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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. Brokers noted that the softer market is (slowly) shifting back toward a balance between buyer and seller.

Inventory 375
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What’s The Size of Your Driveway?

Cleveland Appraisal Blog

On the other hand, in other high-density neighborhoods, many homeowners may use public transportation. It really depends on the neighborhood and what the typical buyer in that neighborhood is looking for. It depends on the area and the type of home, and what buyers expect. Do You Check Appliances During the Appraisal Inspection?

Appraisal 243
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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Location: The neighborhood, proximity to amenities, schools, transportation, and desirability of the area significantly impact a property’s value. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. These include: 1. Here are some valuable insights and tips: 1.

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5 Ways to Help First-Time Homebuyers

McKissock

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. How far will their budget truly go? Answer Questions.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Who said this is a sellers’ market? GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. Single-family-home buyers seeking to purchase a luxury home – known as a high-balance mortgage – will likely pay a higher interest rate.

Sellers 36
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Drones for Real Estate Photography and Appraisals

D Fritz Appraisals

With commercial drone use now legal in Canada, it’s worth considering whether drone photography and videography is also helpful for real estate appraisal inspections. When combined with old-fashioned boots on the ground, the use of a drone for real estate appraisals can upgrade a property inspection. What is Drone Photography?

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.