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

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Just how we do contracts now is so much faster. Real estate agents are busier than ever.

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Real Estate Agent Real Estate Agents Brokerage 389

Hank Miller Team

OCTOBER 6, 2022

Stop the insentient blathering about impending real estate Armageddon, the data is not there. We examine list price, contract price and sold price. Let’s find the Atlanta real estate crash the media is howling about. for contracted homes -3.4 for contracted homes +13.3 for contracted homes +13.3

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Supply Chain Contracts Housing Market Inventory 52

DW Slater Company

JULY 28, 2022

Real estate doesn’t move or change as rapidly as other markets, such as the stock market. The prices that we are seeing for June are really reflective of what was happening when those sales went under contract about 30 days earlier. This data is from the Texas Real Estate Center. We are not seeing a crash.

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Real Estate Supply Chain Appraisal Housing Market 78

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. Consider subleasing.

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Landlords Tenants Logistics Real Estate 144

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. A few caveats; everything real estate is hyper local. Real estate has pretty predictable cycles, we all know them. And with that…. A Return to Normal?

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Buyers Supply Chain Inventory Real Estate 98

The Robert Weiler Company

NOVEMBER 9, 2022

As a full-service commercial real estate and appraisal firm with 85 years of experience, we’re here to help you achieve your goals. Also, see why Columbus is a hot spot for commercial real estate investors. 14 Reasons to Invest in Commercial Real Estate in Columbus, Ohio. DHL Supply Chain, Vertiv Co.,

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Transportation Real Estate Supply Chain Investing 78

Housing Wire

OCTOBER 4, 2023

A once-in-a-century pandemic, global inflation, supply chain shocks – 2020 truly was a pivotal year. Census Bureau shows how the business landscapes changed for homebuilders , lessors, agents , brokerages and other real estate professionals in the first full year after the pandemic began.

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Landlords Agents Brokerage Supply Chain 374

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

Housing Wire

JUNE 23, 2021

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. . “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

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Supply Chain Construction Buyers Development 442

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. BH: I think a lot of builders would love the opportunity to catch up on some of their projects, but for many, supply chain issues have been preventing this.

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Supply Chain Construction Inventory Finance 367

Housing Wire

JULY 25, 2022

Boston — First District [Boston] contacts reported that higher mortgage rates had led to somewhat cooler demand for residential real estate, resulting in increased inventories in recent months. Philadelphia — On balance, contacts reported that sales traffic and contract signings for new homes fell modestly, more so for high-end houses.

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Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

JULY 28, 2021

Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. The June number follows downward revisions to the May estimate and marks the lowest rate since April 2020. on a year-to-date basis.

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Supply Chain Training Construction Development 397

Housing Wire

OCTOBER 18, 2021

As housing inventory remains low and buyers are continuing to face strong competition with one-third of homes going under contract within a week , many are becoming discouraged and have started looking for alternative options. Policymakers must focus on fixing the broken supply chain. Treasuries and mortgage-backed debt.

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Supply Chain Inventory Buyers Housing Market 527

Housing Wire

FEBRUARY 25, 2021

But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. All four areas saw contract transactions increase from a year-over-year standpoint. January was illustrative.

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Supply Chain Inventory Housing Market Contracts 402

Housing Wire

SEPTEMBER 14, 2022

Boston — Higher interest rates cooled home-buying demand, leading to fewer closed sales in the First District’s residential real estate markets. Philadelphia — Homebuilders reported that contract signings for new homes continued to fall modestly. Richmond — Residential real estate market activity declined moderately this period.

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Construction Real Estate Inventory Supply Chain 370

Housing Wire

DECEMBER 5, 2022

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. Supply chain shortages, many of which remain still today, meant that everything from new cars to basic random length lumber costs skyrocketed.

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Housing Market Marketing Supply Chain Mortgage 517

Housing Wire

APRIL 22, 2022

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. percentage points since the beginning of the year and still rising.

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Lending Mortgage Investors Marketing 381

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. A professor at the Center for Real Estate Theory and Practice, Stapp provided an itemized form of the costs to build a new home.

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Construction Supply Chain Investors Business 394

The Robert Weiler Company

SEPTEMBER 7, 2022

As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales. Let’s dive into what real estate agents can expect from the Buckeye State as we continue in 2022.

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Marketing Real Estate Investing Retail 78

Clear Capital

FEBRUARY 25, 2022

North Carolina did will, with Raleigh real estate rising 33% and Charlotte rising 27%. These are derivative contracts which trade on the Chicago Mercantile Exchange and the exchange can back out the market’s implied probabilities for where rates will be after a particular FOMC meeting. and 2% by the end of the year.

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Marketing Supply Chain Real Estate Contracts 68

Will Springer Realtor

AUGUST 30, 2022

Research from early 2022 showed that appliance deliveries are taking 16 weeks or more, according to a majority of home remodelers surveyed by John Burns Real Estate Consulting. But costs for paint and stains are running as much as 50% higher since January 2021 because of supply-chain shortages.

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Supply Chain Renovations Home Improvement Real Estate 36

Will Springer Realtor

JULY 13, 2023

“Workers are in the driver’s seat now because they are in such short supply,” said Rossell, speaking to an international group of real estate professionals. Rossell also expects “significant” losses to occur for commercial real estate holders and that the issue of low office vacancies could drag on for decades.

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Construction Supply Chain Real Estate Development 36

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. The supply side of the equation has been extremely challenging, with no clear signs as to when things will get better,” Marshall said during the earnings call. Currently, over 1.7

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Supply Chain Construction Inventory Housing Market 536

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. The National Association of Hispanic Real Estate Professionals issued its annual report in March. >> Seattle is ranked No.

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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. There is definitely a belief that home prices will go down,” noted Ali Wolf, chief economist for real estate consultancy Zonda. since October to $817.5K. LUXURY LIVING.

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Inventory Construction Supply Chain Buyers 36

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

NOVEMBER 12, 2021

One of the many reasons this issue is difficult to fix: A full 70% of residential land in Seattle is zoned exclusively for single-family homes, according to local real estate economist Mathew Gardner, who said that figure “made sense in 1937, when zoning was founded. As of Nov. It makes no sense now.”. Yep, me too!

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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.

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Construction Real Estate Inventory Buyers 36