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Appraisals: Using Comps Across a Freeway?

Appraisal Today

The areas north and south of Highway 50 below represent the College-Glen area… Why it’s no biggie to pull comps like this A) Prices are similar: Prices are similar on each side of the highway. Today I have some thoughts about location, comp selection, and lenders freaking out when schools are mentioned in appraisal reports.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. This is creating a “tale of two cities” both locally and nationally. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Do You Want To Buy A Home Now?

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Best real estate apps for agents in 2024

Housing Wire

purchase Use it for: 3D tours and video production Apple Store Google Play Why we chose it: One of the most buzz-worthy apps of 2024, Pivo Real Estate is the Matterport killer we’ve been waiting for. rating from more than 1,200 agents in the App Store, Real Geeks power users seem to agree with our assessment.

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NAR Appraiser Survey July, 2023

Appraisal Today

The 21 percent who cite other challenges are most likely to cite lack of business/slow market, rising interest rates, low fees, and to reiterate pressure from AMCs. This year, this option was broken into three separate AMC-related issues. This is up sharply from 27 percent last year. A very good graphic is included for each section.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic. Office vacancies in U.S.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.

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How Much Income You Need To Buy A Home In West / Southwest Houston

Houston Properties

COVID-19 and subsequent government actions had an impact on the average American household’s finances and purchasing power. Appreciation was generally offset by the record-low interest rates. However, some lenders have special 0% or 5% down loans. How Much Income You Need To Buy A Home In West / Southwest Houston.