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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

The continued strength in the job market will provide ongoing support to housing demand.”. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? Overall, the U.S. economy gained 390,000 nonfarm payroll jobs in May. Thanks to this increase, the U.S.

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HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. While FHA does finance some chattel loans, it is an extremely small share of the market.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

Consider the proximity to essential amenities like schools, parks, shopping centers, and public transportation. I have found that the school system is the biggest driver of property values in the Birmingham, Alabama market. Condition and Age of the Property The age and condition of a home directly impact its market value.

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Location: The neighborhood, proximity to amenities, schools, transportation, and desirability of the area significantly impact a property’s value. These include: 1.

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The Intersection of Eco-friendly Practices and Efficient Plumbing Systems

Cleveland Appraisal Blog

Before you embark on a complete bathroom renovation, take heart. Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system. However, you’ve got a clogged drain with who knows what kind of sludge and your water bill hasn’t decreased at all.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Renovation loan assessments.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Thinking back to when you first listed your home, you likely cleaned it top to bottom and got it looking as good as new for the marketing materials. This will help ensure a fair market value. Interior Care.

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