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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

Last week, a real estate agent asked me about how appraisers adjust for age. We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising. – Real Estate Decoded.

Appraisal 223
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With little competition, homebuilders are feeling better

Housing Wire

And a follow-on effect of the pressure on regional banks, as well as continued Federal Reserve tightening, will be further constraints for acquisition, development and construction (AD&C) loans for builders across the nation.

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Builders continue to get a boost from low inventory

Housing Wire

In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.

Inventory 377