Housing Wire

MARCH 28, 2025

Automated valuation model (AVM): Boosts client consultations by using its proprietary algorithms to accurately estimate home values. The market trend evaluation tool tracks price changes and inventory levels while comparing it to buyer demand, allowing the user to gain insights into a property’s investment potential.

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Housing Wire

JANUARY 7, 2022

“People fear if they sell their home, they won’t be able to find something and get into a bidding war.” By the numbers, Springfield is dealing with a similar high-demand, low-inventory quandary as the rest of the country, though with lower prices. Still, Augusta home prices are not immune to national trends. Peoria, Illinois.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. While at the same time, home prices were surging. Before the pandemic, there was already a shortage of housing inventory in many parts of the country, including in Northeast Ohio. Months of Housing Inventory Historically.

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Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Until then, the home builders may have to hunker down.

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Quicken Loans

DECEMBER 16, 2021

In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices. Home Inventory Will Slowly Rise. During the past year, buyers faced a limited housing inventory which put sellers at an advantage. Buyer demand continued.

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Eppraisal

DECEMBER 6, 2022

Buying and selling property is a big event for those gaining the asset and for those making money on the deal. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. Yet it is another day at the office for realtors, lenders, attorneys and title agencies.

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Lamacchia Realty

JULY 29, 2024

Listings have slightly improved in volume so far this year by 1.9%, which contributes to the rise in inventory in CT. As of June 2024, inventory is finally reaching levels higher than last year (yellow line in the graph to the right) after starting the year with the lowest levels since 2017. and multis are up by 17.4%.

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Lamacchia Realty

NOVEMBER 26, 2024

Similar to the national trend, Rhode Island saw increases in both home sales and prices compared to last year The housing market often shifts in response to economic and political events. Sellers , It is important to remember that homes do sell during the holidays , often to highly motivated buyers.

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Lamacchia Realty

NOVEMBER 26, 2024

Similar to the national trend, Connecticut saw increases in both home sales and prices compared to last year The housing market often shifts in response to economic and political events. Listing your home now can provide a competitive edge with less inventory and greater visibility for your property.

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Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels.

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Eppraisal

MARCH 25, 2022

Some of these events seem worlds away but others, like inflation, are felt on a daily basis. How does this confluence of evil tidings affect home sales? Does Inflation Help or Hurt Home Value? As inflation climbs, so follows home value. In theory, this should motivate an intensive home-building push.

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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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Eppraisal

AUGUST 16, 2022

Before, during and after the COVID-19 pandemic, home prices steadily climbed. These increases, combined with a growing but still modest inventory of houses for sale, make for hard times for banks and other mortgage lenders. As of July of 2022, applications for home financing -- especially refinances -- sit at a 22-year low.

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Eppraisal

APRIL 1, 2022

If something feels "off," they should prepare themselves in the event there may be trouble. With homes selling and renting so quickly, and home values increasing, agents may be finding themselves sprinting to listings to show buyers who are desperate to find homes. Agents need to trust their gut feelings.

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Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. The Consumer Price Index (CPI) rose by 0.2%

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Will Springer Realtor

AUGUST 9, 2022

You don’t have to be a scientist to realize the number of climate-related events has increased in frequency and intensity across the globe. Beyond the devastation of flooding, there are the life-changing events related to rising temperatures – drought and wildfires. . >> SmartAsset analyzed more than 300 of the largest U.S.

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Will Springer Realtor

APRIL 10, 2024

Affordable housing initiatives focus not on the climate but on increasing inventory to meet demand, while climate-focused efforts lack integration with housing resilience goals. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.

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Empire Appraisal Group

OCTOBER 17, 2024

Repairs, on the other hand, are fixes for damage caused by unexpected events like storms or accidents, and these are often covered by insurance policies (though with potential deductibles or exclusions). Renovations, which involve substantial home improvements, generally aren’t covered by standard insurance.

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Will Springer Realtor

AUGUST 9, 2024

The median household income today is approximately $130,000 and the median home value is about $1.3M. of office space, or 23% of total inventory, was available across the entire Eastside of King County, Broderick Group reported. It’s part of the Seattle Design Festival , a series of events across the Seattle area.

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Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. The combination of buyers leaving the market, which brings down demand, and the slow but steady increase in new listings has beefed up inventory slightly month-to-month. Inventories improved fractionally. There is now 0.7

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Will Springer Realtor

JANUARY 9, 2024

Despite an average single-family home value of about $1.36M, the HQ to Microsoft has seen its population grow 18% between 2017 and 2022. population growth over those five years and a home value today of $783.3K. It all takes place at the Washington State Fair Events Center (110 9 th Ave. . >> Redmond, Wash.,

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Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. Washington State Fair Events Center (110 9th Ave. Snoqualmie).

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Housing Wire

MAY 14, 2021

The proposal has been met with resistance in a variety of policy arenas where the debate over the lack of single-family inventory for sale raises concerns that a tax credit would simply exacerbate the already challenging environment that some argue is artificially inflating home values. Join today with an HW+ Membership !

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Will Springer Realtor

NOVEMBER 12, 2021

As home values rise, low-income households already on the margins of affordability are being priced out of homeownership in urban areas such as Seattle, where median prices have jumped 37% (and 52% countywide) over the past five years. In addition, data compiled by realtor.com show starter homes in the U.S. over the past year.

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Appraisal Today

MAY 19, 2023

Purchase applications decreased 5 percent to its slowest pace in a month, as buyers remain wary of this rate volatility, but also as for-sale inventory in many parts of the country remains scarce. percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.

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Housing Wire

OCTOBER 25, 2024

Global events destabilizing the world’s oil supply could kick inflation back into high gear and make the FOMC’s QE and QT campaigns fail. Insurance demand for non-QM RMBS resulted from the convergence of more than one event coinciding. What is the catalyst that may cause it all to fall apart?

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Housing Wire

NOVEMBER 11, 2024

The town may then decide to pass on some of those financial challenges by taxing homeowners at a higher rate or by providing fewer town services, which may lead homeowners to leave the town, selling their properties, which could result in dropping home prices due to a rapid rise in inventory and a drop in demand. 8 spot on CRE’s list.

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Housing Wire

JANUARY 7, 2025

Rising home prices and mortgage rates are keeping the lock-in effect alive during the early days of the 2025 housing market. Despite increased levels of for-sale inventory, a significant share of homeowners are content to stay put in their homes for the long haul.

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Appraisal Today

OCTOBER 25, 2024

The complaint alleges Mykhailyna used sales from distant, majority-Black areas, ignoring closer sales, and undervalued the property by over $200,000 compared to an appraisal less than a year earlier, despite rising home values. After the homeowner raised concerns of discrimination, Rocket Mortgage canceled the refinance.

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Appraisal Today

FEBRUARY 7, 2025

Newz: Waivers Increasing, The New URAR: Markets vs. Neighborhoods, Climate Change and Home Values February 7, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA AD: Should I consider this an actual claim? I have not seen discussions on the future of home values in risky areas. I am too far away to be at risk.

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