 2025

Following a modest decline last month for the first time since July, the Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index (HPSI) rose 0.3 points in January to 73.4. The lower optimism toward the mortgage rate outlook was largely expected, as rates have continued to stay elevated and even crossed the 7% threshold in mid-January.

Mortgage 394

Mortgage Home Value Appraisal Marketing 394

Appraisal Buzz

FEBRUARY 13, 2025

This keeps happening as rising values and tight supplies of homes for sale push many buyers on limited budgets into areas they may not have considered a few years ago. 2025 Forecast: Whats to Come? The post Q4 Zoning Laws Weighing on Home Values first appeared on The MortgagePoint.

Home Value 150

Home Value Law Housing Market Design 150

Appraisal Buzz

JULY 16, 2024

And while the FRM has dipped slightly heading into June, Zillow reports the average United States home value currently at $363,438, up 3.8% A median-income household can afford mortgage payments when buying a typical home in just 11 of 50 major U.S. Home values held steady in New Orleans and Denver.

Home Value 397

Home Value Inventory Buyers Sellers 397

Lamacchia Realty

NOVEMBER 27, 2024

2025 Loan Limits Increase by $40,000 The FHFA announced yesterday that in 2025, the conforming loan limits will rise by $40,000 to $806,500 compared to $766,550 in 2024 for single-family/one-unit properties. This is the base number, as higher-priced homes and regions will have higher limits based on average home prices in the area.

Realty 65

Realty Home Value Government Inventory 65

Appraisal Buzz

JUNE 12, 2024

May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. Home values are up from year-ago levels in 46 of the 50 largest metro areas. Home values are down from year-ago levels in three major metro areas. through May 2025.

Sellers 397

Sellers Buyers New Listings Home Value 397

Appraisal Buzz

OCTOBER 2, 2024

home prices will slow down to 2.3% in August 2025. Miami experienced the largest year-over-year home price increase of the country’s 10 featured metro areas in August, at 8.9%. gain in both February and March of this year, even as home values continued to reach new highs. growth, Chicago had the next-highest gain.

Home Value 435

Home Value Business Mortgage Marketing 435

Eppraisal

NOVEMBER 5, 2024

One of the most effective strategies for increasing a home's appeal and ultimately its price tag is through smart remodeling. As we head into 2025, several key trends are emerging that will impact home value and attract buyers seeking modern and desirable features.

Home Value 36

Home Value Renovations Modernization Buyers 36

Appraisal Buzz

SEPTEMBER 13, 2024

Considering the first quarter of the 2024 book of mortgages, 105,000 homes would regain equity if home prices increased by 5%, whereas 139,000 homes would become underwater if home values declined by 5%. According to the CoreLogic HPI Forecast, between June 2024 and June 2025, home prices will rise by 2.3%.

Home Value 397

Home Value Mortgage Insurance Appraisal 397

Housing Wire

DECEMBER 13, 2023

in 2025, indicating four more 25 bps cuts. If rates come down too much (and mortgage rates follow), we’ll see the current supply-demand imbalance exacerbated as pent-up demand gets released into an undersupplied market, putting upward pressure on home values–and inflation. What does this mean for mortgage rates? “If

Inventory 488

Inventory Housing Market Mortgage Law 488

Appraisal Buzz

SEPTEMBER 5, 2024

elementor-widget-text-editor.elementor-drop-cap-letter{display:inline-block} The latest Fannie Mae Home Price Expectations Survey (HPES) , produced in partnership with Pulsenomics, examining third quarter 2024 data, has found that following home price growth of 6.0% in 2023, an annual national home price growth of 4.7%

Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

FEBRUARY 3, 2025

. “We’re thrilled to work with the experts at Ownwell and, based on our testing last year, we expect to save homeowners millions of dollars from incorrect appraisals in 2025.” ” Over-assessed homes are likely to lead to higher property taxes, according to Ownwell. And aftermath is costly for homeowners.

Property Taxes 290

Property Taxes Home Value Market Value Technology 290

Housing Wire

DECEMBER 6, 2024

Share these with your database on rotation throughout the year. Show off your local expertise by breaking down this information on a local level.

Real Estate 397

Real Estate Clients Tools Sellers 397

Lamacchia Realty

FEBRUARY 25, 2025

January 2025 New Hampshire Housing Report NEW HAMPSHIRE Home Sales Down, Average Price Up Home sales are down 1.3% year over year, with January 2025 at 955 compared to 968 last January. Sales are down for Single-family homes and condos, but up for multi-family homes. Planning to sell in 2025?

HOA 37

HOA Real Estate Home Value Sellers 37

Lamacchia Realty

DECEMBER 24, 2024

Lets turn your homeownership dreams into reality in 2025! In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Great news for homebuyers !

Real Estate 68

Real Estate Home Value Sellers Buyers 68

Lamacchia Realty

DECEMBER 24, 2024

Lets turn your homeownership dreams into reality in 2025! In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Great news for homebuyers !

Real Estate 68

Real Estate Sellers Home Value Inventory 68

Lamacchia Realty

DECEMBER 24, 2024

Lets turn your homeownership dreams into reality in 2025! In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Great news for homebuyers !

Real Estate 68

Real Estate Sellers Home Value Buyers 68

Lamacchia Realty

DECEMBER 24, 2024

Lets turn your homeownership dreams into reality in 2025! In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Great news for homebuyers !

Real Estate 69

Real Estate Home Value Sellers Buyers 69

Lamacchia Realty

DECEMBER 24, 2024

In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Instant Home Evaluation See immediately how this market is impacting your home value. Great news for homebuyers !

Real Estate 68

Real Estate Home Value Buyers Sellers 68

Lamacchia Realty

FEBRUARY 17, 2025

January 2025 Massachusetts Housing Report MASSACHUSETTS Home Sales Up, Average Price Up Home sales are up 12% year-over-year, with January 2025 at 4,209 compared to 3,757 last January. Prices increased for single and multi-family homes but decreased for condos. Thinking about selling in 2025?

HOA 58

HOA Real Estate Home Value Buyers 58

Lamacchia Realty

FEBRUARY 24, 2025

January 2025 SOUTH FLORIDA Housing Report SOUTH FLORIDA Home Sales Down, Average Price Up Home sales are down 0.7% year over year, with Janaury 2025 at 4,388 compared to 4,420 last January. Sales are up for single-fmaily homes and down for Condos. Thinking about selling in 2025?

Real Estate 61

Real Estate Sellers Buyers Home Value 61

Lamacchia Realty

DECEMBER 24, 2024

Lets turn your homeownership dreams into reality in 2025! In 2025, the FHFA is increasing the conforming loan limit to $806,500up $40,000 from 2024. This change helps buyers access higher loan amounts to keep pace with rising home values. Great news for homebuyers !

Real Estate 66

Real Estate Home Value Sellers Buyers 66

Lamacchia Realty

FEBRUARY 17, 2025

January 2025 Maine Housing Report MAINE Home Sales Up, Average Price Up Home sales are up 15.1% Single families: 753 (2024) | 852 (2025) Condominiums: 89 (2024) | 129 (2025) Multi-families: 72 (2024) | 71 (2025) Average sale price increased 4.2% Planning to sell in 2025?

HOA 48

HOA Real Estate Home Value Sellers 48

Lamacchia Realty

FEBRUARY 17, 2025

January 2025 Rhode Island Housing Report RHODE ISLAND Home Sales Up, Average Price Up Home sales are up 71% year over year, with January 2025 at 691 compared to 645 last January. Sales are up for single-family homes and condos, and down for multi-family homes. Thinking about selling in 2025?

HOA 42

HOA Home Value Real Estate Buyers 42

Listing Spark

DECEMBER 30, 2024

The Texas housing market has been a focal point of attention for potential buyers and sellers alike, especially as we approach 2025. The shifting dynamics within this local real estate landscape raise critical questions about home prices, inventory levels, and overall market trends. Should You Sell Your Home in Texas Now?

Housing Market 69

Housing Market Marketing Sellers Real Estate Agent 69

Lamacchia Realty

FEBRUARY 17, 2025

January 2025 Connecticut Housing Report CONNECTICUT Home Sales Up, Average Price Up Home sales are up 6.7% year over year, with January 2025 at 1,679 compared to 1,598 last January. 2025: 2,623 2024: 2,385 2023: 2,487 Pending Home Sales: The number of homes placed under contract is up by 11.4%

HOA 38

HOA Real Estate Home Value Sellers 38

Listing Spark

JANUARY 5, 2025

Comparative market analysis (CMA) : Conducting a CMA can help determine the fair market value of the home by comparing it to similar properties in the local real estate market. Repair estimates : Obtaining repair estimates for any known defects or issues can help determine the homes value.

Inspection 36

Inspection Sellers Real Estate Agent Contracts 36