Remove Construction Remove Contracts Remove Inventory Remove Workshop
article thumbnail

Apps for Appraisers

Appraisal Today

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Quality Adjustments for Appraisers

Appraisal Today

Quality refers to the quality of items, materials, and construction. A heated, eight-car garage has a radial motor court for easy vehicle access and features a separate workshop. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.81 percent from 6.91

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Falling new inventory is constraining transaction volumes while also supporting higher home prices. Four other residences have traded hands this year and two more are under contract for sale. And, opening this year, Graystone.

article thumbnail

ClearCast Podcast E19 — Nooklyn CEO Moiz Malik

Clear Capital

And, with some of the changes and even like California — some of the zoning changes — allowing for more multifamily construction in what has been traditionally single-family areas. Finally, last night over a couple glasses of wine, my wife and my friends workshopped with me other German food puns. So yeah, it was fun.!