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As the housingmarket grows more competitive, rental scams are adding financial and emotional strain to renters nationwide. The post More Renters Fearing Scams in Tight HousingMarket first appeared on The MortgagePoint. The post More Renters Fearing Scams in Tight HousingMarket appeared first on Appraisal Buzz.
Despite their potential to draw in vandalism and spread community blight, zombie foreclosures continue to have little to no effect on the majority of local housingmarkets. That phenomena is still one of the many long-lasting consequences of the 13-year-old housingmarket bubble that has occurred across the country.
ATTOM has released its latest Special Housing Risk Report , spotlighting county-level housingmarkets around the nation that are more or less vulnerable to declines, based on home affordability, equity, and other measures in Q4 2024. HousingMarkets Are Most At-Risk? appeared first on Appraisal Buzz.
A Growing Market Force With increasing education levels, rising incomes, and financial discipline, single women are proving to be a resilient and growing force in the housingmarket. housing trends. The post Single Women Defying HousingMarket Trends first appeared on The MortgagePoint.
If youre thinking about buying or selling a house and wondering about the housingmarket, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! Is It a Buyers Market?
ATTOM has released its latest Special HousingMarket Impact Risk Report , a study examining county-level housingmarkets around the U.S. The report shows that California, New Jersey, and Illinois once again had high concentrations of the most-at-risk markets in the country, with parts of Florida also joining that mix.
What happens to the housingmarket after a presidential election year? Does the market really heat up like people say? UPCOMING SPEAKING GIGS: 11/19/24 Downtown Regional MLS Meeting Q&A 9am 11/20/24 […] The post The housingmarket after a presidential election first appeared on Sacramento Appraisal Blog.
Realtor.com has revealed its Top HousingMarkets for 2025 , highlighting the areas ready for growth in the year ahead. Combined with moderate price points in the top markets, these programs are helping make homeownership accessible to more families. Click here for more on Realtor.coms Top HousingMarkets for 2025.
In its 2025 Industry Survey , Redfin dug deeper into how real estate agents view their careers, the housingmarket, and other hot-button industry issues. The post Industry Survey Gauges Real Estate Agents HousingMarket, Career Sentiment first appeared on The MortgagePoint.
As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisalmarket is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. Career Institute.
Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East Coast and Midwest states in which CSS operates, appraisals were higher than sale prices in 57% of transactions during the second half of 2024.
Zillow is predicting a more active housingmarket in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. Zillow is forecasting that housingmarket activity will pick up in 2025 – but the big wildcard is mortgage rates, which will remain unpredictable.
Zillow anticipates a more active housingmarket with more buyers obtaining the upper hand in 2025. The post HousingMarket Forecast: Unpredictable Mortgage Rates to Shake Up 2025 first appeared on The MortgagePoint. As 2025 draws near, mortgage rates are once again in the news.
In over half of the Opportunity Zones examined, median prices rose by more than 10 percent a year as the country’s protracted housingmarket bubble persisted. Regardless matter whether the housingmarket has experienced a sharp upturn, a slight improvement, or a slight decline, that pattern has persisted.
As Baby Boomers age out of their homes, will it help create enough inventory to boost the housingmarket? As per a recent report from Zillow , it all depends on the specific housingmarket. Louis (19%) and New Orleans (18%).
We are definitely seeing signs of seasonality, but the market isn’t blazing hot either. Historically, the housingmarket really picks up in March, so let’s talk about that (and touch base on condos).
Consumer confidence in the housingmarket improved significantly in November, rising to a score of 75.0 Fortunately, a sharply growing share The post Consumers Had a Rosier View of the HousingMarket in November appeared first on Appraisal Buzz. on the Fannie Mae Home Purchase Sentiment Index.
It’s great news that 2024 performed better than the 2023 housingmarket. UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel free Zoom event (REGISTER FOR WEDNESDAY) 1/16/25 Sac Real Producers […] The post The 2024 housingmarket was better than 2023 first appeared on Sacramento Appraisal Blog.
The housingmarket is heating up, but it’s not blazing hot. UPCOMING SPEAKING GIGS: 1/31/25 Prime Real Estate […] The post The housingmarket is warm. UPCOMING SPEAKING GIGS: 1/31/25 Prime Real Estate […] The post The housingmarket is warm. first appeared on Sacramento Appraisal Blog.
Wildfires Are Impacting the HousingMarket first appeared on The MortgagePoint. Wildfires Are Impacting the HousingMarket first appeared on Appraisal Buzz. Click here for more on Redfins analysis of home sales after the Los Angeles wildfires. The post How L.A.s The post How L.A.s
Hal welcomes back Kenon Chen, EVP of Strategy and Growth at Clear Capital, to dive into the latest changes from the FHFA that are set to shake up the appraisal industry. Kenon breaks down the new policies and explains what these changes mean for appraisers, many of whom are feeling uncertain about the future.
What can we expect ahead for the housingmarket? Today, I have three quick points, and while these visuals are specific to my area, some of the language use can be used in many different markets. This is my last blog post of 2024.
The post Time to Get Away: The Most Desired Vacation HousingMarkets first appeared on The MortgagePoint. The post Time to Get Away: The Most Desired Vacation HousingMarkets appeared first on Appraisal Buzz. To view the complete report for more data, charts, and methodology, click here.
What words are you using to describe the market right now? Let’s talk […] The post Why Im calling the housingmarket flat first appeared on Sacramento Appraisal Blog. And it’s not just me because the overwhelming feedback from real estate agents and homeowners is that prices have really leveled off.
To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. These methods provide a solid foundation for demonstrating how changing market conditions affect property values over time.
The post Consumers Feeling Better About HousingMarket Despite High Home Prices first appeared on The MortgagePoint. The post Consumers Feeling Better About HousingMarket Despite High Home Prices appeared first on Appraisal Buzz.
The housingmarket has 80s vibes. The 90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright & Mike Gobbi Event 9am (on […] The post The housingmarket has 80s vibes first appeared on Sacramento Appraisal Blog.
That’s the last question I ask when finishing an appraisal, and I want to walk you through what that looks like. UPCOMING SPEAKING GIGS: 4/2/25 SAFE Credit Union Coffee Talk (RSVP here) 4/10/25 […] The post The last question I ask during an appraisal first appeared on Sacramento Appraisal Blog.
Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA). Garber added that the most pressing concern for appraisers remains the resolution of fair housing claims by the U.S. Department of Housing and Urban Development (HUD).
Appraisers often find themselves in a wide variety of settings and situations. The tenant seemed genuinely nice and welcoming outside and even went as far as letting me interact with his friendly dog, which always makes an appraisal better for me. The first situation occurred in a smaller rural community.
That’s a really good way to describe the housingmarket lately in many areas across the country. UPCOMING SPEAKING GIGS: 11/7/2024 Think Like an Appraiser (3 hours) TBA 11/19/24 Downtown […] The post Flat prices & the insurance mess first appeared on Sacramento Appraisal Blog. Prices have been pretty flat.
“Let’s not mistake correlation for causation,” said researcher and Deputy Chief Economist for First American Financial Corporation Odeta Kushi , who publishes quarterly analyses of housingmarket data and trends. A housing recession does not necessarily kick things off.”
Consumer confidence in the housingmarket increased in October, reaching its highest level since February 2022, according to Fannie Mae’s Home Purchase Sentiment Index. The share of consumers who think it’s a good time to buy a home increased to 20%, while the share who think it’s a good time to sell a home declined to 64%.
Condos are struggling, and they’re really having a moment in today’s housingmarket. Be sure to read my closing thoughts about housing doom and hot pockets too. Let’s talk about what’s going on with volume, supply, and prices.
Using factors like market stability, long-term growth, affordability, and market fluidity, this guide highlights housingmarkets expected to perform well in 2024. The Best States for Homebuyers in 2024 ConsumerAffairs analysis ranks states with strong market resilience, potential for value appreciation, and affordability.
Housingmarkets continue to be primed for a stronger spring homebuying season, boosted by more housing supply and slower home-price growth.” In a separate statement, Selma Hepp, chief economist for CoreLogic , says the rate cut is “unlikely to herald in much of a change for the housingmarket.”
Whats the housingmarket going to do in 2025? UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel Event (free online (register Eventbrite)) 1/16/25 Sac Real Producers event (details TBA) 1/22/25 Windermere El Dorado […] The post Real estate trends to watch in 2025 first appeared on Sacramento Appraisal Blog. Anything to add?
With mortgage rates forecast to remain above 6%, inventory expected to remain tight, and home prices predicted to stabilize at their current highs, its looking like the housingmarket wont see much of a thaw in 2025, Fannie Maes Economic and Strategic Research (ESR) Group says in a recent report.
According to the opinions of LendingTree staff writer Jacob Channel, with steep housing costs, some Americans may recall the dramatic price surges of the early to mid-2000s, which preceded the Great Recession of 2007-2009. HousingMarket Stability: Foreclosure Trends first appeared on The MortgagePoint. The post U.S.
housingmarket is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 Millennials driving market expansion Millennials are emerging as key players in the housingmarket, with the total value of homes owned by this generation rising 21.5% As the U.S.
The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics.
Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housingmarket is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housingmarket nationwide as of Feb.
“FHFA’s new data resource on manufactured homes provides relevant, up-to-date information on an important but less-understood segment of the housingmarket,” said FHFA Director Sandra L. In a housingmarket with elevated home prices, manufactured housing remains an affordable option. Thompson. “In
housingmarket is experiencing significant variability, with some cities seeing homes fly off the market while others are witnessing prolonged delays. As of July 2024, the average home spends 35 days on the market, but this figure varies widely depending on the location.
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