Remove Construction Remove Contracts Remove Modernization Remove Transportation
article thumbnail

How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

article thumbnail

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

Appraisal Buzz

Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. 39 billion to modernize transit. $17 which will lead to faster and easier cross-country transportation. Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Appliances for FHA appraisals

Appraisal Today

The tremendous growth in the creation of infrastructure for the expansion of major cities, water systems, canals for transportation of goods, road and street systems, inevitably required acquisition of private property. single-family homes for sale in the fourth quarter were new construction. Nationwide, 31.8% Lee Miller.

article thumbnail

My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. Older homes may have unique features or craftsmanship that adds to their value, while newer homes might have modern conveniences and energy-efficient technologies.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

article thumbnail

PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”.

article thumbnail

Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Do you have a paper trail? employment rate).