Remove 2009 Remove Construction Remove Modernization
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Exploring Opportunities in Manufactured Housing

Appraisal Buzz

Since taking a dip in 2009, there has been a slow, but steady climb with more than 100,000 manufactured homes shipped in 2021, and a post-recession high reached in 2022 with 112,000 manufactured homes shipped, according to a 2023 report by the Joint Center for Housing Studies at Harvard University.

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Like it or not, desktop appraisals are here to stay

Housing Wire

Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. There’s still some battle scars from 2006 to 2009 where appraisers were made to be the scapegoats,” Pyle said.

Appraisal 370
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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed.

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Appliances for FHA appraisals

Appraisal Today

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9% Lee Miller.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic.

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Appraisals – Check the Water Source!

Appraisal Today

Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. 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.”. Two days ago the Fed raised rates by 0.75%. Lower inflation? Real estate market? ==.