Birmingham Appraisal

MARCH 26, 2024

Prices have held steady and even increased in some areas due to limited inventory. They wanted to know if it was okay to use a new construction sale as a comp for an older home. The cost approach is most relevant for new or like new construction. The market dynamics have changed namely interest rates.

Construction 82

Construction Appraisal Process Appraisal Bracketing 82

Birmingham Appraisal

MARCH 26, 2024

Prices have held steady and even increased in some areas due to limited inventory. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. The cost approach is most relevant for new or like new construction. The market dynamics have changed namely interest rates.

Construction 74

Construction Appraisal Appraisal Process Bracketing 74

Houston Properties

JANUARY 13, 2021

For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. So, what did they do?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68