Appraisal Today

AUGUST 18, 2023

For other cities, we used comp books (sales), microfiche, and other sources. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16

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Appraisal Today

FEBRUARY 9, 2024

Homebuilders have been offering sizable concessions, including money for mortgage rate buydowns, to attract bidders and offload inventory. Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. Lee Miller. There are four of these homes.

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Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. In addition to working with non-profits – like San Francisco-based New Story on 3-D printed homes in Nacajuca, Mexico – Icon also has a federal research contract with the Air Force.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

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Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. Two of the characters in the book, Scurry and Sniff, are willing to do whatever it takes to find the cheese. Read this article and the classic book.

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Appraisal Today

SEPTEMBER 9, 2022

Mansions, of course, have long played a special role in the American psyche—from Gilded Age monuments to egregious affluence in New York, from futuristic edifices for the West Coast tech elite to the larger-then-life residences of comic book titans Richie Rich, Scrooge McDuck, and Batman. percent of total applications from 30.3

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Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

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Will Springer Realtor

NOVEMBER 10, 2023

This may be because “demand for HOAs is driven at least in part by a desire for exclusion,” as University of Illinois-Chicago scholar Evan McKenzie wrote in his 1994 book, Privatopia: Homeowner Associations and the Rise of Residential Private Government. Beyond labor strife, America’s home buyers and sellers appear to be on strike as well.

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. The Valuation of Condominiums, Cooperatives, and PUDs – Book Review. On my bookshelf. Appraiser Humor.

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