Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 448

Realtors Contracts Real Estate Agents 448

Housing Wire

DECEMBER 6, 2024

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. Provide value Offer engaging content that both informs and entertains. Its up to us as agents to stay engaged and stay in contact with our clients.

Real Estate 397

Real Estate Clients Tools Sellers 397

Appraisal Buzz

JUNE 24, 2024

Even during a period when home values are typically at their lowest, many prospective first-time buyers were unable to reach their long-term financial goal of becoming homeowners in Q1, according to the Q1 2024 First-Time Home Buyer Affordability Report from Nerdwallet. Cleveland (3.0) Buffalo, NY (3.2)

Buyers 273

Buyers Advertising Inventory Home Value 273

Housing Wire

SEPTEMBER 22, 2021

August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by the National Association of Realtors. Completed purchase transactions of single-family homes, townhomes, condominiums and co-ops came in at a seasonally adjusted annual rate of 5.88

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Inventory Buyers Realtors Home Value 418

Housing Wire

SEPTEMBER 9, 2024

While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors. As of Sept.

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Real Estate Agents Marketing Real Estate Agent 472

Housing Wire

JUNE 26, 2024

BadCredit.org assumed an 8% down payment — which is the typical amount for first-time buyers , according to the National Association of Realtors — along with saving 10% of total income while working 40 hours a week for 52 weeks per year. per hour and a median home value of $349,000. Department of Labor.

Home Value 397

Home Value Housing Market Realtors Finance 397

Housing Wire

JULY 25, 2024

An increase in home values has generally put older homeowners on better financial footing overall, but if most of one’s net worth is tied up in the illiquid asset of home equity, then the presence of a regular mortgage payment may not make older homeowners feel like they’re better off.

Mortgage 476

Mortgage Home Value Finance Buyers 476

Empire Appraisal Group

DECEMBER 19, 2024

Despite Inventory Rise, Home Buyers Remain Cautious Source: [link] More listings are coming to the real estate market, but home sales continue to be sluggish. Meanwhile, the median price for an existing home was $404,500 in September, down from $416,700 in August but still up 3% from a year earlier.

Inventory 78

Inventory Buyers Real Estate Realtors 78

Cleveland Appraisal Blog

AUGUST 6, 2021

Do you know of anyone who purchased a home within the past year? Below is a chart from the National Association of REALTORS article on home buyer regret. It reflects the results of a survey made by bankrate.com , which reflects the percentage of those who regret their home purchase, and the reasons why.

Buyers 243

Buyers Property Taxes Inspection Market Value 243

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Therefore, it begs the question: what will happen to home values? To answer this question, we must consider the historical correlation between interest rates and home price appreciation.

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Sellers Marketing Market Value Home Value 435

Housing Wire

NOVEMBER 18, 2024

Home insurance premiums have climbed 45% from 2017 to 2022, contributing to a slowing sales market. In California, where housing affordability is a longstanding issue, low inventory and intense competition have driven the average home value to $771,057, with Los Angeles nearing $947,245, according to Zillow data.

Real Estate 397

Real Estate Agents Real Estate Agent Marketing 397

Housing Wire

MAY 24, 2023

For many buyers, closing day represents the beginning of the next chapter in their lives – having a new place to celebrate important milestones and create new memories. Unfortunately, as buyers are preparing for this momentous day, wire fraud – a scam in which cybercriminals attempt to steal buyers’ hard-earned money – poses a serious threat.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

Housing Wire

DECEMBER 5, 2022

It boxed out many first-time homebuyers who found themselves unable to compete against buyers willing to place a non-contingent offer above full price. The media and hyperbole are scaring potential homebuyers to the sidelines, but betting on home values is one of the greatest bets someone can make.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

Appraisal Buzz

AUGUST 13, 2024

metropolitan areas saw home prices rise in the second quarter of 2024, with one area reaching a historic milestone, according to the latest report from the National Association of Realtors (NAR). First-time buyers faced even steeper challenges, with affordability worsening due to rising home prices and limited inventory.

Buyers 397

Buyers Mortgage Home Value Marketing 397

Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. ” .”

Housing Market 448

Housing Market Marketing Inventory New Listings 448

Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. regions, but declined in the West, according to the National Association of Realtors. Pending home sales rose 0.4% from February 2022.

Contracts 321

Contracts Realtors Home Value Housing Market 321

Housing Wire

OCTOBER 9, 2023

Users can compare current mortgage rates , and use a mortgage payment calculator, a home-value estimator and online loan applications. Users can also find local loan officers when they are ready to buy a home or inquire about another financial product that Guaranteed Rate offers. This includes a Realtor partner network.

Loan Officers 448

Loan Officers Mortgage Technology Realtors 448

Housing Wire

JANUARY 7, 2022

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

Housing Market 418

Housing Market Marketing Real Estate Agent Agents 418

Housing Wire

APRIL 17, 2023

Elevated mortgage rates are continuing to give homeowners a reason to stay at their current homes, according to the 2023 Borrower Insights Survey conducted by ICE Mortgage Technology. Of those who plan to remain in their homes, about one-third (36%) specifically cite high interest rates as the reason for staying put.

Mortgage 396

Mortgage Finance Investing Home Value 396

Housing Wire

FEBRUARY 1, 2023

Nunziata explained that offering prospective homebuyers a $10,000 discount off the sales price of a $400,000 home, for example, will save the buyer about $60 a month on his or her mortgage payment. “So, You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

Marketing 435

Marketing Government Mortgage Sellers 435

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.

Home Value 74

Home Value Buyers Realtors Realty 74

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. Affordability from a home price/down payment perspective is the worst it’s ever been, meaning extreme barriers to entry,” according to a Bank of America Global Research note published in March.

Real Estate 418

Real Estate Buyers Insurance Mortgage 418

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Empire Appraisal Group

MARCH 6, 2025

News & Media Getty/sturti Source: [link] Starter Home Prices See Largest Increase By Jennifer Warner Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult for first-time buyers. Whats a Realtor to do? ORLANDO, Fla.

Buyers 78

Buyers Realtors Investors Real Estate 78

Empire Appraisal Group

OCTOBER 24, 2024

YinYang, E+, Getty Images Source: [link] By Melissa Dittmann Tracey There’s disagreement about whether the sports craze is a benefit for home sales, with some saying the noise hurts property values. The home sold for above asking price – $520,000 (originally listed for $515,000). A selling point?

Real Estate 78

Real Estate Home Value Brokerage Construction 78

Birmingham Appraisal

FEBRUARY 11, 2025

Square Footage: Why Accuracy Matters Square footage is one of the most critical factors in determining a homes value, yet it is often misunderstood. When an appraiser measures a home, their calculation often differs from whats in tax records. This is especially important when: Listing a home for sale.

Appraisal 68

Appraisal Real Estate Agent Real Estate Agents 68

Housing Wire

FEBRUARY 8, 2024

Remember — most of the time, buyers and sellers may not be actively looking for your services, but when they are, real estate farming ensures you are always top of mind. Because there are fewer homes per square acre and buyers typically tend to own their homes for more extended periods in such neighborhoods.

Real Estate 446

Real Estate Tools Agents Real Estate Agent 446

Housing Wire

MAY 25, 2023

These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. million homes bought and sold in the U.S. The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 million, of those homes.

Loan Officers 418

Loan Officers Real Estate Agent Real Estate Finance 418

National Association of Realtors

DECEMBER 16, 2020

Understand home value, learn details about the appraisal process, borrowers rights, and more. Use this resource to become an informed home buyer.

Appraisal Process 85

Appraisal Process Buyers Appraisal Home Value 85

Birmingham Appraisal

JANUARY 29, 2025

Closed sales show what buyers recently paid, but active listings reveal current competition, and pending sales highlight what buyers are willing to pay before deals officially close. 2) Appraisers don’t “give” value- Appraisers measure the buyer’s reaction to certain features of a house.

Appraisal 63

Appraisal Appraisal Process Valuation Buyers 63

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . We’re thinking about what the end buyer wants, which with us is an institutional fund.

Marketing 448

Marketing Investing Investors Landlords 448

Will Springer Realtor

NOVEMBER 19, 2024

Since the pandemic, Realtors® and other industry professionals have adapted to emerging tech tools, enhancing clients’ home-buying and -selling journey in ways that also help them stay ahead of the competition. For more information, check out my Smart Home Tech Guide.)

Real Estate 49

Real Estate Technology Sellers Buyers 49

Eppraisal

OCTOBER 10, 2023

That applies to your home's exterior. A new doormat, potted plants or stylish house numbers can make visitors feel at home. Over 90% of realtors suggest improving curb appeal before listing, so get your hands dirty with some landscaping, slap a fresh coat of paint on that front door and give your mailbox a makeover.

Home Value 69

Home Value Renovations Buyers Investing 69

Eppraisal

NOVEMBER 18, 2022

Not many people know that all real estate agents can not call themselves Realtors® In order for real estate agents to call themselves Realtors® they must belong to the National Association of Realtors® (NAR), their state Realtor® associations and their local Realtor® associations.

Real Estate Agent 69

Real Estate Agent Design Realtors Real Estate 69

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” Number of Realtors in the USA by State | 2023” [link] ZipRecruiter.com.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Empire Appraisal Group

DECEMBER 1, 2022

Buyers Waited for Falling Prices? Source: Buyers Waited for Falling Prices? Big Mistake | Florida Realtors. Some buyers waited for bargain homes that appeared after the Great Recession – but to counter higher mortgage rates, year-to-year prices have to drop 45%. The post Buyers Waited for Falling Prices?

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Buyers Realtors Mortgage Appraisal 78