2002 Buyers Construction Contracts 
Housing Wire
MARCH 17, 2022
Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. So far, housing construction has done well during 2020-2022 considering the economic drama. Today, the U.S.
Housing Wire
MAY 18, 2022
Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. We simply cannot finish homes in America promptly, and now that mortgage rates are over 5%, some buyers won’t be able to purchase a home.
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Appraisal Today
NOVEMBER 4, 2022
Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Buyer-Borrower Remorse. Essentially, the cases are situations of “buyer-borrower remorse.” Have a very responsive credo.
Housing Wire
AUGUST 23, 2022
So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with. can’t have a credit sales boom like we saw from 2002-2005. This time, we have less production of homes and more multifamily construction. This is 12.6
Appraisal Today
OCTOBER 21, 2022
The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system. But what will happen in the future when buyers say they paid too much or lenders say the appraisal was too high or not USPAP compliant for appraisals you did in the past? Excerpts: 4 bedroom, 3 bath, 2,400 sq.ft.,
Appraisal Today
DECEMBER 9, 2022
The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. Due to rising interest rates, many potential home buyers are currently unable to qualify to buy the properties they want. Qualified buyers and listing prices. Excerpts: Built 1990 | 6,106 Sq. 5 Beds | 5.5+
Will Springer Realtor
OCTOBER 11, 2022
We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( At least buyers will have more options and time to weigh their decision to purchase a home – but at what cost to the bottom line? Dining out. Theme parks.
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