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DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). This is likely because rates of nonpayment from both commercial and residential tenants skyrocketed during the pandemic.

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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Hire construction professionals you trust, and maintain oversight of the project throughout its duration. This will help you ensure that the construction staff is safe. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

Appraisal Hub

Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units. For commercial properties, this also involves analyzing the business environment and potential for income generation.

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Land sales for the office and retail markets increased by 3% in 2021.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.

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Common USPAP Appraiser Violations

Appraisal Today

homeowners and tenants. Finally, the vendor’s use of the photos is limited by contract, with stiff penalties for violation. Construction began on the 4,074-square-foot house in 2015, and finished two years later. HGTV featured the residence during its construction, on the first season of “Container Homes.”

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Fannie Files Complaint Against Appraiser

Appraisal Today

Note: This update does not apply to newly constructed manufactured homes because these items must be present on all new units. ADUs can be rented out to tenants, thereby adding to the supply of housing in a community. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36