Appraisal Today

DECEMBER 29, 2023

Functional obsolescence may or may not be caused by trends in buyer or market preferences, outdated design, or even advances in technology. Let’s look at a few examples: A home has three bedrooms, but to reach the third bedroom, you have to walk through the other secondary bedroom. I assume (hope) they ask local agents.

Appraisal 77

Appraisal Design Business Modernization 77

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? baths, 16,225 sq.ft.,

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. I’ve been waiting for a very long time for longer than 2 years between effective dates. This covers all Definitions, Rules, and Standards.

Appraisal 78

Appraisal Contracts Real Estate Mortgage 78

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. I suspect that a company based in Boston, MA sees lots of historic homes! acres of coastal land.

Appraisal 81

Appraisal Contracts Training Architecture 81

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. The median price of single-family homes in the U.S.

Sellers 440

Sellers Marketing Inventory Contracts 440

Will Springer Realtor

DECEMBER 11, 2022

The world of construction appears to be one of the only commodity-based industries yet to become truly efficient in the production of homes, office space and specialty structures. Think One World Trade Center, Sydney Opera House and Seattle’s Highway 99 tunnel, at 2 miles believed to be the longest such tunnel in the U.S.

Construction 36

Construction Architecture Real Estate Design 36