Appraisal Today

FEBRUARY 17, 2023

To read more of this long blog post with many topics, click Read More Below!! I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes. Of course, most people confuse real estate agents with appraisers. We need a good Appraiser PR Campaign!

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Real Estate Agent Real Estate Appraisal Agents 52

Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. In today’s competitive market, it can be prudent to allow the future owners of your home to remodel the kitchen or bathroom as they see fit, suiting their lifestyle and tastes.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

Birmingham Appraisal

AUGUST 23, 2022

How Should You Compare Your Home To Recent Neighborhood Sales? Are you curious about the market value of your home? Have you seen nearby homes sell and wondered how your home might compare to recent neighborhood sales? If so then this post is for you. This is basically what real estate appraisers do. 6 Ways to Compare Your Home.

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Real Estate Agent Appraisal Real Estate Renovations 79

Cornerstone

JUNE 8, 2021

This leverage comes from the power to offer benefits or reduce costs for the other party involved. This leverage comes from the power to offer benefits or reduce costs for the other party involved. As the National Association of REALTORS® (NAR) recently reported, there are 410,000 fewer homes listed than there were just a year ago.*

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Marketing Sellers Renovations Loan Officers 46

Berkshire Hathaway

AUGUST 30, 2022

Minor Bathroom Remodel. Average Cost: $10,500. There are essentially two types of rooms that sell houses: kitchens and bathrooms. As it turns out, however, the greatest home improvement ROI coincides with remodeling the bathrooms. Average Cost: $4,900. Minor Kitchen Remodel. ROI: 102.0%.

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Renovations Home Improvement Buyers Design 52

AmeriMac

APRIL 15, 2024

In this blog, we will explore the ins and outs of home appraisals, including their importance, how they affect mortgage loans and home equity, and the step-by-step process of ordering a home appraisal quickly. When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal.

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Appraisal Appraisal Process Real Estate Renovations 36

PennyMac

JULY 21, 2021

When it comes to remodeling plans, most homeowners immediately think of upgrades to be made inside of the house. Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. Yard Renovations: Create an Outdoor Living Space.

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Renovations Real Estate Investing Design 36

Valuation Nation

NOVEMBER 1, 2022

The following link is a blog that Woody Fincham, SRA, AI-RRS, ASA, ASA was quoted in. This is poste d with the owner of the blog’s permission. So, instead of granite countertops and open floor plans, think heating and cooling systems, the seals around your bathroom piping, and the insulation inside your walls.

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Appraisal Design Investing Technology 45

Will Springer Realtor

AUGUST 30, 2022

Owning a detached, single-family home comes with maintenance costs to keep the place in good shape. And for you procrastinators, those cost allocations will be even higher. You can almost see the prospective buyer calculate the costs of updating critical areas of the home. That figure is up a little more than 5% in just a year.

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Supply Chain Renovations Home Improvement Real Estate 36

Chicagoland Appraisal Blog

APRIL 3, 2020

But not everyone has the budget for a full remodel (nor would such an investment be wise or necessary right before you sell). This will cost $2,600 on average but you’ll fetch a 100% return on investment , according to the National Association of the Remodeling Industry. The Windy City is home to more than 2.7

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

JANUARY 9, 2024

This positive shift is expected to bolster consumer confidence and help alleviate cost pressures in numerous aspects of the economy. The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years.

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Mortgage Real Estate Law Lending 36

Will Springer Realtor

MAY 9, 2023

Improvements include remodels, replacements and additions to homes. Improvements include remodels, replacements and additions to homes. The so-called rate-lock effect is prompting many homeowners to remodel over a move. Owners are investing about $475B ( yes, billion! annually in home improvements across the U.S.,

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Real Estate Modernization Construction Supply Chain 36

Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. The job assignments given to property data collectors are often the types of assignments that wouldn’t come across an appraiser’s desk.

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Appraisal Modernization Training Business 69

Will Springer Realtor

MARCH 14, 2022

First , prayers go to the millions of people displaced, disrupted or worse by the tragic events unfolding in Ukraine (the global leader in sunflower production, until now). Never did I expect to be writing in this darkest of decades – only 2-plus years in – about a pandemic followed by war. The answer is “very likely, yes.”.

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

DECEMBER 12, 2023

We have enjoyed working with many of you this year and providing informative stories and features in this newsletter as well as on the Living the Dream blog and social media platforms. I am finishing up my annual blog post that looks back at 2023 and takes a glimpse ahead at the full picture – housing, economy, jobs and new technology.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JULY 9, 2021

Wouldn’t it be great if we lived in a place where most major conveniences were within 15 minutes? The pandemic has caused many of us to rethink where we live – some now seeking more space for zooming, streaming and enjoying the outdoors. This is hardly a new concept. Make sure residents can get to their employer and to a jobs center.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

FEBRUARY 9, 2024

Residences would include kitchenettes, with larger shared kitchens nearby that would encourage neighbors to cook and eat together while keeping costs lower. For one, we tend to live alone – a full 156,000 of us city dwellers have no roommates or live-in partners unless you count your pet (we do love our pets!). In fact, the U.S.

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