Sacramento Appraisal Blog
OCTOBER 26, 2023
This owner transformed a tract home built in 2002 into something with serious Midtown modern vibes. How do we value something when it has really […] The post Making a modern home from a tract home first appeared on Sacramento Appraisal Blog. You will either love it or hate it.
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. For now, just think of it as stabilization and we need to see more of this to make a valid premise that the worst is behind us. Mortgage rates went from a low of 2.5%
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Housing Wire
SEPTEMBER 22, 2022
With mortgage rates rising, 2022 has seen the most significant housing inflationary event in recent modern history as the total cost to buy a home took a historic run higher, one that is for the record books. However, it’s not the market of 2002-2011.
Housing Wire
OCTOBER 11, 2022
This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. We’ve seen a massive price and payment inflation event with pricing still rising and the biggest mortgage rate increase in a single year in recent modern-day history.
Appraisal Today
SEPTEMBER 29, 2023
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ percent, with points increasing to 0.96
Appraisal Today
OCTOBER 21, 2022
It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. percent – the highest level since 2002,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system.
Housing Wire
NOVEMBER 17, 2022
However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke.
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