Housing Wire

DECEMBER 17, 2020

2020 has been a remarkably strong year for the housing market. Sales volume has remained elevated compared to last year since about mid-June, home values are growing more quickly than they have in 15 years and homes are typically selling a full three weeks faster than a year ago. million homes sold – 21.8%

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Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

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Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. economy has remained resilient, backed by a very strong labor market, sky-high job openings and low unemployment. in September 2022. The overall U.S.

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Appraisal Buzz

JUNE 13, 2024

But which areas are most at risk of seeing their housing markets go into a downturn as a result of shifting market conditions? A r eport from ATTOM reveals that California, New Jersey and Illinois have the highest concentrations of at-risk markets in the country. considered most exposed to potential drop-offs.

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Housing Wire

SEPTEMBER 7, 2022

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. . While July’s home price grew 14.5%

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Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6%

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Housing Wire

FEBRUARY 4, 2021

A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. rise in urban home values, and St. growth in urban home values.

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Housing Wire

OCTOBER 13, 2022

Key findings of the study show: On a national scale, the median value of a mobile home is $61,400 to $220,000 less than that of a single-family home, although median mobile home values increased by an average of 34.58% from 2016 to 2021. Only in these states are median mobile home values more than $100,000.

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Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw. year-over-year increase in home values. It is just a super tight housing market.

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Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. The table also reports the year-over-year percent change in new listings for each market. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022. Table 1, below, reports the 10 hottest U.S. Bellingham, WA 51.7% -8.3%

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Housing Wire

NOVEMBER 18, 2022

The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”. Both a pullback in demand and limited supply remain vexing problems for the housing market. Total housing inventory at the end of October was 1.22 million units, which was down 0.8%

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Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

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Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Both pose threats to access to capital, the cost of materials and labor, and future housing values.

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Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Still, Augusta home prices are not immune to national trends.

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Appraisal Buzz

OCTOBER 19, 2021

A new study has found that monthly growth in both home values and rents eased in September, continuing a seasonal calming that began late summer. The post Upcoming Winter Season Cools Housing Market appeared first on theMReport.com. The post Upcoming Winter Season Cools Housing Market appeared first on Appraisal Buzz.

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Housing Wire

NOVEMBER 8, 2022

Revenue and net income were both down for Fannie Mae and Freddie Mac in the third quarter, and the two government sponsored entities (GSEs) expect the housing market to deteriorate further in the fourth quarter. “Credit-related expense for the third quarter was primarily driven by lower actual and projected home prices.”

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Housing Wire

NOVEMBER 7, 2022

High mortgage rates and looming economic uncertainty caused trillions in equity to evaporate from the housing market in the third quarter of 2022, according to Black Knight ’s mortgage monitor report. Equity among mortgaged homes dropped by about $1.5 Annualized price appreciation slowed to 10.7% in September, a 1.2%

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Realvals

DECEMBER 16, 2022

These charts present an accurate depiction of the Larkspur, California housing market using data from the local MLS (BAREIS MLS). This data offers a comprehensive view of the true market trends in the area. Bookmark this page if you want to keep up with the trends in the Larkspur housing market. *.

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Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. ” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.”

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Realvals

JANUARY 4, 2023

The charts provided accurately depict the real estate market in Tiburon, California, using data from the local Multiple Listing Service (BAREIS MLS). These charts are updated monthly and include a full year of information, giving a complete view of current market trends in the area. Tiburon Homes For Sale vs. Homes That Have Sold.

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Realvals

NOVEMBER 8, 2022

The charts below show a visual representation of the Sausalito, California, housing market. The numbers in these charts come straight from BAREIS MLS, so you have a real look into the real trends in the market. Please bookmark this page if you want to keep up with the trends in the Sausalito, California, housing market. *.

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Realvals

JANUARY 5, 2023

The charts below offer a realistic portrayal of the housing market in San Francisco, California. The data comes directly from the local Multiple Listing Service (BAREIS MLS), providing a more comprehensive understanding of the true trends in the market. San Francisco Homes For Sale vs. Homes That Have Sold.

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Appraisal Buzz

MAY 19, 2022

According to the latest Zillow Real Estate Market Report, the housing market is as competitive as ever, moving at record pace. Buyer demand has been strong enough to keep the market moving at a record pace, even after a massive spike in mortgage rates.

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Realvals

DECEMBER 14, 2022

The following charts provide a comprehensive view of the San Anselmo, California housing market, using data from the local MLS (BAREIS MLS). Bookmark this page if you want to keep up with the trends in the San Anselmo housing market. *. San Anselmo Average Days on Market and Sale Price/List Price %.

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Real Estate News

MARCH 15, 2023

With the value of its residential real estate surpassing $3.6 trillion, Florida edged out New York but trails California among markets with the top home values.

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Housing Wire

NOVEMBER 18, 2024

in October—fueled by rising housing and insurance costs—and mortgage rates having edged back above 7%, homeownership remains a distant goal for many living in the U.S. For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country. Last year, 44.5

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Empire Appraisal Group

JUNE 20, 2024

Florida Home Values Skyrocket By Jennifer Torres The average Florida home value doubled in six years. MIAMI – The national median home price is twice what it was ten years ago. Molded by a storm of inflation, tight supply and surging demand, the average home price in the U.S. ©2024 Advance Local Media LLC.

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Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

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Housing Wire

JULY 25, 2023

According to a survey of roughly 2,000 U.S. Among the top migration destinations most impacted by climate risk, coastal Florida has seen nearly 60,000 more people move in than move out over the past two years.

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Appraisal Buzz

OCTOBER 16, 2024

The “last call” for homes before the holiday shopping season ends is being boosted by reduced mortgage rates, which is attracting increased interest from both buyers and sellers. According to Zillow ‘s most recent market report, there was a surge in activity throughout September due to another break in mortgage rates. in September.

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Appraisal Buzz

DECEMBER 17, 2021

As home values continue to trend upward, inventory is heading in the opposite direction, setting the stage for a more competitive market this winter. The post Competition Set to Return to the Housing Market? The post Competition Set to Return to the Housing Market? appeared first on DSNews.

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Realvals

DECEMBER 13, 2022

The Novato, California housing market is accurately depicted in the following charts. The data is sourced directly from the local MLS (BAREIS MLS), providing a comprehensive view of the real estate trends in the market. Bookmark this page if you want to keep up with the trends in the Novato housing market. *.

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Housing Wire

JULY 25, 2023

“State Farm General Insurance Company made this decision due to historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market,” the company wrote on its website.

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Inman

FEBRUARY 28, 2024

Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin's latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in December 2023 — a 5.3 percent annual difference.

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Realvals

NOVEMBER 7, 2022

The following charts provide a realistic representation of the San Rafael, California, housing market. The data comes straight from the local MLS (BAREIS MLS), giving you a much more in-depth look into the real trends in the market. San Rafael Homes For Sale vs. Homes That Have Sold. San Rafael Months of Inventory.

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Realvals

NOVEMBER 11, 2022

The five charts in the article below provide you with a visual representation of the Mill Valley housing market over the last year. Bookmark this page if you want to keep up with the trends in the Mill Valley housing market. *. Hopefully, these charts will give you a better understanding of your local or potential market.

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