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Regardless of price, Austin homes still flying off the market

Housing Wire

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . The jumbo market for brokers is back in a huge way.

Marketing 508
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Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move!

Cleveland Appraisal Blog

While median sales prices are increasing at a nice clip, sellers are pushing the envelope with their asking prices. While inventory levels are still low, at around a month and a half of inventory, in some smaller market areas in Cuyahoga County, and surrounding counties, I am seeing inventory levels increase rapidly in the past month.

Inventory 349
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Appraisers raise alarm on AMC revenue-sharing models

Housing Wire

These organizations were intended to function as a mortgage industry firewall in the aftermath of the 2008 financial crisis, acting as middlemen between lenders and appraisers and overseeing the logistics of property appraisal processes. Meanwhile, 39% said they had challenges finding sellers.

Appraisal 370
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

Active listings also provide insight into current seller and buyer motivations. For example, if many active listings are priced higher than recent sales, it may suggest that sellers are responding to increased demand or reduced inventory, which are key indicators of a market in transition.

Appraisal 358
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Can Your Neighborhood Affect Your Property Appraisal? Key Factors to Consider

AmeriMac

A property appraisal determines the value of that property in the current market. Real estate agents use special tools and databases for detailed appraisals. Here are a few important market signs to think about: Inventory levels: Few homes for sale often mean more competition and higher prices.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Housing Market Predictions for 2022 and Other Appraisal News

McKissock

home buyers will have a better chance to find the home of their dreams in 2022, but will face a competitive seller’s market, as first-time buyer demand will continue to outpace the nation’s recovering inventory.” Want regular appraisal news updates and insights into all facets of the industry?