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Why Appraisal Workfiles Are Important

Appraisal Today

Believe me when I tell you that it is not a good feeling when a regulator asks you to explain why you didn’t consider a particular piece of information, and you cannot summon an answer. Public record updates at its own pace. To read more, Click Here My comments: The article also discusses bias. I’ve seen this happen.

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2023 Real Estate Investing: Approach with Caution

Housing Wire

This article is part of our 2022-23 Housing Market Forecast series. Ideal market conditions for flippers include strong demand, limited supply and rapidly rising prices — conditions that existed in 2020 and 2021 and led to record numbers of flipped homes, record gross profits and rich profit margins.

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Latest housing starts data is good for mortgage rates

Housing Wire

How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. That isn’t happening right now.

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Appraising Solar Panels

Appraisal Today

So far, so good. A savvy underwriter or reviewer might wonder why the appraiser didn’t consider the cost and income approaches… To read more click here My comments: Good, practical advice. The article is worth reading. First: How do appraisers value any amenity of a property? That search quickly comes to a screeching halt. (I

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic.

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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

While residential property value is primarily determined based on the going sale price of a similar property located in the same or similar community, commercial property relies most heavily on what’s known as the capitalization rate. In fact, according to the US Energy Information Administration, there are an estimated 5.9

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Will Springer Realtor - Untitled Article

Will Springer Realtor

In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Owners are investing about $475B ( yes, billion!