Appraisal Buzz
AUGUST 29, 2022
Experts consider a price unaffordable if the owner or occupant spent 30% or more of their monthly income on the home, with one in seven households spending over half of their income. Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. This was due to an all-time housing shortage. Appraisals.
Eppraisal
MAY 14, 2024
When building a home, homeowners should consider the project's sustainability. Aside from affecting the overall home value, a building’s eco-friendliness can impact your comfort as time passes. Environmental considerations are also associated with energy savings and home comfort.
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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.
D Fritz Appraisals
OCTOBER 11, 2022
Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. 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.
Will Springer Realtor
DECEMBER 8, 2021
housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%
Will Springer Realtor
AUGUST 9, 2022
ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. Note: All data is sourced from the Northwest Multiple Listing Service, which excludes sales of new construction homes.
Will Springer Realtor
OCTOBER 8, 2021
They wonder if they missed their opportunity to buy before interest rates rise along with home values. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Who needs a car?!
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