Remove 2007 Remove Construction Remove Development Remove Modernization
article thumbnail

How to Find Comps With Few Sales

Appraisal Today

acre lot, built in 2007 The chateau was listed in 2014 for $12.8 Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. Excerpts: 8 bedrooms, 7.5+

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

It is developing several single-family and multifamily communities in King and Snohomish counties. Builders began construction on just under a million single-family homes in 2020. That’s the most since 2007. The developer made a pretty quick pivot … and is taking the entire building (to) rental,” one insider shared.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. years, according to recent data, when it was only about five years just before the housing market crash of 2007. And, opening this year, Graystone.

article thumbnail

CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. While these are promising developments, there will always be the affordability question. million sq. The potent combo of rising U.S.

article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Now, home builders would need to construct as many as 1.2 Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 This was the fastest pace for combined single-family and multi-family construction since June 2006.

article thumbnail

FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. I like it when a condo developer and its sales team collaborate on a creative offer for prospective buyers.