Remove Construction Remove Contracts Remove Law Remove Modernization
article thumbnail

Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. built in 1825 Excerpts: 8 bedrooms, 5.5+

article thumbnail

How to Find Comps With Few Sales

Appraisal Today

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.91

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can 3-D printed homes help solve the housing crisis?

Housing Wire

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

article thumbnail

100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

Zoning laws in the U.S. Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. The laws also play a role in community planning. The laws can be a double-edged sword.

Law 36
article thumbnail

Originators gear up for the purchase market

Housing Wire

But the boost in purchase business likely won’t be enough to prevent operational contraction: As margins shrink, lenders will likely have to lay off staff and renegotiate compensation. rms can’t dodge fair lending laws and anti-discrimination laws under the guise of their secret algorithm.” “I

Marketing 427
article thumbnail

What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

A significant indirect influence comes with the infrastructure bill signed into law in November 2021. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. The good news is that a recently passed law may indirectly change the real estate market for the better.

article thumbnail

What level appraiser are you?

Appraisal Today

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. If certain changes in zoning become law in your state prepare for a massive decrease in the number of properties a residential appraiser can appraise. For instance, Portland, Oregon has a similar zoning.