Bracketing Buyers Events 
Appraisal Buzz
SEPTEMBER 5, 2024
Moreover, a majority of Americans (27%) from all income brackets, including the mass affluent and above, reported that they have been compelled to set up a payment plan or other arrangement in order to help with making monthly payments. These respondents make up 48% of the shockingly large number of persons who face these challenges.
Appraisal Buzz
DECEMBER 9, 2024
It includes insights from CoreLogic economists to help appraisers and home buyers understand the market. Active listings also provide insight into current seller and buyer motivations. Pending sales are particularly useful because they represent properties that have attracted buyers, reflecting the current market conditions.
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Housing Wire
DECEMBER 26, 2023
If you compress the commissions on the buyer side by some amount it would have an effect on the overall commission pot and that would hurt the large publicly traded companies because that would be akin to just having a drawdown in volumes overall, which we’ve seen what that does to margins and profits and it hurts,” Paolone said.
Lamacchia Realty
OCTOBER 17, 2024
Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Many sellers are holding the line, and buyers continue to face competition. The result is buyers are still faced with some of the highest monthly mortgage payments in history.
Lamacchia Realty
OCTOBER 25, 2023
Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.
Appraisal Today
APRIL 14, 2023
The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In other words, the appraiser is agreeing to defend the AMC (or lender) and make them “whole” in the event the AMC is sued or held liable for mistakes that the appraiser makes.
Housing Wire
DECEMBER 26, 2022
Prior to the recent rise in HELOC volume, Braga said her firm typically saw HELOCs as part of simultaneous closings where buyers would do a first mortgage and a HELOC at the same time. The second largest age bracket was 35-44 at 19%. “Currently, I would say the majority of our volume is some type of HELOC product.”.
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