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Market Still Strong as Low Inventory Persists- February Newsletter

DW Slater Company

The biggest answer is inventory. The inventory is still at very low levels. There are multiple reasons that inventory is still low but two major reasons, are that building costs and supply chain issues keep new construction from building as much to meet demands and existing homes are not coming on the market.

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Can a New Construction Sale be Used as a Comp for an Older Home?

Birmingham Appraisal

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. Prices have held steady and even increased in some areas due to limited inventory. The cost approach is most relevant for new or like new construction.

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Can New Construction Sales be Used in an Appraisal of an Older Home?

Birmingham Appraisal

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. Prices have held steady and even increased in some areas due to limited inventory. The cost approach is most relevant for new or like new construction.

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Housing Market Predictions for 2022 and Other Appraisal News

McKissock

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you. Boise City, Idaho.

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Housing Market Down But Not Out- January Newsletter

DW Slater Company

Well, 2022 started out with a bang as prices soared like a rocket. As we look at the housing market for 2022, a clear shift has occurred. Inventory is down from the previous month but up from the same time last year. – Cleveland Appraisal Blog How Was The Housing Market in 2022?-

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2022 Housing Market Predictions: What To Expect

Quicken Loans

In combination with low housing inventory and labor shortages, that drove up selling prices. Here are a few housing market predictions for 2022 to help you prepare for the market’s future. And this trend will likely continue, and grow, into the year 2022. Home Inventory Will Slowly Rise. Buyer demand continued.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Housing market trends for 2022. Opportunities for appraisers in 2022.