2008 Construction Renovations 
Housing Wire
MAY 24, 2024
Founded in 2008 and based in Fort Mill, South Carolina , Movement Mortgage offers a range of products including conventional, jumbo and government-insured loans, as well as a dedicated reverse mortgage division. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.
Housing Wire
MARCH 26, 2024
The inventory shortage — in addition to high financing costs tied to elevated interest rates and related inflation for construction expenses — led to a nearly 30% decline in home flips in 2023, according to real estate data firm Attom. For example, there were 50,000 new homes constructed by builders last year in Dallas-Fort Worth,” he said.
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Cleveland Appraisal Blog
APRIL 29, 2021
Generally speaking, real estate is one of the most secure investments you can make, and bar any situations like the crash in 2008, you are pretty much guaranteed a constant increase in value and desirability. Again, there is not much you can do about construction materials. Materials used. Is there water damage around your windows?
McKissock
AUGUST 14, 2022
In 2008, many people lost their homes when the housing bubble burst. Need for New Construction. Those who can wait for construction may find the idea of building their own home the way they want quite attractive. Construction Workforce Concerns. Unfortunately, there is also a lack of workers in the construction industry.
McKissock
JANUARY 31, 2023
2008 illustrated to the market what happens when too many interested parties get a hand in sales transactions.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. ” “Location, location, location!
McKissock
DECEMBER 4, 2020
Gentrification and renovations are rapidly increasing values. Appraisers need to be up to speed more so than in the crash of 2008 when values fell. ” “It appears that green home features are becoming more common in remodeling and new construction assignments.” Green home appraisal (16%).
Appraisal Today
NOVEMBER 1, 2024
A homeowner may have invested heavily in a kitchen renovation, but it is the appraiser’s responsibility to carefully consider factors such as conformity, local market preferences, and house style and price range when valuing the subject property. The Wall Street Down graphic above is for the 2008 crash. Worth reading.
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