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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Lower homeownership rates mean there will be fewer buyers.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%

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Practical Tips for Working With AMCs

Appraisal Today

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. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. value to property.

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How to Reduce Appraisal Revision Requests

Appraisal Today

The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. How Grocery Store Locations Impact Home Values. The average value for homes near a Whole Foods is $891,416, and $321,116 for homes near an ALDI. Qualified buyers and listing prices.