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. baths An architectural masterpiece designed by World renowned architect Harry Gesner and a wonderful fusion of modern architectural style with Gothic castle.

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Appraisal Today

AUGUST 4, 2023

Once the site was chosen, Bercy and Chen developed a plan to break the 3,000-square-foot house into three main volumes. Inside the house, nearly all the furniture was custom-made To read more and see lots of photos click here My comments: I want this house!!

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Clear Capital

MAY 24, 2022

And we’ve learned a lot over the last decade as we’ve researched and developed more accurate AVM tools. It’s important to know if your AVM will perform in an uncertain housing market and here are some tips for choosing the right AVM for property valuations. The housing needs are changing.” .

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Appraisal Today

AUGUST 18, 2023

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. Just over 8% of U.S.

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Appraisal Today

JULY 1, 2023

These resources supplement the initial documentation that was released in March 2023 to kick off industry development and preparation for the new appraisal dataset and report. 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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Housing Wire

JUNE 23, 2023

Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs , which will report to Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon.

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Housing Wire

JULY 16, 2021

Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years.

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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. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover. The answer is, Yes!

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Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. HousingWire: What are the current challenges when it comes to affordable housing? A key way to make housing affordable is to loosen stringent local zoning regulations.

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Appraisal Today

JUNE 17, 2022

It did not even though many lots nearby were developed. Watch the excellent 4-minute video with Mark Zandi , “There’s a comeuppance coming in the housing market” It discusses how today is different from 2008 and what is happening today. Real estate market? ==. Nearby, I noticed a large water tank.

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Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. 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. Not really sure.”.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. months’ inventory for all homes on the market and in the single-family category.

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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. The future will mean housing is abundant, affordable, beautiful, diverse, and exciting,” Ballard said. They’re stressed on so many fronts right now.”.

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Will Springer Realtor

MARCH 10, 2023

MARCH HOUSING UPDATE The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.”

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Houston Properties

JULY 18, 2022

One of Houston’s older neighborhoods, River Oaks was developed by brothers Mike and Will Hogg, along with their business partner Hugh Potter. She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. Older properties have been renovated and updated.

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Cleveland Appraisal Blog

FEBRUARY 17, 2021

They did provide me with interior photos and asked me to develop my opinion of value based upon the condition of the property, as reflected in the photos they provided me. The Housing Market’s Slippery Slope – Housing Notes by Jonathan Miller. What Is A Competitive Market Area? – APPRAISAL TODAY.

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Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. 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.

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. With so few available places to live, the competition for those homes is making housing much less affordable for many. homes shy of what’s needed today.

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Appraisal Today

SEPTEMBER 8, 2023

The community is part of a wider development in Georgetown, Texas called Wolf Ranch. an ever-evolving economic environment, key aspects such as inflation, employment, and the housing market are undergoing significant changes in August 2023. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+

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Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. 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.

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Will Springer Realtor

APRIL 11, 2022

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. APRIL HOUSING UPDATE.

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Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. “Family friendliness” remains a prime focus for developers of master-planned communities, but a new survey indicates health & wellness amenities are becoming increasingly important. Not “ Will the housing market crash?”

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The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. Regardless of which sectors you consider your commercial real estate investment, it’s crucial to take stock of the housing market at large, as the macro trends will help dictate your ability to afford and gauge the mood of potential tenants.

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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. The Seattle luxury condo market is taking it on the chin, with prices in downtown/Belltown down 19% for the month and 24% YoY ($515K) on 7.7 months of inventory.

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Will Springer Realtor

MAY 9, 2022

It has also set its sights on rezoning portions of the city to increase housing density. While these are promising developments, there will always be the affordability question. Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Are we in a housing bubble?

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Empire Appraisal Group

FEBRUARY 22, 2024

Our team analyzed metrics that impact the overall quality of living, such as the local housing market, demographic makeup, entrepreneurial opportunities, quality of education, safety and options for spending free time. Thanks to a blend of history and modernity, St. building permits per 1,000 residents.

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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. AUGUST HOUSING UPDATE. Inventory levels are mounting in King, now at 1.9

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Will Springer Realtor

APRIL 8, 2021

housing markets. The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. The screws are tightening on an already tight housing market. STATE CAPITAL UPDATE. in February.

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Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Will Springer Realtor

JUNE 9, 2021

Fast forward to today and markets here and across our nation are going through serious inflationary pressures. Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million for sale today. in April).

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Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! =

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Will Springer Realtor

JUNE 11, 2024

Developing interest from real estate movers and shakers for a high-risk facelift will be a great challenge amid rising financing and construction costs. The business group describes our area’s varied development mix, which also includes stadiums, music venues and restaurants, as akin to having a “diverse stock portfolio.”

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Appraisal Today

SEPTEMBER 9, 2022

But here’s the reality: Even in today’s fraught, price-squeezed housing market, you don’t actually need to be rich or famous to afford a sprawling home. Excerpts: What does the appraiser do with the three different values that may be developed? You just need to know where to look. What Is a Reconciled Value? By Jamie Owen.

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Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city. . >>

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Will Springer Realtor

NOVEMBER 10, 2023

These private, rule-setting associations – of which there are more than 350,000 in the nation – are growing in number but they should also be a waving caution flag to Fair Housing watchdogs. BENEFITS OF BUYING NEW Are you thinking of buying a home but can’t afford the high-interest payments? New home builders have an answer. Sunnyvale, Calif.

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Will Springer Realtor

JULY 9, 2021

Others are in pursuit of a tight-knit community that has a market, pharmacy, restaurants, coffee shop – and an amusement ride like our Great Wheel (just kidding!) – within a short drive, transit ride or easy walk. Where would you like to see this type of neighborhood development? Send me a message. ——-.

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Will Springer Realtor

MARCH 11, 2024

By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. 1 with a combined 75,274 units newly completed or being developed. ELECTION YEAR EFFECT?

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