Appraisal Buzz

DECEMBER 9, 2024

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. These methods provide a solid foundation for demonstrating how changing market conditions affect property values over time.

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Appraisal Marketing Valuation Tools 358

Appraisal Buzz

NOVEMBER 14, 2024

While still above market value, homebuyers are only paying a 4.8% Sync Your Calendars ATTOM found that other days of the year offering lower premiums for homebuyers included October 2 (5% premium above market value); December 24 (5.1% premium above market value) October (7.4% premium, compared to the 14.6%

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Market Value Buyers Valuation Marketing 368

Appraisal Buzz

MARCH 17, 2025

So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be. After all, time is money.

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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. These scenarios are not like vanilla deals,” Sandoval said. Some of those properties could have gone retail.

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Retail Buyers Renovations Finance 448

George Dell

NOVEMBER 8, 2023

Market value or comparable value? It means we form market value opinions. Specifically, credible market value opinions. It means, therefore, worthy of the market’s belief since the market is […] The post Market Value Or Comparable Value? What does that mean?

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Market Value Marketing 195

George Dell

MARCH 22, 2023

No, wait – value is what I am willing to pay for something. Editor’s Note: This is Part 2 of Market Value or Other Value. I threaten to take a bite […] The post Devalue Market Value? Well, sorta. I have an apple. You want one. Pt 2 appeared first on George Dell, SRA, MAI, ASA, CRE.

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Market Value Marketing Appraisal 195

George Dell

AUGUST 21, 2024

In recent discussions surrounding the accuracy of home appraisals, a critical flaw has emerged in the prevailing narrative: the assumption that the contract price is the correct value of a property. This misconception […] The post Is Contract Price Market Value? appeared first on George Dell, SRA, MAI, ASA, CRE.

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Market Value Contracts Marketing Appraisal 195

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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Realtors Landlords Agents Market Value 348

George Dell

NOVEMBER 10, 2021

Everyone knows what’s a market — (or do they)? Market Value is the ultimate goal of appraisals, of AVMs, of evaluations, of BPOs, hybrids, exceptions, and all forms of opinions (everyone has one). So, market value must be based on “the market”! To measure it, we must first know what it is.

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Market Value Marketing Appraisal 195

Sacramento Appraisal Blog

JUNE 21, 2021

A couple weeks ago a viral story came out about a fund called BlackRock who was reported to be buying everything in sight and paying 20-50% above market value. Market update on […]. Let’s talk about this as well as other institutional investors right now. This is a longer post, so scroll topics (or digest slowly).

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Investors Housing Market Marketing Market Value 465

George Dell

NOVEMBER 22, 2022

Editor’s Note: Is the Definition of Market Value Outdated? Why has the current definition of market value been around without change for so long? The post Is the Definition of Market Value Outdated? is a Guest Post from Bruce Hahn, SRA, MAI, CRE, CCIM. Many decades in fact!

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Market Value Marketing 195

George Dell

APRIL 5, 2023

Editor’s Note: This is Part 3 of Bruce Hahn’s series on Is the Definition of Market Value Outdated? In Part One and Part Two we asked why the current definition of market value has been around without change for so long? Part III appeared first on George Dell, SRA, MAI, ASA, CRE.

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Appraisal Buzz

JANUARY 19, 2022

In today’s Buzzcast, we dive into market value and how appraisers are moving forward in the new year. We’ll be getting the inside scoop while they discuss market value and this upcoming year in the industry. What are the important issues regarding market value that lie ahead in the year 2022?

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Market Value Marketing Appraisal 195

Appraisal Buzz

AUGUST 8, 2024

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 In a decade, the value of U.S. In a decade, the value of U.S. Rural home values rose 7% year over year to $7.8 trillion, outpacing urban areas, where values increased by 6% to $10.3

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Valuation Housing Market Marketing Home Value 417

George Dell

MARCH 29, 2023

In Part One we asked why the current definition of market value has been around without change for so long? We focused on item 4 in the current definition of market value which says: “payment is made in terms of cash in U. Part II appeared first on George Dell, SRA, MAI, ASA, CRE.

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Market Value Marketing 195

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Therefore, it begs the question: what will happen to home values? It has been advertised that most markets lack substantial supply of homes – especially for low- and moderate-income housing. I waived no contingencies.

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Sellers Marketing Market Value Home Value 435

Housing Wire

MARCH 23, 2021

would give the brokerage a “fully diluted market value of $12.5 Reuters and other outlets Tuesday morning pegged Compass’s hoped-for market value at $10 billion. Realogy has more than double Compass’s market share (and endured its own $356 million loss in 2020) but traded at $15.09 billion market cap.

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Valuation Marketing Brokerage Market Value 438

Appraisal Buzz

DECEMBER 14, 2021

Property appraisers don’t dictate what the value is. We merely research and analyze market data to interpret and then report what the market says the value is. The post Market Value: Who Says What It Is? On the way he needed to drop off an appraisal report to a lender client.

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Market Value Marketing Property Appraisal Clients 195

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. That level was down slightly from 48.3%

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Market Value Housing Market Mortgage Home Value 334

Eyes on Housing

SEPTEMBER 22, 2022

1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.

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Market Value Real Estate Marketing Mortgage 187

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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Market Value Housing Market Mortgage Marketing 394

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. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

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Marketing Investors Real Estate Investing 476

Appraisal Buzz

APRIL 9, 2025

Now, you still have appreciating market value and an increasing rate environment. Furthermore, consumers are increasingly choosing markets outside of the typical Latino hotspots. New Hispanic residents are drawn to Texas, which continues to be a top opportunity market. It just makes it less affordable. North Carolina: 30.0K

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Modernization Market Value Construction Business 349

Housing Wire

JANUARY 15, 2025

Another new requirement of the law is that, moving forward, anyone offering to purchase property must disclose the differences in price versus value, with the monetary offer requiring a disclaimer stating, this offer may or may not be the fair market value of the property.

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Law Real Property Insurance Training 397

Housing Wire

MAY 18, 2021

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. It’s just a crazy competitive market.” They’re even waiving appraisals.

Real Estate 468

Real Estate Marketing Real Estate Agent Agents 468

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5%

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Housing Market Buyers Marketing Retail 435

Cleveland Appraisal Blog

JULY 20, 2022

Appraisal gap clauses have become relatively common in recent years due to many homes being sold at prices that market data does not support as being the market value. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always.

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Appraisal Market Value Contracts Buyers 402

Housing Wire

APRIL 5, 2024

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. Altos considers anything above a Market Action Index of 30 to be a seller’s market.

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Housing Market Marketing Inventory Sellers 459

Housing Wire

DECEMBER 16, 2021

Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad. The main takeaway from Mortgage Bankers Association forecast is that we see 2022 as a transition year, moving from a refinance market to a purchase market.

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Marketing Mortgage Supply Chain Inventory 482

Housing Wire

JULY 26, 2024

However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction.

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Market Value Real Estate Agent Real Estate Finance 459

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says.

Housing Market 397

Housing Market Renovations Marketing Retail 397

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. People who are willing to spend tens of thousands more than the market will really support, seem to be speculating that things will continue as they are.

Housing Market 368

Housing Market Marketing Reconsideration of Value Appraisal 368

Appraisal Buzz

FEBRUARY 24, 2025

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. However, becoming a successful real estate appraiser requires more than mere market knowledge.

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Real Estate Development Appraisal Legal 335

Appraisal Buzz

MAY 20, 2024

As an appraiser, you’re already familiar with buzzwords like seller’s and buyer’s markets. A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Navigate a seller’s market by considering the following.

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Appraisal Marketing Valuation Real Estate Agent 370

Housing Wire

SEPTEMBER 8, 2023

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. Future ARV (after-remodeled value): The projected market value post-renovations.

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Real Estate Agent Tools Real Estate Agents 448

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% to 34.7%.

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Market Value Home Value Housing Market Buyers 482