Remove Construction Remove Contracts Remove Transportation Remove Workshop
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. In some neighborhoods, older homes may be highly sought after, while in others, newer constructions may be more desirable. Over the past several years we have all seen drastic changes occur in the market.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

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
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 There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic. The home was constructed for olive-oil importer John Vittucci.