Housing Wire

JANUARY 17, 2024

They are able to maximize their cash investment on a new home and more comfortably afford an upscale home or a property in a more desirable location — whether it be closer to family or in a luxury housing development with additional amenities. In fact, a veritable upheaval is headed for the housing market already.

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Finance Real Estate Agent Real Estate Insurance 418

Appraisal Buzz

MAY 6, 2024

And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. ICON, an Austin based firm, has developed a 3D printed wall system. These homes can endure many of the climate risks very well and could transform affordable housing as we know it.

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Cleveland Appraisal Blog

MAY 26, 2023

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. The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. That’s right!

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Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

JUNE 29, 2021

The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. With a nearly $75,000 gap, it becomes evident that homes in Otay Ranch at higher risk also have lower property values. The post Are higher-risk homes cheaper?

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Home Value Development Valuation Insurance 217

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. This indicates that we cannot reject the role historic discrimination has played in the evaluation of home values.”.

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Appraisal Valuation Inspection Law 292

Housing Wire

MARCH 23, 2022

David Peskin: As we all know, the housing market is booming right now. The truth is that many savvy homeowners have used a reverse mortgage strategically, and many owners of high-value homes elect to use a reverse mortgage to fund their retirement.

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Mortgage Clients Business Training 351

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . Empty sails in single-family. We’re really thinking about rental yields. . “We’re

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Marketing Investing Investors Landlords 399

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. So, while the rate of home-price gains is trending downward, home values are still appreciating overall.

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Marketing Government Mortgage Sellers 404

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Law Real Estate Property Taxes Marketing 415

Cleveland Appraisal Blog

OCTOBER 29, 2021

Ideally, they should be comparable in terms of age condition, quality of construction, market appeal, and we must also ensure that these properties have no functional or external obsolescence because these things can impact the rate of depreciation of a property. Say a comparable home just sold for $500,000.

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Appraisal Development Finance Lending 365

Appraisal Buzz

JULY 5, 2021

If there’s anything the whole industry can take away from the past year, it’s that hands-on practice and being in someone’s home to appraise it isn’t just easier — it’s more effective. The housing market is on fire right now with so many people moving out of larger cities and looking to buy a property of their own.

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Appraisal Real Estate Construction Appraisal Process 370

Cleveland Appraisal Blog

OCTOBER 14, 2021

There are so many possible variables that can affect the housing market. In the meantime, whether we’re in a housing bubble or not, appraisers must reflect on what is happening in our respective markets. But it’s not a balanced market right now. Housing Bubble-Icious. And the saga continues.

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Inventory Market Value Appraisal Contracts 243

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. 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.

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Marketing Real Estate Investing Retail 78

Cleveland Appraisal Blog

JUNE 25, 2021

During the Great Recession, home prices were falling rapidly due to an over-supply of inventory, which was out of the control of individual homeowners. Obsolescence can cause a loss in home value. Next, the appraiser will develop the replacement cost of the improvements, using different data sources.

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Market Value Appraisal Marketing Buyers 244

Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet.

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Real Estate Sellers New Listings Inventory 69

D Fritz Appraisals

DECEMBER 16, 2022

an increase in property value doesn’t always mean an increase in taxes), if you’ve seen a larger-than-average increase (based on the average change in home values within your community), your bill could be affected. Therefore, any potential development due to zoning changes would not be valued. .

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Property Taxes Valuation Appraisal Real Estate 110

Birmingham Appraisal

MARCH 21, 2023

If interest rates are high, it can lead to lower property values as it makes mortgage payments higher and prices many buyers out of the market, therefore, there is not as much competition. Impact on Economic Conditions Economic conditions can also have a significant impact on property values.

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Real Estate Appraisal Marketing Market Value 86

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Current real estate market conditions.

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Appraisal Inspection Property Taxes Easement 105

Appraisal Today

MARCH 22, 2024

For those who don’t know, I’ve been involved in appraisal form development, from scratch. It can impact home values, insurance costs, and the overall stability of a housing market.” “The To find out what it says about a home’s risk (free), Click Here My comments: Is there any effect on home values?

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Appraisal Contracts Business Insurance 66

Will Springer Realtor

AUGUST 11, 2023

The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals. This follows a decade of producing rentals over traditional for-sale homes in the city by a 3:1 ratio. Bellevue has an average hourly wage for developers of $74.85. counties are in our region.

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Buyers Development Construction New Listings 36

McKissock

JANUARY 18, 2021

Showcase the houses you recently sold and what you have on the market, the rise and fall of local home values, and the ways the housing market is recovering and how an experienced real estate agent makes a difference.” The example below shows the different groups available for people moving to Los Angeles.

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Real Estate Real Estate Agent Clients Agents 79

Chicagoland Appraisal Blog

JANUARY 21, 2020

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market.

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Real Estate Appraisal Home Value Real Estate Agent 78

Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. this may feel like a buyer’s market due to the sharp increase in such a short period of time.

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Real Estate Marketing Inventory Sellers 36

PennyMac

JANUARY 3, 2024

Best Practices on How to Sell Your House Whether you sell or buy first, you’ll need to get your current home market-ready. Here are some best practices and tips for home-selling success. Research the housing market. The housing market plays a significant role in the home-selling process.

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Appraisal Partners Blog

FEBRUARY 4, 2020

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market.

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Real Estate Appraisal Home Value Real Estate Agent 60

Zillow

JULY 15, 2019

Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.

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Real Estate Agent Insurance Inspection Buyers 56

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. What Is a Buyer’s Market?

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Marketing Sellers Buyers Real Estate 36

Appraisal Today

JUNE 23, 2023

Fannie has been upfront about its interest in developing appraisal “alternatives.” A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. Worth reading.

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Appraisal Real Estate Valuation Contracts 86

Quicken Loans

JULY 5, 2021

Using detailed rating and points systems, LEED certification gauges sustainable building design for new construction, commercial interiors, existing buildings, single-family homes and more. By 1998, this group developed a points scale recognized by the U.S. Green Building Council (USGBC) for energy efficient homes.

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Design Real Estate Agent Construction Buyers 57

Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. Once the site was chosen, Bercy and Chen developed a plan to break the 3,000-square-foot house into three main volumes.

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Appraisal Business Contracts Real Estate 71

Appraisal Today

MAY 19, 2023

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. housing market back into a deep freeze Excerpts: A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon. The answer is, Yes!

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Appraisal Business Contracts Real Estate 52

Chicagoland Appraisal Blog

JULY 13, 2017

You see realtors have information the paints the picture of current market conditions. If the realtor is not there we can’t ask questions like how was the listing price developed? The majority of the time they do not attend, why is that? Did the seller set the listing price?

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Appraisal Marketing Realtors Real Estate 78

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. Building developers are optimistic they can overcome many of the challenges. The National Association of Home Builders’ (NAHB) monthly sentiment index rose three points in November, to 83 on a scale of 1-100. year-on-year (YoY), according to U.S.

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Sellers Marketing Supply Chain Construction 36

Appraisal Today

JUNE 17, 2022

It did not even though many lots nearby were developed. It was shared by four nearby homes. Did anyone think in early 2020 that home values all over the country would go off the charts? Housing Market Is at the Beginning Stages of the Most Significant Contraction in Activity Since 2006’. No one did.

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Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25. That’s 40% more homes than we have today. >> Everett claimed the No.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. They wonder if they missed their opportunity to buy before interest rates rise along with home values.

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Real Estate Buyers Inventory Housing Market 36

PennyMac

JUNE 28, 2022

If you’re buying a condominium or a property in a planned development, you will be required to join the homeowner association (HOA). Often, the seller will pay this fee, but it can depend on how competitive the housing market is or what the specific HOA contract dictates. Lead-Based Paint Inspection.

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Insurance Property Taxes Sellers Inspection 36