Realty Biz

MAY 21, 2023

year-over-year in April 2023, from a historic 3,445 transactions in April 2022 to 2,222 in April 2023, because of rising mortgage rates, the recent banking crisis and lack of supply in certain price points. Closed sales may occur from 30- to 90-plus days after sales contracts are written. Miami Real Estate Posts $271.1 in April 2022.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Marco Santarelli

SEPTEMBER 7, 2021

You need to find markets that are in the phase of expansion – where sales and prices are rising, affordability is good, construction is low and capital investment is rising. Peak new construction tends to occur past peak housing demand, which ultimately leads to temporary oversupply and lower prices. Understand The Market.

Investor 111

Investor Bankruptcy Renovation Industrial 111

Realty Biz

MARCH 21, 2023

Pending sales are an indicator of future sales, but it takes up to 40 days for pending transactions to close and not all pending sales end in deals. of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 1.6% Miami Real Estate Posts $190.4

Sales 101

Sales MLS Short sale Residential 101

Realty Biz

DECEMBER 26, 2022

of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 0.8% Miami’s Percentage of Sales Continues to Outpace the Nation, State In Florida, closed sales of single-family homes statewide totaled 17,009 in November 2022, down 38.2% in November 2021.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

HomeLight

SEPTEMBER 12, 2022

If it’s a newer home or new construction, we’re going to also complete the cost approach. So, this is why some appraisers are afraid to make an adjustment like that though, because banks, they get scared when you make adjustments across the board–and time adjustments are across the board–right?

Marketing 109

Marketing MLS Agents Sales 109

Realtor.com

MARCH 8, 2021

Springfield’s cost of living is lower than that of other metros in the Northeast, like Boston or New York City. Its location on the banks of the Connecticut River offers scenic spots and plenty of hiking trails. For a new-construction condo , buyers can pay nearly $470,000. Portland can be a costly place to live, though.

New Construction 126

New Construction As-is Construction Agents 126

Realty Biz

JUNE 24, 2022

Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices. of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than the 1.7%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

DECEMBER 17, 2020

New Listings are up by 15.2%. New Listings are up by 10%. Closed Sales are up by 20%. Closed Sales are up by 29.8%. This led to many law firms and banks having their headquarters here. This has led to a spate of new construction for active adult communities. Richmond Metro Single Family Homes .

Marketing 116

Marketing Sales Investor MLS 116

Marco Santarelli

JULY 24, 2020

High-end real estate sales that staged a particularly strong recovery is one of the factors behind median house sales prices hitting a new peak in June. Closed sales saw a decline of 8.9% New construction permits in all cities often lag due to community resistance which blocks new housing. as compared to May 2020.

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

SEPTEMBER 21, 2020

There have been delays in closings due to financing issues as loan funding has slowed down. There are currently 273 properties in San Diego, CA that are in some stage of foreclosure (default, auction, or bank-owned) while the number of homes listed for sale on RealtyTrac is 1,979. However, construction in San Diego has stalled.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

JULY 30, 2020

over the previous year, according to the latest available data from the closely watched S&P CoreLogic Case-Shiller index. Many variables could potentially impact the value of a home in LA in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

JULY 29, 2020

of closed sales was 2709, an increase from the previous month (1963). New listings were 3658, an increase from the previous month (3419). For Tenants: House Bill 4213 statutorily extends bans on both commercial and residential evictions for three months, until September 30, 2020. The median sales price was $423,000.

Marketing 126

Marketing Investor Sales As-is 126

Dwell Real Estate

JUNE 7, 2021

Close to top rated schools, McNeal Elementary & Nolan Middle. Also close to gorgeous beaches, restaurants, shopping, and entertainment. Sold By: Marie Hodges | List Price: $10,000 | Sold Price: $6,000 Beautiful Vacant Lot in the Rainbow Lakes Estates Neighborhood ready for Your New Home. 20215 MERRY OAK AVE, TAMPA.

Design 40

Design Branding As-is Closing 40

Marco Santarelli

SEPTEMBER 5, 2020

July 2020 was a very active month for closings, up almost 13% compared with July 2019. This increase in new listings appears to be setting in for the long run, which is a little bit of good news for buyers. The neighborhoods should be close to basic amenities, public services, schools, and shopping malls. year-over-year.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

In July, the total closed sales amounted to 3,679, up 1.4% On the other hand, home prices continued to rise in May as closings and inventory fell. New contracts are up 8.2% year over year, and new listings are up 3.6%. As per the current trends, Orlando is all set to remain a seller's market in the next 12 months.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

Closed sales increased by 34.9 of the closings for the month of July were on the market 30 days or less, in June this number was at 59.1% Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

APRIL 29, 2021

In May 2020, there were 208 properties in San Jose, CA that are in some stage of foreclosure (default, auction or bank-owned) while the number of homes listed for sale on RealtyTrac was 436. Bank Owned. Among all the cities of Silicon Valley Bay Area, San Jose city probably has the perfect balance of residential and commercial areas.

Marketing 126

Marketing Investor Residential Sales 126

HomeLight

JANUARY 28, 2022

He acknowledges that banks usually view appraisals as more valuable than a CMA, even if many of his colleagues disagree. Select comps that are as similar to the property as possible, within a close radius that have sold recently. Lot size – Properties should be as close in lot size as possible – ideally, within 300 square feet.

Marketing 104

Marketing Renovation Agents New Construction 104

Marco Santarelli

AUGUST 2, 2020

percent and closed sales were down 1.1 2020 began with increased sales activity in the New York housing market, with the year expected to be a strong one for the industry. The third week of June closed with a median sale price of $700,000 for a 3% week-over-week gain. New listings increased by 24% year-over-year.

Marketing 142

Marketing Sales Pre-approval Investor 142