Appraisal Buzz

DECEMBER 9, 2024

Active listings also provide insight into current seller and buyer motivations. For example, if many active listings are priced higher than recent sales, it may suggest that sellers are responding to increased demand or reduced inventory, which are key indicators of a market in transition.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Lamacchia Realty

OCTOBER 17, 2024

Furthermore, potential sellers with covid-era mortgage rates of around 3% weren’t listing because they’d have to give up that historic rate and trade it for one that is likely two times higher or more. Many sellers are holding the line, and buyers continue to face competition. Sellers then become the ones who need to compete.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

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.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Housing Wire

DECEMBER 26, 2022

We have already started to see sellers start to lower their prices to adjust to what is acceptable in this market, so that might drive more buyers in and then you will always have that steady level of purchase demand for people who need a home due to life events.”. The second largest age bracket was 35-44 at 19%.

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Insurance Bracketing Legal Business 505