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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Just as different types of leaven can be used to make bread rise, and even change the flavor of the bread, increasing home prices can result from different situations.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. Most good agents do a lot of work when pricing a home. If they end up too high, the home will likely sit on the market until the price is reduced.

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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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How to support credible valuations for shared equity programs

Clear Capital

For example, a home in a shared equity program is sold at a below-market price, affordable to those making less than 80% of the Area Median Income. In turn, when it comes time to sell the home, that owner can’t realize any more appreciation beyond 2% per year.

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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. I have done a lot of estate appraisals.

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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. By contrast, a homebuilder acquires raw land to build on and sell when home values are high.

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Using Equity To Buy A Second Home

D Fritz Appraisals

What Is Home Equity? Home equity is a homeowner’s financial stake in their property. It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments.