DataMaster

FEBRUARY 3, 2021

Until February 26, 2021, FHFA will take your feedback on the RFI , giving you a few more weeks to get your response sent in. While all 4 components of the RFI are important, we’ll address appraisal modernization in this post. Appraisal Modernization. Four Components of the RFI. The Detractors. Jared and Change.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Lamacchia Realty

OCTOBER 6, 2021

The Department of Housing and Urban Development (HUD) states that home appraisers should examine the electrical box to ensure there are no broken or frayed wires. Knob and tube wiring is no longer used in homes because it doesn’t carry the same capacity for electricity that modern homes require. April 8, 2021. April 8, 2021.

Insurance 70

Insurance Inspection Buyers Modernization 70

Will Springer Realtor

JULY 19, 2022

While the number of plug-in EVs jumped about 88% from 2020 to 2021, the rate of new charging stations has climbed by only 31% in that period. The initiative received a significant boost in late 2021 with the adoption of the infrastructure bill that allocated $7.5B UL Listed: This important safety designation should never be overlooked.

Transportation 55

Transportation Development Modernization Retail 55

Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. Danish Home Designed to Showcase Its Owner’s Vintage Car Collection. We recently scanned millions of appraisals from 2021 – 2022 for subjective terms. FYI, CRN (Collateral Risk Network) was set up for AMCs and lenders.

Modernization 52

Modernization Appraisal Contracts Real Estate 52

The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Appraisal Today

MAY 19, 2023

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover. The answer is, Yes!

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

FEBRUARY 23, 2024

I find myself scouring 2021 onward especially. The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. “I But the waterfront building’s more-recent design is rooted in a nautical past.

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Lamacchia Realty

SEPTEMBER 1, 2021

Dormers are now typically part of the design to extend the living area but originally these homes were a single story. The front door is centered, typically without architectural decor but modern versions can have a porch or portico added to the design. The siding is generally clapboard or wood shingles, sometimes brick.

Architecture 78

Architecture Decorating Design Modernization 78

McKissock

JULY 30, 2021

This infographic showcases and describes some of the more common ceiling types found in historic and modern homes. Power to Prevail in 2021 and Beyond – New Residential Construction Outlook (Recorded Webinar). The post What’s New in Appraisal Membership: July 2021 appeared first on McKissock Learning.

Appraisal 98

Appraisal Construction Architecture Real Estate 98

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Public development can be a great option for increasing the supply of homes. Home designers have been listening too.

Retail 36

Retail Design Development Landlords 36

Will Springer Realtor

OCTOBER 3, 2023

I published a detailed overview on the topic in 2021.) The combination of extremely high home prices and regulatory reform have turned this corner of the country into an ADU laboratory of sorts, with plenty of “formulas” being developed today to “grow” more desperately needed homes.

Law 66

Law Design Construction Government 66

Will Springer Realtor

OCTOBER 11, 2023

The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Creativity and individuality were often tossed aside by these mass-built developments. The first makes permanent a pandemic-related policy that exempts affordable housing from the design review process.

Law 36

Law Development Design Government 36

Assurance Financial

AUGUST 9, 2021

Every year, the USDA uses its Rural Development program to invest about $20 billion in helping families across the United States buy and improve their homes. Below we’ve mapped out an overview of the USDA Rural Development Guaranteed Housing Loan Program, explaining how it works and if you’re eligible for loans. Direct Loans.

Home Improvement 74

Home Improvement Insurance Development Finance 74

Will Springer Realtor

APRIL 19, 2022

The decrease in energy usage has mostly come from the improvements made to heating equipment, along with better window design, insulation and construction techniques. Just as notable, modern dishwashers are quieter and use less water during an average 10-year lifetime. We’re moving in the right direction – but is it fast enough? =.

Construction 49

Construction Architecture Transportation Technology 49

Appraisal Today

SEPTEMBER 8, 2023

But that popularity did not translate into a sale, and the stately dwelling returned to the market more recently in 2021 for $35 million. The community is part of a wider development in Georgetown, Texas called Wolf Ranch. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+

Appraisal 80

Appraisal Contracts Business Construction 80

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

Valuation 69

Valuation Technology Lending Real Estate 69

Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. 2,500 sq.ft.,

Appraisal 52

Appraisal Construction Contracts Insurance 52

Appraisal Today

NOVEMBER 20, 2022

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. What’s happening now.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. >> Insights from 12,000 consumers and over 300 architectural designers show that 51% of residents will work from home in 2022, up from 33% before the pandemic. >> Neilsen research shows that 11.5% That’s down from 12.9%

Architecture 36

Architecture Design Buyers Construction 36

Housing Wire

JULY 22, 2022

House of Representatives voted this week to give the Department of Housing and Urban Development an 18% increase in funding for information technology. The Transportation, Housing and Urban Development appropriations bill , which was lumped in with five other bills, would set aside $73 billion in gross appropriations for the department.

Modernization 358

Modernization Transportation Development Landlords 358

The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. That’s because it’s a design most adaptable to various uses and future expansion as business needs evolve. percent in the second quarter of 2021. Otherwise, the proximity to these transit connections would be useless.

Real Estate 78

Real Estate Retail Investing Tenants 78

Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. In a recent survey by Houzz, 79% of construction and design businesses reported experiencing moderate to severe labor shortages. We’ll have new incentives, and quite frankly, this will inform our budget,” he said.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

JULY 8, 2022

The second half of the year will look much different than 2021. home sales has fallen from 31% in May 2021 to 27% today. across the county, 12% in Seattle and 10% on the Eastside – but by slimmer percentages from readings earlier this year and in 2021. FOR FIRST-TIME BUYERS, NOW WHAT? Closing costs for U.S.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. of the $5.8T

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 11, 2022

for single-family homes ($1.316M), astounding after YoY prices were up 35% in the 12 months ending November 2021. To help drive sales, developer Vibrant Cities is offering prospective buyers a $75K credit towards custom interiors, interest rate discounts or on closing costs on a selection of homes. Plus, don’t miss the outdoor pool.

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

AUGUST 9, 2022

The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Don’t get me started about Seattle’s design review exercise!) . in Q1 of 2021 and is the highest rate of home flipping in the 21 st century. Kenmore allows ADUs of up to 1500 sq.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 11, 2022

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. To slightly misquote Bette Davis from her role in All About Eve, “Buckle up, it’s going to be a bumpy ride.”.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

APRIL 8, 2021

The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. Month-to-month or 2021 vs. 2019 comparisons are the best options.). housing markets. How many times can I write “Simply Stunning!”? bath, 2610 sq.

Inventory 36

Inventory New Listings HOA Buyers 36

The Robert Weiler Company

NOVEMBER 16, 2022

As Ohio Governor Mike DeWine is apt to point out, Intel, headquartered in Santa Clara, California, with 2021 revenue of $79 billion, could have chosen practically anywhere to build this mega plant. Honda Research & Development Americas. That’s about 36 months to go, or a little more than three years, if you’re keeping score.

Business 147

Business Logistics Supply Chain Technology 147

Will Springer Realtor

MAY 12, 2021

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 Among that group, 10% of current owners plan to put their homes on the market in 2021, translating into about 1.5 We are on the right track. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

The seemingly mundane asphalt-covered piece of real estate silently champions the ebb and flow of modern living. The 2021 infrastructure law provides $15B to replace lead pipes across the U.S. That may sound like a lot of money to address a serious issue that can damage brain development in children. with basement).

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city. . >>

Construction 36

Construction Inventory Property Taxes Development 36

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials. HUD has allocated $4.35

Design 413

Design Finance Insurance Tenants 413

Will Springer Realtor

JUNE 9, 2021

Is this the beginning of a housing bubble, 2021-style? “I One survey estimated Americans’ personal savings increased 15% in a year (April 2021), down from a high mark of 28% a month earlier. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. That leaves about 2.1

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Housing Wire

MARCH 15, 2023

Department of Housing and Urban Development (HUD) on Wednesday announced a sweeping overhaul of the agency’s disaster recovery efforts to improve the response for communities impacted by climate change. billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds. In addition, Sen. Cindy Hyde-Smith (R-Miss.)

Insurance 338

Insurance Development Modernization Design 338

Will Springer Realtor

JULY 9, 2021

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Where would you like to see this type of neighborhood development? Make sure residents can get to their employer and to a jobs center. Send me a message. ——-.

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Buyers Development Transportation Inventory 36