Appraisal Buzz

NOVEMBER 24, 2021

The post How Appraisers are Handling Market Value appeared first on Appraisal Buzz. Have any comments or would you like to submit content of your own? Become an Appraisal Buzz Forum Premium Member and comment below or email comments@appraisalbuzz.com.

Market Value 370

Market Value Appraisal Marketing 370

George Dell

APRIL 5, 2023

Editor’s Note: This is Part 3 of Bruce Hahn’s series on Is the Definition of Market Value Outdated? In Part One and Part Two we asked why the current definition of market value has been around without change for so long? Part III appeared first on George Dell, SRA, MAI, ASA, CRE.

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Market Value Marketing 195

George Dell

NOVEMBER 22, 2022

Editor’s Note: Is the Definition of Market Value Outdated? Why has the current definition of market value been around without change for so long? The post Is the Definition of Market Value Outdated? is a Guest Post from Bruce Hahn, SRA, MAI, CRE, CCIM. Many decades in fact!

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Appraisal Buzz

JUNE 15, 2021

In today’s Buzzcast, we dive into market value versus sales price and how today’s wild market should be something all appraisers need to be up-to-date on. They delve into a deep discussion regarding the two and how they impact where we are today in the market. How exactly are market value and sales price different?

Market Value 370

Market Value Marketing Appraisal Real Estate 370

George Dell

MARCH 29, 2023

In Part One we asked why the current definition of market value has been around without change for so long? We focused on item 4 in the current definition of market value which says: “payment is made in terms of cash in U. Part II appeared first on George Dell, SRA, MAI, ASA, CRE.

Market Value 195

Market Value Marketing 195

George Dell

MAY 19, 2021

We compared price versus value in Part I. There, the leading paragraph defines “market value” as per USPAP Advisory Opinion 22.) The post Is Market Value Obvious? The Appraisal Foundation opinion goes on for a full page to explain the explanation of the definition, and the importance of […].

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Market Value Marketing Appraisal 195

Appraisal Buzz

JANUARY 19, 2022

In today’s Buzzcast, we dive into market value and how appraisers are moving forward in the new year. We’ll be getting the inside scoop while they discuss market value and this upcoming year in the industry. What are the important issues regarding market value that lie ahead in the year 2022?

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Market Value Marketing Appraisal 195

George Dell

NOVEMBER 10, 2021

Everyone knows what’s a market — (or do they)? Market Value is the ultimate goal of appraisals, of AVMs, of evaluations, of BPOs, hybrids, exceptions, and all forms of opinions (everyone has one). So, market value must be based on “the market”! To measure it, we must first know what it is.

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Market Value Marketing Appraisal 195

Appraisal Buzz

DECEMBER 14, 2021

The post Market Value: Who Says What It Is? Many years ago, an appraiser friend (Ben was his name) asked me to go along on a challenging appraisal assignment to aid in data collection. On the way he needed to drop off an appraisal report to a lender client. He handed the report to his client. appeared first on Appraisal Buzz.

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Market Value Marketing Property Appraisal Clients 195

Eyes on Housing

SEPTEMBER 22, 2022

1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.

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Market Value Real Estate Marketing Mortgage 184

Eyes on Housing

JUNE 11, 2021

1 Financial Accounts of the United States, i.e., the “Flow of Funds”, show that, in the first quarter of 2021, the aggregate market value of all owner-occupied real estate in the United States registered the largest numerical quarterly increase in the last 20 years’ worth of data. The latest results from the Federal Reserve’s Z.1

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Market Value Real Estate Marketing Mortgage 190

Inman

FEBRUARY 22, 2023

In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession.

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Market Value Marketing Real Estate Home Value 148

Eyes on Housing

SEPTEMBER 24, 2021

1 Financial Accounts of the United States, i.e., the “Flow of Funds”, show that in the second quarter of 2021 the aggregate market value of all owner-occupied real estate in the United States registered the largest quarterly increase in the last 21 years of data. The latest Federal Reserve Z.1

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Market Value Real Estate Marketing Mortgage 164

Riverfront Appraisals

APRIL 20, 2023

You go to list […] The post FAQ #16: What Can I Do To Increase My Home’s Market Value? Realtors, you’ll also benefit from this post because I’m sure you get asked that all the time as well! appeared first on Riverfront Appraisals.

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Market Value Inspection Marketing Realtors 114

Riverfront Appraisals

JANUARY 13, 2023

If you’ve been following me for any length of time, you know I’ve talked a lot about market value. Way too many people still think that market value is simply what a buyer is willing to pay for a property. […]. The post FAQ #2: What’s the Difference Between Appraised Value and Market Value?

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Market Value Appraisal Marketing Buyers 78

JMV Lending

AUGUST 11, 2023

Rates shot up because of Fed comments about inflation concerns yesterday and because of a higher-than-expected Producer Price Index print […] The post How Much Power Do Appraisers Have Over Market Values? Holy Rate Volatility, Batman! appeared first on JVM Lending.

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Market Value Appraisal Marketing Lending 78

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Market Value Marketing Real Estate Agent Real Estate 74

McKissock

DECEMBER 14, 2021

The standard residential appraisal report form’s definition of Market Value states in part: “ Implicit in this definition is the consummation of a sale as of a specified date and passing of title from seller to buyer under conditions whereby: buyer and seller are typically motivated…”. .”

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Market Value Marketing Property Appraisal Appraisal 80

Inman

SEPTEMBER 27, 2023

The value of U.S. housing has reached a new peak of slightly under $52 trillion in the past year and is up 49 percent from the start of the pandemic, according to Zillow. Gains were driven in large part by an increase in new construction.

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Market Value Housing Market Construction Marketing 168

Housing Wire

JULY 26, 2024

A controlled transaction can be subject to tighter IRS scrutiny, especially if the property is sold below fair market value. However, an agent can help suggest a fair market value, draw up contracts, review documents, and ensure state-required protocols are followed.

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Market Value Real Estate Agent Real Estate Finance 441

Cleveland Appraisal Blog

JULY 20, 2022

It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. Appraisal gap clauses have become relatively common in recent years due to many homes being sold at prices that market data does not support as being the market value.

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Appraisal Market Value Contracts Buyers 397

Housing Wire

AUGUST 1, 2024

of mortgaged homes were “equity-rich,” defined as having a loan balance of less than half of the estimated market value of those homes. In addition, the number of homes with a mortgage balance of more than 25% of the property’s estimated market value — or “seriously underwater” — fell from 2.7%

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Market Value Home Value Housing Market Buyers 468

Appraisal Buzz

AUGUST 8, 2024

While San Francisco’s aggregate home value is approximately $700 billion, when combined with neighboring Oakland and San Jose, the Bay Area’s total market value nears $2.5 New Jersey leads in value gains New Jersey metros close to New York City saw the largest jumps in property value over the last year.

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Valuation Housing Market Marketing Home Value 417

Mashvisor

DECEMBER 24, 2021

Whether you’re selling or buying an investment property, its appraisal value vs. market value is something you’re bound to wonder about. How appraisal value vs. market value might affect the…

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Market Value Appraisal Marketing Investing 50

Housing Wire

SEPTEMBER 8, 2023

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. Future ARV (after-remodeled value): The projected market value post-renovations.

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Real Estate Agent Tools Real Estate Agents 430

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value. Probably not.

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Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

JANUARY 23, 2024

With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said. . — a provider of property data and valuation technology solutions.

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Valuation Market Value Clients Technology 451

Appraisal Buzz

MAY 10, 2024

By “equity-rich” ATTOM means that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. Home Equity & Underwater Report. The report also shows that the share of properties that are seriously underwater increased slightly from 2.6%

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Market Value Renovations Finance Development 195

Appraisal Buzz

AUGUST 2, 2024

of mortgaged residential properties were considered equity-rich, a term indicating that the combined estimated loan balances secured by those properties were no more than half of their estimated market values. The report reveals that 49.2% This rise marks a notable recovery from the first quarter of 2024, when 45.8%

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Home Value Market Value Housing Market Mortgage 418

Eyes on Housing

SEPTEMBER 12, 2023

1 Financial Accounts of the United States indicates that the market value of households’ real estate assets increased over the quarter. Low existing for-sale inventory helped to increase real estate value after falling for three consecutive quarters. The second quarter of 2023 release of the Z.1 trillion from $42.07

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Real Estate Market Value Inventory Marketing 180

Sacramento Appraisal Blog

JUNE 21, 2021

A couple weeks ago a viral story came out about a fund called BlackRock who was reported to be buying everything in sight and paying 20-50% above market value. Market update on […]. Let’s talk about this as well as other institutional investors right now. This is a longer post, so scroll topics (or digest slowly).

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Investors Housing Market Marketing Market Value 376

Cleveland Appraisal Blog

FEBRUARY 16, 2024

FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.

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Appraisal Market Value Real Estate Clients 405

Valuation Review

FEBRUARY 22, 2023

The dollar value for commercial real estate caps show a rise. smallcap #commercialrealestate #BoxwoodMeans #article

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Market Value Real Estate Marketing 60

Housing Wire

JULY 8, 2024

That has complicated the issues around ownership of the home according to the child of those buyers, who said that interest accumulation on the loan has potentially outpaced its market value.

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Mortgage Design Architecture Market Value 413

Appraisal Buzz

JULY 25, 2024

Redfin defines “luxury homes” as those estimated to be in the top 5% of their respective metro area based on market value, and non-luxury homes as those estimated to be in the 35th-65th percentile based on market value. Non-luxury home prices grew at less than half that pace, rising 3.8%

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New Listings Inventory Market Value Buyers 396

George Dell

AUGUST 9, 2023

How do you measure “close enough” to a market value? We have standards you know! Editor’s Note: This is Standards, part 3.10 of George Dell’s series on How Do I Move to EBV? Links to the earlier posts are here. Valuation is numbers. Some numbers are numbers, like building SqFt.

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Valuation Market Value Marketing Appraisal 195

Housing Wire

AUGUST 13, 2024

Still, they seem particularly egregious when there is a low (or no) monetary offer because “just compensation” historically does not have to reflect the “fair market value.” ” Sadly, for some today (like these homeowners in Mississippi , Georgia , Georgia (again!),

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