Cleveland Appraisal Blog

JULY 20, 2022

Appraisal gap clauses have become relatively common in recent years due to many homes being sold at prices that market data does not support as being the market value. In this hot market, it’s not surprising that this type of clause is being written into some contracts. An appraisal gap clause can be written into a contract.

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Cleveland Appraisal Blog

AUGUST 13, 2023

I hope you’re having a great summer! In this article, he shares some things to keep in mind when it comes to plumbing efficiency and tips for avoiding bigger plumbing problems down the road. I hope you find this article helpful! Plumbing may be the last thing on your mind right now. At least in Cleveland anyway.

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Cleveland Appraisal Blog

JUNE 30, 2023

I’m working on more of my own articles that will be posted soon. I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. In this article, she shares some tips for relocating after facing personal challenges. I hope you enjoy June’s article! Hello friends!

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Cleveland Appraisal Blog

JULY 5, 2021

I hope you are all having a fantastic summer. For those of you who want to see what this looks like, I have posted a picture of her ankle at the end of this post. I normally don’t like to mention many details about what’s going on in my personal life, in my posts. Hello everyone! Our kitchen currently.

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Cleveland Appraisal Blog

MAY 22, 2021

I am working on a new article that I will share next week. Kelsey Luvisa from HomeLight wrote a cool article for the Cleveland Appraisal Blog on a hot topic in real estate, namely, backyard entertaining. I hope you enjoy their article and the warmer weather! I hope you’re doing great out there!

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. What a year 2021 has been. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020.

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Housing Wire

OCTOBER 22, 2021

With more than two decades in the industry, Mayfield most recently served as a division lending executive at Citi , where she oversaw up to four of Citi’s six markets. Below, Mayfield answers questions about the industry: HousingWire: To start off, what is your current favorite HW+ article? one summer during my late teens.

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Cleveland Appraisal Blog

JUNE 17, 2022

What’s the difference between a newly constructed home and a hundred-year-old home? When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated.

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Cleveland Appraisal Blog

JULY 16, 2022

There are pros and cons that will be different for everyone based on finances, the type of home you dream of being your forever home, and the availability of the homes in your market. The first step in determining what kind of home you can afford to purchase is having an accurate appraisal. What Is a Starter Home?

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Cleveland Appraisal Blog

JUNE 18, 2022

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

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Housing Wire

MAY 3, 2022

Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates. Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates.

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Cleveland Appraisal Blog

JUNE 2, 2022

I always love her articles! I hope that you enjoy her article and can benefit from some of her tips on helping our dear seniors. Here, the Cleveland Appraisal Blog presents some great advice about finding the best house and considering other alternative arrangements. Finding a New Home.

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Cleveland Appraisal Blog

JUNE 23, 2022

It’s hard to believe that we are nearly to summer! This week I welcome back guest blogger Betty White with some tips on home security for the spring and summer months. Furthermore, it is the ideal time to do a home security check to guarantee that once we leave the house, it will be safe and secure till we return.

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Cleveland Appraisal Blog

JULY 22, 2021

So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. I hope that you find his article beneficial. My family and I are in the midst of a first floor renovation, whilst caring for my wife as she continues to recover from her broken ankle, as I mentioned in my last post.

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D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Significantly reduced housing inventory.

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Cleveland Appraisal Blog

JUNE 7, 2022

This week I will be traveling to Columbus for the annual Ohio Coalition of Appraisal Professionals summer seminar. In the meantime, I hope you enjoy another article from return guest blogger June Duncan. I hope you enjoy this article! I hope you’re enjoying a little bit of the great outdoors! Photo via Pexels.

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Housing Wire

FEBRUARY 8, 2022

Over the course of three months, HousingWire interviewed about a dozen servicers, housing counselors, academics and lawyers to drill down on how big the ghosting problem is, why it happens, and what the consequences could be for both borrower and servicer. Larry Goldstone is tired of being ghosted. We know who the borrowers are.

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Cleveland Appraisal Blog

MAY 9, 2024

It’s on me and my wife’s list of things to do this summer. According to the article below, “Nearly 70% of adults reported reduced stress and anxiety after playing pickleball, and 64% called the sport “uplifting,” according to a report by Carewell. Here’s a search result for Northeast Ohio.

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McKissock

SEPTEMBER 7, 2021

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some market watchers are predicting that when it does happen, it will not be as severe as the last one, while others anticipate something of similar degree or even worse.

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Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. This weekly tracker will give you updates on the data lines that don’t need to wait for monthly housing data reports. . Housing market inventory.

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Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. What I have always tried to do with my economic work is to connect the dots or show a pathway to why something could happen.

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Housing Wire

JANUARY 12, 2022

Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. This level, while historically still low, will mean the days on market will go higher, and this will give people choices.

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DataMaster

AUGUST 25, 2021

Housing Costs Keep Rising! The rise in the cost of housing has many Americans worried. As housing consumes an increasing percentage of a household’s income, other areas of individual and family lives are negatively affected. Introduction. Rent Rates. Rent continues to rise! from prior month / -3.1% from prior month / +5.2%

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Housing Wire

JANUARY 26, 2022

The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. What I believe occurred is that some housing investors took the decline in builders confidence and the increase in monthly supply to push that something bad was going to occur quickly. When supply is 4.4

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DataMaster

AUGUST 25, 2021

Housing Costs Keep Rising! Introduction The rise in the cost of housing has many Americans worried. As housing consumes an increasing percentage of a household’s income, other areas of individual and family lives are negatively affected. Rent Rates Rent continues to rise! from prior month / -3.1% from prior month / +5.2%

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DataMaster

AUGUST 25, 2021

Housing Costs Keep Rising! The rise in the cost of housing has many Americans worried. As housing consumes an increasing percentage of a household’s income, other areas of individual and family lives are negatively affected. Introduction. Rent Rates. Rent continues to rise! from prior month / -3.1% from prior month / +5.2%

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Housing Market Transportation Government Tenants 78

Appraisal Today

JULY 21, 2023

That’s what we always hear. NOTE: Does your market look similar? What are buyers willing to pay? About 10-15 miles away, east of the hills, the climate is totally different, with very hot summers. Often, the MLS mentions that the sellers will fill in the pool, but I don’t know if that has ever happened.

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Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. I anticipated negative declines of 18%-22% by now, so that hasn’t happened yet on the four-week average.

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Housing Wire

DECEMBER 19, 2022

Local markets is a HousingWire magazine feature spotlighting housing trends across the country. Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. My inbox is flooded with news emails about opinions on what is happening now and forecasts for the future.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. This is very similar to what I have done in the past, paying my respects to the downtrend in bond yields since 1981.

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Housing Wire

NOVEMBER 22, 2021

million, that would mean it’s a good year for housing demand. million, that would mean it’s a good year for housing demand. A big part of my work since the end of 2020 is explaining to people that housing data was going to moderate because the make-up demand from COVID created a surge in sales that is very abnormal.

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Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. What are some reasons why a homeowner might feel regret over their purchase? The way a home flows and feels can be very different in person compared to what appears in online photos. . Did they regret their decision? Click here to read).

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Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December.

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Lamacchia Realty

MARCH 1, 2023

Colleges and universities, the Gulf coast or Atlantic, up north towards the Panhandle has more weather seasons, while closer to South Florida it feels like summer year-round. Florida ranked highest net domestic migration last year (2022), with about 319,000 people migrating into the state, an NAR analysis found. within a year.

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Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. It does not happen overnight. Here are a couple of strategies for buyers to follow in order to secure the houses they have been waiting for. If you are a buyer, you may be getting giddy about it.

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