Appraisal Buzz

JULY 10, 2024

Veros Real Estate, an enterprise risk management and collateral valuation company, has released it second quarter VeroFORECAST, which projects an average nationwide home price forecast for the forthcoming year. While rising inventory provides more options for buyers compared to that in 2023, prices remain stubbornly high.

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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.

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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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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). Bookmark this page if you want to keep up with the real estate market trends in the town of Tiburon. *. Tiburon Months of Inventory.

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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.

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Realvals

DECEMBER 16, 2022

The third chart displays information about the real estate market in Larkspur. The orange bars represent the average number of days that homes in the city stayed on the market before being sold. Larkspur Months of Inventory. The chart displays the inventory level in the Larkspur housing market as of the data snapshot.

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Realvals

JANUARY 5, 2023

Bookmark this page if you want to keep up with the real estate market trends in San Francisco. *. This resource is intended to help homeowners in San Francisco and those looking to purchase a home gain a better understanding of the local housing market. San Francisco Inventory.

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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.

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Housing Wire

JULY 1, 2024

In the game of housing crisis Rochambeau, we play with income, inventory, and policy. Inventory cannot beat inadequate incomes, but better compensation policies can. GRAPH 1: The distribution of real estate across the different income segments as a percent of the total real estate market in Q3 1989 and Q4 2023.

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Realvals

DECEMBER 13, 2022

The data is sourced directly from the local MLS (BAREIS MLS), providing a comprehensive view of the real estate trends in the market. “If you own a house in Novato or are considering purchasing one, this resource may help you gain a better understanding of the local real estate market.”

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Appraisal Buzz

OCTOBER 3, 2024

“Now that we’re seeing mortgage rates down to their lowest levels in two years, there are signs of movement, with more sellers putting homes on the market even in what’s typically a real estate shoulder season.” September 2024: National Housing Metrics Median listing price : (Change over September 2023: -1.0%

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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.

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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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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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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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Raleigh Realty

JULY 12, 2022

In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? for homebuilding prospects and number two for overall real estate prospects.

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Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Interest rates have gone up, making many people unsure about buying or selling homes. Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market.

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Housing Wire

JULY 25, 2022

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. So, home sales have really gotten completely hammered,” Zandi said.

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Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration. and Austin.

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Housing Wire

DECEMBER 22, 2021

trillion of housing value over the last year, according to a report published by Redfin this week. The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. As a result, the value of U.S. homes grew by 31.4% to $8 trillion.

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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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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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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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Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers.

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Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. For example, if a natural disaster destroyed thousands of homes in a housing market, prices would rise due to the loss of inventory. increase to 6.7%

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Hank Miller Team

MARCH 6, 2024

About two years ago this month, Atlanta real estate and interest rates started a very complex relationship. The Fed slammed the brakes on low rates, and despite the initial wobble, the Atlanta real estate market found stability and firm ground. A balanced market tends to have 3-5 months of inventory, this was down to 1.1

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Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

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Housing Wire

DECEMBER 1, 2022

Boston – The First District’s residential real estate market continued to weaken in September and October … Closed sales were down over-the-year in all reporting markets (which exclude Connecticut), representing a moderate deceleration in sales for single-family homes and a substantial deceleration for condos.

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Housing Wire

OCTOBER 25, 2024

Still, we are already observing weakness in metro areas like Austin, Texas, where fundamentals do not support high real estate prices. Collateral composition is about to become exceedingly important!

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Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. International Geopolitics Foreign governments can also act in ways that stimulate or depress the real estate markets.

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Appraisal Buzz

JULY 1, 2024

The latter two sites seem quite chilly presently, but three years ago they were heralded as the country’s new real estate hot spots, leading the nation in gains during the pandemic. Pandemic boomtown real estate markets, however, continue to seem robust going forward, even in spite of the abrupt reverse.

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Housing Wire

SEPTEMBER 22, 2021

. “Although there was a decline in home purchases, potential buyers are out and about searching, but much more measured about their financial limits, and simply waiting for more inventory,” Yun said. Yun said that the inflated home prices have made “for an unbalanced market, but prices would normalize with more supply.”.

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Listing Spark

SEPTEMBER 30, 2020

In short, huge demand that inventory simply can’t keep up with. Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. Everyone I talk to in the real estate industry is expecting a slow down to come eventually.

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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. The main factor influencing home prices is inventory.

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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 was the first to use predictive analytics to identify patterns in real estate marketing, determining the most likely sellers.

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Housing Wire

MAY 9, 2022

billion in 2020, an increase that ALTA attributed to historic mortgage origination activity and the substantial increase in home values. Incredibly low mortgage rates (led) to an unprecedented increase in real estate transactions and substantially higher home values,” Diane Tomb, the CEO of ALTA said in a statement.

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Housing Wire

NOVEMBER 18, 2022

Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. Both a pullback in demand and limited supply remain vexing problems for the housing market. months in October 2021.

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