Housing Wire

OCTOBER 4, 2023

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). gain in 2005. The effects on each industry segment were disparate, the most recently available data for 2021 shows. There were 102,235 firms in 2021, surging 11.5%

Landlords 367

Landlords Agents Brokerage Supply Chain 367

Housing Wire

FEBRUARY 16, 2023

In an odd twist of fate, the delays due to COVID-19 are currently an infrastructure and jobs program for Americans in the construction industry. As you can see below, housing completions are slowly moving along; the homebuilders have more new homes under construction that they haven’t even started yet than active new homes for sale.

Construction 483

Construction Housing Market Inventory Mortgage 483

Housing Wire

MAY 18, 2022

Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. As you can see below, the housing demand data from 2002 to 2005 was never apparent in any housing data lines from 2018 to 2022.

Mortgage 455

Mortgage Construction Contracts Housing Market 455

Appraisal Today

APRIL 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc. I was lucky to have never had to use new construction as a comp on an existing home. baths, 14,450 sq.ft.,

Appraisal 78

Appraisal Construction Contracts Architecture 78

Housing Wire

MARCH 16, 2023

What we see in this latest starts report is encouraging, as a record number of 5-units are still in construction and anything that gets finished is positive against inflation. As you can see, the 1974 recession destroyed the 5-unit construction production. The future growth of 5-unit construction will be at risk if a recession happens.

Mortgage 499

Mortgage Construction Marketing Contracts 499

Housing Wire

AUGUST 3, 2021

growth is the largest annual growth reported since 1979, as supply and demand pressures endure and construction costs continue to rise, said Frank Nothaft, CoreLogic’s chief economist. An index of 100 is equal to the average level of contract activity during 2001, the first year examined. ” The 17.2% rise from a year ago.

Buyers 498

Buyers Inventory Realtors Contracts 498

Appraisal Today

FEBRUARY 24, 2023

In 2005 I finally quit all residential lender work due to the huge ups and downs in business. Modern and contemporary styles still have a stronghold on new construction, but as we found, they have spawned many offshoots, each of which has bloomed into a distinct aesthetic in its own right. In the early 1990s, my market crashed.

Appraisal 52

Appraisal Architecture Valuation Business 52

Appraisal Today

FEBRUARY 9, 2024

I am so glad I quit doing residential lender appraisals in 2005! = single-family homes for sale in the fourth quarter were new construction. Construction also jumped during the pandemic as builders responded to surging homebuyer demand fueled by record-low mortgage rates. Nationwide, 31.8% That’s comparable with 31.9%

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

NOVEMBER 17, 2023

Thorne, was best known for his use of steel in residential construction. Most modern homes are constructed on a hillside lot on a downslope or upslope, with the house clinging to the side,” Morris says. I finally quit doing residential lender appraisals in 2005. The average contract interest rate for 5/1 ARMs decreased to 6.65

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

SEPTEMBER 17, 2022

Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. My comment: If you appraise new construction or are interested in the trends, subscribe to their email updates on the upper right side of the web page. 2,500 sq.ft., three bedrooms, and two bathrooms.

Appraisal 52

Appraisal Construction Contracts Insurance 52

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here. percent from 5.49

Construction 52

Construction Appraisal Modernization Contracts 52

GoForrmz

AUGUST 26, 2022

This can be as simple as implementing digital signature forms for student housing contracts, or as complex as building tech-centric study lounges for students. Campus Paper Waste” 2005. One thing to keep in mind, especially as you do any construction or renovation to your dorm facilities, is outlet access and space.

Technology 78

Technology Renovations Modernization Contracts 78

Appraisal Today

DECEMBER 9, 2022

The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. 31% of women and 27% of men signed up for Social Security at age 62 in 2018, down from around 54% of women and 50% of men in 2005, according to Social Security Administration data. Excerpts: Built 1990 | 6,106 Sq.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

DECEMBER 14, 2021

In addition to leisure and hospitality jobs, more workers are finding employment with tech companies – Amazon, Facebook, Microsoft and Google – particularly in Bellevue, Redmond and Kirkland, where the current wave of commercial construction is a precursor to an even greater demand for housing. established at the start of 2021.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Lamacchia Realty

DECEMBER 28, 2021

For Massachusetts, I had predicted in my 2021 Predictions that it would be the biggest year for overall home sales since 2005 and even though the final numbers aren’t in yet, it looks like my prediction will be right on. It’s not just about how to protect the client with MLS disclosures and contingencies in the contract.

Sellers 74

Sellers Inventory Buyers Realtors 74