The Robert Weiler Company

APRIL 5, 2023

Industrial real estate investors and developers can’t add new properties to the market fast enough. Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. in Q3 of 2022 and rents increased by 25% year-over-year. in the same quarter, along with increased demand.

Landlords 144

Landlords Tenants Logistics Real Estate 144

The Robert Weiler Company

SEPTEMBER 7, 2022

Data through the first half of 2022 has been tallied on Ohio land for sale. All indicators show an extremely positive trend that will likely continue through the rest of 2022 and beyond. And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Housing Wire

MARCH 27, 2023

The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (ESR) Group said. contraction. While single-family housing starts rose 1.1%

Construction 345

Construction Lending Finance Mortgage 345

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. Both pose threats to access to capital, the cost of materials and labor, and future housing values.

Housing Market 544

Housing Market Marketing Construction Development 544

Appraisal Today

AUGUST 26, 2022

There are occasions when the income approach can be the primary indicator of value for residential properties, such as developments with a high percentage of homes owned by investors. But, I always use the Cost Approach for new construction to determine the financial feasibility of custom homes. Mortgage applications decreased 1.2

Appraisal 52

Appraisal Business Contracts Advertising 52

Housing Wire

DECEMBER 31, 2021

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. But many of those elements are fading as the industry heads into 2022. In 2022, refi origination volume is expected to drop by 62% to about $860 billion.

Marketing 419

Marketing Law Government Mortgage 419

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 386

Inventory Housing Market Marketing Construction 386

Appraisal Today

APRIL 12, 2024

Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values. To read more, Click Here To see the listing with 40 photos Click Here = Can a New Construction Sale be Used as a Comp for an Older Home? baths, 14,450 sq.ft., Thanks to Tom for writing this blog post.

Appraisal 80

Appraisal Construction Contracts Architecture 80

Housing Wire

MAY 24, 2022

Except now, we have had massive price gains in 2020, 2021 and 2022. family houses in April 2022 were at a seasonally adjusted annual rate of 591,000, according to estimates released today by the U.S. From Census: Sales Price The median sales price of new houses sold in April 2022 was $450,600. From Census : Sales of new single?family

Housing Market 391

Housing Market Inventory Construction Marketing 391

Appraisal Buzz

AUGUST 29, 2022

Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. However, as of early 2022, the nation had a deficit of 3.8 This was due to an all-time housing shortage.

Transportation 370

Transportation Law Investing Investors 370

Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 2022! March 2022 Winners of the Top 10 for the Company are: Shauna Fanning has a passion and a drive for customer service and customer relations and has over 17 years in the field. Most recently, Shauna was named in the Boston Agent Magazine’s Who’s Who 2022 edition !

Realtors 69

Realtors Realty Real Estate Agents 69

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Here’s why this is why is such a big risk coming into 2022: Some buyers of flooded homes know of the risks. Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Quality of construction.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

DECEMBER 14, 2021

What will the 2022 Seattle/King County housing market offer? Here are three consensus predictions: Interest rates will rise as much as a full percentage point by the end of 2022. annual growth for King in 2022 (through next August) after 2.7% in 2022 in King County. more people to the region’s workforce in 2022.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Houston Properties

JANUARY 13, 2021

We believe the bill won’t come due in 2021 and potentially not in 2022 either. gentrification has started taking place) will appreciate greatly because: There is a plethora of investors with cash, looking to diversify out of the stock market and worried about inflation. Properties are still going under contract. Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Listing Spark

FEBRUARY 7, 2024

trillion in 2022 and an eye popping $4.51 5) New construction in Texas surged in 2023 Three major Texas metro areas made the top 10 list of highest new home construction rates in the nation. in 2022 to 3.3 in 2022 to 3.4 The market froze as a result of buyer fear and an already strained affordability issue.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here.

Construction 52

Construction Appraisal Modernization Contracts 52

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

JUNE 11, 2024

The number of homes going under contract fell from April to May by 13% in Seattle to 876 units and slipped 1.2% In addition, the rate of Seattle homes under contract within 30 days on the market fell from 62% in April to 57% last month; Eastside homes found buyers in four weeks or less 71% of the time in May, down from 74% in April.

Buyers 52

Buyers Inventory Finance Housing Market 52

Will Springer Realtor

MARCH 14, 2023

Notably, there are 185% more listings available today across the Eastside of the county compared with February 2022. Comparing the most recent peak of the market, April 2022 ($1.13M), and the low point, December ($848,367), median prices for the same group of resale homes (single-family, townhome, condo combined) fell 25%.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

APRIL 11, 2022

“The higher rates could also discourage investor activity, which accounts for a large portion of home sales today.” The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022. of all homes purchased by investors, with Vermont (0.5%) last. >>

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

JUNE 13, 2023

Today’s YoY declines underscore just how far the market has shifted from 2021 and 2022. Prices for all home types combined (single-family, townhome, condo) in May 2022 were up 14% YoY across King, 27% on the Eastside and up a “modest” 7.9% Supply of resale housing (as opposed to new construction) is shrinking across our region.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

JANUARY 9, 2024

The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Treasurys and mortgage-backed securities. Olympia also established a law, effective Jan. Shoreline came in at No.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

DECEMBER 19, 2023

Economists and investors have been upbeat about how the employment picture has remained mostly resilient in the wake of economic headwinds. It increased the Fed funds rate 11 times between March 2022 and July 2023, essentially from 0.25% to 5.25%, on the interest that banks lend to each other. worth of activity from an estimated $10.4B

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 15, 2023

The number of single-family homes going under contract (Pending sales) fell 8.7% And while the Fed does not establish mortgage rates – bond investors do – it’s not surprising to see the home-financing market follow suit along with the rest of the borrowing sector. for the month (1826), led by the Eastside’s 5.1% drop (542).

Sellers 58

Sellers Buyers New Listings Inventory 58

Will Springer Realtor

FEBRUARY 8, 2023

That, in turn, can often weaken the confidence of builders, consumers and investors amid a looming recession. 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.

Retail 36

Retail Design Development Landlords 36

Will Springer Realtor

MARCH 14, 2022

Until the start of this conflict, rates were expected to rise steadily through 2022 with anywhere from three to five Federal Reserve-generated hikes to stem the rapid rate of inflation. However, as the news from Europe worsens many investors are shifting money into safer havens such as bonds that help provide temporary relief on rising rates.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Housing Wire

JANUARY 13, 2023

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. It looks to be about 50% investor properties,” Ben Hunsaker said of the planned NRMLT offering. trillion — down by 15% compared with 2022. as of December — with an estimated 5.7

Marketing 405

Marketing Investing Investors Landlords 405

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. The inter-bank rate stands at about 3.1%, coincidentally the exact figure that Freddie Mac reported at the start of 2022 as the average mortgage rate in the U.S. Not in 2022.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

NOVEMBER 12, 2021

Seattle’s zoning regulations call for inclusionary housing in multifamily construction but most developers pay penalties instead of providing affordable units. Also, affected by the disruptions: builders and homeowners seeking to construct or update homes. >> Investors purchased 15.4% by the end of 2022.

Law 36

Law Inventory Real Estate Government 36

Appraisal Today

MAY 5, 2023

Bill has worked mostly for AMCs and is currently Chief Appraiser at Finance of America Commercial (residential investor loans).Getting When I did my articles on ANSI in 2022, I had a long interview with Byron as he was on the ANSI Z765-2021 Standards Committee. in its narrowest point and 152 (centimeters (5 ft.) in its widest point.

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Appraisal Contracts Architecture Law 52