DataMaster

JANUARY 15, 2021

It’s a seller’s market! Not only did the historically low interest rates contribute to the rise in home prices, but new home construction didn’t keep up. The increase in home prices is a boon to real estate professionals and home sellers, but a bane to buyers. New Home Construction. Appraising in 2021.

Appraisal 147

Appraisal Construction Business Real Estate 147

Eppraisal

MARCH 28, 2023

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. Drawbacks exist alongside benefits.

Construction 36

Construction Inspection Property Taxes Home Value 36

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Appraisal Today

FEBRUARY 9, 2024

The government and those that write the rules have made it illegal (a punishable violation) to refuse an appraisal assignment in an area which consists primarily of non-whites. single-family homes for sale in the fourth quarter were new construction. It also protected the borrower from paying more than the home/property is worth.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Appraisal Today

APRIL 5, 2024

This is one of the appraisal discrimination cases that has received significant attention – among appraisers, the media and government agencies. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape.

Appraisal 77

Appraisal Contracts Business Construction 77

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 287

Renovations Investing Real Estate Marketing 287

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. My comment: Another way to increase affordable homes and allow easier new ADU construction.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Will Springer Realtor

FEBRUARY 13, 2024

We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. higher than January 2023. fewer (1842) than on Jan.

New Listings 54

New Listings Buyers Inventory Lending 54

Hank Miller Team

JULY 12, 2023

During the pandemic, the government bought mortgage backed securities and artificially maintained those historically low interest rates. Fewer buyers, fewer contract and sales. Listing inventory down as well, in the mix is the dearth of new construction when builders slammed on the brakes. Those numbers are rising again.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Appraisal Today

AUGUST 13, 2023

High-end construction with luxe touches throughout, vaulted ceilings elevate the space. Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. Dear Sellers, the housing market misses you It’s tough to value properties today! government debt rating.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Housing Wire

NOVEMBER 30, 2023

From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent. Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today.

Real Estate 380

Real Estate Real Estate Agent Law Inspection 380

Movoto

MARCH 25, 2024

Think of getting pre-approved for a mortgage as a kind of stamp of approval: it shows sellers you’re a serious contender with the financial backing to buy their home. For self-employed individuals or freelancers, most written work contracts should suffice. Identification (valid government ID). you really love.

Mortgage 36

Mortgage Real Estate Agent Sellers Real Estate 36

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. “Pent-up sellers cannot wait any longer. Um, bye-bye! worth of activity from an estimated $10.4B

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Appraisal Today

JULY 1, 2022

Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? 2) Many sellers are distracted by hot headlines from the past. More Than 40% of Home Sellers Are Dropping Their Prices in Salt Lake City, Boise, Sacramento and Other Pandemic Hot Spots. Why Appraisers Don’t Depreciate Land. Depreciation!

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Appraisal Today

JULY 22, 2022

Throughout the years, we’ve seen more homeowners construct dedicated “intimacy rooms”—like sex rooms or BDSM basements—inside their homes, but this is the first time this trend has been packaged in the form of a renovation reality show. What did he think when Netflix approached him about doing this type of construction? percent from 5.74

Appraisal 52

Appraisal Contracts Buyers Design 52

Raleigh Realty

MAY 3, 2021

Oftentimes you may even find that new construction homes are the way to go as the barrier to entry can oftentimes be easier than purchasing a resale. The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. Unconventional loans are insured by the federal government.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. In 1983, the government removed home prices from the CPI and replaced them with rent-cost data.).

Real Estate 36

Real Estate Buyers Construction Sellers 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Low inventory and high demand are the signatures of a seller’s market. Consider this: Central Ohio homes under contract in June 2021 proved to be the best for the month and a record high for any month, ever! The only low point is new construction starts. Offer a Land Contract: What is a land contract?

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

Construction 36

Construction Supply Chain Real Estate Development 36

The Robert Weiler Company

OCTOBER 21, 2022

Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. You may need a commercial valuation for many reasons. Obviously, this appraisal method comes with its share of debate.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Quality of construction. Get PDF Now. Table of Contents. How Is My Neighborhood Doing? I’m A Buyer.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

APRIL 6, 2021

In Seattle, getting a mortgage on a home at Madison Tower is different than, say, Insignia Towers, and just as it’s different when buying new construction at KODA (opening soon) versus Nexus (open for more than a year now). A buyer’s choices for financing of a condo, however, can be, well , complicated.

HOA 36

HOA Mortgage Buyers Insurance 36

Will Springer Realtor

NOVEMBER 12, 2021

Zoning , the regulation of land use and structures, essentially dictates how and where we live – with near-unbridled discretion by local governments. shows a link between heart health and inclusionary zoning, where local governments require developers of new multifamily buildings to set aside a certain number of units for low-income housing.

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

NOVEMBER 10, 2023

More than 2.3M, or 31%, of Washingtonians live in a community governed by a Homeowners Association. As Seattle and most of Washington face hard questions about increasing housing density, the government is often exempting communities with established association rules and bylaws. John Burns reports some builders are spending 6.5%

HOA 36

HOA Buyers Law Supply Chain 36

Houston Properties

JANUARY 13, 2021

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. COVID-19 and subsequent government actions have dumped gasoline on wealth inequality in ways that we don’t fully understand yet. Avoid 9 Costly Mistakes Sellers Make. Do You Want To Buy A Home Now? Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Typically, sellers don’t have access to this. You can locate these in your city or county government office. Constructing a basement. Moreover, they are fairly easy to find.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

Appraisal Today

DECEMBER 9, 2022

The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. For this analysis ATTOM looked at current average home values, 5-year home price appreciation for YTD (Q1-Q3) 2022 vs. YTD (Q1-Q3) 2017, current average home equity, home seller profits, and home flipping rates in U.S.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. million sq. Are we in a housing bubble?

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. I have written on this topic before.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. That’s 52% higher than 2018, when Freddie first began looking at housing shortages.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2023

Another 14,716 units are under construction and more than 25,000 are in the planning stages, meaning they will likely start construction within about a year. The sellers, Cannabidiol business owners, are reportedly downsizing their living arrangements. BY THE NUMBERS >> The ratio of U.S. from 48.0% List: $7.25M ($756/sq.

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Buyers Transportation Housing Market Law 36