Appraisal Buzz

FEBRUARY 17, 2022

Homebuyers are facing another challenging shopping season, as Zillow revealed its latest monthly report showing record-breaking low inventory, and unprecedented price growth. The Zillow Home Value Index (ZHVI) rose 1.5% The post Housing Inventory Plunges to Record Lows appeared first on Appraisal Buzz. from a year ago.

Inventory 195

Inventory Home Value Appraisal 195

Appraisal Buzz

JULY 16, 2024

elementor-widget-heading.elementor-heading-title.elementor-size-xxl{font-size:59px} A rise in inventory The total number of homes on the market has risen throughout the year, ticking up 4% from May 2024 to June 2024 to stand nearly 23% above last year’s low level. Home values held steady in New Orleans and Denver.

Home Value 397

Home Value Inventory Buyers Sellers 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.

Home Value 439

Home Value Inventory Valuation Housing Market 439

Appraisal Buzz

JUNE 12, 2024

May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. Home values are up from year-ago levels in 46 of the 50 largest metro areas. Home values are down from year-ago levels in three major metro areas. Inventory levels are 33.8%

Sellers 397

Sellers Buyers New Listings Home Value 397

Inman

APRIL 15, 2024

Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow.

Home Value 147

Home Value Inventory Marketing Buyers 147

Appraisal Buzz

SEPTEMBER 16, 2024

According to Zillow’s most recent market report , reduced mortgage rates and more inventory are providing house buyers with a window of opportunity at an uncommon time of year. For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Inventory levels are -30.8% from last month.

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Buyers Inventory New Listings Home Value 396

Housing Wire

MARCH 15, 2024

Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. The typical home in the U.S. was worth $349,216 in February, according to the Zillow Home Value Index. That’s up 4.2% compared to February of 2023.

New Listings 492

New Listings Inventory Home Value Contracts 492

Appraisal Buzz

JULY 10, 2024

VeroFORECAST evaluates home prices in over three hundred of the nation’s largest housing markets, and the company is committed to the data science of predicting home value based on rigorous analysis of the fundamentals and interrelationships of numerous economic, housing, and geographic variables pertaining to home values.

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Home Value Inventory Housing Market Buyers 390

Realvals

JANUARY 4, 2023

Tiburon Months of Inventory. The chart below shows the inventory level in the Tiburon housing market as of the data snapshot. The post Tiburon Home Values (Housing Market Trends and Charts) appeared first on Realvals. These averages are calculated by dividing the total for the month by the number of sales or listings.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Appraisal Buzz

AUGUST 5, 2024

Record-breaking equity and eased leverage The growth in home equity has outpaced the rise in mortgage debt, reducing overall market leverage. of underlying home values, down from 44.6% of mortgage holders have less than 10% equity in their homes. Total mortgage debt is now equivalent to 44.1% year-over-year.

Inventory 397

Inventory Home Value Mortgage Lending 397

Realvals

DECEMBER 16, 2022

Larkspur Months of Inventory. The chart displays the inventory level in the Larkspur housing market as of the data snapshot. The post Larkspur Home Values (Housing Market Trends and Charts) appeared first on Realvals. These averages are obtained by dividing the total for the month by the number of sales or listings.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Appraisal Buzz

SEPTEMBER 27, 2024

Researchers for LendingTree found home values in the country’s priciest micro politan areas (“towns” for the purposes of their report) rival those in the nation’s largest metros. In Vineyard Haven, for example, the median value of a home is 10.71 The median home value in these areas is an average of only 2.95

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Home Value Real Estate Buyers Construction 370

Realvals

DECEMBER 14, 2022

San Anselmo Months of Inventory. The final chart shows the level of inventory in the San Anselmo housing market at the time of the data snapshot. The post San Anselmo Home Values (Housing Market Trends and Charts) appeared first on Realvals.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Realvals

NOVEMBER 8, 2022

Sausalito Inventory. This chart shows the amount of inventory in the Sausalito, California, real estate market at the time the data was recorded. The post Sausalito Home Values (Housing Market Trends and Charts) appeared first on Realvals.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Realvals

JANUARY 5, 2023

San Francisco Inventory. The chart below displays the inventory level in the San Francisco housing market as of the data snapshot. The post San Francisco Home Values (Housing Market Trends and Charts) appeared first on Realvals.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Appraisal Buzz

SEPTEMBER 10, 2024

Realtor.com’s Sixth Annual “ Best Time to Buy Report ” examined listing prices, inventory levels, new “fresh” listings, time on market, homebuyer demand, and price reductions, revealing that the “Best Time to Buy” in 2024 will be the week of September 29-October 5. home value is presently $362,481, up 3.3% over the past year.

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Inventory Buyers New Listings Marketing 397

Inman

DECEMBER 5, 2023

Windermere Real Estate Chief Economist Matthew Gardner offers his 2024 forecast for interest rates, home values and the potential for a housing market recovery.

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Inventory Home Value Real Estate Housing Market 139

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

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Inventory Home Value Marketing 226

Realvals

DECEMBER 13, 2022

Novato Months of Inventory. “This chart shows the inventory levels in the Novato housing market at the time of the data snapshot. The inventory levels were calculated by dividing the number of properties listed for sale by the number of properties that had sold.”

Home Value 60

Home Value Housing Market Marketing Inventory 60

Housing Wire

NOVEMBER 18, 2024

Home insurance premiums have climbed 45% from 2017 to 2022, contributing to a slowing sales market. In California, where housing affordability is a longstanding issue, low inventory and intense competition have driven the average home value to $771,057, with Los Angeles nearing $947,245, according to Zillow data.

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Real Estate Agents Real Estate Agent Marketing 341

DW Slater Company

FEBRUARY 23, 2023

The biggest answer is inventory. The inventory is still at very low levels. No longer are homes selling above list price (see Percent of Orignal Price chart below ) In fact they are selling at a more reasonable 5% below list price. Until we have more inventory, prices will hold.

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Inventory Marketing Supply Chain Appraisal 130

Inman

JUNE 12, 2023

home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets.

Inventory 120

Inventory Home Value Marketing Investing 120

Appraisal Buzz

JUNE 20, 2024

In fact, down payment assistance providers have responded to the difficult housing market by increasing the number of programs offered and expanding inventory options with support for manufactured homes and owner-occupied multi-unit homes.” Locating pockets of affordability In 10 major U.S. Lucie, Florida, which experienced a 5.7%

Home Value 397

Home Value Buyers Housing Market Inventory 397

Realvals

NOVEMBER 7, 2022

San Rafael Months of Inventory. This chart represents the amount of inventory in the San Rafael housing market at the time of the data snapshot. The post San Rafael Home Values (Housing Market Trends and Charts) appeared first on Realvals.

Home Value 60

Home Value Housing Market Marketing Inventory 60

Housing Wire

JUNE 10, 2024

The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic , mainly due to a lack of inventory, according to the study. Bankrate estimates these costs at 2% of the typical home value, which stood at $436,291 in March, according to Redfin.

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Property Taxes Insurance Home Value Inventory 513

Housing Wire

OCTOBER 3, 2022

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. Much of that depends on how much inventory returns to the market. months of for-sale inventory to 3.1

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Inventory Home Value Housing Market Mortgage 529

Realvals

NOVEMBER 11, 2022

Monthly Inventory in Mill Valley. This chart shows the number of available homes (Inventory) at the time the data was recorded. The post Mill Valley Home Values (Housing Market Trends and Charts) appeared first on Realvals.

Home Value 60

Home Value Housing Market Marketing Inventory 60

Housing Wire

APRIL 15, 2024

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. These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers.

Housing Market 461

Housing Market Inventory Buyers New Listings 461

Housing Wire

SEPTEMBER 9, 2024

Given this inventory and Miami’s status as a premier destination for luxury real estate, top-performing agents remain dominant in the market, handling a significant share of the transaction volume. This exclusive enclave boasts a median home value of over $10,350,000, making it one of the most expensive ZIP codes in the United States.

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Real Estate Agents Marketing Real Estate Agent 426

Housing Wire

JULY 6, 2022

Home price growth slowed in May, showing signs of a cooling housing market. But housing is the least affordable it has been since the mid-1980s as mortgage rates rise and home values soar, driven by low housing inventory, a new Black Knight report suggests. in May from a revised 20.4% Prices, however, are still up 1.5%

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Inventory Home Value Housing Market Mortgage 415

Housing Wire

NOVEMBER 22, 2023

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. 2019 level.

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Inventory Home Value Housing Market Buyers 481

Appraisal Buzz

AUGUST 19, 2024

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. Even though the inventory has lately increased, many homeowners are locked in by low rates, thus it is still roughly 30% below pre-pandemic levels.

Home Value 390

Home Value Luxury Properties Buyers Inspection 390

Appraisal Buzz

OCTOBER 18, 2024

The housing market remains structurally underbuilt, and homeowners with locked-in low mortgage rates are keeping existing-home inventory limited. home value is $359,892, up 2.7% over the past year, which may further cause affordability issues for potential home buyers. And as Zillow reports , the average U.S.

Construction 418

Construction Housing Market Inventory Home Value 418

Appraisal Buzz

JUNE 13, 2024

Recent housing reports suggest that inventory is increasing and, as a result, home prices are starting to drop in certain areas, resulting in improved affordability. At the other end of the risk spectrum, 22 of the 50 markets considered least likely to decline in home values were in in Virginia, Wisconsin and Tennessee.

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Housing Market Marketing Home Value Inventory 366

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.

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Construction Inventory Housing Market Contracts 459

Housing Wire

MAY 14, 2024

“Inventory and affordability challenges have extended the home buying readiness journey, especially for first-time homebuyers,” FinLocker president and chief operating officer Brian Vieaux said in a statement. million in pre-seed funding in 2016.

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Tools Technology Development Valuation 454

Appraisal Buzz

SEPTEMBER 17, 2024

home value currently stands at $361,282, up 2.9% This analysis shows homeownership may be more within reach than most renters think,” said Zillow Home Loans Senior Economist Orphe Divounguy. With inventory up 22% compared to a year ago, buyers are gaining bargaining power. According to Zillow , the average U.S.

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Buyers Home Value Insurance Mortgage 418