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Appraised Value vs. Market Value: They Are Not the Same!

Appraised Value vs. Market Value: They Are Not the Same!

by Dan Harkey | May 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315  | e: [email protected] There are multiple methods for determining a property’s value, including market value and appraised value. There are also numerous definitions of value conclusions...
TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

by Third Party | May 9, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: RisMedia —  A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on...
NAHB Announces Best of 55+ Builder of the Year and For-Sale Community of the Year

NAHB Announces Best of 55+ Builder of the Year and For-Sale Community of the Year

by Third Party | May 9, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: NAHB —  As part of The Nationals awards program, NAHB named Traditions of America in Berwyn, Pa., the Builder of the Year and Trilogy® in Country Pointe Plainview Madison in Plainview, N.Y., the For-Sale Community. The awards were presented during the...
Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief

Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief

by Third Party | May 9, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Redfin —  The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
How to take advantage of rising interest rates

How to take advantage of rising interest rates

by Third Party | May 8, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: CNN —  In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point — the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly...
Your House Could Be Closer to List-Ready Than You Think

Your House Could Be Closer to List-Ready Than You Think

by Third Party | May 8, 2022 | Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in...
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