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Housing Market Nears $50T Valuation Milestone

Appraisal Buzz

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 In a decade, the value of U.S. homes has more than doubled, rising nearly 120% from $22.7 In a decade, the value of U.S. New Brunswick’s total home value surged 13.3%

Valuation 417
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Opportunity Zone Housing Markets Keeping Pace With Nationwide Price Gains

Appraisal Buzz

In over half of the Opportunity Zones examined, median prices rose by more than 10 percent a year as the country’s protracted housing market bubble persisted. Regardless matter whether the housing market has experienced a sharp upturn, a slight improvement, or a slight decline, that pattern has persisted.

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Home Values Surge in Q2

Appraisal Buzz

of mortgaged residential properties were considered equity-rich, a term indicating that the combined estimated loan balances secured by those properties were no more than half of their estimated market values. of homes were equity-rich, matching a high point reached in the spring of the previous year. in Q1 2024 to 37.4%

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StreetWire partners with MetroList on home value insurance product

Housing Wire

Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values. Someone buys a house for $500,000 but then decides to sell due to a job relocation or an expanding family.

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U.S. Housing Market Stability: Foreclosure Trends 

Appraisal Buzz

According to the opinions of LendingTree staff writer Jacob Channel, with steep housing costs, some Americans may recall the dramatic price surges of the early to mid-2000s, which preceded the Great Recession of 2007-2009. 13,868,075 housing units are vacant. New York, Ohio and Michigan have the most foreclosed homes.

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Ranking the Nation’s Most Searched-for Housing Markets

Appraisal Buzz

markets that have the “it” factor, as Columbus, Ohio; Knoxville, Tennessee; and Louisville, Kentucky claimed the top three spots in terms of popularity with online searchers over the past year. Over the past 12 months, homes in Columbus attracted 0.9% A new report from Realtor.com examines the U.S. times the national level.

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Zombie Foreclosures Hit Record Low in Q3 2024 Amid Housing Market Strength

Appraisal Buzz

The third-quarter 2024 Vacant Property and Zombie Foreclosure Report reveals a significant decline in abandoned homes in foreclosure, reflecting the continued resilience of the U.S. housing market. or one in 76 homes. housing market,” said Rob Barber, CEO of ATTOM. housing market.