Appraisal Today

FEBRUARY 23, 2024

The challenge of pulling comps in 2024 By Ryan Lundquist February 14, 2024 Excerpts: Pulling comps in 2024 is tough. I also have some market recap visuals to unpack what’s been happening in 2024 so far. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city.

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Appraisal Today

APRIL 26, 2024

Click here for more info.Subscribe to Monthly Newsletter If you are a paid subscriber and did not get the April 2024 issue emailed on Monday, April 1, 2024, please email info@appraisaltoday.com , and we will send it to you. The One-Mile Rule: Prudent Policy or Modern Day Redlining? per month, $24.75 Or hit the reply button.

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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? Here’s the formula.

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Appraisal Today

NOVEMBER 24, 2023

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. It turns out gratitude is a tool. A method for making my own life better. Even better.

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Appraisal Today

JULY 28, 2023

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? There is none of this!

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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. It claims its houses are 20 times stronger than those built from wood.

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Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. Wait, what?

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Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. Wait, what?

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Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = They used materials from all over the world to furnish it.

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Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. per month, $24.75

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Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. While most of the changes won’t have a significant impact on how you perform appraisals, it is nevertheless important to know and understand the changes before they go into effect on January 1, 2024. can add up.

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Will Springer Realtor

MARCH 10, 2023

The structures have been topped out and construction cranes are coming down. The 20-story luxury condo Mari is under construction with a 2024 target opening. A friendly reminder: Whether new construction or resale condos, always visit the sales gallery or home with a buyer broker for trusted representation.

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Appraisal Today

FEBRUARY 9, 2024

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

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. What Fannie Says About 3d Printed Homes in Announcement SEL-2023-08September 6, 20233D printed homes are an innovative building technique that brings efficiency and potential cost savings to new home construction.

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Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index.

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Will Springer Realtor

OCTOBER 3, 2023

Cities and counties are not required to authorize the construction of an ADU where development is currently restricted under rules related to the proximity of an on-site sewage system, critical environmental areas or other unsuitable physical characteristics of a property like where there are landslide risks.

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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. By Mark Buhler.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic.

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Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. It would cost the owner of an $800,000 home in Seattle about $360 in 2024, or more than triple the expiring housing levy of $115. . = Zoning laws in the U.S.

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Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq.

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Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = What does 2024 look like for the national housing scene and across Seattle/King County? I offer two observations gleaned from a lot of reading and speaking with experts: Mortgage rates, falling for roughly the past two months, will likely start with a “6” in the first half of 2024. Our city came in at No.

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Will Springer Realtor

MAY 12, 2021

Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. million individuals annually.

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Will Springer Realtor

OCTOBER 11, 2022

Mark Zandi, chief economist at Moody’s Analytics, is far more bearish, predicting prices will fall about 10% nationally over the next 12-18 months if the country avoids a recession (which is unlikely) and drop roughly 20% by 2024 if the U.S. May I suggest this newly constructed 6-bed, 4.75-bath falls into a recession. bath , 3400 sq.

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Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” Don’t feel sorry for the builder.

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

JUNE 9, 2023

Another 14,716 units are under construction and more than 25,000 are in the planning stages, meaning they will likely start construction within about a year. Vaulted ceilings and skylights in select rooms open up this 1939-built abode that feels fresh and modern. BY THE NUMBERS >> The ratio of U.S. from 48.0% It’s a 4-bed, 3.75-bath

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Will Springer Realtor

MARCH 11, 2024

at the start of 2024 after increasing them by 8.7% Like many other construction projects, First Light confidently confronted issues ranging from the pandemic, supply-chain delays, change in the general contractor and concrete workers’ strike. Source ) Locally, Puget Sound Energy raised electric rates by 1.7% this fiscal year after a 4.5%

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. I strongly support Byron Miller for 2024 AI Vice President. Quite a change from past presidents!!

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