Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6% Pueblo, Colo. ,

Housing Market 545

Housing Market Marketing Real Estate Technology 545

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 In a decade, the value of U.S. New Brunswick’s total home value surged 13.3%

Valuation 417

Valuation Housing Market Marketing Home Value 417

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

Appraisal Buzz

DECEMBER 30, 2024

If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! Will Interest Rates Go Down in 2025?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Appraisal Buzz

OCTOBER 3, 2024

Following the Federal Reserve ‘s 50 basis point reduction in the jumbo rate in September, mortgage rates significant fell to a 24-month low, prompting sellers to move. The Realtor.com 2024 September Housing Report states that actively listed properties increased by 34.0%, while newly listed homes increased by 11.6% fall in August 2024.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

SEPTEMBER 9, 2024

Miami stands as one of the most dynamic and valuable real estate markets in the United States. While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors.

Real Estate 364

Real Estate Agents Marketing Real Estate Agent 364

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. The housing market won’t be like this forever.

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. economy has remained resilient, backed by a very strong labor market, sky-high job openings and low unemployment. in September 2022. The overall U.S.

Housing Market 445

Housing Market Marketing Inventory Sellers 445

Appraisal Buzz

JULY 16, 2024

homebuying season, Zillow’s latest monthly report finds that home listings are beginning to pile up as buyers step back from the peak of home shopping season earlier than usual. “A A growing segment of homes that aren’t competitively priced or well marketed are lingering on the market. since pre-pandemic times.

Home Value 397

Home Value Inventory Buyers Sellers 397

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

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. The National Association of Home Builders reports that 27% of builders report using temporary rate buydowns as a home-purchase incentive.

Marketing 435

Marketing Government Mortgage Sellers 435

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. 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 You need a buyer and seller,” Brown said.

Housing Market 444

Housing Market Marketing Insurance Mortgage 444

Appraisal Buzz

JULY 19, 2021

Housing inventory saw significant recovery for the second straight month in June, indicating that the market may be on the road to rebalancing after a long stint of being heavily in sellers’ favor, according to the latest Zillow Real Estate Market Report.

Inventory 370

Inventory Home Value Real Estate Sellers 370

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. home this month was listed at $362,143.

Buyers 396

Buyers Inventory New Listings Home Value 396

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. Much of that depends on how much inventory returns to the market.

Inventory 529

Inventory Home Value Housing Market Mortgage 529

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. What should be the most competitive markets for buyers this year share two characteristics: relative affordability and a dearth of available homes.

Buyers 370

Buyers Sellers Home Value Construction 370

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. Among the 50 largest U.S.

Agents 458

Agents Home Value Buyers Real Estate 458

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

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. Over the past four years, home prices have increased significantly in many markets, but recently the rate of growth has begun to slow. home prices rose by 3.6%

Appraisal 315

Appraisal Valuation Home Value Housing Market 315

Appraisal Buzz

OCTOBER 8, 2024

In wake of the Fed’s recent rate cut last month, hesitant Americans are becoming open to the idea of entering the market to begin their homebuying journey. However, people actually need homes to do so. There is a concerning housing shortage in the U.S., Census Bureau. million unoccupied housing units.

Home Value 418

Home Value Housing Market Marketing Investors 418

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 411

Housing Market Inventory Buyers New Listings 411

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 384

Home Value Housing Market Construction Buyers 384

Housing Wire

NOVEMBER 21, 2024

Connect with seller leads Purpose: Build trust and start meaningful conversations with potential sellers. Script 1: Initial outreach to sellers Hi [Name], I noticed your home on [Street Name] and wanted to check if you’ve considered selling. I’d love to provide a free market analysis to show you what your home is worth!

Real Estate 339

Real Estate Real Estate Agent Sellers Clients 339

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 430

Tools Insurance Home Value Technology 430

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 313

Housing Market Marketing Construction Inventory 313

Housing Wire

MARCH 9, 2022

NAR’s Housing Wealth Gains for the Rising Middle-Class Markets study examined the distribution of housing wealth between 2010 and 2020 across income groups in 917 metropolitan and micropolitan areas. Despite this decrease, some markets such as Los Angeles and New York, still saw housing wealth rise due to increasing home prices.

Home Value 468

Home Value Realtors Marketing Inventory 468

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

Clients 453

Clients Agents Buyers Sellers 453

Housing Wire

FEBRUARY 25, 2021

The “Zestimate,” Zillow’s catchy ( and soapy ) name for estimated home values, will sometimes be used as the initial offer Zillow plans to pay to purchase a home, the company said on Thursday. Zillow’s own estimated home value is to guide the company on a “limited subset of homes” in 20 markets.

Real Estate Agent 375

Real Estate Agent Home Value Real Estate Loan Officers 375

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 399

Home Value Mortgage Sellers Finance 399

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 Of course, the answer is about why this is not the same market — in any way — to post 2008.

Sellers 395

Sellers Housing Market Inventory Buyers 395

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. According to Zubiate, some buyers are returning to the Bay Area market as a result of the recent decline in mortgage rates. a year earlier.

Home Value 396

Home Value Luxury Properties Buyers Inspection 396

Appraisal Buzz

SEPTEMBER 17, 2024

According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) dropped last week to its lowest level since February 2023, coming in at 6.20%. home value currently stands at $361,282, up 2.9% According to Zillow , the average U.S. year-over-year. The typical rent is 3.4%

Buyers 418

Buyers Home Value Insurance Mortgage 418

Housing Wire

MAY 2, 2021

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

Valuation Home Value Lending Technology 356

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 450

Finance Real Estate Agent Real Estate Insurance 450

Housing Wire

APRIL 9, 2021

” He added: “We’re giving them 100% of the value creation so they make out better in the end, as opposed to an iBuyer program where it’s their business model to buy low and sell high and make the difference in between. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said.

Brokerage 431

Brokerage Real Estate Insurance Clients 431

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. The 10-year Treasury yield hit a low of 4.007% following the Fed’s press conference, declining from 4.202% at market open on Wednesday.

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

JUNE 17, 2024

For over 10 years, they’ve been leveraging big data using a patented artificial intelligence (AI) algorithm that sifts through more than 250 data points to determine which homes and homeowners in your zip code are likely to sell their property in the next 12 months. Want to learn more? Summary Offrs key specs How does Offrs work?

Advertising 377

Advertising Real Estate Tools Contracts 377