Housing Wire

MARCH 12, 2025

California is also prohibiting unsolicited offers below market value. According to Zillow , there are more than 50 active listings, with the average market value in the area at roughly $1.29 Of the seven affected ZIP codes he mentioned, only one is in Altadena.

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Housing Wire

FEBRUARY 21, 2023

Although there have been some recent positive signs in the housing and jobs markets, those signs point to stubbornly high inflation and a corresponding stubbornness on the part of the Federal Reserve to continue raising interest rates over the longer term to fight inflation.

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Appraisal Buzz

OCTOBER 25, 2024

of mortgaged residential properties in the US were deemed equity-rich in Q3, which means that the total estimated amount of loan balances secured by those properties was no more than half of their estimated market values. as Housing Market Slows During Third Quarter, according to this ATTOM analysis on property values.

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Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. I also developed the replacement value, and I had comparable land sales from the neighborhood. That is a lot of bread! Be safe out there!

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Housing Market Marketing Reconsideration of Value Appraisal 368

Housing Wire

OCTOBER 24, 2024

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.

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Housing Wire

JANUARY 29, 2025

In its announcement, Splitero said the move aims to combat rising living expenses and inventory shortages in housing markets nationwide. The company announced on Wednesday that it’s expanding to Florida , Nevada , Ohio, Pennsylvania and South Carolina. This move follows a mid-November 2024 expansion to Arizona. .

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Appraisal Buzz

MARCH 4, 2025

The combined value of U.S. In percentage terms, the total value of the U.S. housing market grew 5.2% There are more homes for sale right now than in recent years and that has led to buyers markets in many areas of the country. In 2024, Floridas housing market had several challenges. homes gained $2.5

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Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Housing Wire

AUGUST 1, 2024

of mortgaged homes were “equity-rich,” defined as having a loan balance of less than half of the estimated market value of those homes. In addition, the number of homes with a mortgage balance of more than 25% of the property’s estimated market value — or “seriously underwater” — fell from 2.7%

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Inman

SEPTEMBER 27, 2023

The value of U.S. housing has reached a new peak of slightly under $52 trillion in the past year and is up 49 percent from the start of the pandemic, according to Zillow. Gains were driven in large part by an increase in new construction.

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Market Value Housing Market Construction Marketing 179

Housing Wire

MAY 12, 2022

“Homeowners continue to benefit from rising home prices,” Rick Sharga, executive vice president of market intelligence for ATTOM, said in a statement. Record levels of home equity provide financial security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008.

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Supply Chain Housing Market Market Value Buyers 482

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Retail Sellers Buyers Market Value 505

Housing Wire

APRIL 19, 2024

Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile. High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market.

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Luxury Properties New Listings Buyers Market Value 488

Housing Wire

DECEMBER 4, 2024

Unison defines home equity as “the difference between a property’s market value and the outstanding mortgage balance.” The national market experienced a 4.5% home equity of $31 trillion and $44 trillion in total value as of Q2 2023. ” Unison’s report highlighted major growth for U.S.

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Housing Market Market Value Real Estate Investors 397

Housing Wire

OCTOBER 15, 2020

Homeowners can now get a StreetEasy estimate of their homes’ current market value based on features that are unique to New York City, the company said. Homeowners start by claiming their home, then requesting an AI-powered estimate of their home’s current market value, an estimated price per square foot and monthly rent.

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Housing Wire

APRIL 1, 2021

Compass’s hoped-for market value is $7.2 Wedlake hypothesizes that Compass will enjoy a greater market value than Realogy , arguably its most apples-to-apples competitor, which has a market cap of $1.8 Presented by: Proctor Loan Protector.

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Housing Wire

MAY 6, 2021

The hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment, the NAHB said. Other affordable small markets included Fairbanks, Alaska, Monroe, Michigan, Wheeling, West Virginia, and California-Lexington Park, Maryland.

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Housing Market Market Value Marketing Construction 468

Appraisal Buzz

AUGUST 2, 2024

of mortgaged residential properties were considered equity-rich, a term indicating that the combined estimated loan balances secured by those properties were no more than half of their estimated market values. housing market, influenced by a blend of economic conditions, regional variations, and seasonal trends.

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Housing Wire

MAY 12, 2021

trillion is roughly equal to France’s 2020 gross domestic product , or the combined market value of Amazon and Facebook. “We expect 2021 to be an even more active year for the housing market than 2020 because homebuyers have a better sense of what the future looks like,” said Fairweather.

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Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Market Value Appraisal Buyers Contracts 418

Housing Wire

NOVEMBER 23, 2020

Steve Price, senior vice president of trustee operations at Auction.com, said this is likely because of the shift to vacant or abandoned properties that often come with more deferred maintenance – but the average price relative to estimated full market value increased to a 6.5-year year high in September.

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Housing Wire

OCTOBER 21, 2022

Despite rising inflation, the potential for looming recession and a rapidly changing housing market, Black Knight said the mortgage market is in a strong position, as mortgage delinquencies are still hovering near all-time lows. How to optimize deal flow in today’s housing market.

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Appraisal Buzz

FEBRUARY 24, 2025

At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property. This requires a deep understanding of the appraiser’s local real estate market, as well as of the physical, legal, and economic factors that influence property values in it.

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Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. The after-repair value is the estimated market value of a property in fully repaired condition.

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Housing Wire

NOVEMBER 7, 2023

Local assessors determine how much each individual property owner should pay based on the assessed value of the home. The assessed value is often significantly lower than the appraised market value. Higher taxes aren’t necessarily a big weight on a housing market , however.

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Housing Wire

NOVEMBER 10, 2021

However, the San Francisco-headquartered outfit could not leverage a historically fantastic housing market to turn a profit, posting a $57 million net income loss. For example, an analysis from Mike DelPrete indicated that while Zillow wildly overpaid for homes in Phoenix and Atlanta, Opendoor forked over market value.

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Housing Market Market Value Insurance Lending 370

Housing Wire

JANUARY 13, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. enters the third year of the pandemic, the 2022 housing market remains on stable ground.

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Housing Wire

OCTOBER 12, 2023

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). Neutral terms a couple years ago, when the M&A market was hot, saw cash at close in the neighborhood of 40% to 60%, with the rest over a two- to three-year earn-out.

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Sellers Buyers Brokerage Valuation 448

Housing Wire

MARCH 9, 2021

The brokerage calculated home-equity gains throughout 2020 for each neighborhood type for homeowners who purchased a home anytime during 2019, using January 2021 Redfin Estimates as a proxy for current market value. The terms “Black homeowner,” “white homeowner,” etc.

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Home Value Market Value Brokerage Inventory 497

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.

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Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CW : At Reverse Mortgage Funding , education has always been a number-one priority.

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Housing Wire

MAY 18, 2021

The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” . “That’s incredibly strong appreciation. Winning offers, she said, are usually 10 to 20% above asking price. Seattle scored a 1 and 43, respectively.

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Real Estate Marketing Real Estate Agent Agents 468

Housing Wire

NOVEMBER 19, 2020

Now, heirs will pay market value in taxes. What does the passage of Prop 19 mean for the general housing market in one of the nation’s more expensive states to live in? CoreLogic’s DigitalTax Platform provides customers with a unified and consistent view of property tax data across the mortgage ecosystem.

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Property Taxes Realtors Inventory Law 493

Housing Wire

MAY 3, 2022

Point’s HEI contracts — which have 10- or 30-year maturities, the latter the standard since early 2020 — address many variables in a complicated, nuanced housing market. That share is typically around 10 percent or so. Point also shares some of the downside risk with the homeowner in the event the home price drops.

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Contracts Investors Investing Market Value 459

Housing Wire

DECEMBER 5, 2023

This ensures their bundle retains its credit rating and market value. If too many mortgages default, the MBS can lose significant value. As adoption accelerates, technology systems will become the indispensable foundation upholding housing market growth for generations to come.

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Technology Mortgage Investors Lending 459

Housing Wire

APRIL 8, 2021

The rising tide of a booming housing market, which has lifted all home price boats, is partially to thank for the steady rise in the share of foreclosure sales with surplus funds over the last five years. The maximum allowable credit bid at foreclosure auction is the amount of total debt owed on the defaulted mortgage.

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Retail Market Value Marketing Investors 459

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.

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