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A new source of affordable housing inventory: Private seller auctions

Housing Wire

New marketplace for motivated sellers That is good news for sellers like Ricardo Sims, the out-of-state landlord who sold the Montgomery properties to Richards via SmartSale. Sims was able to sell the properties quickly thanks to the deep and wide pool of buyers using Auction.com, with its more than 7.4 million registered users.

Sellers 343
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Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” There is no doubt that buyers will experience several highs and lows during the course of the year. Zillow predicts 4.3

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Realtor scripts for managing seller expectations

Housing Wire

We all know that sellers hear what they want to hear and believe what they want to believe when it comes to how market conditions will impact the sale of their home. It is still a sellers’ market, just not the frenzy that it has been. Below I share some of my scripts for having those tough conversations with your sellers.

Sellers 446
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Consumer advocate says policy changes are needed to help FHA buyers compete

Housing Wire

The authors suggest a two-fold recommendation — that more states and local municipalities pass “source of income” legislation so that tenants and homebuyers will be better protected; and for the U.S. of the U.S. mortgage market in 2023, up from 14.3% in 2022, according to HUD. of the U.S. mortgage market in 2023, up from 14.3%

Buyers 476
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Lease-Purchase Arrangements: Another Path to Homeownership?

Appraisal Buzz

Lease-purchase arrangements are receiving renewed attention from legislators looking for ways to make homeownership more accessible, and theyre a great way to help buyers who cant qualify for a traditional mortgage or pony up the money needed for a down payment. But that doesnt mean there arent risks involved for potential purchasers.

Landlords 221
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Property management software: Why more Americans firing their property managers

Housing Wire

Finding the best tenant is an uphill battle for some landlords. Then, they often face dissatisfied tenants, pesky maintenance issues, and tenants who cant or wont pay their rent on time and in full. In todays shifting economy, buyers arent willing to pay the amount sellers are asking for. Managing tenants is hard.

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Single-Family Rents Climb to Record High

Appraisal Buzz

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. Instead, in an effort to attract tenants, property managers are increasingly using concessions.

Inventory 370