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Builders apply the brakes amid canceled contracts

Housing Wire

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. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

Contracts 545
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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. USPAP and the Contract. Therefore, they say, keep the contract!

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Strange Properties Appraisers Have Seen

Appraisal Today

I quit all residential lender appraisals in 2005 due to the cyclicality. The town of The Sea Ranch is the product of architectural pioneers who erected timber-frame, modern structures designed to honor the beauty and serenity of their surroundings. The average contract interest rate for 15-year fixed-rate mortgages increased to 7.08

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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. The average contract interest rate for 5/1 ARMs increased to 5.66

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Appraisers and Property Data Collectors

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

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Appliances for FHA appraisals

Appraisal Today

I am so glad I quit doing residential lender appraisals in 2005! = Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57

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3 Ways to Incorporate Technology Into Your Student Housing

GoForrmz

This can be as simple as implementing digital signature forms for student housing contracts, or as complex as building tech-centric study lounges for students. A Focus on Sustainability Modern college students have been found to put greater importance on the sustainability practices of their universities. . “