Appraisal Buzz

MARCH 10, 2025

First-time millennial buyers looking for more affordable options chose homes that needed work, the DIY movement being fueled by all your favorite before-and-after renovation TV shows (looking at you, Property Brothers ). But that was then and this is nowwhen home value appreciation has returned to earth. home renovation trends.

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Renovations Home Value Buyers Sellers 414

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. Rate lock’s hold seems to be loosening—homeowners who may have put off listing their homes are done waiting. Home values are up from year-ago levels in 46 of the 50 largest metro areas. in April to 0.8%

Sellers 397

Sellers Buyers New Listings Home Value 397

Appraisal Buzz

JULY 18, 2022

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. Since 1976, mortgage interest rates and home price appreciation have had a positive, but weak relationship.

Sellers 435

Sellers Marketing Market Value Home Value 435

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

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%

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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.

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Appraisal Valuation Home Value Housing Market 397

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

MARCH 28, 2025

Predictive analytics in real estate combines the use of historical data and algorithms to anticipate future market trends and identify potential sellers sometimes even buyers, too. Real estate agents can use this data to identify motivated sellers and people who are likely to buy a home. What does this mean for you?

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Real Estate Tools Real Estate Agent Sellers 342

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.

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Buyers Sellers Home Value Construction 370

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

MARCH 31, 2025

home valued at $357,138, up 2.6% Affordability is still a massive challenge for those who have been waiting to buy a home, but the lower rates weve seen so far in March are taking the edge off, said Skylar Olsen, Zillow Chief Economist. over the past year.

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Mortgage Buyers Home Value Inventory 435

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.

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Real Estate Technology Home Value Insurance 355

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.

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Home Value Sellers Housing Market Buyers 221

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

JANUARY 22, 2025

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. In the meantime, owned home value growth has leveled out at 2.6%

Inventory 370

Inventory Home Value Tenants Property Management 370

Housing Wire

FEBRUARY 27, 2025

List all the best features of the home We start formulating the property description during our first meeting with a seller, taking notes about the unique features/improvements, and asking the seller what they love about the property. Example: New roof (2024) and HVAC system (2023) Unique features of the home. Example: 0.25

Real Estate 379

Real Estate Buyers Agents Renovations 379

Appraisal Buzz

DECEMBER 30, 2024

When fewer houses are available, buyers are willing to pay more, and sellers have more leverage to up their asking price. Simply putlow inventory leads to higher home prices. Its a big reason why buying a home has gotten so expensive. Buy or sell your home with an agent the Ramsey team trusts. Is It a Sellers Market?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Provide value Offer engaging content that both informs and entertains. Its up to us as agents to stay engaged and stay in contact with our clients.

Real Estate 397

Real Estate Clients Tools 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. 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

APRIL 3, 2025

The spring housing season is beginning with more sellers and a growing number of homes for sale, said Danielle Hale, Chief Economist at Realtor.com. Data also suggest that pricing competitively is key for sellers in todays environment. March saw the greatest number of new home listings in three years, up 10.2%

Inventory 195

Inventory Buyers Contracts Sellers 195

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

APRIL 4, 2025

Principal agents and closed loan sellers can ask their LOS administrator to add it to their available product menu, the company said. Earlier this year, Longbridge announced that it lowered the minimum home value for its fixed-rate proprietary products. But the variations available to brokers and principal agents differ.

Mortgage 281

Mortgage Home Value Agents Design 281

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 469

Real Estate Agents Marketing Real Estate Agent 469

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

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

Listing Spark

JANUARY 5, 2025

Pre-Listing Home Selling Checklist Pricing Analysis: Pricing is paramount to a successful sale. Start with a home seller’s checklist to ensure you are organized and prepared. Know your finances: Once you have determined your price, you can start to calculate what your final take home will be.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

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.

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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

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

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 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.

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Real Estate Agent Real Estate Insurance Valuation 434

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.

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Appraisal Tools Appraisal Process Real Estate 391