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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

It’s an ideal time for sellers to take advantage. Sellers who may have been reluctant to list in the past few years are now considering it. Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains. in contrast to the all-time high of 868 seen in 2006.

Sellers 66
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1st HALF of 2023: Lowest number of homes LISTED in recorded history!

Lamacchia Realty

The rising rates over the past 16 months have decelerated the number of sales as buyer affordability has been greatly diminished and because sellers are hesitating to list. Listing essentially requires sellers to trade in their pandemic-era rates of 2-3% for the current rates hovering in the high 6%-low 7% range.

Sellers 57
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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

To read the full blog post, click here. The summary and Circular are in the blog post. To read more of this long blog post with many topics, click Read More Below!! Appraisal Today blog: [link] (posted by noon Friday) To get notices when newsletters are posted, sign up in the upper right of the blog.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. To read more of this long blog post with many topics, click Read More Below!! Many thanks to George.

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Value of a Pool for Homes?

Appraisal Today

Often, the MLS mentions that the sellers will fill in the pool, but I don’t know if that has ever happened. The sellers originally bought the land for $12 million back in 2010. The national foreclosure activity total in Q2 2023 was 65 percent below the pre-recession average of 278,912 per quarter from Q1 2006 to Q3 2007.

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. Here are a few examples of atypical market conditions: The 2006–2008 market bust, in which U.S. Market conditions.

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Superadequacy Adjustments for Appraisals

Appraisal Today

Example #1: Superadequate custom fireplace Example #2: Superadequate 12-car garage To read more, Click Here My comments: Although the blog post references luxury homes, this can occur anywhere. Licensees have fallen from about 20,000 in 2006-2007 to under 9,000 now. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.