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Builders rediscover a tool from the 1980s that keeps new home prices from falling

Housing Wire

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns , a tool more widely used by builders since their business is selling homes and clearing inventory. months in January 2022 to 10.1

Tools 365
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Manufactured housing is key to affordable homeownership

Housing Wire

All manufactured home residents enjoy the benefits of strong national uniform HUD construction and safety standards — the HUD CODE — which governs new manufactured homes. Therefore, HUD can and should use this tool to push back against local zoning that inappropriately seeks to keep out manufactured homes.

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Crestwood—Neighborhood Analysis of Single-Family Residential Homes (November 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. The data export was checked, validated, and scrubbed of obvious errors using custom tools developed by the author. Approximately 3% of sales in the neighborhood were new constructions. With that out of the way, let’s look at some neighborhood stats.

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Far Southwest—Neighborhood Analysis of Single-Family Residential Homes (August 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. The data export was checked, validated, and scrubbed of obvious errors using custom tools developed by the author. Approximately 6% of sales in the neighborhood were new constructions. With that out of the way, let’s look at some neighborhood stats.

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Lake Oswego—Neighborhood Analysis of Waterfront Single-Family Residential Homes (July 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the July 2019. The data export was checked, validated, and scrubbed of obvious errors using custom tools developed by the author. There has been relatively little new construction along the lake with ~3.8% With that out of the way, let’s look at some neighborhood stats.

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South Portland—Neighborhood Analysis of Single-Family Residential Homes (July 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. The data export was checked, validated, and scrubbed of obvious errors using custom tools developed by the author. There has been relatively little new construction in the neighborhood with ~5.8% With that out of the way, let’s look at some neighborhood stats.

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Non-Arms Length Sales for Appraisers

Appraisal Today

This practice may shed light on why the correlation between home values and neighborhood racial composition strengthened again from 1980-2015, while the connection between home values and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened. built in 2000.