Appraisal Buzz
NOVEMBER 13, 2024
“Technology has enabled homeowners to live more sustainably and more affordably, which is a growing priority for prospective buyers,” said Amanda Pendleton, a Home Trends Expert at Zillow. Zillow’s for-sale listings now include 18% more references to solar panels and the terms “sustainable” and “green.”
Housing Wire
OCTOBER 24, 2024
A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes.
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Housing Wire
OCTOBER 24, 2024
That homeowner over the years has referred 10 refinancing opportunities to Sandoval. The sharks are circling now,” she said, referring to the predatory pre-foreclosure players who may try to buy at a lowball price or offer the homeowner a too-good-to-be true solution that leaves them worse off. “As
Housing Wire
OCTOBER 23, 2024
A survey from mortgage technology firm Cloudvirga , conducted in September, gathered insights from more than 1,000 millennial and Gen Z respondents, the majority of whom were first-time buyers under the age of 40. About 58% of respondents still relied on loan officers to guide them through the process.
Appraisal Buzz
NOVEMBER 4, 2024
housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. First-time buyers decreased to 24% of the market share (32% last year). For first-time buyers, this number jumps to 64%.
Housing Wire
DECEMBER 30, 2024
Redfin refers to these listings as “stale inventory.” Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. There is some hope for potential buyers and sellers if mortgage rates decline. ” According to the report, 54.5%
Appraisal Buzz
FEBRUARY 13, 2025
Its comparable to more than 1,300 lattes or more than 12 years of subscriptions to some premium dating apps, even though others might refer to it as the cost of quiet. The post The Price of Independence: Singles Tax Forcing Buyers Out of the Market first appeared on The MortgagePoint. Living alone means complete control over a space.
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