Empire Appraisal Group

SEPTEMBER 16, 2021

Sales of existing homes rose 1.5% And the number of contracts signed to buy homes, a leading indicator of final sales, has fallen for two straight months. The COVID-19 pandemic has driven many Americans to seek homes in suburban areas that provide more space and are not as congested as apartments in big cities.

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The Robert Weiler Company

SEPTEMBER 7, 2022

Figures from the Ohio REALTORS® Housing Market Report reveal that Ohio home sales reached historical levels in May 2022. Homes sales reached 14,210 in May 2022, a 1.8% increase from the May 2021 sales level of 13,955. Land sales grew by 6% in 2021, exceeding the sales growth of other commercial real estate sectors.

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Marketing Real Estate Investing Retail 78

Appraisal Today

MARCH 22, 2024

Updated Unacceptable Appraisal Practices (bias words) – the overall occurrence rate which has declined from 0.15% of appraisal reports in 2021 to just 0.03% in 2023 (see Figure 1). It can impact home values, insurance costs, and the overall stability of a housing market.” “The The fix here just might be a fortress-style home.

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Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. trillion in 2021. Some markets were affected more than others.

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Listing Spark

SEPTEMBER 25, 2023

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Markets like Austin, which experienced the most substantial surge in values between 2020 and 2021, have seen the most significant increases in months’ supply of inventory and days on market.

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Real Estate Sellers New Listings Inventory 69

Appraisal Today

FEBRUARY 23, 2024

I find myself scouring 2021 onward especially. The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. .” Even tract homes are still interesting to me. percent the previous week.

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Quicken Loans

APRIL 7, 2021

Today, we would like to spotlight another factor causing issues in the housing market and possibly even delaying construction of homes in some areas. There’s a real shortage of the necessary materials for constructing and renovating homes at this point. New Residential Construction. Pending Home Sales Index.

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Real Estate Marketing Real Estate Agent Construction 43

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. How Grocery Store Locations Impact Home Values. The average value for homes near a Whole Foods is $891,416, and $321,116 for homes near an ALDI. Excerpts: Built 1990 | 6,106 Sq. 5 Beds | 5.5+

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Appraisal Today

FEBRUARY 24, 2023

. = Surviving the Current Slowdown by Kendra Budd, Editor, Working RE Excerpts: While the actual volume of appraisal work has only declined to the equivalent of a slow month in 2018 or 2019, the volume of appraisals has declined over 60 percent from the busiest month in 2021 compared to the later (slower) months of 2022. percent from 6.39

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Appraisal Today

JUNE 10, 2022

Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. “Americans have seen home values rise at record rates over the past few years. The rate environment of 2020/2021 is the biggest problem because it cleared out a vast majority of refi potential from the market.

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Houston Properties

JANUARY 12, 2022

Read More To Learn How To Avoid Buying Homes With Flooding History. Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Homes on a major thoroughfare tend to sell at larger discounts. Homes built with a bad or awkward floor plan tend to sell slower or at larger discounts.

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Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

MAY 19, 2023

And while the stone home’s price tag is the steepest in the state, “the cost to recreate this property today would be north of $30 million,” according to the listing. The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate.

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Will Springer Realtor

APRIL 10, 2024

Climate-resilient housing, which is designed and constructed to withstand and adapt to the impacts of climate change, is increasingly recognized as a critical priority for our region. Insurance companies may argue, however, that the costs are simply increasing along with home values. The average mortgage holder paid $4.90

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

NOVEMBER 12, 2021

Seattle’s zoning regulations call for inclusionary housing in multifamily construction but most developers pay penalties instead of providing affordable units. Starter homes in Seattle conservatively cost about $350,000 – only 44% of today’s median sale price of $790,000 for all home types. Some parts of the U.S. – As of Nov.

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. This newsletter started 2021 raving about the explosive growth across the Eastside and there is no sign of a letup. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue.

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