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What’s Happening With the Nation’s Housing Inventory?

McKissock

In 2008, many people lost their homes when the housing bubble burst. Need for New Construction. Those who can wait for construction may find the idea of building their own home the way they want quite attractive. Construction Workforce Concerns. Unfortunately, there is also a lack of workers in the construction industry.

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Tips for Increasing Your Home’s Value Without Spending a Fortune

Cleveland Appraisal Blog

Generally speaking, real estate is one of the most secure investments you can make, and bar any situations like the crash in 2008, you are pretty much guaranteed a constant increase in value and desirability. Again, there is not much you can do about construction materials. Materials used. Is there water damage around your windows?

Appraisal 249
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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

2008 illustrated to the market what happens when too many interested parties get a hand in sales transactions.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. ” “Location, location, location!

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What New Appraisal Specialty Do You Wish to Break Into?

McKissock

Gentrification and renovations are rapidly increasing values. Appraisers need to be up to speed more so than in the crash of 2008 when values fell. ” “It appears that green home features are becoming more common in remodeling and new construction assignments.” Green home appraisal (16%).

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Investor Financing Heats Up

Patch of Land

percent a year ago and the highest level since third quarter 2008. Flipping in Houston was down in the first quarter, according to ATTOM Data Solutions statistics, because of the time it takes to acquire, renovate and then flip a home. Homes purchased with financing and then flipped represented 35.7 Why Financing is on the Rise.

Finance 31
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What are Millennial Homebuyers Looking For?

Raleigh Realty

With the increase in student loan debt, frequent career shifts, and living through the 2008 housing crisis, many may consider millennials financially insecure and opposed to home ownership. 67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. Mobile phone use reigns supreme.

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Real Estate Real Fast EP1 (with Romney Navarro, hard money lender expert and CEO of Streamline Funding)

Listing Spark

10:33 – Why having the right partner is important if you want to get into investing or building new construction with hard money lending. However, the degree of difficulty on a fix and flip is lower than difficulty on a new construction. We stuck around in 2008 because we had a little balance sheet. 67% is my average.