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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. Kenon Chen: The challenge that’s in front of everyone continues to be the market itself, and then housing affordability.

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Redfin Reports First Annual Drop in Home Prices Since 2012

Broke Agent Media

This was due to sellers backing off in response to buyer demand cooling in the wake of a recent spike in mortgage rates. Sellers have had to lower their home price expectations, thanks to the impact of higher mortgage rates on buyer activity. A new Redfin report for February 2023 shows the first annual drop in home prices since 2012.

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Des Moines Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

The Des Moines housing market is currently considered a hot market. Homes in Des Moines are typically selling after just 11 days on the market. Overall, the Des Moines housing market is expected to remain strong in 2023, but there are signs that it may be cooling slightly. However, for now, the outlook is positive.

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Help Your Clients Save Thousands with a VA Loan Assumption

Lab Coat Agents

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate. What is a VA Loan Assumption? That is inaccurate.

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Greenville Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

Understanding the current trends and factors influencing the market is essential for making informed decisions and achieving your real estate goals. Several key trends are shaping the Greenville housing market: Rising Home Prices: The median home price in Greenville has experienced steady growth, increasing by 1.6% That’s a 14.0%

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Comeback Kids: These Housing Markets Have Recovered the Most Since the Start of the Pandemic

Realtor.com

housing market has come back—and then some. Cooped-up buyers seeking larger homes and wanting to cash in on record-low mortgage interest rates are battling it out over a very limited supply of properties for sale. Right now we’re seeing markets recover faster where they’re able to contain the virus better. economy is a hot mess.

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Seasonality: Does It Matter Anymore?

RIS Media

Now, as we sit on the cusp of April, what will the spring market look like? We continue to track spikes in the median sales price and decreases in the number of days on market as the competition for available inventory—one of our agents likened it to “The Hunger Games “ —remains intense.

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