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Appraising Airbnb Properties

Appraisal Today

The business side includes replacing worn out or damaged furniture, window coverings, bedspreads, towels, the property’s internet listings, credit card processing, weekly cleaning, and daily management decisions involved with running the STR business. The article is one of the best I have read, and includes many of the AMC, USPAP, GSE, etc.

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NAR Appraiser Survey July, 2023

Appraisal Today

This year, this option was broken into three separate AMC-related issues. This year, however, the single greatest challenge, cited by almost half (47 percent), is “fee pressures,” which, based on comments, is also related in many cases to pressure from AMCs. This is up sharply from 27 percent last year. Some may be of interest to you.

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SFR with ADU or Two Units?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Another tricky HBU issue in California!

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When Will This Market Change?

Lamacchia Realty

Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. What you see in the graph above is national inventory in 2021 at its lowest point, but the story is relatively similar at the state level too.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

That figure is a whopping 24% today across Seattle/Puget Sound, triple from pre-pandemic levels. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic. Yes, essentially one in every four Seattle office buildings sits vacant.