Remove 2009 Remove Construction Remove Contracts Remove Renovations
article thumbnail

FHA: Cosmetic vs. MPR Repairs

Appraisal Today

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. And, opening this year, Graystone.

article thumbnail

Rapid Growth Makes Miami The Magic City

Patch of Land

They are aggressive in pursuing good locations and opportunities to renovate prominent waterfront sites, such as the former Miami Herald headquarters.”. Miami always has a strong new construction environment and resale market. The median number of days from listing to contract were 41 days for single family houses, a 12.8%