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StreetWire partners with MetroList on home value insurance product

Housing Wire

Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values. Home Value Lock is currently available only in California. “As

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Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

As part of the debate surrounding the National Association of Realtors (NAR) Clear Cooperation Policy which mandates that a property be listed on the MLS within 24 hours Zillow has become a vocal supporter of the policy. million sales transactions, comparing homes that sold on the MLS with privately listed sales.

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Low-income owners’ home values have increased by 75% since 2012

Housing Wire

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. The highest median home value was among Asian Americans at $521,620.

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Survey: Cluttered Yards and Neighbors’ Junk Can Slash Home Values

Appraisal Buzz

What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit? A team of researchers for StorageUnits.com surveyed some 500 licensed agents to determine how clutter in and around a seller’s home, as well as the surrounding neighborhood, impacts a property’s asking price.

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Single Women Defying Housing Market Trends

Appraisal Buzz

According to a National Association of Realtors (NAR) survey , many are cutting back on non-essential spending, canceling vacations, and even taking second jobs to save for a down payment and afford homeownership. Each mortgage payment serves as a form of forced savings, helping homeowners build wealth over time.

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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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NAR: Existing-Home Sales Jumped 4.2 Percent in February 

Appraisal Buzz

Existing-home sales increased 4.2% million, according to the National Association of Realtors (NAR). Regionally, and month-over-month, existing-home sales were down 2.0% Each one percentage point gain in home price translates into an approximately $350 billion increase in housing equity for American property owners, Yun adds.