Cleveland Appraisal Blog

MARCH 25, 2023

Here are some links to other articles I think you might also enjoy… Housing Concerns About Bank Runs – Housin g Notes by Jonathan Mille r The Power of Praise – Rachel Massey, SRA, AI-RRS, IFA Working RE What is the Role of Market Trends in a Real Estate Appraisal?

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Supply Chain Renovations Appraisal Market Value 280

Housing Wire

OCTOBER 8, 2021

HousingWire: Lastly, what do you think will be the big themes for the housing market in 2022? Jeff Walker: Supply chain challenges contributing to higher housing costs, rising interest rates as the Fed tapers MBS purchases, and contracting Gain on Sale margins.

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Supply Chain Contracts Tools Housing Market 278

Hank Miller Team

JANUARY 9, 2024

What is the forecast for the Atlanta real estate market in 2024? Contrary to most every regional and national prognosticator, the only legitimate answer is "it depends" It's critical to understand prior markets, look for patterns, and temper that with current economic conditions. They cannot.

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Real Estate Marketing Contracts Sellers 40

Housing Wire

NOVEMBER 29, 2021

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. RMBS market.

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Loan Officers Supply Chain Mortgage Marketing 413

Hank Miller Team

OCTOBER 6, 2022

Attention media Please stop; the greater Atlanta housing market was just fine in the 3rd Qtr of 2022. The Atlanta housing market in Q3 2022 did not melt down. Atlanta Housing Market in Q3 2022 Let’s have a look at factual data. We examine list price, contract price and sold price. for contracted homes -3.4

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Supply Chain Contracts Housing Market Inventory 52

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 the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

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Contracts Construction Supply Chain Marketing 537

DW Slater Company

JULY 28, 2022

The temperatures may be hot but our markets are starting to cool. The housing markets have been experiencing extremely high rates of price appreciation as home prices are up in our markets by 17-29% from the same time last year. How can I say the markets are cooling if the prices are still up? Days on Market.

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Real Estate Supply Chain Appraisal Housing Market 78

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Housing Market Marketing Supply Chain Real Estate 395

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. As a result, I think it has actually insulated some aspects of the market. What are you expecting to see next year in terms of supply chain issues?

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Supply Chain Construction Inventory Finance 358

Housing Wire

JUNE 23, 2021

above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. A new home sale occurs when a sales contract is signed or a deposit is accepted. .

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Supply Chain Construction Buyers Development 432

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. The housing market won’t be like this forever.

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Housing Market Marketing Supply Chain Mortgage 515

Will Springer Realtor

JULY 12, 2023

This last item should help reduce concerns from developers about defect liability and prompt more construction of market-rate condos of all sizes and price ranges. Another sale followed 11 days later and six others are under contract preparing to close. fourth-floor home for $1.72M ($1387/sq.

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Supply Chain Construction Law Development 28

Hank Miller Team

DECEMBER 17, 2021

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. Supply chain issues, cost of land and labor, permit and paperwork delays (blame it all on Covid) and more will likely take a year to straighten out. Probably not.

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Buyers Supply Chain Inventory Real Estate 98

Eppraisal

OCTOBER 20, 2023

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Detailed documentation of all project-related communications such as contracts and meeting notes is essential. Lack of Proper Resources Inadequate resources can quickly derail a renovation project.

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Renovations Supply Chain Inspection Modernization 36

The Robert Weiler Company

APRIL 5, 2023

The pandemic created a spike in e-commerce sales and the need for data centers, transforming the industrial real estate market both nationally and locally, in Columbus, Ohio. Industrial real estate investors and developers can’t add new properties to the market fast enough. in Q3 of 2022 and rents increased by 25% year-over-year.

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Landlords Tenants Logistics Real Estate 144

Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Policymakers must focus on fixing the broken supply chain.

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Supply Chain Inventory Buyers Housing Market 520

Housing Wire

JULY 28, 2021

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.

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Supply Chain Training Construction Development 395

Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. All four areas saw contract transactions increase from a year-over-year standpoint.

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Supply Chain Inventory Housing Market Contracts 400

The Robert Weiler Company

NOVEMBER 9, 2022

billion of new commercial real estate construction contracts in 2021. DHL Supply Chain, Vertiv Co., As a full-service commercial real estate and property appraisal firm with 80 years of experience in the community, we have a competitive knowledge of the market and a value you won’t find at any other CRE firm.

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Transportation Real Estate Supply Chain Investing 78

Housing Wire

APRIL 20, 2022

In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I Just how we do contracts now is so much faster. Then also if I am using Command to do something and my assistant gets on to build a marketing campaign, we can’t do things at the same time, it just won’t work.”.

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Real Estate Agent Real Estate Agents Brokerage 375

Housing Wire

APRIL 22, 2022

The mortgage market is facing a crisis today, and it’s being fueled by fast-rising interest rates. The mortgage industry, really the entire economy, is coping with fast-rising inflation further aggravated by jammed-up supply chains, the escalating war in Ukraine, and the related, expanding sanctions that are whipsawing the global economy.

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Lending Mortgage Investors Marketing 371

Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The Fed’s Federal Open Market Committee is slated to meet July 26-27. “A

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Construction Real Estate Inventory Supply Chain 369

Clear Capital

FEBRUARY 25, 2022

The February 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 In that case, we encourage the consideration of the additional year-over-year comparison based upon price-per-square-foot, which may be more in line with market dynamics in this situation. QoQ and 19.5%

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Marketing Supply Chain Real Estate Contracts 68

The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. land market.

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Marketing Real Estate Investing Retail 78

Housing Wire

APRIL 21, 2022

In fact, according to a breakdown of housing numbers by Realtor.com , the about 16% gap between homes started and homes completed is the highest in recent years, due to supply chain issues. The company’s mission is to deliver, “Affordable, mainstream market rate, and disaster relief” housing, a spokesperson said.

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Construction Supply Chain Investors Business 388

Housing Wire

FEBRUARY 22, 2022

Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. single family homes on the market were new builds, according to a report by Redfin. Every day is a roller coaster clause,” Noel said. In December 2021, 34.1% Currently, over 1.7

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Supply Chain Construction Inventory Housing Market 535

Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel.

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

AUGUST 30, 2022

But costs for paint and stains are running as much as 50% higher since January 2021 because of supply-chain shortages. Naturally, figures and specific scenarios from your negotiated contract can vary. These figures would have been even higher when compared with the peak of the pricing market in April of this year.

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Supply Chain Renovations Home Improvement Real Estate 36

Will Springer Realtor

JULY 13, 2023

The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” JULY HOUSING UPDATE The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached.

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 MAY HOUSING UPDATE How’s the market, you ask?

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Real Estate Modernization Construction Supply Chain 36

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. This is far beyond a “seasonal norm” and reflects a market correction following two-plus years of pandemic-driven price appreciation. The market had to slow down at some point.

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Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

NOVEMBER 10, 2023

Horton, Lennar and Toll Brothers: National builders comprise 41% of the new home market; D.R. Our market earned a score of 57.1, Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. CoworkingCafe ranked U.S.

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. homes on the market in Q2, compared with 11.5%

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Law Inventory Real Estate Government 36

Will Springer Realtor

JANUARY 7, 2022

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. The 2021 real estate market was incredibly hot and will be hard to beat,” said Lennox Scott, CEO of John L. 2020 data).

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Construction Real Estate Inventory Buyers 36