Remove 2006 Remove Contracts Remove Design Remove Sellers
article thumbnail

VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020. The average contract interest rate for 5/1 ARMs decreased to 4.55

article thumbnail

Lamacchia Realty Announces Top Producing REALTORSĀ® for March 2022

Lamacchia Realty

To learn more about Shauna, click here: Shauna Fanning Kelly Dimbat has lived in Billerica since 2006 and has been a top producing REALTORĀ® in Billerica and the surrounding communities for several years. Kelly joined forces with Lamacchia Realty in January 2019, after having owned James Marcora Realty in Billerica, MA since 2006.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Superadequacy Adjustments for Appraisals

Appraisal Today

Have you ever driven closer and closer to your subject and noticed that the homes are much smaller or have standard designs? Licensees have fallen from about 20,000 in 2006-2007 to under 9,000 now. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.83

article thumbnail

CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

>> Insights from 12,000 consumers and over 300 architectural designers show that 51% of residents will work from home in 2022, up from 33% before the pandemic. The 323,465 flipped single-family, condo and townhomes in 2021 is the highest number since 2006 and represented 5.5% Designed by William J. Itā€™s a 5-bedroom, 7.75-bath

article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

This was the fastest pace for combined single-family and multi-family construction since June 2006. This caused a good deal of uncertainty for all of us, including those new condo owners, many of whom attempted to back out of their contracts, put just-purchased homes on the market or listed them for rent. million units. bath, 4450 sq.