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Dear Sellers, if you’re overpriced, I have some thoughts for you today. I hope this […] The post An open letter to overpriced sellers first appeared on Sacramento Appraisal Blog. I hope this […] The post An open letter to overpriced sellers first appeared on Sacramento Appraisal Blog.
That pretty much describes sellers. But in 2024 there’s a flicker of hope as sellers have thawed out just a bit. UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright […] The post Are sellers finally starting to thaw out? first appeared on Sacramento Appraisal Blog. Any thoughts?
Dear Sellers, How are things? I hope all is well. It’s been such a crazy market, but things are starting to change. So, let’s chat. This is coming from a good place, and it’s based on observations and what I’m hearing from real estate professionals. WEBINAR ON THURSDAY: On May 19th at 10am I’ll be […].
Seeing more buyers and sellers able to participate is absolutely what we want to see. UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel free Zoom event (REGISTER FOR WEDNESDAY) 1/16/25 Sac Real Producers […] The post The 2024 housing market was better than 2023 first appeared on Sacramento Appraisal Blog. Let’ get into it.
And sellers are losing it. Buyers are gaining power. I have some new visuals to show what the market is doing right now. These are for Sacramento, but I suspect many areas look similar. UPCOMING (PUBLIC) SPEAKING GIGS: 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 Navigating […].
I’d love to share a helpful analogy for today’s housing market, let’s talk about unrealistic seller expectations, and then unpack some fresh stats. I have three things on my mind today.
There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.
Sellers have been sitting, and it’s been a game-changer for the housing market in 2023. UPCOMING (PUBLIC) SPEAKING GIGS: 8/18/23 Details TBD 8/29/23 Elk Grove Regional MLS Meeting 10/23 […] The post Dear sellers, the housing market misses you first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
Dear Sellers, How are things? I hope all is well. The housing market is so chaotic right now, so I wanted to share some thoughts and advice that I thought might help. This is coming from a good place and it’s based on observations and conversations with the real estate community. I hope this helps. […].
The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. The post Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising appeared first on Appraisal Buzz.
Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. I love the original Back to the Future movie. Do you too? Well, I can’t help but think of today’s housing market compared to the film. And some buyers are stuck in the future, […].
When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. housing market , trailing only married couples. That was only seven years after women were legally allowed to obtain a mortgage without a cosigner.
This is my last blog post of 2024. Thanks for being […] The post Three things to expect in the housing market in January first appeared on Sacramento Appraisal Blog. 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.
Sellers are hibernating. It’s been striking to see sellers sitting back so far in 2023, and it’s really starting to create more competition for buyers. Let’s talk about it. Scroll by topic or digest slowly.
Sellers have been sitting out of the housing market, and it’s made a massive difference in 2023 so far. UPCOMING (PUBLIC) SPEAKING GIGS: 5/4/23 Housing Market […] The post Sellers sitting out of the housing market & buyers getting concessions first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.
The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish. UPCOMING (PUBLIC) SPEAKING GIGS: 8/11/22 Realtist Lunch & Learn (sign up here (open to anyone)) 8/15/22 YouTube
first appeared on Sacramento Appraisal Blog. Scroll quickly by topic or digest slowly. Any thoughts? UPCOMING SPEAKING GIGS: 1/31/25 Prime Real Estate […] The post The housing market is warm. Not blazing hot.
Sellers have been saying goodbye to some of the equity they gained during the past couple of years. The post Saying goodbye to pandemic home price gains first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. In Sacramento, we’ve actually lost 40% of the pandemic gains since May.
The goal is to give some perspective and advice to sellers […] The post The insurance crisis is affecting the housing market first appeared on Sacramento Appraisal Blog.
The number of sellers who have not listed their homes this year is really starting to add up – not to mention a growing pile of buyers. UPCOMING (PUBLIC) SPEAKING GIGS: 9/26/23 Orangevale […] The post Pent-up demand & glowing new construction first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
A seller thinks his property is worth about one million dollars more than it actually is because he hijacked a price per sq ft from a different house down the street and applied it to his own.
Could a seller credit damage the chance of appraising at the purchase contract? first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. How are appraisers handling concessions to the buyer? These questions weren’t asked a year ago, but welcome to the 2023 housing market.
It’s that time of year where we see less new listings due to sellers hibernating for the holidays, and some of the existing inventory just feels as stale as Aunt Tina’s green bean casserole that nobody wants to see during Thanksgiving.
Founded in 2023 by Michael Bonacina and Mikhail Andreev, VSAI helps home sellers, agents and photographers create digitally staged images of a listing, eliminating the need for physical furniture in the home. However, according to the company’s blog post, Zillow is also working to integrate the technology into Zillow Listing Showcase.
Sellers can work with a local Opendoor partner agent to list their home on the MLS, while also having Opendoor’s cash offer as a backstop they can accept any time within 30 days. HousingWire: What changes or new products has your company taken on since its last TECH100 win? Anything new to share?
Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.
UPCOMING SPEAKING GIGS: 10/18/24 […] The post The hot mess of concessions in real estate first appeared on Sacramento Appraisal Blog. It feels messy that concessions information is no longer in MLS, there’s some confusion about how appraisers are handling some of this, and we have a new question to ask. Let’s talk about it.
Sellers haven’t had to negotiate much with buyers over the past two years, but that’s starting to change. Let’s talk about this today by looking at seller concessions (credits for repairs, help with closing costs, etc…). I hope you enjoy, whether you’re local or not.
Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022. How much of their list price can sellers expect to see in future months? I’ve been blogging for years. Thank you so much for continuing to read my articles at the Cleveland Appraisal Blog! I appreciate you!
BLOG VIEW: The Federal Open Market Committee (FOMC) on Sept. The Fed’s initial cut is likely to bring more buyers and sellers to market, potentially opening the inventory floodgates and momentum for price competition. 18 announced its decision to cut the Fed Funds rate by half a percentage point.
You can also listen right here at Cleveland Appraisal Blog! . The Tide is Turning – July Newsletter – DW Slater Company Blog. – George Dell’s Analog Blog. – Birmingham Appraisal Blog. Buyers take power from sellers. – Sacramento Appraisal Blog. It’s their turn.
UPCOMING (PUBLIC) SPEAKING GIGS: 01/12/24 Prime Real Estate (private event (I think)) 01/17/24 Gateway Event (private) 01/30/24 Joel Wright & Mike Gobbi Event 9am (on Zoom here) 2/09/24 […] The post Real estate trends to watch in 2024 first appeared on Sacramento Appraisal Blog.
Sellers have been chasing the ball down the road. What I mean is prices have been going down lately, and sellers are trying to find the market through price reductions. I can’t speak for the entire country, but I’d like to talk about what’s happening locally.
While median sales prices are increasing at a nice clip, sellers are pushing the envelope with their asking prices. To all my newsletter subscribers, I hope you’ll continue to enjoy my market research on my blog instead of the old newsletter I discontinued this month. Feel free to unsubscribe from this blog at any time.
Visit the Cleveland Appraisal Blog for expert advice and assistance. Jamie Owen of the Cleveland Appraisal Blog is a certified residential real estate appraiser, here to help with your appraisal questions and needs. Thanks for being here and to read articles from the Cleveland Appraisal Blog! – Birmingham Appraisal Blog.
Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. A big thank you to Jessica for writing this article for the Cleveland Appraisal Blog and a big thank you to you for being here to read it!
UPCOMING SPEAKING GIGS: 2/19/24 Matt the Mortgage Guy YouTube […] The post The challenge of pulling comps in 2024 first appeared on Sacramento Appraisal Blog. I also have some market recap visuals to unpack what’s been happening in 2024 so far.
You can also listen right here at Cleveland Appraisal Blog! You can find me on Apple Podcast, Spotify, Google Play Music, Breaker, Overcast, Pocket Casts, Radio Public or you can listen right here at the Cleveland Appraisal Blog. . An open letter to home sellers in a crazy market – Sacramento Appraisal Blog.
The housing market is definitely heating up for the spring, but it still feels frozen with so many buyers and sellers sitting right now. I recently talked about sellers sitting out of the market, but today let’s look at buyers.
Price reductions are growing fast and sellers are still behind the ball. Eventually they’ll catch up, but they haven’t gotten there yet. Let’s talk about price drops today in the Sacramento region. Is the trend similar in your area? Let me know what you’re seeing.
Taking accurate measurements yields a more precise cost When setting the asking price for a home, what is one of the most important considerations for the seller and the real estate agent? And thank you as always for your being here to read articles at the Cleveland Appraisal Blog! Short-distance moving tips can make a big difference.
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