George Dell

NOVEMBER 8, 2023

Market value or comparable value? It means we form market value opinions. Specifically, credible market value opinions. It means, therefore, worthy of the market’s belief since the market is […] The post Market Value Or Comparable Value? What does that mean?

Market Value 195

Market Value Marketing 195

George Dell

MARCH 22, 2023

No, wait – value is what I am willing to pay for something. Editor’s Note: This is Part 2 of Market Value or Other Value. I threaten to take a bite […] The post Devalue Market Value? Well, sorta. I have an apple. You want one. Pt 2 appeared first on George Dell, SRA, MAI, ASA, CRE.

Market Value 195

Market Value Marketing Appraisal 195

George Dell

AUGUST 21, 2024

In recent discussions surrounding the accuracy of home appraisals, a critical flaw has emerged in the prevailing narrative: the assumption that the contract price is the correct value of a property. This misconception […] The post Is Contract Price Market Value? appeared first on George Dell, SRA, MAI, ASA, CRE.

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Market Value Contracts Marketing Appraisal 195

Housing Wire

MARCH 12, 2025

California is also prohibiting unsolicited offers below market value. According to Zillow , there are more than 50 active listings, with the average market value in the area at roughly $1.29 Of the seven affected ZIP codes he mentioned, only one is in Altadena.

Realtors 360

Realtors Landlords Agents Market Value 360

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Editor’s Note: Is the Definition of Market Value Outdated?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 The post Is the Definition of Market Value Outdated?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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Market Value Marketing 195

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Editor’s Note: This is Part 3 of Bruce Hahn’s series on Is the Definition of Market Value Outdated?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

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

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

Housing Wire

OCTOBER 24, 2024

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.

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Retail Buyers Renovations Finance 448

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

Housing Wire

APRIL 10, 2025

There, mortgages are directly linked to the bond market, allowing homeowners to prepay their loans at market value effectively buying back their debt with no penalty. Instead of being locked into a loan, Danish homeowners can adapt to changing market conditions keeping the system fluid even when rates shift.

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Design Housing Market Marketing Market Value 286

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 187

Housing Wire

JANUARY 15, 2025

Another new requirement of the law is that, moving forward, anyone offering to purchase property must disclose the differences in price versus value, with the monetary offer requiring a disclaimer stating, this offer may or may not be the fair market value of the property.

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Law Real Property Insurance Training 397

Appraisal Buzz

JANUARY 31, 2025

were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. The last few months of 2024 marked pretty much a holding pattern for the housing market. That level was down slightly from 48.3%

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Market Value Housing Market Mortgage Home Value 334

Housing Wire

APRIL 18, 2025

The average effective tax rate defined as the average tax as a percentage of the property’s estimated market value dipped slightly to 0.86% in 2024. This reflects a rebound in property values after a rare decline during the previous year. That increase was smaller than the 4.1% hike seen the year before.

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Property Taxes Home Value Market Value Government 339

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 402

Appraisal Buzz

OCTOBER 25, 2024

of mortgaged residential properties in the US were deemed equity-rich in Q3, which means that the total estimated amount of loan balances secured by those properties was no more than half of their estimated market values. Home Equity & Underwater Report released by ATTOM , some 48.3% From a recent peak of 49.2% Compared to the 2.4%

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Market Value Housing Market Mortgage Marketing 394

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.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

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.

Real Estate Agent 448

Real Estate Agent Tools Real Estate Agents 448

Housing Wire

JANUARY 29, 2025

. “Many homeowners in Florida, Nevada, Ohio, Pennsylvania, and South Carolina are equity-rich, meaning they have outstanding loan balances amounting to less than half their property’s market value,” Gifford added.

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Investing Market Value Contracts Brokerage 329

Housing Wire

FEBRUARY 20, 2025

were considered “equity rich” in Q4 2024, meaning that the underlying mortgage debt did not exceed 50% of the home’s market value. .” Recent data from ATTOM revealed that 47.7% of mortgaged residential properties in the U.S. While that measure was down slightly from 48.3% in Q3 2024, it was still up from 46.1%

Business 332

Business Renovations Investors Market Value 332

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 476

Appraisal Buzz

APRIL 9, 2025

Now, you still have appreciating market value and an increasing rate environment. People arent getting the raises the way that home prices are appreciating in the Northeast, said Fernando Ospina, a mortgage originator in New Jersey and Las Vegas. It just makes it less affordable. North Carolina: 30.0K Georgia: 27.7K Washington: 22.9K

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Modernization Market Value Construction Business 349

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 Real Estate Agent Agents 354

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 482

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Market Value Appraisal Buyers Contracts 418

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 468

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 179

Housing Wire

MARCH 23, 2021

would give the brokerage a “fully diluted market value of $12.5 Reuters and other outlets Tuesday morning pegged Compass’s hoped-for market value at $10 billion. billion market value. It is not clear when exactly Compass plans to go public. A successful sale of stock at $24.50 at the end of Monday.

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Valuation Marketing Brokerage Market Value 443

Appraisal Buzz

APRIL 3, 2025

The integration will also improve BPO accuracy: By more accurately matching comparables of similar condition and quality, AssetVal improves alignment with true market value. The integration of Restb.ai The integration will also help reduce valuation drift.

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Modernization Valuation Market Value Real Estate 195

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

Appraisal Buzz

AUGUST 16, 2021

Fannie Mae defines market value in part as “the most probable price that a property should bring…” Thus, probability is the very foundation of the most common definition of market value. In other words, why are appraiser estimating market value below the contract price so often?

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

SEPTEMBER 17, 2020

LoanDepot, backed by Parthenon Capital Partners, announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” ” At the time, loanDepot had sought a market value of $2.4 billion to $2.6

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Market Value Lending Mortgage Marketing 535

Appraisal Buzz

JULY 18, 2022

In Lancaster City, for example, we must be weary that any sale going under agreement in less than 2 weeks in the current market is reflective of “market value.” The post Market Correction or Seller Panic? These concepts are what appraisers refer to as the relationship between “exposure time” and “conditions of sale.”

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Sellers Marketing Market Value Home Value 435

Housing Wire

APRIL 1, 2021

Compass’s hoped-for market value is $7.2 Wedlake hypothesizes that Compass will enjoy a greater market value than Realogy , arguably its most apples-to-apples competitor, which has a market cap of $1.8 Presented by: Proctor Loan Protector. billion.

Brokerage 431

Brokerage Market Value Real Estate Agents 431

Appraisal Buzz

APRIL 4, 2024

The report analyzed property tax data collected from county tax assessor offices nationwide at the state, metro and county levels along with estimated market values of single-family homes calculated using an automated valuation model (AVM).

Property Taxes 368

Property Taxes Government Market Value Valuation 368

Appraisal Buzz

FEBRUARY 24, 2025

At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property. This requires a deep understanding of the appraiser’s local real estate market, as well as of the physical, legal, and economic factors that influence property values in it.

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Real Estate Development Appraisal Legal 335