Appraisal Buzz

OCTOBER 4, 2024

What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit? A team of researchers for StorageUnits.com surveyed some 500 licensed agents to determine how clutter in and around a seller’s home, as well as the surrounding neighborhood, impacts a property’s asking price.

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Home Value Real Estate Agent Sellers Real Estate 397

Inman

FEBRUARY 27, 2025

home values have risen by 45.3 In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Since 2020, U.S.

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Home Value Housing Market Marketing Mortgage 141

Housing Wire

APRIL 18, 2023

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. The highest median home value was among Asian Americans at $521,620.

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Home Value Bracketing Realtors Finance 435

Housing Wire

JANUARY 22, 2025

Reverse mortgage lender and servicer Longbridge Financial , which offers both Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage ( HECM ) loans as well as proprietary reverse mortgage products, announced that it has lowered the minimum home value for its fixed-rate proprietary products.

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Home Value Clients Legal Mortgage 394

Appraisal Buzz

NOVEMBER 26, 2024

Mandated by HERA The Housing and Economic Recovery Act (HERA) requires that the FHFA adjust the GSEs’ baseline CLL value annually to reflect the change in the average U.S. home price. home value over the last four quarters. Due to rising home values, the CLL values will be higher in all but six U.S.

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Home Value Finance Housing Market Mortgage 418

Appraisal Buzz

MARCH 10, 2025

First-time millennial buyers looking for more affordable options chose homes that needed work, the DIY movement being fueled by all your favorite before-and-after renovation TV shows (looking at you, Property Brothers ). But that was then and this is nowwhen home value appreciation has returned to earth.

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Renovations Home Value Buyers Sellers 414

Housing Wire

NOVEMBER 7, 2024

In California, where more than 7,000 wildfires occurred last year, the typical homeowner in many ZIP codes paid premiums as low as 0.05% of home value, according to the Times. By contrast, in parts of Alabama, Oklahoma, Louisiana and Texas, the average homeowner paid premiums of more than 2% of local home values.

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Insurance Supply Chain Real Estate Design 482

Appraisal Buzz

OCTOBER 29, 2024

Many young Americans purchased their first homes during the pandemic or in the years preceding it, and they later profited from a historic increase in home values brought on by the homebuying boom of 2021–2022. Many young people were able to amass significant home equity as a result, and today’s home values continue to climb.

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Tenants Home Value Mortgage Appraisal 397

Appraisal Buzz

MARCH 4, 2025

But, its important to remember that new building contributes to the overall rise in market value. Albany, New York Top 10 Metros w/ the Fastest Growing Total Home Value (2024) Rank Metro % Growth YoY $ Growth YoY Total Metro Home Value 1 Albany, NY 11.3% $11.2B $110.6B trillion, Gen Xers home values rose 4.6%

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Home Value Housing Market Buyers Marketing 243

Appraisal Buzz

DECEMBER 20, 2024

Home Values and Housing Costs Older homeowners generally reside in homes with lower median values than the overall population. For instance, the median home value for those aged 65 and older in Las Vegas is $429,600, slightly below the citywide median of $437,900.

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Home Value Mortgage Housing Market Appraisal 390

Appraisal Buzz

OCTOBER 28, 2024

Rising home values : Due in part to the pandemic-driven homebuying boom in the Sunshine State, which saw a large influx of out-of-town buyers driving up prices, Florida’s house values have skyrocketed over the past six months. Top 5 Metro Areas Where Property Taxes Have Increased Most Since 2019 U.S.

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Property Taxes Home Value Government HOA 349

Housing Wire

MARCH 24, 2025

If a home was listed at this point in time, it was excluded from the study. To strip out the effect of market-level price movements during this three-month period, Zillow adjusted the Zestimate using movements in the Zillow Home Value Index at the ZIP code level, the study explained.

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Sellers Real Estate Agents Realtors 501

Appraisal Buzz

DECEMBER 23, 2024

Key metrics include five-year home price trends, median sale prices relative to income, and median days homes spend on the market. increase in home values over the past five years, with an affordability ratio that keeps housing accessible while driving growth.

Housing Market 397

Housing Market Investors Buyers Home Value 397

Appraisal Buzz

FEBRUARY 18, 2025

Zillows latest report states the average home value currently stands at $285,683 in the region, with 46.5% Presently, the average home value stands at $271,900, representing a 4.4% Here, 55% of listings sold over the year, with the current house value at $178,600significantly lower than the states average of $406,700.

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Sellers Home Value Buyers Real Estate 291

Appraisal Buzz

MARCH 13, 2025

Homeownership as a Path to Wealth Owning a home provides significant financial advantages, including equity gains and appreciation in home values. Each mortgage payment serves as a form of forced savings, helping homeowners build wealth over time. Historically, homeownership has been a major wealth-building tool in the U.S.,

Housing Market 394

Housing Market Marketing Home Value Tools 394

Housing Wire

OCTOBER 18, 2024

Now, suburban dwellers who migrated from urban areas to suburban areas are returning to cities, driving home values up in those areas. Now, Fannie Mae and Freddie Mac are currently pushing data standardization to help lenders keep up with evolving appraisal needs.

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Appraisal Process Appraisal Real Estate Inspection 448

Appraisal Buzz

DECEMBER 6, 2024

Research indicates that rising land prices have significantly outpaced the appreciation of home structures, contributing to a disparity in overall value growth. Land costs now comprise a larger share of home values, increasing from 35.7% in 2012 to 57.4% in 2023, according to American Enterprise Institute data.

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Law Valuation Home Value Government 397

Housing Wire

JANUARY 24, 2025

The latest ruling from the U.S Rocket Mortgage has faced other legal activity over the last year.

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Mortgage Legal Appraisal Valuation 369

Housing Wire

JANUARY 22, 2025

While stubbornly high mortgage rates are keeping a lid on buyer demand and home value growth, and a response from builders has kept multifamily rent growth stable for many months, rents for detached single-family homes continue to accelerate. Meanwhile, apartment rents averaged $1,812 per month in December, up 2.4%

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Inventory Home Value Housing Market Buyers 448

Housing Wire

JANUARY 16, 2025

Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East Coast and Midwest states in which CSS operates, appraisals were higher than sale prices in 57% of transactions during the second half of 2024.

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Appraisal Valuation Home Value Housing Market 397

Real Estate News

NOVEMBER 20, 2024

The reversal follows 14 years of larger gains for homes in high-risk areas, suggesting that buyers may be less willing to move to disaster-prone regions.

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Home Value Buyers 281

Housing Wire

JANUARY 27, 2025

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

Renovations 389

Renovations Design Home Value Realtors 389

Housing Wire

FEBRUARY 24, 2025

When asked what alternatives they would consider if they could not afford their healthcare expenses, over 60% said they would consider spending down to Medicaid, while only 30% said they would consider using their home equity or moving in with their children, the brief said.

Finance 342

Finance Insurance Home Value Construction 342

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

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Contracts Mortgage Property Taxes Law 370

Appraisal Buzz

MARCH 20, 2025

Each one percentage point gain in home price translates into an approximately $350 billion increase in housing equity for American property owners, Yun adds. trillion in home value appreciation at a time when the current stock market is undergoing a correction. That means a gain of nearly $1.3

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Home Value Inventory Buyers Realtors 195

Appraisal Buzz

NOVEMBER 6, 2024

home value is currently $359,892, up 2.7% Many have found themselves priced out of the market, as Freddie Mac reports the 30-year fixed-rate mortgage (FRM) has risen for the past five weeks, currently sitting at 6.72% for the week ending October 31, 2024. And affordability remains an issue as Zillow notes the average U.S.

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Home Value Buyers Mortgage Appraisal 459

Appraisal Buzz

DECEMBER 18, 2024

cities, such as page-view traffic, home value increase, and the speed at which properties sell, in order to identify the most popular markets in 2024. Markets Manchester, NH Named Most Popular Market Overall: Home shoppers are becoming more interested in Manchester, the states largest city. to $415,000 in the last year.

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Architecture Home Value New Listings Contracts 370

Appraisal Buzz

JANUARY 22, 2025

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. In the meantime, owned home value growth has leveled out at 2.6%

Inventory 370

Inventory Home Value Tenants Property Management 370

Housing Wire

FEBRUARY 14, 2025

MetroList, which serves Northern California, recently partnered with real estate data provider StreetWire on a home insurance product called Home Value Lock, which gives homeowners protection in the event they have to sell their house at a loss due to an unexpected need to move. MLSs have been busy on the technology front.

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Real Estate Technology Home Value Insurance 352

Appraisal Buzz

OCTOBER 18, 2024

This was due to the leveling of home prices: After bouncing up in the spring and then flattening, the median home value was virtually unchanged at the end of the third quarter at about $360,000. Home values remained at or near record levels around large swaths of the country, keeping seller profits far above historical levels.

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Home Value Sellers Housing Market Buyers 221

Housing Wire

FEBRUARY 11, 2025

While market conditions are stalling larger-scale remodeling projects, consumers who seek remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place, according to the article at Kitchen & Bath Design News.

Technology 339

Technology Home Value Design Tools 339

Appraisal Buzz

DECEMBER 6, 2024

On a quarterly basis, Fannie Mae plans to publish the latest panelist-level expectations, as well as a special topic report that includes respondent feedback on topical questions designed to help inform the broader housing industry. The Q4 2024 HPES had 115 respondents, and was conducted by Pulsenomics between November 12-22, 2024.

Inventory 397

Inventory Home Value Design Mortgage 397

Housing Wire

SEPTEMBER 27, 2023

Take the Zillow Home Value Index. It measures the typical home value for single-family residences, condominiums and co-ops in the 35th to 65th percentile within their region. For the nation as a whole, home values have hardly changed since August 2022 by Zillow’s estimation in its Home Value Index.

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Home Value Inventory Valuation Housing Market 448

Housing Wire

DECEMBER 16, 2024

.” Septembers dip in mortgage rates provided a tailwind to home sales in the second half of the year. Home values are forecast to tick up 2.2% Zillow says that 2024 will finish with 4.06 million sales a number that Zillow expects to rise slightly to 4.16 million in 2025. in 2025, in line with the 2.3%

Housing Market 370

Housing Market Marketing New Listings Home Value 370

Appraisal Buzz

FEBRUARY 24, 2025

Providence, RI: Average home value among prospective buyers under 30: $92,768 Average home value among prospective buyers 30 and older: $775,543 $ difference: $682,775 % difference: 88.0% Buffalo, NY (58.0% less expensive), Milwaukee (58.5% less expensive), and Salt Lake City (60.9% of all mortgage debt.

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Mortgage Buyers Home Value Appraisal 335

Appraisal Buzz

JANUARY 8, 2025

Even these notable metro areas appear modest in comparison to the double-digit yearly appreciation observed in 2021 and 2022, but home value growth is expected to level out this year. With an anticipated growth rate of 4.2%, Hartford is in the lead. 13 position this year.

Buyers 370

Buyers Sellers Home Value Construction 370

Appraisal Buzz

OCTOBER 30, 2024

home value is currently $359,892, up 2.7% “Credit unions should lean into this fact and leverage available tools such as trended data and advanced analytics to seek out those consumers who may be able to refinance.” According to Zillow , the average U.S. year-over-year.

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Finance Buyers Mortgage Home Value 393