Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape. built in 1825 Excerpts: 8 bedrooms, 5.5+

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Cleveland Appraisal Blog

MARCH 4, 2021

So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. Of course, a ten-year old kitchen is going to have some wear and tear from use. They may replace the flooring and lighting. The same is true with bathrooms.

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Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Months of Inventory (1.2 Months of Inventory (Compared to 3.3 Months of Inventory: (down 1.4 this time last year).

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Appraisal Today

JANUARY 5, 2024

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. . :< Iconic Malibu CA Masterpiece – Airbnb $1,950 per night Excerpts: 3 bedrooms, 2.5 Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft., The refinance share of mortgage activity decreased to 36.3

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Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

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GoForrmz

DECEMBER 29, 2022

While specialized platforms, like a digital inventory system, can focus on streamlining specific aspects of your business, a broad-application system like digital forms can help in multiple ways. If you haven’t considered moving from paper to online forms , it’s time for your team to enter the modern era of data capture.

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Housing Wire

NOVEMBER 17, 2022

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish.

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Housing Wire

JUNE 23, 2023

The office will work to accelerate manufactured housing in order to help address the nation’s inventory issues. Thanks to the work executed by our Office of Manufactured Housing Programs over the last two years, we have made significant progress to support the availability of modern and affordable manufactured homes.”

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Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

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Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. Bill Dallas: As construction and labor costs have climbed, so, too, have home prices. HousingWire: What are the current challenges when it comes to affordable housing?

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Appraisal Today

AUGUST 18, 2023

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period.

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Appraisal Today

JUNE 16, 2023

Vugrin was the protegé of organic architect Kendrick Bangs Kellogg during the 1980s when construction began. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape. The original owner of the house Jay was fascinated by fossils.

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Housing Wire

DECEMBER 31, 2021

Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers. Homebuilders will have more success overcoming current building material shortages and should be able to increase the pace of construction to meet the sizable demand for buying,” Fratantoni said.

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Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = They used materials from all over the world to furnish it.

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Will Springer Realtor

MARCH 10, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” The structures have been topped out and construction cranes are coming down. The 20-story luxury condo Mari is under construction with a 2024 target opening. bath , 4527 sq.

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Chicagoland Appraisal Blog

APRIL 3, 2020

Chicago’s housing options include a wide diversity of architecture, styles, and sizes, including vintage condos, brand-new construction, and 7,000-square-foot homes. in 2019 over the previous year, perhaps an effect of high property taxes, falling population, and an excess of homes after the mid-2010s construction boom.

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Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. That’s fair.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. What Fannie Says About 3d Printed Homes in Announcement SEL-2023-08September 6, 20233D printed homes are an innovative building technique that brings efficiency and potential cost savings to new home construction.

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Appraisal Today

JUNE 17, 2022

Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. The way that we did that was through cantilevers and using structural engineers and steel to help us to construct the home that we absolutely wanted.”. Two days ago the Fed raised rates by 0.75%. Lower inflation? Real estate market? ==.

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Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here. By Mark Buhler.

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Houston Properties

JULY 18, 2022

Antique Pavilion — An upscale multi-dealer shop that houses an inventory of authentic antiques, fine accessories, and a vast assortment of collectibles. It features classic French cuisine with modern American influences. Some have since been replaced with new construction homes.

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Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B billion tax fraud scheme. Right now, nothing compares to it.” The 30-year fixed rate increased to 6.69

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Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. baths, 2,973 sq.ft.,

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Appraisal Today

FEBRUARY 9, 2024

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9% Lee Miller.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Falling new inventory is constraining transaction volumes while also supporting higher home prices. Owners are investing about $475B ( yes, billion!

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Will Springer Realtor

DECEMBER 11, 2022

months of inventory. Inventories across the county for all home types now stand at 2.2 Single-family inventory is unchanged from October at 2.1 Exclusive neighborhoods such as Medina and Mercer Island have roughly 4 months of single-family inventory. A little more than a third of inventory is under contract.

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. Inventories for condos were little changed from month to month, standing at 0.6

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Appraisal Today

NOVEMBER 10, 2023

Originally constructed in 1973, an 1100 ht.sq.ft. addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. Additions may be constructed, outbuildings added, and zoning regulations updated. A highlight of this exceptional home is its recently updated kitchen, completed in 2022.

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Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. We’ve seen a massive change in housing inventory. Weakening purchase applications trends in recent months have been consistent with data showing a slowdown in sales for newly constructed homes and existing homes.

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Empire Appraisal Group

FEBRUARY 15, 2024

Homeowners Are More Apt to Stay Put With interest rates for a 30-year fixed mortgage still high, home prices holding steady and inventory still low, many homeowners plan to stay put, optimizing or expanding their existing square footage. Laurel Vernazza, Home Design Expert at The Plan Collection— Scarsdale, N.Y.

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Empire Appraisal Group

FEBRUARY 22, 2024

Venice: a prime choice for suburban living with urban perks Nestled along the picturesque Gulf Coast, Venice is a prime choice for those seeking to elevate their family lifestyle, as nearly half of the housing inventory comprises single-family homes. Construction is evolving at a rapid pace, with 14.4

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Will Springer Realtor

FEBRUARY 8, 2023

Looking more closely however, the sale of condo homes in downtown (excluding new construction) has numbered in the single digits for three consecutive months – about a third of the normal seasonal rate. Bedroom-sized home offices are no longer the norm in modern floor plans. Seattle feels unsettled.

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Appraisal Today

OCTOBER 21, 2022

Inventory levels. The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. Until we get past this period over the next few months it may be hard to say definitively what is exactly happening.

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq. a month ago.

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Will Springer Realtor

JANUARY 9, 2024

BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index. There is little doubt the inventory shortage will continue through 2024 – as mortgage rates remain too high for many consumers – and that means great pressure to push prices higher. But by how much?

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