Remove Home Value Remove Inspection Remove Sellers
article thumbnail

Market Correction or Seller Panic?

Appraisal Buzz

Therefore, it begs the question: what will happen to home values? To answer this question, we must consider the historical correlation between interest rates and home price appreciation. Since 1976, mortgage interest rates and home price appreciation have had a positive, but weak relationship.

Sellers 435
article thumbnail

Total Home Valuex from CoreLogic leverages machine learning to simplify and standardize valuation

Housing Wire

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

Valuation 356
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Record Share of Million-Dollar Homes Makes Buying More Challenging

Appraisal Buzz

The record high in home prices—the median sale price nationally increased by 4% in June—has led to a record high in the percentage of American homes valued at $1 million or more. Many Bay Area buyers–especially those without tech money–are getting more selective, jumping ship if a small problem comes up in, say, the inspection.

article thumbnail

Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

article thumbnail

Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

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. Its up to us as agents to stay engaged and stay in contact with our clients.

article thumbnail

Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is." Some are waiving appraisals and others are even offering to waive inspection contingencies.

article thumbnail

Listing Checklist for Home Sellers

Listing Spark

Pre-Listing Home Selling Checklist Pricing Analysis: Pricing is paramount to a successful sale. Start with a home seller’s checklist to ensure you are organized and prepared. Know your finances: Once you have determined your price, you can start to calculate what your final take home will be.

Sellers 69