Housing Wire

NOVEMBER 7, 2023

single-family home was $3,901, up 3% compared to 2021, ATTOM reported. ATTOM’s figures are estimates based on an analysis of local tax data, home values and the use of an automated valuation model. High tax burdens can play a major factor in whether buyers get priced out of a potential home purchase,” Barber said.

Property Taxes 541

Property Taxes Home Value Government Valuation 541

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. 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. 1] [link]. [2]

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

MARCH 9, 2021

In 2019, the typical homeowner in a primarily white neighborhood had $33,000 more home equity than the typical homeowner in a primarily Black neighborhood. “Significant gains in home values fueled equity gains from 2019 to January 2021 for homeowners of all races,” the press release stated.

Home Value 497

Home Value Market Value Brokerage Inventory 497

Housing Wire

JULY 8, 2024

That has complicated the issues around ownership of the home according to the child of those buyers, who said that interest accumulation on the loan has potentially outpaced its market value.

Mortgage 430

Mortgage Design Architecture Market Value 430

Inman

FEBRUARY 22, 2023

In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession.

Market Value 148

Market Value Marketing Real Estate Home Value 148

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. How is Home Value Measured?

Renovations 123

Renovations Home Value Valuation Market Value 123

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

Lending 459

Lending Home Value Mortgage Renovations 459

Housing Wire

FEBRUARY 3, 2025

.” Over-assessed homes are likely to lead to higher property taxes, according to Ownwell. The company said that commonly used, outdated appraisal systems often produce incorrect home values. Ownwell can identify an over-assessed home and formally request a reduction on the homeowner’s behalf.

Property Taxes 306

Property Taxes Home Value Market Value Technology 306

Housing Wire

NOVEMBER 23, 2021

Neighborhood Homes is a practical solution for communities in which the cost of renovating or building a home exceeds its market value after the work is complete. The percentage of homes in Rehabbed & Ready neighborhoods purchased with a mortgage grew an additional 5.6%

Investing 476

Investing Renovations Construction Development 476

Appraisal Partners Blog

SEPTEMBER 24, 2024

Imagine you’re ready to sell your home, but you’re unsure of its value. A home value comparative market analysis (CMA) is the answer. A CMA compares your property with similar homes that were recently sold. This helps you understand where your home fits in the market.

Home Value 78

Home Value Marketing Market Value Sellers 78

Houston Properties

JANUARY 19, 2024

Houston Comparative Market Analysis for selling your Houston home. Free Houston Market Value of my home free. Free Houston home value report.

Home Value 69

Home Value Market Value Marketing 69

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Appraisal Buzz

JANUARY 31, 2025

were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. The last few months of 2024 marked pretty much a holding pattern for the housing market, says Rob Barber, CEO for ATTOM, in the report.

Market Value 195

Market Value Housing Market Home Value Mortgage 195

Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

Home Value 75

Home Value Architecture Renovations Real Estate 75

Cleveland Appraisal Blog

AUGUST 6, 2021

It’s not lost on me that, to be competitive, a buyer may be asked to waive the home inspection. HOME VALUES AND OVER-PAYING. Some buyers are paying over market value for their homes. In many cases, if they want the home, they may have to do so. In many areas, property taxes can be expensive.

Buyers 243

Buyers Property Taxes Inspection Market Value 243

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

Market Value 74

Market Value Marketing Real Estate Agent Real Estate 74

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Investing in hardwood represents a commitment to long-term appeal.

Home Value 74

Home Value Buyers Realtors Realty 74

Birmingham Appraisal

MARCH 4, 2025

Heres why: When a traditional appraisal is waived, the lender determines the homes value using automated valuation models ( AVMs ) instead of an appraisers independent analysis. The lender’s valuation may aid them in the underwriting of the loan but it may not accurately reflect the market value of the home.

Appraisal 63

Appraisal Valuation Home Value Market Value 63

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. Obsolescence can cause a loss in home value. This is from a home I recently appraised.

Market Value 244

Market Value Appraisal Marketing Buyers 244

Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. That’s right!

Appraisal 305

Appraisal Real Estate Agent Real Estate Valuation 305

JMV Lending

AUGUST 11, 2023

Rates shot up because of Fed comments about inflation concerns yesterday and because of a higher-than-expected Producer Price Index print […] The post How Much Power Do Appraisers Have Over Market Values? Holy Rate Volatility, Batman! appeared first on JVM Lending.

Market Value 78

Market Value Appraisal Marketing Lending 78

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

Appraisal 78

Appraisal Valuation Property Taxes Inspection 78

Cleveland Appraisal Blog

OCTOBER 14, 2021

Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. To “think outside of the box” when valuing a property. I kid you not! Housing Bubble-Icious.

Inventory 243

Inventory Market Value Appraisal Contracts 243

National Association of Realtors

AUGUST 1, 2023

The answer to who can set market value involves buyers, sellers—and the very definition of “value.”

Home Value 69

Home Value Market Value Appraisal Sellers 69

Housing Wire

MAY 25, 2021

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold. Single Model Methodology Is the Single Best Approach.

Valuation 220

Valuation Training Home Value Appraisal 220

Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

Home Value 69

Home Value Valuation Mortgage Real Estate 69

Hank Miller Team

JANUARY 25, 2022

Conditions of the sale are subject to untold variables – economy, location, condition, inventory, local market, concessions, commissions, time of sale…different day, different price. Market Value Market value anticipates the “a home should sell for” question. It is often a percentage of fair market value.

Home Value 52

Home Value Market Value Buyers Inventory 52

Housing Wire

AUGUST 3, 2023

This data includes comparative home sales and market trend, be unbiased, use machine learning to predict home values from historic trends and identify complex patterns like changing crime rates or school overcrowding and continuously monitor the market in real-time.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Texas Home Appraisal Blog

JUNE 8, 2016

Understanding the way a price is set per square foot and how it works is seeing and understanding the market value of properties. The post Does Price Per Square Foot Give An Accurate Home Value? appeared first on Austin Home Appraisal Team. There are other factors that are taken into consideration.

Home Value 36

Home Value Market Value Real Estate Appraisal 36

Birmingham Appraisal

JANUARY 29, 2025

Whether its for a legal case or determining fair market value for an estate, these appraisers are just as important in providing accurate and reliable valuations. For example, a finished basement with heating and cooling might add some value, but its usually not valued the same as the main living area.

Appraisal 63

Appraisal Appraisal Process Valuation Buyers 63

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. Let’s explore how appraisals work!

Appraisal 158

Appraisal Appraisal Process Buyers Training 158

Realtor

AUGUST 7, 2019

Appraisal value isn’t always the same as market value. We know, the lingo can be confusing, but trust us on this one: The “appraisal value” isn’t always the same as the “market value” of your home. So how is market value determined, if not with an appraisal? The final word?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Town & Country Residential Appraisals

JANUARY 27, 2020

But to the original claim that fluffing decreases home values, lets explore how. Lets say we have a home that will need extensive renovation, and is beyond a “handy man’s” skills. What happens if we “Fluff” the property to a home with great “potential?” With binoculars. On an extremely clear day.

Home Value 36

Home Value Decorating Investors Real Estate Agent 36

Buys Brokers Only LLC

JULY 7, 2021

When a homebuyer buys a home, the mortgage lender will want to know whether the house, condominium, or multi-family home is worth the amount of money the homebuyer has agreed to pay. The lender needs to evaluate the home to discover anything that might negatively or positively impact the home's fair market value.

Appraisal 68

Appraisal Home Value Market Value Mortgage 68

DW Slater Company

FEBRUARY 23, 2023

Closely studying our markets is very crucial in understanding current market value for appraisers. Not every market is the same. The charts presented here are just overall trends for all single-family homes in each county. Each specific market is different. Until we have more inventory, prices will hold.

Inventory 133

Inventory Marketing Supply Chain Appraisal 133

Eppraisal

JANUARY 12, 2024

By focusing on these priority projects in the coming months, you're not only ensuring the longevity of your property but also enhancing its market value. A well-maintained home speaks volumes to potential buyers and contributes to a thriving community.

Home Value 36

Home Value Inspection Modernization Buyers 36

JMV Lending

MARCH 16, 2022

“I knew a guy who sold his house for $100,000 under the market value because he felt like it…” said nobody. My point is that no seller is ever going to knowingly sell a property for under market value in this day and age – when listing information is made available to everyone via […].

Appraisal 78

Appraisal Market Value Lending Sellers 78