Appraisal Today
MAY 17, 2024
NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?
Appraisal Today
APRIL 26, 2024
What should appraisers look for in a sales contract? built in 2000. No detail has been spared in this thoughtful renovation, from the custom three-story open square-nosed European tread lightwell staircase to the wide plank Stuga white oak flooring, to the dramatic designer lighting fixtures throughout. percent from 7.13
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Appraisal Today
DECEMBER 2, 2022
Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft. He remembered me from Valuation 2000. Both measures were at their lowest levels since 2000.”. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 6.49
Property Metrics
AUGUST 13, 2020
In the United States, the inflation rate has been around 2% per year since the year 2000. If corporations suddenly start allowing a large percentage of workers to engage in remote working contracts, the market demand for office space will dramatically decrease from previous forecasts.
Appraisal Today
JANUARY 12, 2024
Acre lot Built in 2000 and recently renovated, the main estate and guesthouses offer a total of 7,455 square feet of living space. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.81 The average contract interest rate for 5/1 ARMs increased to 6.17
Appraisal Today
JULY 29, 2022
The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. This is actually about fewer buyers getting into contract. Mortgage applications declined for the fourth consecutive week to the lowest level of activity since February 2000. percent from 5.82
Appraisal Today
SEPTEMBER 29, 2023
After a painstaking renovation of the 13,872-square-foot property, they moved in in 2012. percent, the highest rate since December 2000, and the 30-year fixed jumbo mortgage rate increased to 7.34 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.41
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