Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Realtor.com

DECEMBER 20, 2022

Then, quite suddenly, the market seemed to seize up and prices and sales began falling. ” But it was likely rising mortgage interest rates, a result of the Fed hiking its own rates to bring down inflation, that most directly led to the real estate freeze. .” through November as mortgage rates have risen.

Marketing 113

Marketing Construction Investor New Construction 113

Realty Biz

AUGUST 6, 2021

The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales. Today, there is a severe housing shortage with many want-to-be-buyers but few that can afford a mortgage. What We Learned From the Great Recession. Values plunged 30% and more in some areas.

Short sale 103

Short sale Loans Equity Mortgages 103

Real Trends

OCTOBER 21, 2022

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market. Is the bubble bursting?

New Construction 105

New Construction Equity Short sale Construction 105

CT Homes

OCTOBER 13, 2023

This guide is constructed to walk you through one lesser-known option—selling to cash buyers, helping traverse this challenging path with informed confidence. It’s a legal process where if someone can’t make their scheduled mortgage payments, they might lose ownership of their property. Peace of Mind : Less stress and a quicker sale.

Short sale 74

Short sale Inspection Closing Sales 74

Realty Biz

SEPTEMBER 23, 2023

Understanding the mortgage process, including prequalification and pre-approval, is also essential. How Buyer Agents Get Paid Buyer agents are typically compensated through a commission fee, a percentage of the property's final sale price. It is essential to prepare for the mortgage pre-approval process.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

RIS Media

MARCH 25, 2021

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash? 2: Pandemic Mortgage Forbearance. Let’s take a closer look. Factor No.

Marketing 126

Marketing Equity Lending Short sale 126

Marco Santarelli

AUGUST 5, 2022

When shoddy mortgages crumbled, the nation was left with foreclosures, numerous new houses remained empty, and millions of Americans were suddenly underwater. The majority of bad mortgages have been eliminated. In addition, the mortgage sector took action against loans that ballooned in size or were intended for borrowers to fail.

Marketing 106

Marketing Mortgages Lending Construction 106

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. Search for a Real Estate Property on Sale.

House Flipping 121

House Flipping Renovation Investor Construction 121

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Active contingent. Amortization.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Mortgage loans do not qualify as a budget strategy; hence you’ll be required to seek alternative channels for purchasing a property. Search for a Real Estate Property on Sale.

House Flipping 94

House Flipping Renovation Investor Construction 94

HomeLight

JULY 6, 2023

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. An offer has been accepted, and the sale is expected to close.

MLS 87

MLS Backup offer Inspection contingency Purchase and sale agreement 87

HomeLight

AUGUST 16, 2021

This means that the homeowner stopped making payments on their mortgage, and the bank seized the property to recoup the funds. Given the various types of mortgages that are available, the auction process may differ depending on whether the loan on the house up for auction was government-backed or a conventional loan.

Title 106

Title Due diligence Finance Inspection 106

Marco Santarelli

JANUARY 25, 2023

Many people may find it difficult to make their mortgage payments during a recession, which can result in an increase in foreclosures and a decrease in property prices. A decrease in construction activity and the associated loss of construction and real estate industry jobs may result from this.

Commercial 52

Commercial Construction Short sale Agents 52

HomeLight

AUGUST 31, 2020

Today homeowners are building guest houses as creative solutions to multi-generational housing and house hacking their mortgages. It’s the easiest way to cover their mortgage payment.”. Would you ever move into the guest house and rent out your main house to live mortgage free? Guest houses by definition. Garage conversion.

Debt-to-income ratio 95

Debt-to-income ratio Construction Loans Equity 95

HomeLight

NOVEMBER 30, 2022

of all home sales in the first quarter of 2022. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. But not even they could have predicted the 20% increase in construction materials between January 2021 and 2022.

House Flipping 95

House Flipping Inspection Investor Renovation 95

Marco Santarelli

MAY 28, 2022

Virginia Beach real estate market trends indicate an increase of $750 (0%) in median home sales and a 0% rise in median rent per month over the past year, according to Trulia.com. The median sales price for homes in Virginia Beach for Dec 28 to Mar 27 was $250,750 based on 1,262 home sales. since last year. since last year.

Marketing 98

Marketing Purchase and sale agreement Investor Sales 98

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. Ben Caballero , the most successful real estate agent in the world in terms of closed sales for the last decade, works exclusively with developers on new construction projects. Are short-term rentals popular in your town? Is there distress in your housing market?

Agents 105

Agents Investor Property Management Development 105

HomeLight

JULY 31, 2021

Whether you’re a retiree looking to downsize from a large suburban home or a landlord ready to unload a River Walk rental condo, finding cash home buyers in San Antonio will be the best way to fast-track the sale and move you closer to your goals. Timeline for a cash sale in San Antonio. Timeline for a cash sale in San Antonio.

Investor 100

Investor Title Due diligence Sales 100

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. Housing units are still in short supply with the problem getting worse. month supply at the current sales pace. percent in July.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

HomeLight

FEBRUARY 24, 2023

The median sale price for a single-family home in Florida in Q4 of 2021 was $365,000, and it went up to $400,000 in Q4 of 2022, a 9.6% Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 88

House Flipping Renovation Investor Finance 88

Marco Santarelli

SEPTEMBER 11, 2021

Demand is still outpacing the supply, the new construction is slow, and competition for quality homes remains tough. Because of strong buyer demand, fueled by low mortgage rates, prices are rising steadily, making now an excellent time to be a seller or current homeowner. The median sale price was $177K. year-over-year.

Marketing 98

Marketing Investor Construction Sales 98

HomeLight

APRIL 29, 2022

Whether you’re thinking about selling your home, borrowing from your home equity, or canceling private mortgage insurance (PMI) , it’s worth considering how to increase home value for an appraisal. Our HVE combs public data including tax records and assessments and pulls recent sales records for other properties in your neighborhood.

Equity 117

Equity Agents Construction As-is 117

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 91

House Flipping Renovation Finance Agents 91

HomeLight

MAY 23, 2022

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

As-is 101

As-is Inspection Investor Closing costs 101

Marco Santarelli

SEPTEMBER 21, 2021

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The total residential sales in the state recorded a decine of -18.12% year-over-year, from 15,696 to 12,852 sales. since last year. since last year.

Marketing 111

Marketing Investor Residential Sales 111

Marco Santarelli

MAY 31, 2022

Asheville real estate market trends indicate an increase of $750 (0%) in median home sales and a 0% rise in median rent per month over the past year. Trulia has 827 resale and new homes for sale in Asheville, NC, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

Marketing 100

Marketing Investor Sales As-is 100

Marco Santarelli

JULY 27, 2020

In May, the median sales price decreased by 1.3% Home sales have improved consistently over the last six weeks and prices appear to be increasing as well. In June, the median sales price increased 5.1% The new data show that sales in the last week were only about 5 percent lower than the same week last year.

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. It could only pause sales, which in turn created a huge pent up demand. In July, the median sales price — up 3.3% in a single month, and up 12.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

HomeLight

APRIL 29, 2021

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. It can affect: How you prepare your home for sale. Too few resale homes for sale. Home prices rise.

Marketing 107

Marketing Sales Agents Construction 107

Marco Santarelli

JULY 9, 2021

in home sales. The median sales price continued to uptick. With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. Single family sales were up 10.7 Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Foreclosure sales were down 35.8

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

AUGUST 21, 2020

Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7% The other three counties saw a significant year-over-year increase in sales—Palm Beach (+9.35%), Martin (42.6%), and St. to $385,000 while sales dropped by -11.6%. respectively.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 24, 2021

Over the last five years, data shows a stable Scottsdale housing market with average sale point and price per square foot seeing a steady increase. Average Sales Price went up 23.8%, from $412,145 to $510,229. Median Sales Price went up 25.2%, from $333,182 to $417,000. Median Sales Price as a % of Median List Price was 103%.

Marketing 98

Marketing Investor Sales Residential 98

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 72

House Flipping Renovation Investor Finance 72

Marco Santarelli

FEBRUARY 1, 2022

The sale to list price ratio is 99.34%. Trulia has currently 144 resale and new homes for sale in Bellevue including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. Currently, there are 65 single-family homes for sale in Bellevue, WA on Zillow. Sale / List.

Marketing 52

Marketing Investor New Construction Sales 52