Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years.

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Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. The title industry has finally put the foundation in place for a modernized workflow. in question.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. We’ve found five glorious examples of glass houses on the market right now. I am still messed up from the time change last Sunday. =

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Appraisal Today

JANUARY 5, 2024

Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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Listing Spark

SEPTEMBER 27, 2023

Every industry is undergoing market pressure—and market opportunity—from automation and more comprehensive software solutions. Then, we’ll look at the most crucial types of property investment software you’ll need to have so you can continue to thrive as the markets shift.

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Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. To see the listing with 19 photos, Click Here == LoanDepot Appraisal Discrimination Settlement By Peter Christensen, March 28, 2024 Connolly and Mott v. The second development in the case is that on March 22, 2024, the attorneys for Drs.

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Appraisal Today

MARCH 8, 2024

It’s not a black and white answer: There’s not one black-and-white answer that applies to every house, price range, location, or market. I’m always looking for something new = Shifting Tides in the Housing Market: A February 2024 Perspective By Kevin Hecht Excerpts: As we navigate through the early months of 2024, the U.S.

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Appraisal Today

MAY 17, 2024

I always do market conditions adjustments (or explain why not) and for views and other factors that significantly add to value. Not for a number, but about marketability. Originally hitting the market in 2022 for $72 million, the estate has seen various price decreases since then. I use Excel and MLS data. baths, 45,000 sq.ft.,

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. What should appraisers look for in a sales contract?

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Appraisal Today

FEBRUARY 23, 2024

The challenge of pulling comps in 2024 By Ryan Lundquist February 14, 2024 Excerpts: Pulling comps in 2024 is tough. I also have some market recap visuals to unpack what’s been happening in 2024 so far. Market conditions is the easiest adjustment to make. Think about it this way. Let’s talk about this.

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 per month, $24.75 Click here for more info.If

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Appraisal Today

APRIL 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 Very easy marketing – letters or post cards.

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Appraisal Today

OCTOBER 13, 2023

If you say the market is stable, perhaps you add a sentence or two to expound on that. And in 1992, this daring design was purchased and transformed into a single-family home, which recently hit the market for $25 million. We’re breaking down the USPAP 2024 changes, so you know what to expect.

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Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. You need to know the market. Worth reading. A good summary. Many people don’t like them.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+

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Listing Spark

MARCH 12, 2024

Online home-selling platforms and tools include all the resources sellers need to market their homes and complete the entire sales process. Step 1: Conduct Pricing Research Once you’ve decided to put your home on the market, start with some research. Even better, they can access market research you can’t.

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Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Who Moved My Appraisal Cheese?

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Appraisal Today

JULY 28, 2023

Standards Rule 1-3(v), requires analysis of “market area trends.” Unfortunately, “market area” is not defined. Market area trend is not relevant! (An Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? I can give you lots of how to and marketing tips.

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Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract.

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Listing Spark

JANUARY 22, 2024

In the real estate investment market overall, activity remains high and profitable—even reaching measurably above pre-pandemic levels. For both new and experienced real estate investors, this bodes well for the 2024 market. Up-to-the-minute knowledge: Because the real estate market is so turbulent, trends are changing every day.

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Appraisal Today

NOVEMBER 24, 2023

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. The Market Composite Index, a measure of mortgage loan application volume, increased 3.0

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Appraisal Today

MAY 19, 2023

I have been reading about using Chat GPT for appraisal marketing and narrative reports, but this is the first I have read about form reports. Getting on AMC lists does not require any marketing, such as business from almost any other type of client. I don’t like marketing either. I understand completely. No hassles.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. If there is a silver lining for those in the market for a home, it’s that prices should fall as demand eases. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak.

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Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” Our market earned a score of 57.1,

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Will Springer Realtor

MAY 13, 2024

Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. MAY HOUSING UPDATE Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. But for how long? By 2035, they will be between 73 and 91.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

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Real Estate Modernization Construction Supply Chain 36

Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. Marketing is very easy with fast results. I strongly support Byron Miller for 2024 AI Vice President.

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Appraisal Contracts Architecture Law 52

Will Springer Realtor

OCTOBER 11, 2023

MHA requires developers building market-rate apartments, townhomes and other developments to either include affordable units on-site or pay fees. It would cost the owner of an $800,000 home in Seattle about $360 in 2024, or more than triple the expiring housing levy of $115. Those fees are used to fund affordable housing in the city.

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Will Springer Realtor

MAY 9, 2022

A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. housing market is unrealistic. million sq. And have you ever driven on I-405 during rush hour?!)

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Will Springer Realtor

JUNE 9, 2023

city and it comes only a year after our market experienced a net loss of about 4300 people. Can the housing market cope with rising demand? We need every market-rate and affordable home that developers can produce. It’s the bacon and eggs of the housing market – two staples that are often linked to one another.

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Will Springer Realtor

MAY 12, 2021

Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. housing market needs 3.8 Among that group, 10% of current owners plan to put their homes on the market in 2021, translating into about 1.5 million individuals annually. this year. >>

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