Miller Samuel
APRIL 5, 2020
If you missed this week's Housing Notes , here are two Bloomberg clips (from radio and TV) where I break down the state of the market post-Coronavirus: Bloomberg Radio: Surveillance - 'Jonathan Miller.details how the housing market is dealing with fallout from the coronavirus.'. I spoke with Tom Keene and Lisa Abramowicz on Bloomberg Radio's morning show "Surveillance" on the state of the housing market.
Padove Appraisal Service
APRIL 9, 2020
Because of current COVID-19 concerns, many prudent appraisers, and property owners are not completing appraisals with a traditional, interior walk through. In many cases, state and local “shelter in place” orders don’t permit this type of appraisal. In response to these restrictions, appraisals completed with an exterior only viewing of the home, and even appraisals with no physical visit to the property (often called “desktop appraisals”), are emerging as viable alternatives.
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Advanced Appraisal
APRIL 4, 2020
Chicago and South Suburban Appraisal Blog
Chicagoland Appraisal Blog
APRIL 29, 2020
Last week we saw some optimism as homes under contract in Chicago experienced stable increases for the 3 rd week in a row. This week the optimism continues as new listings jumped up from 78 to 125. Closed sales experienced an uptick for the 3 rd week in a row as well as listing under contract experienced an uptick for the 4 th week in a row. . It seems that home market activity in Chicago is starting to get in the groove and I expect we’ll see more activity in the month of May. .
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Simonson Real Estate
APRIL 27, 2020
I don’t need to tell you how much the world can change in 45 days. The speed at which the world as we know it is changing is astonishing. One thing that isn’t changing is our enthusiasm to deliver credible analysis for our clients while simultaneously providing guidance to our colleagues. Every day, our team has been diligently working to overcome these latest challenges and, rather than wringing our hands in fear, we’ve adapted our standard process in real-Covid-time.
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Miller Samuel
APRIL 7, 2020
I am reading a lot more about everything right now, including real estate. Yesterday's Bloomberg article caught my eye: Greenwich Homeowner Bets on Virus Getaway Pitch to Win a Sale. Desperation to sell can take many forms. Please read on. The article featured a listing in Greenwich, CT that came on 68 days ago that wasn't moving (I assume this based on what was done later).
CM Appraisals
APRIL 13, 2020
April 14, 2020 By Ryan Lundquist
Advanced Appraisal
APRIL 30, 2020
Chicago and South Suburban Appraisal Blog
Chicagoland Appraisal Blog
APRIL 22, 2020
At this point it’s no surprise that home market activity in Chicago came to a screeching halt in the last 6 weeks due to COVID-19 and the stay at home order in Illinois. The most recent market activity for Chicago homes has seen the breakneck decline begin to flatten out. Some optimism is in order as listings under contract have experienced stable increases for the 3 rd week in a row (scroll to bottom). .
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Annarbor Appraisal
APRIL 9, 2020
Our collective memories tend to be short. Maybe it is human nature? I cannot even pretend to understand why we forget the past or how it may predict the future. Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. Ann Arbor, the general community I have called my home for over 55-years, was not immune to the fallout.
Houston Properties
APRIL 15, 2020
Support Local: The Houston Properties Team Helps Out Local Businesses. The Houston Properties Team joins local businesses in the struggle against COVID-19. Learn how you can help today. Summary. The Houston Properties Team understands the impact of recent events on local businesses and their employees. We are helping promote local restaurants and businesses to help the community on our Facebook and LinkedIn pages.
Miller Samuel
APRIL 1, 2020
I whipped up eight charts using data from our expanding Douglas Elliman Market Report Series to touch base on a wide array of U.S. housing markets. These charts appeared on pages 280-282 in the 2020 Spring/Summer edition of Elliman Magazine. Click on each graphic to expand.
Home Junction
APRIL 30, 2020
Property data providers such as Home Junction can help brokers and agents during periods when there are major changes in the local real estate marketplace. One thing we do know on a consistent basis… is that conditions never stay consistent. Market dynamics will change from time to time. Sometimes the changes are minor. Sometimes they are drastic (such as conditions created by COVID-19).
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REX Real Estate
APRIL 1, 2020
Beginning in February and culminating in April 2020, REX’s virtual home tour feature saw a 940% increase as potential homebuyers sought out listings on the company’s virtual platform.
Chicagoland Appraisal Blog
APRIL 10, 2020
The post How To Still Get Home Appraisals Done During COVID-19 & It’s Impact on Home Values appeared first on Chicagoland Appraisals.
Willowbrook Valuation
APRIL 21, 2020
If you bought something recently, it came to you at some point by truck. More and more, the truck bypassed the store and came straight to you from a warehouse. Over the past several years, the popularity of e-commerce has been continually growing. The spread of COVID-19 is rapidly cementing e-commerce as a permanent fixture […]. The post Growth of E-Commerce Continues to Shape the Retail and Warehousing Sectors appeared first on Willowbrook Valuation & Advisory Services.
Houston Properties
APRIL 6, 2020
Houston Home Sellers Series Guide #1: Insider Tips On Decluttering To Sell Your Home. Thinking about selling your Houston home? In this article from our Home Seller Series, we have an expert step-by-step guide (with a printable checklist) on one of the most essential but tedious home selling tips: decluttering. SUMMARY. Houston Properties Team listings sell for 7.2% more and for 4.3% faster.
Miller Samuel
APRIL 29, 2020
In our post-Coronavirus world, it is clear that market conditions and our understanding of the future are subject to change every day. In my prior post Establishing the COVID-19 Demarcation Line: From ‘Hanks To Banks’ , data that falls after the line represents a different market. So how do we determine what data falls in after the demarcation line?
Zillow
APRIL 9, 2020
Amid travel bans, widespread stay-at-home orders and social-distancing mandates, millions of Americans are learning to adapt to the changes brought about by COVID-19. Countless events have been rescheduled or cancelled, but for a few people - including those who already made plans to move this spring - staying put is simply not an option. . If you are about to move, you can still pull it off with a little extra planning and a few precautionary steps.
REX Real Estate
APRIL 8, 2020
Most of us have that spring-cleaning drive this time of year and even more…
Chicagoland Appraisal Blog
APRIL 3, 2020
The Windy City is home to more than 2.7 million permanent residents. And as any true Chicagoan knows, selling a house in this city won’t be quite as simple as a stroll along the lake or an afternoon at the ballpark. A city with a long, rich history also has older housing stock. According to data from governing.com , Chicago has nearly 550,00 housing units built before 1939 or earlier.
Valuation Nation
APRIL 2, 2020
I was invited onto Tim Andersen’s podcast recently. I hope you enjoy it. [link].
Houston Properties
APRIL 15, 2020
Houston Home Sellers Guide Series #4: Preventive Home Maintenance Guide For Your Houston Home. Sell your Houston home fast and for the most money! Expert tips on simple preventive home maintenance to ensure the best buyer & open house experiences. SUMMARY. Houston Properties Team listings sell for 7.2% more and for 4.3% faster. This article is part of a Houston Home Sellers Guide Series outlining how we achieve these results.
Miller Samuel
APRIL 28, 2020
This topic was explored in last Friday's Housing Notes. In order to understand what is happening now, we need to ween ourselves off of what happened before this crisis and focus on finding data exclusive to the post-COVID-19 era. In Manhattan, that data set is not yet apparent because we are in nearly a total market shut down but it is evident elsewhere to a limited degree.
Zillow
APRIL 17, 2020
Now that many of us have spent several weeks living inside, we've become quite familiar with our homes - in some cases, maybe too familiar. If you were planning to move before COVID-19, and still plan to do so when the timing is right, you might want to take this time to reflect on what's working and what's not in your current home. For instance, those stairs you've climbed 10 times a day may have kept you moving while you've stayed home, but maybe you'd like stair-free living in your next home.
REX Real Estate
APRIL 7, 2020
With the entire family spending more time at home, this means more meals being…
PennyMac
APRIL 2, 2020
It’s one of the largest purchases you’ll ever make, and one that most people will only complete a few times in their entire life. It’s normal to feel intimidated and even confused by the home buying process. Whether you’re looking to buy your first home or haven’t bought a home in a long time and want a refresher, here are 10 simple steps that will get you through the home purchase process.
Miller Samuel
APRIL 5, 2020
I joined my friend, columnist/blogger at Big Picture and Bloomberg Radio host Barry Ritholtz to talk about the housing market before and after the Coronavirus crisis on his must-listen radio and podcast show Masters in Business. He interviewed me in 2014 , 2016 and now, 2020. I rationalized that the long gap since 2016 was because he was interviewing other Millers on his show, Steve Miller of the Steve Miller Band and Bill Miller of Legg Mason Capital Management.
Zillow
APRIL 17, 2020
With social distancing mandates in effect across much of the country, many people working in industries deemed "non-essential" are doing their work from home. And while the constant stream of COVID-19 news, in addition to caretaking or homeschooling responsibilities, can make it hard to stay focused on work, modifying your space can help. An organized and visually appealing work area can help you feel more productive - and more relaxed. .
REX Real Estate
APRIL 21, 2020
If you’re preparing to sell your house, you might have had the thought that…
Zillow
APRIL 16, 2020
If you were counting on crowded open houses (or any open houses, for that matter) to sell your home, you've probably been rethinking your strategy. Nearly the entire country is following public health orders to stay at home through April or May, traditionally the prime selling season. As a result, online for-sale listings have taken on more importance than ever, and it all starts with increasing your home's screen appeal. .
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