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With low inventory, house hunters are in full safari mode

Housing Wire

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.” through the first quarter of 2024.”

Inventory 455
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Real Estate and Design Trends to Watch in 2024

Empire Appraisal Group

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. Boschetti Jr.,

Design 78
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Tips on appraising new construction homes

Appraisal Today

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.

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Phoenix building restrictions squeeze construction firms and agents

Housing Wire

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. Phoenix, said Vogel, was already dealing with low housing inventory and increasing affordability issues. million residents.

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USPAP Myths for Appraisers

Appraisal Today

Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. 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. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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Fannie Files Complaint Against Appraiser

Appraisal Today

Designed by the internationally renowned Japanese firm Atelier Bow-Wow, the property unfolds over 60 private, forested acres with the centerpiece – the meticulously designed and thoughtfully crafted residential structure settled into this lush land, bordered by the U.S. Zillow 2024 Home Trends: What’s a Pickleball Court Worth, Anyway?

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Appliances for FHA appraisals

Appraisal Today

you are a paid subscriber and did not get the February 2024 issue emailed on Thursday, February 1, 2024, please email info@appraisaltoday.com , and we will send it to you!! single-family homes for sale in the fourth quarter were new construction. February 7, 2024) — Mortgage applications increased 3.7 per month, $24.75