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“It’s crazy”: Homebuilders big and small struggle to finish projects

Housing Wire

But homebuilders big and small continue to run into the same problems – building permits are on file, contracts with buyers are inked, but subcontractors often don’t show, and access to materials have led to longer build times and cost overruns. Housing starts are also looking up, rising 1.4% Currently, over 1.7 above the 2020 figure.

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. above the asking price (that’s why I coach my buyer/clients to search for homes 5%-10% below their comfort level).

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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Fannie and Freddie have long said that they want appraisers to tell them about their markets. USPAP and the Contract.

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Too many appraisers?

Appraisal Today

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. Hot housing market not a bubble, economists say. The hangar was built in 2009, and the home was completed in 2014. Jun 7, 2022.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true. percent from 6.57

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CubiCasa – Home Measurement From Inside A House

Appraisal Today

No lender work and many other clients want to know if you are licensed. They had to get licensed because their clients wanted it, particularly attorneys. The housing market has shifted. Fewer pending contracts (big news): We’ve seen a dip in pending contracts over the past few weeks, which speaks to shifting demand.

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Appraisals and Water Frontage

Appraisal Today

Communicating with non-lender clients is very, very different than lenders! To read lots more about non-lender appraisals, including many marketing tips, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. Two Trends Slowing Housing Market Normalization. Existing Homeowners, the Immovable Object.