Housing Wire

AUGUST 16, 2023

Phoenix, said Vogel, was already dealing with low housing inventory and increasing affordability issues. While the building ordinance will certainly impact housing inventory, Elise Fay, a local eXp Realty agent, feels that, at least in the short term it won’t have a major impact on home prices.

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Housing Wire

DECEMBER 1, 2020

With the housing market’s potential now at a 13-year high point due to a combination of high demand, low rates, increased buying power and low inventory, the need to streamline and digitize the mortgage process has arguably never been more important. Presented by: Docutech.

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Housing Wire

OCTOBER 26, 2023

Stevens said it was harder in some markets, in part, because there is currently very little housing inventory. Stevens contradicted this by saying that home costs are driven not by commissions but by other factors, including buyer demand and a lack of inventory.

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Housing Wire

APRIL 13, 2022

Since 2016, legal immigration growth has declined by 40%. Increasing the supply of legal immigrant construction workers would accelerate economic growth. While home inventories remain low, the prospects for first-time buyers diminish. Prices continue to rise. Committing non-bank lending institutions.

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Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

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Housing Wire

SEPTEMBER 7, 2023

“The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said. I think listing agents are going to win. Fannie Mae, Freddie Mac and the U.S.

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Housing Wire

DECEMBER 14, 2020

As ADUs become more widely recognized as a solution to the affordable housing shortage in many areas of the country, regulations are being introduced in many localities to legalize and encourage their creation. What are the zoning laws in my locality? Separate metering simplifies billing as well.

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Quicken Loans

MAY 11, 2021

Inventory is tight right now and there’s no better sign of that than existing home sales, which fell quite a bit despite high demand. Present sales were up 1 point at 88. 1 Important Legal Notice: Econoday has attempted to verify the information contained in this calendar. The Big Story. Existing home sales fell 3.7%

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Cleveland Appraisal Blog

APRIL 23, 2021

Decisions are best made when a person is “of sound mind and body” and can have their decisions legally documented. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio.

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Raleigh Realty

FEBRUARY 2, 2022

Assuming a standard purchase agreement is in effect, the seller is usually not legally obligated to fix any of the defects that come back in the home inspection report. So, although a seller is typically not legally required to cover the cost of problems, sellers who refuse to pay for anything run the risk of losing a buyer.

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Appraisal Today

JANUARY 5, 2024

You’ll learn key ways to work on eliminating bias and reduce your legal risk. You’ll also learn why “cultural competency” knowledge and skills are truly important for appraisers – you’ll see how a lack of cultural competency has led appraisers into legal quagmires. Legal topics are very popular with appraisers.

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Will Springer Realtor

APRIL 10, 2024

However, this poses its own risks, as listing agents are legally obligated to prioritize their contractual relationship with the seller. A federal appeals court, in a separate legal case, on April 5 granted the DoJ the right to reopen an investigation into NAR policies even after the government ended the probe in 2020.)

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Housing Wire

FEBRUARY 14, 2022

I did a nine to five job – inventory analysis – in my mid-to-late 20’s,” said Goldberg, presently a Redfin agent in Charlotte. “It Nary an eye was blinked – much less legal action was taken – over these brokerage’s business moves. It was as boring as it sounds like. Redfin was an amazing place to start my real estate career.

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Miller Samuel

MARCH 19, 2019

Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. If you said you are going to impose a special surcharge on apartments that are worth more than $20 million, that would be perfectly legal,” said Peter L.

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Real Estate Law Development Investors 370

The Robert Weiler Company

APRIL 20, 2021

The appraiser must refer to the company’s past net earnings performance and process that figure by capitalizing this number to a present value. If the business does not have a long history, this becomes the preferred valuation method; it relies on projected earnings that are discounted, to obtain a present value of future revenues.

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Valuation Business Buyers Market Value 147

PennyMac

DECEMBER 22, 2020

The lender initiates legal proceedings against the borrower to foreclose on the property. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Foreclosure. 10 Steps to Buying REO Properties.

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Will Springer Realtor

MAY 13, 2024

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. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

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Will Springer Realtor

FEBRUARY 9, 2024

for housing; under the proposal, local governments would ensure the lot meets size requirements and have legal access by landowners while also ensuring availability of utilities and adhering to environmental laws. Total inventory remains low, however, keeping prices higher on an annual basis.

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Development Design Housing Market Real Estate 36

Appraisal Today

DECEMBER 8, 2023

Rather, it is merely to present them for discussion and analysis. The first question to talk about is this: “Does the real estate appraiser have any ethical, moral, or legal responsibility to protect the consumer/mortgagor2, 3, 4 when appraising a property for a mortgagee/client?”… percent the previous week.

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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. In legal filings, Insignia homeowners claim Bosa and its subcontractors are responsible for defects or deficiencies in a range of materials, design and construction.

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Buyers Development Construction New Listings 36

Appraisal Today

SEPTEMBER 2, 2022

If there’s a chance your subject property has an ADU, expect to spend, at a minimum, 25% more time on the appraisal and always make sure to check its zoning and legality before you quote a fee. See what one AMC says about their business, the present and future of appraising, technology, the future, bias and more topics.

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Appraisal Contracts Clients Real Estate 52

Appraisal Today

SEPTEMBER 9, 2022

The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). But ROVs, Tidewater initiatives, upset owners, and those who will play the racist card will be omni-present. Excerpts: 2.

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Houston Properties

JANUARY 13, 2021

So, when we look at all of the data above, here are our main predictions (legal disclaimers below: these are simply our opinions, and we don’t have a crystal ball): Specific neighborhoods with above average income, zoned to good schools that have historically been good stores of wealth will perform very well. What To Do As A Homeowner?

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