Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.”

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Appraisal Buzz

OCTOBER 2, 2024

Nearly three-fourths of homeowners are hoping to move, but due to the current market conditions, many are putting their plans on hold, creating a backlog of buyers. High home prices remain the biggest barrier, with 51% of respondents saying it has delayed their plans.

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Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. Hale expects more “coping strategies” on the buyer’s end, such as moving further away to find affordability.

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Marketing Construction Renovations Home Improvement 369

Padove Appraisal Service

JANUARY 14, 2018

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. The post Home Improvements: What counts towards the appraisal? it all counts!

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Cleveland Appraisal Blog

APRIL 29, 2021

That does not cost a lot and it instantly “lifts” the appearance of your home. It also makes it more likely that appraisers and buyers overlook or do not notice previous damage. If there is something I’ve learned, especially this year, it’s that outdoor space is critical for buyers and for the overall value of the house.

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Lamacchia Realty

SEPTEMBER 5, 2024

THE NEW HOME BUYERS’ HOME INSURANCE CHECKLIST Buying your first home can be both an exciting and a daunting experience. The condition of your home: The age of your home, whether it’s had recent home improvements, and whether you have a security system in place are all factors that can impact insurance rates.

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Insurance Buyers Housing Inspector Realty 74

Housing Wire

APRIL 14, 2022

When it comes to selling more complex loan products, buyers still feel more comfortable with loan officers at banks and broker shops. of the lender’s total mix last year, and its sweet spot of government loans aren’t as competitive as agency product in a low-inventory environment. increase compared to 2020. from the prior year.

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Mortgage Marketing Retail Lending 526

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? Go Big Or Go Home. Right now, sellers who don’t have the budget for a full home renovation need not worry — for the most part.

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Renovations Marketing Real Estate Agent Sellers 96

Lamacchia Realty

MARCH 3, 2022

If you’re thinking of selling your home this spring, don’t wait to get it ready. inventory has been historically low, but signs of spring activity are beginning to give frustrated buyers hope! The low inventory has been driving up demand and setting the real estate market up for a very busy spring. Brighten Up!

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Buyers Sellers Inventory Home Improvement 74

Eppraisal

OCTOBER 31, 2023

These indicators paint a picture of the imbalance between supply and demand:  ●      Real estate inventory: High housing inventory means few properties are changing hands in your area and gives buyers control in the market. Pay attention to rental inventory, too.

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Marketing Real Estate Agent Real Estate Valuation 69

Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

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Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. There aren’t enough houses to meet buyer demand. In a normal market, you’ll see a 6-month supply of homes for sale. Reading Time: 4 minutes. It may help to know that: 1.

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Lamacchia Realty

JULY 29, 2022

10 SUMMER IMPROVEMENT PROJECTS FOR YOUR FLORIDA HOME. Summer is the best time of the year to conduct a house inventory and spend quality time with loved ones. If you’re not sure where to start, here’s the list of our top 10 ideas for summer improvement projects you can try on your Florida home.

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Home Improvement Renovations Investing Buyers 41

Hank Miller Team

JULY 12, 2023

Working at home became "a thing" and people spent a lot more time in and around their homes. Many leveraged those low rates and refinanced, taking money out and completing home improvements. Combine that with rent and daily expenses, it's no wonder the buyers on the edge fell off when rates jumped.

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Housing Market Marketing Buyers Sellers 40

Home Junction

MAY 20, 2020

On the other hand, will there be a surge of buyers? Before the crisis, in most towns, inventory for homes in the $300,000 range was low. Will those buyers now be back? Paint and liven up some rooms and add neutral colors that most buyers prefer. Improve curb appeal (plant flowers, trim hedges, etc).

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Will Springer Realtor

SEPTEMBER 19, 2023

You start wondering, could my dream home be at risk for flood damage? The fact is home buyers need to pay attention to their flood risk and the need for flood control. All home buyers. We can provide relevant market and inventory information.

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Insurance Inspection Real Estate Buyers 47

Will Springer Realtor

JANUARY 25, 2022

There is often anticipation when visiting a residence in search of a dream home. Buyers tend to use their eyes to first capture the excitement of exploring rooms and discovering their features. Instead of letting their eyes do all the work, buyers should take an all-senses approach when touring a home.

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Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The Unique Mountain House in Nevada City, CA listed for $3.3 The ARM share was 9.3

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), and rising home prices (still!). What does it mean to buyers? “If rates rise above 5% you will price buyers out of the market,” Devyn Bachman, vice president of research at John Burns Real Estate Consulting, told Fortune.

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Construction Development Inventory Buyers 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. Inventory across our area remains extremely low.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. For example, a mortgage-approved buyer will be able to purchase a $938,000 single-family home (or possibly townhome or condo) with 5% down and keep within the new threshold.

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Sellers Marketing Supply Chain Construction 36

PennyMac

AUGUST 14, 2024

How to Prepare Before Buying a New Home Preparing to buy involves more than just browsing real estate listings. To ensure you're thoroughly ready, consider the following steps: Get a New Mortgage Pre-Approval: Gain clarity on your budget and strengthen your position as a buyer by getting pre-approved.

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Real Estate Agent HOA Finance Inspection 47

Appraisal Today

MAY 17, 2024

By Tom Horn Excerpts: As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house”.

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Tools Appraisal Renovations Design 71

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”.

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

MAY 9, 2023

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

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Real Estate Modernization Construction Supply Chain 36

Appraisal Buzz

JANUARY 13, 2025

While interest rates in the 6% range play a part in low afford[1]ability, home price increases are also a driver of low affordability and create a barrier for new buyers. Home price increases increase monthly payments, but they also increase the amount of down payment a buyer would need to have.

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