Appraisal Today

JUNE 17, 2022

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. ==. The way that we did that was through cantilevers and using structural engineers and steel to help us to construct the home that we absolutely wanted.”.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true. percent from 6.57

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

JUNE 10, 2022

Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. The hangar was built in 2009, and the home was completed in 2014. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.40 2,821 sq.ft.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

JULY 1, 2022

Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? Excerpts: Built in 2009, the home is has 8 bedrooms, 6.5 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 5.84 Why Appraisers Don’t Depreciate Land.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Patch of Land

OCTOBER 24, 2017

Miami always has a strong new construction environment and resale market. The median number of days from listing to contract were 41 days for single family houses, a 12.8% last year and a peak of 70% in 2009, according to the Miami edition of the World Property Journal. in sales of existing luxury condominium sales and a 9.6%

Real Estate 28

Real Estate Renovations Investing Investors 28

Will Springer Realtor

JULY 11, 2023

The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. While the largest chunk of real estate activity – resales – is moving more slowly, new construction is taking over a larger percentage of the action.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Appraisal Today

JANUARY 3, 2025

Built in 2009 The otherworldly dwelling, which is designed to withstand a Category 5 hurricane, landed on Floridas Space Coast in 2009 and boasts 3,224 square feet of rocket-inspired space. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.97

Construction 91

Construction Appraisal Contracts Mortgage 91

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic. The home was constructed for olive-oil importer John Vittucci.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JUNE 9, 2021

Some smaller construction companies are heavily burdened by rising costs for everything from lumber and steel to fuel and labor amid a lack of available employees. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise. >> About 4.4 of the U.S.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Appraisal Today

MAY 20, 2022

Fewer pending contracts (big news): We’ve seen a dip in pending contracts over the past few weeks, which speaks to shifting demand. designer and builder of the 1st glass elevator in San Diego designed and constructed the 300 foot tramway. The average contract interest rate for 15-year fixed-rate mortgages decreased to 4.73

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

SEPTEMBER 11, 2024

Homes under contract (also known as Pending listings) fell 6.0% (1790) from July to August in King, though they are up 3.2% In that span, roughly 33,000 additional multi-family homes were constructed in the city – for rent. That’s about 95% of all new construction, excluding single-family and townhomes. stronger YoY.

Real Estate 36

Real Estate Modernization Government Construction 36