Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. Physical depreciation is the most common cause of loss of value. In a word, depreciation.

Market Value 244

Market Value Appraisal Marketing Buyers 244

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. That’s why homeowners sometimes choose to sell and advertise their houses as is. Sell fast If you want to get more equity from your home without putting in a ton of effort, it's possible to just sell it as is.

Renovations 36

Renovations Inspection Sellers Buyers 36

Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

Landlords 461

Landlords Home Value Construction Renovations 461

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. Renovation loan assessments.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Assurance Financial

OCTOBER 27, 2023

You can leverage home equity to access cash for major purchases, alternative debt repayment, retirement plans or home renovations. You can also use it to obtain funds via a second mortgage like a home equity line of credit , or HELOC. When you obtain a HELOC, you are securing it against your home equity value.

Renovations 36

Renovations Mortgage Appraisal Housing Market 36

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.

Real Estate 78

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

Houston Properties

MAY 24, 2021

We created over 150 pages of guides containing best practices, expert tips, market insights, and recent data on what buyers are looking for. Alternatively, you can simply contact the Houston Properties Team and list your home with us today. Memorial Villages Home Seller Resources. Memorial Villages Home Seller Resources.

Realtors 36

Realtors Sellers Valuation Renovations 36

Assurance Financial

MARCH 2, 2021

An adjustable-rate mortgage sometimes seems appealing because its rate changes to reflect the current market rates. If market rates go down, you’ll be able to take advantage of those new, lower rates yourself instead of being locked in at your initial, higher rate. Your Credit Score, Income or Home Value Has Increased.

Investing 69

Investing Mortgage Home Value Marketing 69

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? Census data, there are 195,659 occupied homes in Raleigh, while 12,455 are vacant. Redfin) Condos and co-ops are spending more days on the market in Raleigh.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Chicagoland Appraisal Blog

APRIL 3, 2020

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Updated homes tend to sell faster in Chicago, notes Westhoff. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Houston Properties

MARCH 5, 2021

We created over 150 pages of guides containing best practices, expert tips, market insights, and recent data on what buyers are looking for. Alternatively, you can simply contact the Houston Properties Team and list your home with us today. Houston Heights Home Seller Resources. Houston Heights Home Seller Resources.

Renovations 59

Renovations Realtors Sellers Home Improvement 59

Quicken Loans

APRIL 7, 2021

There are also some unique challenges you and your buyers might be confronting in the market now. The housing market has been red-hot for quite a while now. Sales for both new and existing homes have been on an absolute tear. Housing Market Index. Rocket Companies’ Home Value Index.

Real Estate 43

Real Estate Marketing Real Estate Agent Construction 43

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. A typical real estate appraisal costs around $300 to $500 and is usually paid for by the home buyer upfront. What appraisers do.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. A typical real estate appraisal costs around $300 to $500 and is usually paid for by the home buyer upfront. What appraisers do.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Lamacchia Realty

FEBRUARY 22, 2023

It’ll likely be summer when we finally see home sale numbers get closer to last year’s as the beginning of 2022 exhibited sales numbers too high for 2023 to compete with. Listen to Anthony talk about the current housing market in more detail on Boston25 morning news here ! over this time last year from 6.34

Real Estate 70

Real Estate Sellers Contracts Buyers 70

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. The market may go into a brief lull – as it does during this quarter and into early next year.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 11, 2023

“The share of first-time buyers has dropped to a 41-year low [26%], the racial divide in homeownership has grown to the widest point in a decade and the share of single women entering [the market] has declined.” If finding a home isn’t enough of a challenge, affording one can make the purchase experience doubly “exciting.”

Buyers 36

Buyers Development Construction New Listings 36