article thumbnail

Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

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

Inventory 370
article thumbnail

Don’t Miss Out on Warehouse Space for Sale – The Recession-Proof CRE Sector

The Robert Weiler Company

However, unlike many areas of the current economic climate, demand for warehouse space for sale and warehouse rentals continually increases, with new construction occurring in Columbus, Ohio, and across the nation. Consider this: New warehouse construction will not soon meet the increased demand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation's Impact on the Housing Market

Eppraisal

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.

article thumbnail

What is a Commercial Real Estate Appraisal?

AmeriMac

Types of Commercial Real Estate Appraisals Commercial real estate appraisals are third-party assessments of the value of income-generating properties such as office buildings, retail buildings, and multifamily apartment complexes. The appraisal process takes into account the potential earning power of the property.

article thumbnail

VA Appraisals and Fee Appraisers

Appraisal Today

Excerpts: Built sometime in the late 19th century, a Victorian-era row house was constructed on St. Paying high property taxes. Once you’ve saved up the thousands for a down payment on a mansion and managed to move in, don’t forget to budget for the sky-high property taxes you’ll be paying for as long as you own the home.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

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.

article thumbnail

How To Appraise Rural Properties

Appraisal Today

In contrast to Value Acceptance, most homeowners are familiar with Mass Appraisal, the approach commonly employed by County Assessors for property tax purposes. Later a conventional commercial building was constructed. = retail residential mortgage applications, and has been conducted weekly since 1990.