Housing Wire

SEPTEMBER 14, 2022

Cleveland — Demand for residential construction and real estate remained well below levels experienced earlier in the year. Contacts attributed softer demand to high construction costs and rising interest rates. Inventories of homes for sale and days on market increased while home prices have softened.

Industrial 370

Industrial Construction Residential Mortgages 370

HomeLight

APRIL 11, 2023

Best Cash Offer in Texas shares on its website that by using an in-house construction team, it is able to keep offers both fair and consistent throughout the transaction (some house-buying companies are known to drop the value of their offer last minute before closing).

Purchase and sale agreement 78

Purchase and sale agreement Closing costs Closing Agents 78

HomeLight

MARCH 10, 2023

Financing your flip in New York Purchasing a home to flip with cash is almost always going to be in your best interest — however, not all investors have that kind of funding. 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 92

House Flipping Renovation Investor Finance 92

HomeLight

MARCH 21, 2023

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents 92

Agents Pre-approval Closing costs Sales 92

HomeLight

DECEMBER 15, 2022

Housing prices surged to historic highs in recent years, and now rising interest rates are poised to shake up demand — leaving many wondering if there will be a housing market crash in 2023. At the same time, housing supply remains strapped in many parts of the country and inflation continues to squeeze construction teams. in October.

Marketing 84

Marketing Mortgages Agents Equity 84

Redfin

DECEMBER 29, 2022

million rental units under construction in the U.S., Inventory and supply are calculated in 90-day periods, e.g., January 2022 data is the three-month period from November 1, 2021, through January 31, 2022. New construction took up a growing share of housing inventory . There are currently over 1.1 There were 1.25

Marketing 82

Marketing New Construction Construction Investor 82

HomeLight

APRIL 14, 2023

That doesn’t mean that you won’t get an acceptable offer, but “the cash buyer just has a little bit more leverage than someone who’s financing.” The sale won’t be contingent on the buyer ordering an inspection, waiting for their home to sell, or securing financing. Pros Selling your home for cash can make the process go much faster.

Sales 87

Sales Due diligence Agents Closing 87

HomeLight

MAY 23, 2022

Average days on market for Wisconsin. 46 Days (from listing to contract). Sellers must disclose any known issues related to wells, septic systems, and storage tanks, including: Well defects due to construction issues, improper closure or contamination. Fast facts about selling a house ‘as is’ in Wisconsin. Disclosures.

As-is 110

As-is Inspection Investor Closing costs 110

HomeLight

SEPTEMBER 15, 2022

Everything from construction costs and local demand to city or state bureaucracy and more can affect housing inventory. According to a National Association of Realtors (NAR) report, homes only sat on the market for a median of 14 days before selling earlier this year — an extremely short window for median days on market.

Marketing 93

Marketing Mortgages Agents Sales 93

HomeLight

APRIL 5, 2023

In addition, builders can be incentivized to negotiate to clear new construction inventory at the end of the year. It’s also very tech driven so tech companies coming to the area and tech layoffs affect the surrounding housing markets. Interest rates are constantly changing and the California housing market moves fast.

Agents 92

Agents Closing As-is Sales 92

Norada Real Estate

FEBRUARY 6, 2021

This can make a particularly compelling case to buy residential properties for investment purposes in expensive markets like New York City. Most homebuyers who use a mortgage loan to finance their purchase will need to put down a certain percentage of the sale price. On average, homes in Bay Ridge sell after 169 days on the market.

Days on market 105

Days on market Investor As-is Marketing 105

HomeLight

MARCH 31, 2021

The sting of the market tumble kept cautious home builders from excessive building in the decade to follow, suppressing inventory while buyer demand continued to grow. Zoning restrictions cause building delays or thwart construction completely: Many cities limit new housing with strict zoning laws and building regulations.

Marketing 89

Marketing Banks Land Sales 89

HomeLight

APRIL 21, 2023

No contingencies: Cash buyers can waive contingencies that can make negotiations difficult, namely the financing contingency and appraisal contingency. The lack of land and the inability to build new construction has also limited development of additional housing, according to Cane. So we’re just out of land.” Sale to list price: 103.4%

Investor 74

Investor Renovation Closing Sales 74

HomeLight

FEBRUARY 7, 2022

No financing contingency or delays. In December 2021, it took more than 50 days to close on a purchase loan on average, according to data from ICE Mortgage Technology. So, even if you sign a purchase offer in 5 days, you’ll likely still face a significant waiting period when working with a financed buyer. No open houses.

Inspection 102

Inspection Staging MLS Agents 102

Marco Santarelli

AUGUST 18, 2022

The NH Housing Market Report by the New Hampshire Housing Finance Authority describes a market in “turmoil, buffeted by rising interest rates and economic uncertainty that presents extraordinary challenges for renters and homebuyers.” The New Hampshire housing market is still strong despite rising mortgage rates.

Marketing 52

Marketing Fixed-rate mortgage Sales Days on market 52

The Close

SEPTEMBER 8, 2022

homes spent a median of 14 days on market in June 2022—down 3 from 17 days in June 2021. sold below list price–and indication that the market is slowing. YoY, a sign that the market is stabilizing. 762,00 newly constructed homes sold in 2021. In Jun 2022, more than 55% of homes in the U.S. More than 6.1

Equity 139

Equity Agents Brokerage Closing 139

Marco Santarelli

FEBRUARY 1, 2023

This database shows the number of days on market and includes notes that indicate whether the property was updated, whether the seller offered concessions on the sale, and so on. Because there is a fixed cost on a house based on the value of the land, cost of construction, sewer, subdivision plans, and other factors.

Marketing 96

Marketing MLS Due diligence Sales 96

Marco Santarelli

SEPTEMBER 8, 2021

Days on Market Until Sale dropped from 24 to 7, down – 70.8%. When compared to last July, the average days on market before a sale fell dramatically this month. In July, the average number of days on the market was seven. Closed Sales dropped from 2,391 to 1,974, down – 17.4%. down – 62.5%.

Marketing 105

Marketing Sales Days on market As-is 105

Housing Wire

MARCH 22, 2024

Before meeting with a mortgage lender, buyers should have a clear picture of their finances. There’s nothing more frustrating for agents or buyers than dealing with a 1-800 number when there’s a financing issue and the commitment date is looming. Drive neighborhoods at different times of day. Meet with a financial advisor.

Agents 424

Agents Pre-approval Pre-qualification Inspection 424

Marco Santarelli

SEPTEMBER 21, 2020

Today, the general trend for SFR construction in San Diego County is still far below the 2002-2004 numbers. The next peak in single-family residential construction will likely begin around 2021 but it is highly unlikely to return to the frenzied mortgage-driven numbers seen during the Millennium Boom. Median Days on Market equaled 8.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

JANUARY 26, 2021

The fast-uneven growth in the metro area as seen in Denton and Collin counties with new families has seen the construction of new homes and new apartments. State and local governments provide tax incentives, financing assistance, and an array of services to help companies establish or expand in Texas. year-over-year.

Marketing 105

Marketing Investor Residential As-is 105

Marco Santarelli

AUGUST 3, 2020

Rising prices may keep some from participating in the market, high property taxes can deter the expected growth, but the reality is San Antonio continues to rank as one of the best places to live across the country. There are also a wide variety of economic and political factors that can and do impact real estate markets.

Marketing 124

Marketing Investor Sales Construction 124

Marco Santarelli

JULY 24, 2020

New construction permits in all cities often lag due to community resistance which blocks new housing. Median Days on Market equaled 19. . San Francisco Real Estate Market Forecast 2020 – 2021. There have been delays in closings due to financing issues as loan funding has slowed down. from a year ago.

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

SEPTEMBER 14, 2020

On average, homes in Dallas, TX sell after 58 days on the market. The trend for median days on market in Dallas, TX has gone down since last month, and slightly down since last year. Let’s continue to explore the Dallas housing market trends to understand what it will look like in the second half of 2020.

Marketing 135

Marketing Investor Sales As-is 135

Marco Santarelli

SEPTEMBER 21, 2021

On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. Following the real estate market decline in 2007 in the U.S., Construction has been booming in Detroit these past couple years.

Marketing 111

Marketing Investor Residential Sales 111

Marco Santarelli

SEPTEMBER 22, 2020

On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.

Marketing 140

Marketing Sales Investor As-is 140

Marco Santarelli

NOVEMBER 27, 2021

Local real estate professionals have criticized a recent national research warning of housing market problems in Bakersfield, claiming the study's concerns are grossly exaggerated and that, if anything, circumstances are steady, if not improving. Bakersfield Housing Market Trends 2021. The median listing price per square foot was $147.

Marketing 97

Marketing Investor Sales As-is 97

Marco Santarelli

AUGUST 10, 2020

year over year to $335,200, according to March 2020 market report released by ABoR. months of inventory, and average days on market decreased from 65 days to 54 days. There are also a wide variety of economic and political factors that can and do impact real estate markets. months year over year to 1.6

Marketing 141

Marketing Residential Investor Sales 141

The Close

DECEMBER 29, 2022

Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Liens can come from unpaid mortgages, construction bills, even HOA fees.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

HomeLight

AUGUST 12, 2022

Skip repairs and close in as few as 10 days. Average days on market for California. Rooms or construction completed without a permit or non-compliant with building codes. Not only do those relatively inexpensive updates attract buyers, but they also improve the property’s chances of being eligible for financing.

As-is 101

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 101

HomeLight

JANUARY 28, 2022

Evaluate market trends that indicate pricing fluctuations in various nearby neighborhoods and provide the median listing price, days on market , estimated value, and sale price. However, Medford says in the current seller’s market, this is not an issue. Additional trends to list could include: List price vs. sales price.

Marketing 104

Marketing Renovation Agents New Construction 104

Marco Santarelli

AUGUST 2, 2020

About 1 percent of Redfin customers waived either a financing or inspection contingency last month. Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year. Days on Market increased 17.9 percent to 79 days.

Marketing 142

Marketing Sales Pre-approval Investor 142

Marco Santarelli

JANUARY 3, 2021

They can help you with financing as well. You need to think strategically when choosing and purchasing your rental property, and to work in line with both market trends and the general guidelines that dictate whether your investment is poised to succeed or not. Financing Your Rental Property Investment.

Investor 105

Investor Property Management As-is Equity 105