Appraisal Buzz

FEBRUARY 18, 2025

Ranking second easiest for sellers is Allentown, Pennsylvania, with 57.4% Zillows latest report states the average home value currently stands at $285,683 in the region, with 46.5% Presently, the average home value stands at $271,900, representing a 4.4% of houses sold. below as of late October last year.

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Sellers Home Value Buyers Real Estate 291

Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% Metro results for home sellers.

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Sellers Investing Housing Market Real Estate 435

Housing Wire

JULY 29, 2022

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale. Naples-Immokalee-Marco Island, FL 53.0% -16.7% Bellingham, WA 51.7% -8.3% increase to 6.7%

Housing Market 435

Housing Market Sellers Marketing New Listings 435

Appraisal Buzz

FEBRUARY 14, 2025

According to recent Zillow data, as the home-buying season draws near, buyers are more affected by persistently high mortgage rates than sellers. Sellers are in a good position, and are willing to make price cuts to close a deal. Homes are selling faster than they did before the pandemic. Home values have increased 2.6%

Sellers 268

Sellers New Listings Buyers Home Value 268

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. The post Home Seller Profit Margins Slide in Q3 first appeared on The MortgagePoint.

Sellers 221

Sellers Home Value Investing Housing Market 221

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. elementor-widget-text-editor:not(.elementor-drop-cap-view-default).elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default).elementor-drop-cap-lett

Home Value 397

Home Value Inventory Buyers Sellers 397

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.

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Tools Insurance Home Value Technology 468

Housing Wire

SEPTEMBER 9, 2024

RealTrends Verified is accessible through RealTrends.com and HousingWire.com , attracting significant search traffic from homebuyers and sellers seeking top agents, teams and brokerages at the city, state and national levels.

Real Estate 472

Real Estate Agents Marketing Real Estate Agent 472

Appraisal Buzz

AUGUST 8, 2024

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,” said Zhao. New Jersey leads in value gains New Jersey metros close to New York City saw the largest jumps in property value over the last year.

Valuation 417

Valuation Housing Market Marketing Home Value 417

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. Intense demand for houses over the course.

Inventory 370

Inventory Home Value Real Estate Sellers 370

Appraisal Buzz

SEPTEMBER 16, 2024

In July, the Zillow market heat index moved from favoring sellers to being in neutral zone. Up until October, sellers had the advantage across the country for the previous two years. Although it is taking longer than it has in the past, homes are selling faster than it did before the pandemic. Inventory levels are -30.8%

Buyers 396

Buyers Inventory New Listings Home Value 396

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.

Agents 523

Agents Home Value Buyers Real Estate 523

Housing Wire

AUGUST 8, 2024

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” Redfin economics research lead Chen Zhao said in a statement. Generationally, homes owned by millennials saw their aggregate value rise 21.5%.

Home Value 459

Home Value Housing Market Construction Buyers 459

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 418

Real Estate Agent Home Value Real Estate Loan Officers 418

Appraisal Buzz

OCTOBER 8, 2024

New Orleans Total housing units: 466,902 Vacant housing units: 67,704 Vacancy rate: 14.50% Most common reason for vacancy: Housing unit is for rent Share of vacant housing units empty for most common vacancy reason: 23.49% Median home value: $263,500 Median gross rent: $1,159 2.

Home Value 418

Home Value Housing Market Marketing Investors 418

Housing Wire

APRIL 7, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors. Presented by: Propertybase.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

FEBRUARY 14, 2025

By eliminating data barriers and fostering collaboration among these three leading MLSs, we are creating new opportunities for real estate professionals and improving the experience for homebuyers and sellers. MLSs have been busy on the technology front.

Real Estate 362

Real Estate Technology Home Value Insurance 362

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. Sold homes were listed for a week or less in 17 major metros. Competition in the housing market is heating up heading into May and June.

Housing Market 468

Housing Market Inventory Buyers New Listings 468

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 382

Valuation Home Value Lending Technology 382

Housing Wire

JANUARY 22, 2025

While stubbornly high mortgage rates are keeping a lid on buyer demand and home value growth, and a response from builders has kept multifamily rent growth stable for many months, rents for detached single-family homes continue to accelerate. Meanwhile, apartment rents averaged $1,812 per month in December, up 2.4%

Inventory 448

Inventory Home Value Housing Market Buyers 448

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. Across the 19 East Coast and Midwest states in which CSS operates, appraisals were higher than sale prices in 57% of transactions during the second half of 2024.

Appraisal 397

Appraisal Valuation Home Value Housing Market 397

Housing Wire

OCTOBER 3, 2022

“Right now, prospective sellers are not only coming to grips with falling demand and declining prices due to sharply higher interest rates, but they also have a growing disincentive to give up their own historically low-rate mortgages in this environment,” said Graboske. The market grew from just 1.7

Inventory 529

Inventory Home Value Housing Market Mortgage 529

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 370

Real Estate Real Estate Agent Sellers Clients 370

Housing Wire

NOVEMBER 3, 2023

The homegenius Platform provides users access to a number of services including: homegenius connect, which allows homebuyers and sellers to access a network of qualified and experienced real estate professionals. Geniusprice, an automated and instant home value estimate driven by AI, advanced machine learning and homegeniusIQ.

Real Estate Agent 435

Real Estate Agent Real Estate Insurance Valuation 435

Appraisal Buzz

JUNE 26, 2024

These computer models cannot be unreliable or biased, even if they can offer crucial information to lenders, buyers, and sellers. Although it can be tempting to believe that bias can be eliminated from computer models, this is not possible.

Appraisal 391

Appraisal Tools Appraisal Process Real Estate 391

Housing Wire

NOVEMBER 19, 2024

This mortgage-free cohort “represents almost 40% of American homeowners and includes anyone wealthy enough to not need home financing at all, as well as people who have lived in their property long enough to have paid down most of their mortgage or cleared it entirely,” the report explained. homeowners. There was an estimated 3.97% (or $624.6

Home Value 418

Home Value Mortgage Sellers Finance 418

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. This is more than twice the 4% proportion that existed prior to the epidemic and up from 7.6% a year earlier.

Home Value 396

Home Value Luxury Properties Buyers Inspection 396

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

Appraisal Buzz

JANUARY 8, 2025

In chillyBuffalo, competition among buyers will remain hot, with employment growing far faster than builders are adding homes, saidSkylar Olsen, Chief Economist at Zillow. But both buyers and sellers should expect unpredictable mortgage rates. Thats the good news. With an anticipated growth rate of 4.2%, Hartford is in the lead.

Buyers 370

Buyers Sellers Home Value Construction 370

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 459

Clients Agents Buyers Sellers 459

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

JUNE 17, 2024

It will help you identify sellers very early, giving you access to them before they’re talking to other agents. After you choose your neighborhood or zip code, Offrs activates your area, enabling you to get contact info for leads, sorted by category (FSBO, predictive sellers, expired listings, and exclusive leads).

Advertising 448

Advertising Real Estate Tools Contracts 448

Appraisal Buzz

OCTOBER 18, 2024

This was due to the leveling of home prices: After bouncing up in the spring and then flattening, the median home value was virtually unchanged at the end of the third quarter at about $360,000. Home values remained at or near record levels around large swaths of the country, keeping seller profits far above historical levels.

Home Value 221

Home Value Sellers Housing Market Buyers 221

Housing Wire

JANUARY 24, 2023

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. If the home value appreciates, customers get to keep the difference.

Tenants 397

Tenants Loan Officers Finance Clients 397

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. Metros Where Mortgage Payments are Lower Than Rent Click here for more information on Zillow analysis of renters versus home buyers.

Buyers 418

Buyers Home Value Insurance Mortgage 418

Appraisal Buzz

OCTOBER 1, 2024

The increasing unpredictability of weather is a wakeup call for homeowners to protect their homes and wallets,” said Rocco Mango, Interim CEO of Leaf Home. “By By investing in essential upgrades, homeowners can safeguard their property while increasing home value in the long term.”

Home Improvement 418

Home Improvement Insurance Home Value Sellers 418

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. The information being displayed is for illustrative purposes only.

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Finance Real Estate Agent Real Estate Insurance 482