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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. By contrast, a homebuilder acquires raw land to build on and sell when home values are high.

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Daren Blomquist’s 2023 housing outlook

Housing Wire

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months.

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3 Types Of Appraisals Realtors Should Be Aware Of

Birmingham Appraisal

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. In the quest to provide faster and cheaper alternatives to banks and mortgage companies, Fannie Mae has developed alternative appraisal products for their customers.

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What’s Your View?

Cleveland Appraisal Blog

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . THE REALTOR’S VIEW.

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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. The property is then listed, typically below market value to generate interest in the listing. of realtor’s sales in 2021, according to data from Realtors Land Institute and NAR.

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Appraising Well in a Fast-Changing Market

Appraisal Buzz

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. In a market that moves as quickly as ours is, often that can be too old. The post Appraising Well in a Fast-Changing Market appeared first on Appraisal Buzz.

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Can a New Construction Sale be Used as a Comp for an Older Home?

Birmingham Appraisal

Then, we put all this information together to come up with our professional opinion of the market value. The three approaches to value that are available for the appraiser to use are the cost approach, sales comparison approach, and income approach to value. What is bracketing and why should Realtors do it?