Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. As developers deliver units, they will be motivated to fill up their buildings, even if it means cutting rents in order to do so.

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Investors Marketing Real Estate Renovations 195

Housing Wire

JULY 6, 2023

This, in part, is causing the tight inventory we’re seeing in the housing market today, as two out of every three houses have mortgages with interest rates below 4% and aren’t motivated to sell their house unless a significant circumstance warrants it.”

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Inventory Renovations Real Estate Government 451

Housing Wire

JANUARY 20, 2021

Every year since 2007, the rate of household formations outstripped the number of housing completions, despite relative strength in both the overall housing market and U.S. The existing system creates unnecessary market frictions that significantly increase transaction costs, yet benefit no one. consumer spending.

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Renovations Law Development Real Estate 405

Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Who decides what our neighborhoods look like? And who profits from these projects?

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Real Estate Law Development Business 331

Housing Wire

JUNE 30, 2021

In today’s hot housing market where homes are selling quickly, brokers are busier than ever. The first resource is its newly renovated Broker Portal that brings the power of its proprietary H2O origination system together with an elegant interface to highlight next steps, critical tasks and key contacts.

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Lending Renovations Design Tools 382

Housing Wire

FEBRUARY 8, 2022

Sue McCormick is doing her part to help solve the nation’s increasingly complex affordable housing puzzle. In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Local Community Developers. Affordably Priced Homes.

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Renovations Buyers Development Design 348

Housing Wire

APRIL 22, 2021

Robbin Sutton with DASH Realty Carolina has been a broker for 20 years, and she’s never seen anything like the current housing market in the Raleigh-Durham metro. ” Hennessey said his company pivoted to doing mostly renovations in the past few months, declining new builds in order to save money.

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Buyers Inventory Renovations Realty 423

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. What’s the difference between a newly constructed home and a hundred-year-old home?

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Appraisal Development Market Value Tenants 279

Cleveland Appraisal Blog

JUNE 18, 2022

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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Appraisal Law Development Valuation 309

Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5 trillion gap in housing market investment from 2000 to 2020.

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Housing Market Marketing Construction Development 535

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. This fish phenomenon reminds me of the housing market today. I also developed the replacement value, and I had comparable land sales from the neighborhood.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. When developing your website, try to put yourself in the public’s shoes. Are You Pricing Your Home Too High For Today’s Market? So what can we do?

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

MARCH 7, 2024

The White House announced that President Joe Biden will call on lawmakers in the House of Representatives and the Senate to address a series of housing issues in his State of the Union address, which will be delivered to a joint session of Congress and televised nationally on Thursday night. The NHC lauded the development.

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Construction Renovations Insurance Landlords 530

Cleveland Appraisal Blog

AUGUST 13, 2023

Before you embark on a complete bathroom renovation, take heart. Tips Toward Plumbing Efficiency Follow the tips below, and you’ll develop a routine that will make anyone going green also green with envy. However, so far you haven’t saved any money. – APPRAISAL TODAY How Close is Close Enough?

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Appraisal Inspection Transportation Renovations 254

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? We’ll evaluate what’s happening here and what trends may appear.

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Inventory Construction Real Estate Renovations 68

Cleveland Appraisal Blog

JUNE 25, 2021

Even if they are completely renovated, they are still not considered to be new. The land value and the “as-is” value of the site improvements are deducted from the market value, which gives us the depreciated cost of the improvements. It is a major aspect of our developing our opinion of the market value of a property.

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Market Value Appraisal Marketing Buyers 244

Housing Wire

MAY 8, 2023

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

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Inventory Renovations Supply Chain Buyers 379

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Renovation loan assessments. Current real estate market conditions. Future potential for development of the home. Mortgage financing and refinancing.

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Appraisal Inspection Property Taxes Easement 105

McKissock

APRIL 9, 2021

“The housing market has been booming and the demand for appraisals had been at an all-time high.” There has been an increase in remodeling and renovating since being quarantined.” ” “Residential market is booming.” Want to participate? Residential appraisals (65%). Learn more.

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Appraisal Real Estate Renovations Inspection 96

Lamacchia Realty

JANUARY 6, 2022

Vice President of Business Development. POPULAR FEATURES HOMEBUYERS LOOK FOR Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home. 2021 Recap 2021 is going down in history as a historical year for the housing market across America. Jackie Louh. Read More ».

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Realty Realtors Training Brokerage 77

Appraisal Today

APRIL 5, 2024

Significant developments have occurred in the case. The second development in the case is that on March 22, 2024, the attorneys for Drs. February 2024 marked a dynamic period in the housing market, presenting opportunities and challenges for real estate appraisers. “The One is: Settlement with loanDepot.com.

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Appraisal Contracts Business Construction 77

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. The capital ratio of the Federal Housing Administration ’s MMI fund reached 8.03% at the end of September, an increase of 1.93

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Mortgage Insurance Renovations Tools 386

Patch of Land

SEPTEMBER 14, 2018

Most of us likely think of fix-and-flips as investment deals that require renovation know-how or at least the ability to hire skilled contractors with that knowledge. The truth is that today’s fix-and-flip residential housing market is far broader than that.

Renovations 28

Renovations Real Estate Investors Investing 28

Listing Spark

AUGUST 11, 2022

Can they provide insight into today’s housing market. The only way to structure it in this changing market is with a partner.”. 14:22 – What you can do as an investor or builder in the 2022 housing market to be set up for success. The housing market in 2022 is more volatile. Episode highlights.

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Real Estate Investors Lending Investing 36

Appraisal Buzz

APRIL 8, 2024

For instance, if a property’s appraisal history, including renovations, damages, and previous sales, is stored on a blockchain, future appraisers can access this immutable record to make more informed decisions. Art & Collectibles: The art world is notorious for its opacity.

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Technology Appraisal Valuation Supply Chain 418

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

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.

Real Estate 60

Real Estate Appraisal Home Value Real Estate Agent 60

Appraisal Today

NOVEMBER 3, 2023

The property has 8,282 sq ft +/- of living space, with an additional 1,114 sq ft +/- in a guest house or ADU. Definitive numbers are difficult to come by since the Department of Housing and Urban Development (HUD) has failed to respond to public record requests on this question.

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Appraisal Contracts Architecture Mortgage 76

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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Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

MARCH 14, 2022

Most owners will contract work out for major renovation projects while doing DIY work on replacing flooring, painting or improving outdoor space, the survey from LendingHome showed. Amid limited housing supply and rising prices, buyers will need to anticipate touring homes that will need some TLC as housing stock ages.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Appraisal Today

JANUARY 4, 2023

The BPS places new homes built in one of four development categories. In addition to “teardown” and “infill,” the categories include “new residential development” and ”not in a residential development.” Homes built in a new residential development are by far the most common type. Another 18.5 My comments: Worth reading.

Appraisal 52

Appraisal Contracts Business Development 52

The Robert Weiler Company

SEPTEMBER 7, 2022

cities and ranked them across 12 metrics in four categories: job opportunity, home affordability, livability, and housing market forecast. Dubbed as “the Silicon Valley of The Midwest,” startups are flocking to Columbus to develop their businesses. Clever’s researchers evaluated the 100 most populated U.S.

Investing 78

Investing Business Real Estate Buyers 78

Assurance Financial

MARCH 18, 2021

No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. At Assurance Financial, we have developed this guide to refinance tax implications to help you determine whether a mortgage refinance may be the right option for you.

Property Taxes 85

Property Taxes Renovations Home Improvement Mortgage 85

Patch of Land

SEPTEMBER 12, 2018

Patch of Land's CMO, Robert Greenberg, is a member of the Forbes Real Estate Council and recently shared his thoughts on new development opportunities for Fix and Flip investors. With a tightening housing supply, and increased demand, what are investors to do? So, what’s an investor to do?

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Investors Renovations Real Estate Construction 35

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. To be clear, we are not heading toward a housing market crash – not even close.

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Real Estate Buyers Construction Sellers 36

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. Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. counties are in our region.

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Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36