Remove 2005 Remove Contracts Remove Modernization
article thumbnail

Builders apply the brakes amid canceled contracts

Housing Wire

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

Contracts 545
article thumbnail

Appraisers and Property Data Collectors

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Ways to Incorporate Technology Into Your Student Housing

GoForrmz

This can be as simple as implementing digital signature forms for student housing contracts, or as complex as building tech-centric study lounges for students. A Focus on Sustainability Modern college students have been found to put greater importance on the sustainability practices of their universities. . “

article thumbnail

Appliances for FHA appraisals

Appraisal Today

I am so glad I quit doing residential lender appraisals in 2005! = Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57

article thumbnail

Are Appraisers Professionals?

Appraisal Today

I quit residential lender appraising in 2005. Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.63

article thumbnail

Tips on appraising new construction homes

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. Lenders See Considerable Value in Appraisal Modernization. Trying to use the 2005 URAR form is sometimes like trying to put a square peg in a round hole!

article thumbnail

Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. USPAP and the Contract. Therefore, they say, keep the contract!