Housing Wire

NOVEMBER 3, 2023

Geniusprice, an automated and instant home value estimate driven by AI, advanced machine learning and homegeniusIQ. Consumers can see room condition scores at a glance and get the estimated value of each property they’re interested in, instantly. Total credits to borrower cannot exceed actual closing costs.

Real Estate Agent 378

Real Estate Agent Real Estate Insurance Valuation 378

Housing Wire

MARCH 29, 2023

Existing-home sales , pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” The number of pending homes in the Northeast rose 6.5% Pending home sales rose 0.4% in the Midwest from January, which was a 16.5% decline from a year ago.

Contracts 311

Contracts Realtors Home Value Housing Market 311

Housing Wire

JUNE 1, 2021

The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price. The renovations would be on a budget, however. The final sales price could not exceed four times the area median family income.

Renovations 516

Renovations Development Investors Legal 516

Eppraisal

DECEMBER 16, 2021

Building a new construction home is exciting. As a homeowner of a brand-new home, you shouldn't have to worry much about systems and mechanicals breaking or needing repairs within the first few years. You should be able to feel confident that your new home will retain its home value because everything is new.

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Construction Home Value 36

Housing Wire

JULY 7, 2023

In general, after what we went through and what’s going on with home prices, construction costs and interest rates, there is less liquidity for bridge and fix-and-flip versus non-QM.” It’s hard to buy a home today, fix it up and make a profit when your borrowing cost and fixed expenses are so high.

Marketing 344

Marketing Lending Investors Real Estate 344

Housing Wire

NOVEMBER 23, 2021

Neighborhood Homes is a practical solution for communities in which the cost of renovating or building a home exceeds its market value after the work is complete. The cost gap also thwarts construction and development of modest homes, limiting the availability of affordable homes for first-time and first-generation homebuyers.

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Investing Renovations Development Construction 453

Housing Wire

JANUARY 7, 2022

That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year. The “Queen city of the Ozarks” needs more homes. Still, Augusta home prices are not immune to national trends.

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Housing Market Marketing Real Estate Agent Agents 368

Housing Wire

DECEMBER 8, 2022

Still, home values in these areas generally will remain well above pre-pandemic levels, Moody’s analysts said. The extent of recent booms, current construction levels, and changes in migration patterns (e.g., as remote work and environmental issues evolve) will drive local prices,” the analysts wrote.

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Mortgage Home Value Construction Investors 382

Housing Wire

OCTOBER 14, 2021

Over the same time period, home values grew 31.2%. In the past two years, prices have grown an additional 22%, which should come as no surprise, as more than half of homes sold this past July went for above list price and there appears to be no end in sight, as Goldman Sachs predicts that home prices will rise another 16% in 2022. .”

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Buyers Housing Market Real Estate Agent Real Estate 539

Housing Wire

JUNE 29, 2021

The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. With a nearly $75,000 gap, it becomes evident that homes in Otay Ranch at higher risk also have lower property values.

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Home Value Development Valuation Insurance 235

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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Insurance Housing Market Marketing Agents 352

Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. You’re Partly Responsible for Equipment Safety You’ll likely have construction equipment on your property during a major renovation. It Can Be a Stressful Endeavor Major home improvements can be physically and emotionally demanding.

Renovations 68

Renovations Supply Chain Home Value Construction 68

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Law Real Estate Property Taxes Marketing 456

Housing Wire

JUNE 10, 2022

Additionally, rising rates can also lead to a decrease in home values, as buyers are willing to pay less for a home when they can get a lower interest rate elsewhere. Finally, the last closely watched trend in the housing market is construction activity. The actual yin/yang here will be played out in the months to come.

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Sellers Inventory Housing Market Buyers 396

Housing Wire

APRIL 24, 2023

Less demand for homes will cause home values to drop in many neighborhoods. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. Lower homeownership rates mean there will be fewer buyers.

Legal 350

Legal Housing Market Government Buyers 350

Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Appraisal Renovations Home Value Real Estate 88

Eppraisal

MARCH 17, 2023

Some of the adverse economic factors have since abated -- at least somewhat -- so early 2023 might be the right time to take a fresh look at prospective demand for newly constructed homes, affecting home values, and the possibilities for whether that appetite is increasing, declining or remaining level.

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Supply Chain Home Value Inventory Construction 69

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” So, while the rate of home-price gains is trending downward, home values are still appreciating overall. in November, down from a 9.2%

Marketing 435

Marketing Government Mortgage Sellers 435

Housing Wire

MAY 25, 2021

. “Homes are selling about as quickly as ever, and many builders are expressing the fact that sales could be higher if materials-related constraints weren’t there,” Speakman said. “With so few existing homes available for-sale, would-be buyers continue to eagerly seek out newly constructed homes, even as prices rise.”

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Supply Chain Inventory Buyers Construction 435

East Coast Appraisal

FEBRUARY 28, 2022

Your home's square footage is a great determinant of the home's appraised value. Market Trends Market conditions determine your home's value at any given time. If there are many houses for sale in your area and the demand is low, your home's worth may decrease.

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Appraisal Renovations Home Value Construction 52

Raleigh Realty

FEBRUARY 19, 2022

Of course, if you're in a hot market and believe the home is worth what you're offering, you could save yourself time and energy by skipping the appraisal process. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. Just about anything and everything.

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Appraisal Process Appraisal Construction Sellers 139

Eppraisal

MARCH 21, 2023

Modernist architecture and "McMansions" represent more recent stages in home value. It all begs the question: what are the next trends and departures that home builders will incorporate into their creations. What's Next in Home Building? These can raise home value, as well.

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Architecture Home Value Construction Realtors 69

Eppraisal

JANUARY 3, 2023

New or Existing Homes You will also need to decide whether you want to live in a new construction neighborhood or a neighborhood that is fully built with existing homes in it. The age of the home you buy matters. Homes in new construction neighborhoods have warranties on the new construction and appliances.

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Real Estate Agent Construction Real Estate Home Value 36

Cleveland Appraisal Blog

APRIL 29, 2021

The materials used in the construction and decoration of your home are also extremely important because they determine how structurally sound your property is, how it’s going to last over time, and how much maintenance it’s going to require. Again, there is not much you can do about construction materials. Materials used.

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Appraisal Investing Buyers Renovations 249

Hank Miller Team

DECEMBER 7, 2021

Price per square foot is unreliable to value homes. It is without question one of the most quoted "sources" when home values are discussed but it is so flawed that on any level, it cannot stand even the softest of challenges.

Real Estate Agent 69

Real Estate Agent Real Estate Home Value Design 69

Raleigh Realty

APRIL 19, 2022

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Consider the following eco-friendly home improvements if you’re looking to maximize the value of your current, or future, property.

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Renovations Construction Home Improvement Government 78

Eppraisal

APRIL 28, 2023

Living at home during construction 5. Effect on home value 6. Your town will also place limits on the construction of the project so the contractor must submit plans to the responsible government body in order to obtain the necessary permits to build. This alone improves home value. Permitting 3.

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Retail Business Design Home Value 36

Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. One observation I have made is that different cost data services may vary a little in their analysis of what the total economic life of a home is.

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Appraisal Development Finance Lending 365

Housing Wire

JANUARY 3, 2024

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. million bond to purchase property to construct affordable housing for teachers and staff.

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Landlords Home Value Construction Renovations 471

Eppraisal

MAY 2, 2023

Opening a Home Office for Physicians and Dentists Health care professionals who want to either build out a home office -- or remodel an existing part of the house for such purposes -- must calculate the obstacles of doing so. Construction for new residential space can run about $150 per square foot for a residence per Forbes magazine.

Business 36

Business Home Value Finance Retail 36

Eppraisal

SEPTEMBER 24, 2021

The market normally remains strong, and home values rise, through the spring and summer months. The price range increase covers everything from the condition of the home for sale and the location. This hot seller's market, and continued rising home values, is not going to end anytime soon.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Quicken Loans

DECEMBER 16, 2021

In addition, home values and sales skyrocketed. Chamber of Commerce Commercial Construction Index (CCI) face at least one material shortage, with steel, lumber and insulation the top-cited. Thus, affecting the rate contractors can build new homes. On the other hand, the smaller housing inventory helps sellers.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

PennyMac

OCTOBER 10, 2023

The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

APRIL 26, 2024

This practice may shed light on why the correlation between home values and neighborhood racial composition strengthened again from 1980-2015, while the connection between home values and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened.

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Appraisal Real Estate Real Estate Agent Contracts 75

Housing Wire

AUGUST 3, 2023

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. However, it was deemed as too challenging technologically so it languished. It re-emerged in the AI scene in October 2012. It first explained how it was better than human agents. GPT-4 could quickly process massive amounts of data.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Cleveland Appraisal Blog

JUNE 2, 2022

Be Efficient and Raise Your Property Value – Home Value Stories with Jamie Owen (My Interview With Tina Larsson). Tips For Appraising New Construction Homes – APPRAISAL TODAY. Do Things That Don’t Scale – The Real Value Podcast with Blaine Feyen. Is this a Time of Ripeness?

Appraisal 195

Appraisal Local Properties Home Value Contracts 195

Eppraisal

SEPTEMBER 23, 2022

They are attracted to certain plants, flowers, food and water around the exteriors of our homes. If you live by a body of water, field, forest, nature preserve or new construction, they can be abundant. Bugs and critters find their way into homes looking for food, water, shelter and warmth.

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Home Value Construction 36