Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use a new construction sale as a comp for an older home. The market dynamics have changed namely interest rates.
Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. The market dynamics have changed namely interest rates.
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Birmingham Appraisal
APRIL 11, 2023
11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.
Clear Capital
MARCH 4, 2024
For this month’s tip, we’ll focus on the three biggest factors in real estate. In the world of real estate, location is king as it’s a primary consideration for buyers and the foundation of property values. Depending on location, features such as condition, quality of construction, room count, etc.,
Realvals
AUGUST 4, 2022
In most real estate appraisal reports for residential properties, the primary way of determining the value is by using comparable properties from the neighborhood and adjusting them for their positive or negative attributes compared to the subject property. Bracketing. Therefore, the lot size is “bracketed.”.
Portland Appraisal Blog
JULY 20, 2019
A histogram may be used to display the shape and spread of the data of the real estate market and illustrate trends of properties that have sold and/or are listed. This is reflected in the age histogram showing most of the homes falling in the 91-97 years bracket. In a histogram, each bar groups numbers into ranges.
Raleigh Realty
APRIL 27, 2021
Real estate can get tight, where there are literally zero vacancy rates as residents love the area so much that they will stay there for several years. Over half the homes are of newer construction, about 55, that was built after the year 2000 and even more recent. What are the Best Places to Live in Knightdale? vacancy rating.
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