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. Chance to really irritate annoying real estate salespeople. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft., Walk around holding a clipboard just like “Skip” down at the Jiffy Lube.

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Appraisal Today

APRIL 5, 2024

Luxury living at this 10-acre promontory estate in Beverly Hills CA for $120,000,000 Excerpts: 8 bedroom, 20 bath, 30,610 sq.ft., Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. built in 1825 Excerpts: 8 bedrooms, 5.5+ baths, 6,263 square feet, 2.23 percent from 6.93 percent from 7.14

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Listing Spark

SEPTEMBER 27, 2023

The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Then you can start building up your tech stack to suit your needs.

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Appraisal Today

AUGUST 4, 2023

Excerpts: As we hit the mid-year mark of 2023, it’s time to assess the real estate industry’s performance so far. However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.85

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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 Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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Appraisal Today

SEPTEMBER 8, 2023

First of all, the value of an STR has three major components: 1) the real estate, 2) personal property, and 3) the business. STRs are far more than real estate; they include a business also known as a “growing concern” or intangible property. The regal real estate was first listed in 2014 for $45 million.

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. We have never seen a pandemic real estate market before. I listened to him for many years about real estate economics. No one did.

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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 professor at the Center for Real Estate Theory and Practice, Stapp provided an itemized form of the costs to build a new home. They’re stressed on so many fronts right now.”.

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Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Damned if you do, damned if you don’t has become the new normal in the real estate appraisal profession.

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Appraisal Today

APRIL 21, 2023

How to Get Referrals for Your Appraisal Business By: McKissock Excerpts: Prospecting for new leads is a way of life in the real estate business. The most successful real estate professionals generate leads from their personal and professional networks, ensuring a full sales pipeline without spending a fortune on marketing.

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Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.93 percent from 7.09

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Appraisal Today

JULY 7, 2023

Everything has been fully modernized. This isn’t about throwing shade or real estate gossip, but interacting with ideas that are becoming a part of the housing narrative. On that note, a critique of a rosy real estate narrative is that things aren’t always super positive and glowing.

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Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. There is definitely a belief that home prices will go down,” noted Ali Wolf, chief economist for real estate consultancy Zonda. months of inventory. in October.

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Appraisal Today

JULY 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. As several calls to the listing agent have gone unreturned, we (and social media) are left wondering why this modern marvel hasn’t sold.

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Appraisal Today

JUNE 16, 2023

It also describes the risks of deficient residential real estate valuations, whether through omissions, errors, discrimination or lack of information. Local real estate agents wanted them. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.77

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Appraisal Today

SEPTEMBER 1, 2023

Examples of data sources include, but are not limited to, a multiple listing service, deed records, tax records, real estate agents, builders, appraisers, appraiser’s files, and other third-party sources and vendors. In USPAP and The Appraisal of Real Estate (TARE) we have two predominant topical sources. from outside.

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Appraisal Today

AUGUST 5, 2022

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc. Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. House with trees growing inside! percent from 5.74

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. percent from the week prior. percent from 6.48

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Appraisal Today

NOVEMBER 10, 2023

addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. In the world of real estate appraisals, a cardinal rule should always be “Don’t Make the Same Mistake Twice!” The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

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Appraisal Today

OCTOBER 21, 2022

National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC. Inventory levels. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. National Real Estate Post Video (6 minutes). So, what metrics are worth watching?

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Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ I have written about all three.

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Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. Get started as a luxury real estate appraiser. Inventory levels have an impact on property valuation, at least in the short term.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. acre lot A unique home with modern architectural features seldom seen in a suburban setting. baths, 2,973 sq.ft.,

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. The AI is the largest, and longest, national professional real estate appraiser association, which matters.

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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. A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%.

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Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. But by how much? It’s a 5-bedroom, 4.25-bathroom

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Will Springer Realtor

MAY 9, 2022

He was one of the authors of a recent report that found signs of a housing bubble in the real estate market. Real estate data firm CoreLogic puts housing markets into one of five categories based on the likelihood that home prices will fall over the coming 12 months. The national numbers are starting to be concerning.

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. home with 20% down is 44% more than it was at the start of this year, according to data from real estate analytics firm Black Knight.

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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. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

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Will Springer Realtor

SEPTEMBER 8, 2021

The New Homes Trends Institute at John Burns Real Estate Consulting reported the once-prolific “resort lifestyle” is being unseated as the second-most important focal point. If you are looking to work with a real estate professional with connections to those lenders, please give me a call. but “When.”.

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Appraisal Today

SEPTEMBER 9, 2022

As usual, in a real estate appraiser’s life, USPAP is always important. There is no sign of a rebound in purchase applications yet, but the robust job market and an increase in housing inventories should lead to an eventual increase in purchase activity.”. And I thought Alameda’s Skinny House in my city was thin!! =.

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Will Springer Realtor

OCTOBER 11, 2022

The Fed is determined to cool inflation, and they’re willing to throw housing under the bus to do so,” Devyn Backman, senior researcher at John Burns Real Estate Consulting, told realtor.com. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. Dining out.

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), “If rates rise above 5% you will price buyers out of the market,” Devyn Bachman, vice president of research at John Burns Real Estate Consulting, told Fortune. overall, where housing inventory rose 2.4% months in King, 1.0

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Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

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Will Springer Realtor

AUGUST 9, 2022

A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050. Inventories are on the rise, so much so that one area is now considered a buyer’s market. Inventory levels are mounting in King, now at 1.9 of all U.S.

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Will Springer Realtor

JULY 9, 2021

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! based real estate research and publishing firm. Inventory across our area remains extremely low. My information is based on an annual report from Hanley Wood, a D.C.-based

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Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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