Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 410

Agents Seller concession Closing costs Mortgages 410

Real Trends

JANUARY 2, 2023

Real estate is a roller coaster for most agents: tough market conditions, personnel issues and fierce competition can leave any agent or other entrepreneur feeling defeated. Struggling agents may try to partner up and deliver better value to their clients to remain competitive in this tech-focused market. What’s ahead in 2023.

Seller concession 99

Seller concession Agents Mortgages Equity 99

Realty Biz

MAY 20, 2021

The phrase “record breaking” is everywhere at the moment, from major companies reporting record-breaking returns to market experts who predict a record-breaking post-pandemic economic boom. . Although the housing market took a record-breaking nosedive in 2020, there’s light on the horizon as the U.S. One year into the pandemic.

Marketing 79

Marketing Seller concession Fixed-rate mortgage Mortgages 79

Real Trends

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 99

Agents Seller concession Closing costs Mortgages 99

Housing Wire

FEBRUARY 2, 2024

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. HECM volume, inbound inquiries HECM endorsements fell on a per-unit basis by 1.7%, according to RMI , to 2,153 loans for the month of January.

Mortgages 410

Mortgages Seller concession Loans Finance 410

HomeLight

SEPTEMBER 30, 2021

According to California real estate agent Ed Kaminsky , an appraisal is a “verification process” that the market did its job and the market value for your home is accurate. They’ll find at least three homes, Kaminsky says, that are similar in size, age, location, and condition to compare sale prices and evaluate market conditions.

Pre-approval 98

Pre-approval Seller concession Finance Banks 98

HomeLight

OCTOBER 30, 2020

If you list too late in the foreclosure process, you won’t have time to prep the house, and you’ll have to list at a lower than market value price just to get it to sell in time to beat the foreclosure clock. Get your house on the market so you have the time to sell at a fair price.”. You’re not alone in facing foreclosure.

Short sale 104

Short sale Banks Equity Mortgages 104

Redfin

JUNE 28, 2022

The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house. Marketing and showing your home. In the face of a strong seller’s market , the prospect of selling for top dollar may be too good to pass up for some. Mistakes to avoid.

Staging 62

Staging Renovation Closing costs Agents 62

HomeLight

AUGUST 28, 2020

We spoke with John Boyles, Head of Capital Markets at HomeLight, to walk us through the finer points of mortgage points. That extra MI cost could override any savings you’d see from discount points — at least until you hit 20% equity on your home, and get rid of your MI payments. Here’s what you need to know. What are discount points?

Mortgages 97

Mortgages Loan Officer Loans Seller concession 97

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Using recent sales records, market trends, and your home’s latest selling price, HomeLight’s Home Value Estimator provides a preliminary range of value for your property in under two minutes.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee.

Seller concession 106

Seller concession Inspection Rent back Closing 106

HomeLight

DECEMBER 2, 2021

In this guide, we dive deep into what costs sellers should expect to pay. Keep in mind that fees may vary widely based on your location, market conditions, and whether your home requires repairs before selling. We detail what costs you’re likely to incur and what sellers pay on average. Cost to seller. Seller concessions.

Seller concession 119

Seller concession Staging Inspection Renovation 119

Realty Biz

JULY 31, 2023

The idea is that you create enough equity when you renovate the property to then take a cash-out refinance once renovations are finished. Negotiate a Seller Concession As my grandfather taught me growing up, you don’t get what you deserve in life; you get what you negotiate. Not all sellers will consider it, of course.

Seller concession 81

Seller concession Closing costs Renovation Equity 81

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. Below are trends, data points, and visuals that defined the 2023 housing market. The market was extraordinary; it felt hot, even though very few homes changed hands.”

Marketing 65

Marketing Mortgages Investor New Construction 65

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. So if you’ve got enough equity in your home, you won’t have to worry about coming up with cash at closing.

Closing costs 100

Closing costs Closing Purchase and sale agreement Title 100

HomeLight

JUNE 29, 2022

Comps give you a range for its “ market value ,” which you can then add or subtract from based on your home’s unique characteristics and features. Comps sold within the last 60 days are preferable because their sale price reflects current market conditions. What factors are used when finding comps?

MLS 109

MLS Seller concession Agents Sales 109

Realty Biz

SEPTEMBER 4, 2023

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. To cover closing costs, negotiate a seller concession. For a tidy profit margin. But “simple” doesn’t mean “easy.” What it doesn’t take is much money.

Earnest money deposit 86

Earnest money deposit Seller concession Investor Hard money loan 86

HomeLight

JULY 12, 2022

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. from the prior month and 8.6% from one year ago. Get Estimate.

Seller concession 106

Seller concession Closing costs Renovation Title search 106

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

Closing costs 104

Closing costs Equity Short sale Agents 104

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. or “Can I sell a home after owning it for one year?”.

Closing costs 101

Closing costs Equity Short sale Sales 101

Realty Biz

MAY 24, 2021

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. To cover closing costs, negotiate a seller concession. For a tidy profit margin. But “simple” doesn’t mean “easy.” What it doesn’t take is much money.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126

HomeLight

AUGUST 25, 2020

“Or perhaps it is just a seller’s market and selling makes sense, even after a short time.”. Real estate isn’t a get-quick-rich scheme: Although there are some hot markets that might see quick appreciation, in most cases the value rises slowly over a period of years. This type of appreciation is governed by forces in the market.

Principal 73

Principal Equity Seller concession Title 73

HomeLight

FEBRUARY 25, 2022

The key thing for people to do is to gain knowledge of their market,” says Studebaker. Life happens, but there are options other than selling to help you build up enough equity in your home before putting it on the market. In a seller’s market, being knowledgeable on the tax implications is more important than ever.

Seller concession 103

Seller concession Closing costs Investor Agents 103

HomeLight

MARCH 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits.

MLS 103

MLS Agents Mortgage pre-approval letter Sales 103

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 107

MLS Purchase and sale agreement Pre-approval Agents 107

HomeLight

SEPTEMBER 10, 2022

Of course, the biggest question on your mind is: Has the housing market held strong enough to actually see your home appreciate in value so you won’t lose money? According to Wiggs, even the active New York market has cooled down since last year. Our market is shifting a little bit, right? Get Estimate.

Closing costs 104

Closing costs Agents Seller concession Closing 104

HomeLight

APRIL 14, 2023

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

Sales 96

Sales Due diligence Agents Closing 96

HomeLight

NOVEMBER 10, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 98

Purchase and sale agreement MLS Agents Pre-approval 98

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 98

MLS Agents Sales Land 98

HomeLight

APRIL 13, 2023

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS 98

MLS Agents Sales Mortgage pre-approval letter 98

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 99

Purchase and sale agreement MLS Agents Sales 99

HomeLight

DECEMBER 8, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 98

MLS Agents Sales Closing 98

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 96

MLS Agents Sales Inspection 96

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 90

Purchase and sale agreement MLS Pre-approval Agents 90

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 89

Purchase and sale agreement MLS Pre-approval Agents 89

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Nebraska real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 97

MLS Agents Sales Mortgage pre-approval letter 97

HomeLight

OCTOBER 1, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Ohio real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 104

MLS Pre-approval Agents Sales 104