Housing Wire

MAY 8, 2023

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

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Eppraisal

FEBRUARY 22, 2022

The retailer pays more for the wood so likewise marks up the price for the consumer in order to make a profit. Yet swelling house prices go far beyond new construction and that is good news for the owners of existing homes. Not to be forgotten are property taxes, which will also rise in tandem with values.

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The Robert Weiler Company

OCTOBER 21, 2022

Below we’ve outlined the most common commercial property appraisal methods. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. The cost approach also considers depreciation, thus, assuming a fair market value for the commercial property.

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Will Springer Realtor

MAY 9, 2023

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

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Appraisal Today

JANUARY 4, 2023

He bought the plane for $100,000 in 1999 and spends $370/month on property taxes and electricity. He’s a construction guy, and it’s a legitimate castle with lots of features that are medieval in nature, but it’s a newer construction property,” says listing agent Will Frederick, with Keller Williams Realty Services.

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Will Springer Realtor

MARCH 14, 2022

Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. New construction is not likely to keep up with demand and bring that median age [of a home] down. A 2021 survey showed nearly half of U.S.

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