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StreetEasy launches New York City home valuation tool

Housing Wire

Homeowners can now get a StreetEasy estimate of their homes’ current market value based on features that are unique to New York City, the company said. Homeowners start by claiming their home, then requesting an AI-powered estimate of their home’s current market value, an estimated price per square foot and monthly rent.

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Industry mourns death of PennyMac’s Stanford Kurland

Housing Wire

in various executive positions including chief financial officer, president and chief operating officer until his departure from Countrywide in 2006. During his tenure at the company, Countrywide grew from just over $1 million dollars in market capitalization to a leading financial services firm with over $25 billion in market value.

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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

In a seller’s market — where the number of homebuyers outnumbers the number of houses for sale, as it does right now — buyers have to do whatever they can to grab a seller’s attention. in contrast to the all-time high of 868 seen in 2006. The Mortgage Credit Availability Index (MCAI) now sits at 125.4

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Are you better off moving or refinancing?

Cornerstone

percent of mortgaged residential properties in the United States were considered equity-rich in the second quarter, meaning that the combined estimated amount of loans secured by those properties was no more than 50 percent of their estimated market value. percent mortgage rate ( the average for 2006 ; 6.65 For example:**.

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The Cost Approach: An Underutilized Approach to Value

McKissock

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy?” What should it be insured for?

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

This time, let’s look at “the form of ownership” and “market conditions” being atypical. There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. Market conditions. housing markets suffered severe declining property values.

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NAR Appraisal Survey 2022

Appraisal Today

If it had a market value of $345k, it would have listed at $345k!”. Other questions are not as relevant, such as fees, as the appraisal market in many areas is not as strong as in May when the survey was done. Of course, this is aggregated and does not focus on market segments such as neighborhood and price range.