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Beware of gloom and doom housing market crash headlines

Housing Wire

Remember, in 2010 we had the homebuyer tax credit so that I wouldn’t count that data line. months, builders pull back, and new construction stalls. It is not designed to generate sensational headlines. Existing home sales, on the other hand, are not as extreme as pending home sales. When monthly supply goes above 6.5

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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

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How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

and other higher learning institutions, such as Columbus State Community College, Columbus College of Art and Design, and Franklin University. Census Bureau, Columbus, Ohio has ranked #1 for population growth among comparable large Midwest metro areas between 2010 and 2020. from 2010 to 2020. According to the U.S. Express, Inc.,

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Fannie Mae Changes 2018

Robinson Appraisal Group

This form has been a requirement since 2009 as a tool to establish the increase, decrease or stabilization of markets in the aftermath of the housing crisis occurring between 2007 – 2010 due to sub prime lending practices. So what is the 1004MC form? To perform true trend analysis you need to compare apples to apples.

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Breathtaking Transformation of Seattle’s Denny Way

Will Springer Realtor

Denny Center offers a non-traditional sloping design, with a dramatic, 4-story podium that fills a triangular footprint between Denny, Fairview and Virginia Street before meandering 41 stories into the sky with a wider perimeter on the lower floors. Not this pair on Denny Way. Below will be a lounge area. Think of the possibilities!

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The last domino before a recession? Job losses

Housing Wire

From BLS: Below are the areas where the report says jobs were created, and the construction job growth data is encouraging to see. Also, we must be mindful that multifamily construction has been good this year, with rental demand still solid. My sixth recession red flag model was fully raised on the same day as the last jobs report.

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How to select appraisal comps

Appraisal Today

Classically designed to show a high degree of architectural integrity and balance. There’s no rationale or logic for this not being done years ago as a required adjustment, starting in 2010. This definitely increased the development costs in the new construction, resulting in higher home prices.