Will Springer Realtor

APRIL 14, 2023

Speaking of Europe, major cities – from Porto to Prague – encourage the masses to use public transportation, bikes and walking over the use of vehicles. is working toward reducing the number of parking spaces required in new developments while adding more resources to support walking, cycling and public transport.

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Transportation Sellers Construction Real Estate 36

McKissock

JANUARY 6, 2023

You should also consider non-QM lenders (non-qualified mortgage lenders). Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. It is not unusual for these entities to have a variety of positions available at any given time.

Appraisal 74

Appraisal Training Lending Land Management 74

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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HOA Transportation Construction Buyers 36

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Mortgage rates were 18%+. By Dallas T. I worked for an assessor’s office then.

Appraisal 69

Appraisal Inspection Modernization Business 69

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% In its place, rising everything – home prices, mortgage rates and inflation (Why are eggs so expensive? households that could afford a modest $400,000 mortgage – about the amount required to purchase a median-priced home in the U.S.

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Real Estate Buyers Construction Sellers 36

Property Metrics

AUGUST 13, 2020

Borrowers holding a mortgage with a floating interest rate are negatively impacted by rising interest rates. As interest rates increase, so do the monthly mortgage payments. More indirect risks could be changes to local or federal tax rates, mortgage deductibility requirements, banking regulations, etc. Construction Risk.

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Real Estate Tenants Investing Construction 53

Birmingham Appraisal

APRIL 11, 2023

Typically, this area comprises homes that are similar in terms of age, quality, design, appeal, price range, school system, and transportation access points, among other factors. A negative adjustment would need to be made to the new construction sale that reflects the difference in value between the two properties.

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Realtors Bracketing Agents Buyers 88

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Will Springer Realtor

APRIL 11, 2022

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. Mortgage rates have risen by about 1.6

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Building developers are optimistic they can overcome many of the challenges. Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

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Sellers Marketing Supply Chain Construction 36

The Robert Weiler Company

NOVEMBER 10, 2021

NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. average office rental rate.

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Real Estate Retail Investing Tenants 78

Will Springer Realtor

JULY 9, 2021

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Create options for multiple modes of transport – bikes, cars and transit should all be factored in. Where would you like to see this type of neighborhood development? Send me a message.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

SEPTEMBER 12, 2023

These findings provide a strong economic base and cement walkable urban places and development as the wave of the future, as we move toward a more connected, environmentally sustainable way of life.” In addition, discussions are well underway between city leadership, neighborhood advocates and developers to consider placing a “lid” over I-5.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

JUNE 9, 2023

Investment in affordable housing near inexpensive public transportation is a key mechanism to reduce the cost of living, and housing investments can help mitigate climate change when coordinated with transit options. could potentially generate thousands of homes in areas already served by public transportation. from 48.0% from 48.0%

Buyers 36

Buyers Transportation Housing Market Law 36

Will Springer Realtor

DECEMBER 12, 2023

It was a year of gyrating mortgage rates and stubbornly high home prices. Mortgage rates rose and rose again to more than 8% but have since mercifully fallen by nearly a percentage point. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% San Jose, Calif.,

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 9, 2023

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%. Legislation related to transit-oriented development did not pass. The so-called rate-lock effect is prompting many homeowners to remodel over a move.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 9, 2022

ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. this chart shows, each time the economy slowed significantly, mortgage rates declined.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Now, home builders would need to construct as many as 1.2 points at 34.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

OCTOBER 8, 2021

The Federal Reserve, which has been buying mortgage-related securities for more than a year to artificially keep interest rates low, has signaled a desire to taper its bulk purchases within the next month or so. A 30-year mortgage in our area could be had for about 3.125%, up from about 2.875% a month ago. Who needs a car?!

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Real Estate Buyers Inventory Housing Market 36