Housing Wire

SEPTEMBER 20, 2023

The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. In spite of a higher-than-expected CPI reading in August, core inflation readings have been falling every month in 2023. Today’s decision not to raise rates will likely influence credit markets. a year earlier.

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Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Representing the top 1.5%

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Housing Wire

MAY 14, 2024

In February 2023, FHA Commissioner Gordon announced a 30-basis point cut in FHA annual premiums. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. But now a new threat is emerging on this front.

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Housing Wire

NOVEMBER 27, 2023

David Bernard: The market events in early 2023 impacted the entire banking industry, creating a need for swift adaptation within the banking environment. These business lines provide built-in resilience by diversifying our deposit channels — an intentional design that has proven more crucial now than ever.

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Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. Fannie Mae recently projected originations for 2023 at $1.59 trillion, a revision downward from its January estimate of $1.65

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Inventory Renovations Real Estate Government 457

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! February 2023 Winners of the Top 10 for the Company are: Jason Pincomb joined Lamacchia Realty in the Spring of 2021 and has seen tremendous success! Elena has achieved numerous designations throughout her real estate career, starting in 2016. Lamacchia Realty, Inc.

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Hank Miller Team

NOVEMBER 15, 2022

As we enter the final weeks of 2022, the national real estate market is catching its breath. Some markets remain in flux, others have started to level off already. Atlanta is one of the steady ones, and housing inventory in Atlanta will not jump in 2023. That’s by design and it's disingenuous and misleading.

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Inventory Renovations Housing Market Buyers 52

McKissock

JANUARY 6, 2023

Here are a few ideas for transforming your appraisal career in 2023. An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. Consider salary-paying opportunities.

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Lamacchia Realty

APRIL 17, 2024

Hardwood Floors Offer Design Versatility Certain home features can make or break it for home buyers. Hardwood floors are great since they offer versatility, complementing a diverse range of home styles and design preferences. Every house is unique, and upgrades should align with current market trends.

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Housing Wire

AUGUST 16, 2023

In certain parts of the Phoenix AMA that do not have a designated water provider, builders and developers need a certificate of AWS to obtain a building permit. On August 4, 2023, 5,259 single family homes were for sale in Maricopa County, down from 11,890 homes on August 9, 2019, according to data from Altos Research.

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Cleveland Appraisal Blog

DECEMBER 24, 2022

Whether you want to personalize your home or boost its market appeal , the kitchen deserves your attention. Fortunately, you can keep tabs on the timing, progress, and costs associated with the work as it’s completed with construction management software. A Housing Epiphany For 2023 – Housin g Notes by Jonathan Mille r.

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Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. At that time, the real estate market was still being wildly affected by the COVID pandemic. Not all non-lender appraisals require a long time marketing to real estate agents.

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Housing Wire

MAY 15, 2024

New construction in age-restricted communities is becoming a rising trend. The University of Michigan National Poll on Healthy Aging (NPHA) found that in 2023, over one-third of adults (37%) aged 50–64 reported feeling isolated from others in the past year. Most of these communities have amenities designed to foster connection.

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Design Buyers Construction Marketing 421

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. Robert Gordon, a noted Northwestern University economist, estimates the construction industry recorded negative productivity growth around the turn of this century.

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McKissock

NOVEMBER 5, 2021

The self-paced online version of the official 2022-2023 USPAP Update Course is now available, along with the new USPAP Reference Manual. DS News reports that t he October 2021 Home Data Index Market Report (HDI) by Clear Capital “shows that the average American home increased in value by 5.3% Property values continue to rise.

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Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? With only one owner, the.47-acre

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Housing Wire

DECEMBER 4, 2023

The most recent report shows 4,244 individuals experienced homelessness in 2023 — evidence that the pipeline into homelessness in the greater Dallas area continues to evade a long-term solution, leaving Housing Forward in a position of swimming upstream against a powerful current.

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Development Property Management Government Training 414

Appraisal Today

JULY 28, 2023

by Dave Towne Excerpts: Appraisers, on July 17, 2023, a document from Freddie Mac was circulated to numerous appraisers around the US which identified certain words and other info that can be considered to be ‘BIASED’ in appraisal reports. I wrote about the July 17 Freddie announcement in this newsletter’s June 16, 2023 issue.

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Raleigh Realty

JULY 12, 2022

Let’s take a look at what changes experts are predicting for the home improvement industry in 2022. The home improvement market is expected to grow by $20.4 Statista) The average monthly spending on private construction has been increasing since 2011. months to complete from when construction starts.

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Home Improvement Renovations Construction Supply Chain 60

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. I have lots of practical tips and marketing advice. baths, 34,380 square feet, 2.65

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Appraisal Today

NOVEMBER 3, 2023

Its most remarkable attribute is the breathtaking views of Lafayette’s hills and Mount Diablo, visible from the expansive home and the vast outdoor area designed for living and entertaining. Mortgage markets navigate through a storm This year, mortgage markets have been stirred by significant volatility. Between Oct.

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Appraisal Today

JUNE 16, 2023

Freddie Mac Announcement: “Loan Collateral Advisor: Starting June 29 New Messages Alert Users to Certain Unacceptable Appraisal Practices,” April 28, 2023) To read, click here So, if we have the technology and tools to present our conclusions in clearer, fact-based ways, let’s get ahead of the program and make the changes proactively.

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. It’s a good discussion of this topic.

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Appraisal Real Estate Real Estate Agent Contracts 75

Eyes on Housing

MAY 19, 2023

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building gained market share during recent quarters but experienced a notable drop for construction starts at the beginning of 2023. This marks a 22% decline compared to the first.

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Contracts Design Construction Marketing 113

Appraisal Today

SEPTEMBER 15, 2023

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. The survey results had a comparison of 2022 and 2023, which was very interesting. Updates to AIR and these FAQs were published in August 2023.

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Appraisal Buzz

DECEMBER 13, 2021

I most recently taught the new 2022-2023 USPAP update course for the Appraisal Institute. . My appraisal organization involvement includes Appraisal Institute membership where I hold the SRA and AI-RRS designations. Builders are reporting construction delays because they can’t get the appliances to complete kitchens. .

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Supply Chain Construction Appraisal Real Estate 363

Housing Wire

MAY 7, 2024

The funding is designed to address a series of local needs including affordable housing , homelessness assistance and community development. billion will go to 668 recipients specifically for the construction of new affordable housing units through the HOME Investment Partnerships Program. Another $1.3

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Development Tenants Construction Investing 493

The Robert Weiler Company

APRIL 5, 2023

The pandemic created a spike in e-commerce sales and the need for data centers, transforming the industrial real estate market both nationally and locally, in Columbus, Ohio. Industrial real estate investors and developers can’t add new properties to the market fast enough. in Q3 of 2022 and rents increased by 25% year-over-year.

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Landlords Tenants Logistics Real Estate 144

Appraisal Today

MAY 19, 2023

I have been reading about using Chat GPT for appraisal marketing and narrative reports, but this is the first I have read about form reports. 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.

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Appraisal Today

JANUARY 5, 2024

Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.4

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Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Land shortages make attached and stacked units smart choices.

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Design Real Estate Architecture Property Management 78

Housing Wire

APRIL 12, 2024

The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. But more broadly, since the Great Recession in 2008, there has been a greater implementation of standardized loss-mitigation measures designed to prevent a foreclosure crisis.

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Property Taxes Insurance Mortgage Home Value 423

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. At the entry, there are two huge boulders that have been incorporated into the design of the home, so you feel like you are really connected with the outdoors,” Paluscio (real estate agent) noted.

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McKissock

DECEMBER 27, 2022

Industry experts and economists maintain a watchful eye on the housing market as the new year approaches. With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. Here’s what they said.

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Appraisal Business Design Real Estate 83

Will Springer Realtor

JUNE 29, 2021

The cavalcade of construction cranes across downtown is a measuring stick for the success and status that awaits this already rich and vibrant city. The headlines have touted the 2023 arrival of Link light rail that will shuttle passengers to and from their Eastside offices. Bellevue is building for the future. Ask your lender.).

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Construction Architecture Development Design 36

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Home sellers should focus on their local market and pull out all the stops when listing a house. Episode Links.

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Real Estate Marketing Home Value Inventory 36

Appraisal Today

JANUARY 19, 2024

Stehling designed an open layout with lots of natural light, thanks to walls of windows on all three stories of the atrium, attached to the rest of the home via a platform deck and glass-enclosed walkway. In and of itself, it is not market value. Bail bond appraisals require research and personal (one-on-one) marketing.

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Appraisal Contracts Real Estate Architecture 72