Housing Wire
APRIL 17, 2023
As existing home inventory continues to fall, builder confidence is on the rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday. In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.
Housing Wire
MARCH 15, 2023
Scores for each component of the homebuilder confidence survey are then used to calculate an index, with any number greater than 50 indicating that more homebuilders view conditions as favorable than not. The NAHB attributes the increase to the lack of existing home inventory shifting demand to the new home market.
Cleveland Appraisal Blog
MARCH 4, 2021
While we take into consideration both actual and effective age in our appraisal process, if a home is not newer construction, as noted earlier, it is more typical to make an adjustment for condition or effective age rather than for chronological age. How About Loan Conditions? – Sacramento Appraisal Blog.
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