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%

Inventory 448

Inventory Home Value Housing Market Buyers 448

Appraisal Buzz

AUGUST 8, 2024

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 New Brunswick’s total home value surged 13.3% This represents a $3.1

Valuation 417

Valuation Housing Market Marketing Home Value 417

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. According to the most recent data from the S&P CoreLogic Case-Shiller Home Price Index, U.S. home prices rose by 3.6% year over year in October 2024.

Appraisal 397

Appraisal Valuation Home Value Housing Market 397

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.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

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.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

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. As a result, the local housing market is going to be subdued in 2023, especially in the first half of the year.

Housing Market 459

Housing Market Marketing Inventory Sellers 459

Appraisal Buzz

JANUARY 8, 2025

According to new Zillow research, Buffalo, New York, is projected to be the hottest major housing market in 2025. This is the first time a market has held the title for consecutive years. Construction that keeps pace with an areas growth remains a crucial piece of keeping homes available and accessible.

Buyers 370

Buyers Sellers Home Value Construction 370

Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% Metro results for home sellers.

Sellers 435

Sellers Investing Housing Market Real Estate 435

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.

Home Value 221

Home Value Sellers Housing Market Buyers 221

Housing Wire

JANUARY 18, 2023

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 “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

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%

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

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. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Housing Market 370

Housing Market Marketing Construction Inventory 370

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Provide value Offer engaging content that both informs and entertains. Gather information from reputable sites like HousingWire or NAR for the latest market news.

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

AUGUST 8, 2024

New construction has contributed heavily to the year-over-year rise, with the total number of homes increasing by about 800,000. Mortgage rates have started falling , but many potential sellers and buyers are waiting to make a move, meaning we are likely to continue seeing a pattern where prices slowly tick up,“ Zhao added.

Home Value 459

Home Value Housing Market Construction Buyers 459

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market.

Housing Market 468

Housing Market Inventory Buyers New Listings 468

Appraisal Buzz

OCTOBER 17, 2024

The nationwide investment return ticked downward as home-price spikes that had buoyed the housing market during the spring of this year flattened out, leaving the U.S. median home value virtually unchanged at approximately $360,000. He added that “this is far from a warning sign that the long market boom is ending.

Sellers 221

Sellers Home Value Investing Housing Market 221

Appraisal Buzz

JULY 16, 2024

“A growing segment of homes that aren’t competitively priced or well marketed are lingering on the market. Sellers are increasingly cutting prices to entice buyers struggling with affordability,” said Dr. Skylar Olsen, Chief Economist for Zillow. markets, even when putting 20% down. year-over-year.

Home Value 397

Home Value Inventory Buyers Sellers 397

Appraisal Buzz

OCTOBER 8, 2024

To rank the 50 largest metro areas in the US by percentage of vacant homes, LendingTree examined the most recent data from the American Community Survey conducted by the U.S. They also examined the causes, as knowledge of an area’s vacancy rate might be crucial to comprehending the general state and nature of its housing market.

Home Value 418

Home Value Housing Market Marketing Investors 418

Housing Wire

OCTOBER 3, 2022

Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The market grew from just 1.7 months of for-sale inventory to 3.1

Inventory 529

Inventory Home Value Housing Market Mortgage 529

Housing Wire

JULY 25, 2023

Impact on home values and sales In the meantime, real estate agents in Florida and California are concerned that the rising homeowners’ insurance costs in their states will have a negative impact on homeownership. In addition to impacting homebuyers, in Florida, Williams believes rising insurance costs may lead to lower home values.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. homes, valued at $19.7 homes, worth $13.6 of homes in the U.S., valued at nearly $7.7 ” U.S.

Tools 468

Tools Insurance Home Value Technology 468

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” As rates rise, it becomes more expensive to borrow money for a home purchase.

Sellers 397

Sellers Inventory Housing Market Buyers 397

Housing Wire

NOVEMBER 19, 2024

Homeowners are sitting on a record level of about $35 trillion in home equity — more than double the equity levels recorded prior to the financial crisis and housing market collapse of the late 2000s. But they “are now able to fund a comfortable retirement using the wealth stored in their homes,” according to the report.

Home Value 418

Home Value Mortgage Sellers Finance 418

Housing Wire

JUNE 5, 2024

home values is growing faster that the more commonly viewed metric of listing price. By comparison, the national median list price for a home jumped 37.5% Buyers, sellers and agents can then assess whether a property is priced appropriately based on factors such as location and condition.

Agents 523

Agents Home Value Buyers Real Estate 523

Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

Housing Market 397

Housing Market Finance Marketing Mortgage 397

Housing Wire

JANUARY 17, 2024

This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

Finance 482

Finance Real Estate Agent Real Estate Insurance 482

Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market. Here are 7 trends to watch in the 2022 appraisal market. Here are 4 macro trends impacting the 2022 housing market. 2022 Forecast series.

Housing Market 370

Housing Market Inventory Home Value Marketing 370

Housing Wire

JANUARY 2, 2023

Nichole Bachaud, Zillow ’s senior economist, added: “With the winter quickly approaching, a time where housing market activity typically stagnates, home values are expected to continue their slide down. But these minor price drops aren’t enough to really impact affordability and thus demand.

Home Value 418

Home Value Housing Market Contracts Sellers 418

Appraisal Buzz

SEPTEMBER 5, 2024

The panel’s latest estimates of national home price growth are higher than last quarter’s expectations of 4.3% Terry Loebs , Founder of Pulsenomics, said: “Despite robust home value growth in the first half of 2024, our panelists anticipate a slowdown in price appreciation for the remainder of the year and beyond.

Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

MARCH 9, 2022

This means that a homeowner who purchased a typical single-family existing home 10 years ago at the median sales price of $162,600 is likely to have accumulated $229,400 in housing wealth, with 86% of the wealth gain attributed to price appreciation. in 2010.

Home Value 468

Home Value Realtors Marketing Inventory 468

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. So, while the rate of home-price gains is trending downward, home values are still appreciating overall.

Marketing 435

Marketing Government Mortgage Sellers 435

Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Automated marketing: Yes.

Advertising 459

Advertising Real Estate Tools Sellers 459

Appraisal Buzz

JULY 25, 2024

Home Sales Report , typical single-family home and condo sales in the U.S. for home sellers. The increase in price did contribute to sellers’ average raw earnings of more than $130,000. When the national return on median-priced house sales peaked at 64.3% According to ATTOM’s second-quarter 2024 U.S.

Investing 418

Investing Sellers Home Value Marketing 418

Lamacchia Realty

OCTOBER 25, 2024

Single families: $954,233 (2023) | $955,546 (2024) Condos & Townhomes: $477,882 (2023) | $501,839 (2024) Homes Listed For Sale in South Florida: T he number of homes listed is up by 3.6% 2024: 10,013 2023: 9,667 2022: 9,054 Pending Home Sales in South Florida: The number of homes placed under contract is down by 12.1%

Real Estate 74

Real Estate Sellers Buyers Home Value 74

Appraisal Buzz

JUNE 24, 2024

Even during a period when home values are typically at their lowest, many prospective first-time buyers were unable to reach their long-term financial goal of becoming homeowners in Q1, according to the Q1 2024 First-Time Home Buyer Affordability Report from Nerdwallet.

Buyers 274

Buyers Advertising Inventory Home Value 274

Empire Appraisal Group

SEPTEMBER 22, 2022

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

Home Value 78

Home Value Real Estate Brokerage Construction 78