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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

Next, the appraiser will gather relevant information about the property, such as property records, tax assessments, and any available documentation on recent improvements or renovations. The surrounding area, access to transportation and amenities, and potential zoning changes that may affect the property’s value are all considered.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

What is a prime location for office and retail space today may be empty 20 years from now. Changes in city growth or transportation patterns or reductions in public goods and services can all negatively impact the desirability and value of a particular property. Cities, however, act as dynamic and evolving organisms.

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

The Robert Weiler Company

It could take the form of mixed-use real estate, an apartment building, office building, shopping center or retail building, industrial property for sale, and more. Most professional commercial real estate appraisers employ a mix of the following strategies: By cost : How much would it cost to build or significantly renovate the property?

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Investors’ Guide to Mixed-Use Property for Sale: Understanding the Live-Work-Play Hybrid [2021]

The Robert Weiler Company

The sector offers a head-spinning amalgam of residential, commercial, hotel, and retail space; however, each piece harmonizes to form an immediate community. According to the National Community and Transportation Preference Survey by the National Association of REALTORS®, 53 percent of Americans prefer walkable communities.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”.

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7 Reasons to Invest in Multifamily Properties for Sale in 2022

The Robert Weiler Company

The typically popular retail, office, and hospitality markets showed slow recovery. As urban populations increase in density and priorities are shifting to preserving or developing more green space and better public transportation, we anticipate continued growth in this area. billion in 2019.