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DataDigest: Construction costs easing for homebuilders

Housing Wire

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction.

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DataDigest: Water wars in the Southwest

Housing Wire

Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix area. Housing affordability will be a challenge moving forward,” Spencer Kamps, a lobbyist for the Home Builders Association of Central Arizona , told the New York Times.

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HUD details funding, policy support for green homes and climate resilience

Housing Wire

Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reduction Act funding and recently announced plans to combat the effects of extreme heat.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Estate settlements.

Appraisal 105
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Can You Get a Mortgage for a Tiny Home?

Assurance Financial

Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points. THOWs also come with many additional financial considerations, like parking fees, water bills, electricity costs and transportation costs. Construction Loans.

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How To Appraise Rural Properties

Appraisal Today

However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. It involves analyzing data collected in mass quantities, developing statistics from the data, and applying the results to value properties. Later a conventional commercial building was constructed. =