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Trade groups express concern to FHFA over historic credit data

Housing Wire

“We hope that by providing early, proactive, and constructive feedback to FHFA and the GSEs, there will be adequate time to augment the data made available in the planned 3Q 2024 data release as well as in any subsequent data release.”

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New home sales plunge 18.2%, but demand stays strong

Housing Wire

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. Census Bureau and the Department of Housing and Urban Development. A new home sale occurs when a sales contract is signed or a deposit is accepted. year-over-year jump.

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The new home sales recession continues

Housing Wire

So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with. Census Bureau and the Department of Housing and Urban Development. We had missed sales estimates in 2013, 2014 and 2015. From Census : Sales of new single?family

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

I used Hypothetical Assumptions for new construction, of course. =. Off and on the market since 2013. However, while geographic proximity does not equal competency, proximity is advantageous for developing competency. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.17

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UAD and Forms Redesign Update for Appraisers

Appraisal Today

The American Enterprise Institute (AEI) publishes data tracking the mortgage and appraisal production numbers of both Fannie Mae and Freddie Mac (the GSEs) going back to 2013. With the pivot towards new construction gaining steam, development patterns for single-family homes, in particular, should be closely tracked.

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Appraisers and Property Data Collectors

Appraisal Today

Thorne, was best known for his use of steel in residential construction. Most modern homes are constructed on a hillside lot on a downslope or upslope, with the house clinging to the side,” Morris says. I quit commercial lender appraisals when my local bank was bought out in 2013 (competitive bidding for low fees).

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. For buyers, they can only hope.