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Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move!

Cleveland Appraisal Blog

Let’s get do what’s happening with housing stats in Northeast Ohio. GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. There is still strong buyer demand.

Inventory 344
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Loosening The Knot

Appraisal Buzz

Of course, this applies to the work of real estate appraisal as well. The transaction is a complex interplay between buyer and seller. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people.

Sellers 379
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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

For example, a residential property with a one-car garage in a market that expects similar homes to have a two-car garage (known as an underimprovement) or too many expensive amenities for its location (known as an overimprovement or superadequacy) is out of balance.” So one buyer may pay more for the same home than another.

Appraisal 284
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Surprising Things That Can Decrease Property Value

Cleveland Appraisal Blog

I can tell you that some buyers will certainly agree with these points! Therefore, when making any renovations to increase your home’s worth, always keep in mind that potential buyers may have very different tastes from you. Potential buyers may be put off by a home that is carpeted from floor to ceiling. 2 Bad neighbors.

Appraisal 298
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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Housing market trends for 2022. While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Related reading: Check out our roundup of Housing Market Predictions for 2022.

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GSEs still shun the low end of manufactured housing

Housing Wire

million Americans who live in homes financed with chattel — about 42% of the manufactured housing market — don’t enjoy the consumer protections that long-established legislative bulwarks afford those with a traditional mortgage. But the government sponsored enterprises may now be on the cusp of entering the chattel market.

Finance 345
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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. See below why we feel Ohio land for sale market is still ripe for growth. Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales.