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Is this housing market affordable for the average shopper?

Housing Wire

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. If you’re an FHA or VA buyer, you don’t stand a chance. So, what does this mean for buyers? Bidding wars.

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An inside look at local housing markets across the country

Housing Wire

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” HousingWire Magazine delivered to your home or office. “It is like ten kids fighting over one ice cream cone. Become a member today.

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What renovations will add value to my home?

Housing Wire

According to Remodeling Magazine, the 2021 average for a kitchen remodel is $26,214, adding an average of almost $19,000 to a home’s value, or 72% of the investment. Another area with high ROI includes replacing laminate countertops and adding new, resilient flooring, the magazine notes.

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Local housing markets: Othello, Osage Beach and Vienna

Housing Wire

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. It will be slow for a few days and then we’ll get this wave of interest and buyers and then it will slow again, but it keeps picking back up,” he said. billion market and he expects it to continue to grow.

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Opinion: What you need to know for a successful real estate transaction

Housing Wire

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They manage and oversee the entire process from the time a seller accepts an offer to the time the buyer takes possession of the property. So why are title and escrow so important?

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8 effective mindset hacks from a top real estate coach

Housing Wire

For example, suppose you are focused on the higher interest rates and reasons why buyers can’t buy today. In that case, you’ll miss the signals of opportunity like greater inventory, builder incentives, and assumable mortgages that will allow some buyers to take advantage of the current real estate market.

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7 Ways to Prepare for a Home Appraisal

Cleveland Appraisal Blog

How can you prepare for the inspection? Assume the role of a potential buyer. Here, you get to play the role of a prospective buyer touring the home. If you plan on selling your home soon, it is a good idea to stage the rooms that potential buyers (and appraisers) will want to see. All of our time is spent at home.

Appraisal 384