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Appraisal Profession Dying?

Appraisal Today

CoStar, led by Andy Florance, has become a major player in residential real estate data over the past decade, spending more than $2 billion on acquisitions since 2014. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.19 “We know what ‘realtor’ means.

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Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

CoStar began pivoting toward the residential market in 2014, when it paid $585 million to buy Apartments.com, which lists apartments for rent. It’s a company that can dictate the flow of real estate information through StreetEasy, a website Zillow snagged in 2014 for $50 million. In Gotham, Zillow is not just a popular website.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. The typical real estate purchase process takes about 4-6 months (including being under contract for ~30-45 days).

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

Back in 2014, Joseph Gyorko of the University of Pennsylvania Wharton School of Business and Raven Molloy of the Federal Reserve Board of Governors released the paper , “Regulation and Housing Supply.”. The company’s mission is to deliver, “Affordable, mainstream market rate, and disaster relief” housing, a spokesperson said.

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6 Reasons Why Now Is a Great Time to Sell Your Houston Home

Houston Properties

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. We’re also seeing the re-emergence of backup contracts, bidding wars, and homes closing materially over the asking price. – 2014: America’s Best Real Estate Agents, RealTrends.com. Houston has 3.7

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Year Built: 2014. Overall, right now properties are still actively going under contract. Geo Market Area: Rice / Museum District.