Remove home-addition-cost
article thumbnail

Opinion: Will lower lumber prices offset rising rates?

Housing Wire

High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That means a $670/mbf move in lumber prices is equivalent to $18,600 in additional cost. What drove high demand for homes?

article thumbnail

Treasury’s new housing plan includes redirected COVID-19 funds to boost affordable supply

Housing Wire

Deputy Secretary of the Treasury Wally Adeyemo authored a blog post that outlines the current situation for affordable housing in the U.S. The FFB risk-sharing initiative will assist in the construction of “tens of thousands of additional affordable homes” over the next decade, he wrote.

Insurance 463
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

All the Tips You Need to Make Moving to a New State Much Easier

Cleveland Appraisal Blog

Employment, the cost of the move, buying a home, and many other things. Research Potential Homes Before You Move. Before you pack up the car and bring your entire family to your new destination, you will want to research potential landing spots so you can find a home that will suit your needs. I hope you enjoy it!

Appraisal 304
article thumbnail

Tips for Moving Out of State: Here’s What You Need to Know for Your Big Move

Cleveland Appraisal Blog

Moving out of state to Cleveland and looking for a new place to call home? Visit the Cleveland Appraisal Blog for expert advice and assistance. Most of the major insurers even help cover the costs. However, that’s not to say that you can’t prepare yourself for the change that’s about to take place.

Appraisal 342
article thumbnail

The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

Because in both instances, they first had their homes valued by real estate agents, not appraisers. If a real estate agent can price a home, surely, they can value it. But there is a big difference between pricing a home by a real estate agent vs. having it appraised by a state-licensed or certified appraiser. That’s right!

Appraisal 302
article thumbnail

What to Expect Undertaking These 4 Common Home Projects

Cleveland Appraisal Blog

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Read on for some pointers from Cleveland Appraisal Blog. Home Office Addition.

article thumbnail

Attracting More Appraisal Business

Cleveland Appraisal Blog

Investors who need a value of a home before and after the proposed repairs are made, sometimes use appraisers. START A BLOG. Starting a blog is not difficult. Blogs don’t have to be long. Home prices may be tanking in one market and doing well in another. There are a number of good blogging platforms you can use.

Business 393