Appraisal Buzz

SEPTEMBER 5, 2024

The panel’s latest estimates of national home price growth are higher than last quarter’s expectations of 4.3% Terry Loebs , Founder of Pulsenomics, said: “Despite robust home value growth in the first half of 2024, our panelists anticipate a slowdown in price appreciation for the remainder of the year and beyond. million homes.

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Construction Inventory Housing Market Contracts 459

Housing Wire

DECEMBER 1, 2022

“Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”.

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Housing Market Marketing Construction Inventory 370

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are However, it’s the sellers and buyers that we are working with whom really matter. Are we in a housing bubble?”

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Housing Wire

JULY 25, 2022

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At

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Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. “It percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

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Marketing Government Mortgage Sellers 435

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. appeared first on Lamacchia Realty.

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Home Value Buyers Realtors Realty 74

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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Empire Appraisal Group

SEPTEMBER 22, 2022

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

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Home Value Real Estate 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.

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Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Sell homes — listing chatbot Great First Impression. So how can real estate agents be so cavalier about their job?

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Real Estate Agent Real Estate Agents Tools 370

Realtor

AUGUST 7, 2019

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.

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Sellers Appraisal Market Value Real Estate Agent 111

Housing Wire

APRIL 27, 2023

Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state. billion [due to increased home values]. “…The Post release, the remaining 8,489 properties will collateralize the same debt of $2.06

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Renovations Investing Real Estate Marketing 387

Empire Appraisal Group

DECEMBER 19, 2024

All-cash sales surged to 30% of home sales in September; all-cash sales also include a large portion of investors and second-home buyers, which comprised 16% of sales in September, NAR reports. Home seller profits remain historically high, with homeowners earning a 55.6% offers, which is down slightly from 2.6

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Inventory Buyers Real Estate Realtors 78

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

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Appraisal Process Appraisal Construction Sellers 139

Realtor

AUGUST 7, 2019

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.

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Sellers Appraisal Market Value Real Estate Agent 78

Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Appraisal Renovations Home Value Real Estate 88

Quicken Loans

DECEMBER 16, 2021

In addition, home values and sales skyrocketed. For anyone interested in buying a home , real estate is still in high demand. These conditions make a seller’s market, meaning the seller has the upper hand. Home Inventory Will Slowly Rise. Thus, affecting the rate contractors can build new homes.

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Housing Market Marketing Inventory Supply Chain 78

Hank Miller Team

DECEMBER 7, 2021

Price per square foot is unreliable to value homes. It is without question one of the most quoted "sources" when home values are discussed but it is so flawed that on any level, it cannot stand even the softest of challenges.

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Real Estate Agent Real Estate Home Value Design 69

Eppraisal

MARCH 17, 2023

Some of the adverse economic factors have since abated -- at least somewhat -- so early 2023 might be the right time to take a fresh look at prospective demand for newly constructed homes, affecting home values, and the possibilities for whether that appetite is increasing, declining or remaining level.

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Supply Chain Home Value Inventory Construction 69

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. It’s conducted by a licensed or certified appraiser who is independent of the buyer, seller, and lender. Evaluate the quality of construction and materials. Why are Appraisals Important? Take photographs of the property.

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Appraisal Property Taxes Inspection Sellers 78

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates.

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Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Who said this is a sellers’ market? “In Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

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Sellers Marketing Supply Chain Construction 36

Houston Properties

MAY 6, 2020

A home seller guide from the number one Realtor in Houston. We’re able to accomplish this because we know what it takes to be able to sell your Houston home fast and for more money. Alternatively, you can simply contact the Houston Properties Team and list your home with us today. Houston Home Seller Resources.

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Renovations Realtors Sellers Valuation 66

Empire Appraisal Group

APRIL 21, 2022

Assuming all these factors and new construction hold steady, we could begin to see inventory increases this summer—welcome news for buyers who have endured pandemic home shopping and can continue their journey despite higher buying costs.”.

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Inventory Buyers Construction Realtors 78

Realtor

MARCH 7, 2023

What type of home qualifies for a USDA loan? While there is a lot of flexibility in the type of home that may be accepted for a USDA home loan—including condos , townhouses , and new construction —not all homes will qualify. These loans have no home value limits at all, although they do have income limits.

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Inspection Appraisal Market Value Finance 111

Chicagoland Appraisal Blog

APRIL 3, 2020

Chicago’s housing options include a wide diversity of architecture, styles, and sizes, including vintage condos, brand-new construction, and 7,000-square-foot homes. Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Understand Chicago home values.

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Real Estate Agent Architecture Modernization Buyers 78

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 76

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae.

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Real Estate Supply Chain Marketing Inventory 67

Eppraisal

MARCH 28, 2023

For those blessed with the capacity to purchase a home, a number of choices abound: geography, number of bedrooms, attached/detached garage, finished vs. unfinished basement etc. That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Drawbacks exist alongside benefits.

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Construction Inspection Property Taxes Home Value 36

Raleigh Realty

MARCH 29, 2021

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. And shop around for lenders.

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Government Real Estate Agent Insurance Property Taxes 148

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives. Episode Links.

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Real Estate Marketing Home Value Inventory 36

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. Some markets were affected more than others.

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Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

JANUARY 29, 2025

In 2024, several factors contributed to the rise in average home sales prices in South Florida: low inventory, strong demand (especially for single-family homes and luxury properties), rising construction costs, and economic conditions like inflation. increase in new listings with both categories combined.

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Inventory Insurance Real Estate Buyers 60

Eppraisal

FEBRUARY 22, 2022

When it costs more to build a home, it will become pricier to buy that dwelling because -- after all the extra expense -- the builder needs to get paid too. Yet swelling house prices go far beyond new construction and that is good news for the owners of existing homes. Who Does Inflation Help?

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Housing Market Marketing Property Taxes Home Value 36

Eppraisal

SEPTEMBER 24, 2021

The market normally remains strong, and home values rise, through the spring and summer months. Retirees and people who are working from home indefinitely are purchasing homes in the south where the weather is warmer year-round. Home Sellers Sellers were hesitant to sell at the beginning of the Covid-19 pandemic.

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Marketing Supply Chain Real Estate Construction 28

Eppraisal

OCTOBER 28, 2022

Did you know there are warranties for your home? These are not the kind of home warranties that new construction builders provide. New construction builders provide warranties on the construction of a new home. "Home Buyers may see this as adding to the home value.

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Construction Home Value Real Estate Agent Buyers 36