Appraisal Buzz

SEPTEMBER 11, 2024

The real estate-owned (REO) sector has undergone significant changes in recent years, with the industry experiencing a notable contraction and consolidation. Finding reliable and qualified vendors has also become more difficult as the industry has contracted. Another best practice is having a backup vendor plan in place.

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Property Management Inventory Contracts Technology 195

Miller Samuel

AUGUST 19, 2020

million in 2010 to $6.5 From 2010 to 2018, the nation’s licensed appraisers paid the 14-employee organization more than $6 million through the mandatory National Registry Fee. Expect the nonprofit to further leverage its copyrights – the development of which appraisers pay for. Its war chest grew from $3.6

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Housing Wire

DECEMBER 7, 2023

Visit Website Overview Since 2010, New England Real Estate Academy has been offering real estate classes and it was one of the first schools to be accredited to offer online training in 2016. Webinars are hosted by expert instructors, so you’ll get practical, real-world insights based and lessons based on advanced learning methodologies.

Real Estate 434

Real Estate Real Estate Agent Law Brokerage 434

Hank Miller Team

OCTOBER 7, 2024

Of course, but real estate is not the stock market and it must be looked at over several quarters to allow enough time for patterns to develop. of listings contracted, 35.69 of listings contracted, 35.69 That's the short "to the point" summary of the greater Atlanta real estate market for the 3rd quarter of 2024.

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Real Estate Marketing Contracts Sellers 52

The Robert Weiler Company

NOVEMBER 9, 2022

Hundreds of international companies call Columbus their home, including Battelle Memorial Institute, the world’s largest private research and development foundation. Census Bureau, Columbus, Ohio has ranked #1 for population growth among comparable large Midwest metro areas between 2010 and 2020. from 2010 to 2020.

Transportation 78

Transportation Real Estate Supply Chain Investing 78

Appraisal Today

SEPTEMBER 8, 2023

Most recently, the 2010 build became one of the most expensive homes on the market when it hit the market in early August at the greatly reduced $26 million listing price. The community is part of a wider development in Georgetown, Texas called Wolf Ranch. The average contract interest rate for 5/1 ARMs decreased to 6.33

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Appraisal Contracts Business Construction 81

Will Springer Realtor

OCTOBER 15, 2024

The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. months, the greatest since April 2010 (14.5

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Housing Market Marketing Construction Buyers 68

Appraisal Today

JULY 26, 2024

As strategies continue to develop and evolve, we believe it’s important to engage and communicate with stakeholders, so here are three key items we believe appraisers should keep top of mind in 2024. It’s a necessary step in developing credible reports. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.21

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Appraisal Valuation Reconsideration of Value Contracts 83

Appraisal Today

MARCH 22, 2024

There’s no rationale or logic for this not being done years ago as a required adjustment, starting in 2010. For those who don’t know, I’ve been involved in appraisal form development, from scratch. Across the street from my office, an old marina property is being developed into housing. Do the right thing.

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Appraisal Today

JULY 19, 2024

The legendary property is owned by energy trader Michael Whalen, who gave the place a massive renovation after buying it in 2010 for $2.1 I have seen specific streets in developed cities without public sewers. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.75 percent from 7.00

Appraisal 79

Appraisal Insurance Contracts Business 79

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Public development can be a great option for increasing the supply of homes. Bureau of Economic Analysis.

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Retail Design Development Landlords 36

Will Springer Realtor

DECEMBER 12, 2023

King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% With every turn of the page, we eagerly anticipate the developments of 2024 to unveil the next development.

Housing Market 43

Housing Market Marketing New Listings Buyers 43

Will Springer Realtor

OCTOBER 10, 2023

At the same time, the number of homes going under contract (Pending sales) fell 11% (2087) for the month and 9.8% Total sales dropped 16% (1823) since August and 22% year-on-year (YoY) for the entire county – the fewest sales for a September since 2010 (1488). on the year. Most are offering promotions with interest rates in the 6s.

Buyers 65

Buyers Inventory Sellers Housing Market 65

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Demand should remain strong as developers work hard to create additional supply. They rose 3.9% YoY to 1.45M units.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

AUGUST 15, 2023

The number of single-family homes going under contract (Pending sales) fell 8.7% Zonda indicates that new-home prices have averaged a 27% premium above resale prices dating back to 2010. Overall, King had 38% fewer homes for sale at the start of August than a year ago, including 42% fewer on the Eastside and 19% fewer in Seattle.

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Sellers Buyers New Listings Inventory 61

Housing Wire

SEPTEMBER 25, 2023

Heller added: “This discussion must include issues of property development, affordable housing and equity as we try to adapt to climate risk. The authority to provide new flood insurance contracts will expire,” the CRS report said. The borrowing authority of NFIP from the U.S. “In

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Insurance Lending Mortgage Government 468

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). It has also set its sights on rezoning portions of the city to increase housing density. >> Neilsen research shows that 11.5% CONDO NEWS.

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Architecture Design Buyers Construction 36

Will Springer Realtor

APRIL 11, 2022

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. from 44.2% wages rise at a hefty 6.8%

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Creativity and individuality were often tossed aside by these mass-built developments. MHA requires developers building market-rate apartments, townhomes and other developments to either include affordable units on-site or pay fees.

Law 36

Law Development Design Government 36

Will Springer Realtor

DECEMBER 13, 2022

In his estimate: “Homebuilding’s going to contract.”. Most economists expect any recession to be relatively short and shallow – certainly nothing like the Great Recession of 2008-2010. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier. and ease to 4.9% in 12 months. Return to Top.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore.-Vancouver, In a nod to Chinese lore, Graystone developers omitted floors numbered with a “4” as well as “13.”

Buyers 36

Buyers Law Inventory Development 36

Listing Spark

DECEMBER 15, 2022

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. So obviously you know, back in 2009 and 2010 when we started doing owner finance and the markets, you know, you couldn’t flip a house or anything.

Finance 36

Finance Investing Real Estate Lending 36

Assurance Financial

NOVEMBER 9, 2021

Development limits: Sometimes, local governments will implement development limits that restrict how many new houses can be built in an area, resulting in a lower housing supply. However, due to the local government’s development laws, the supply remained low. Downloadable Guides. First-Time Homebuyer Guide.

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Marketing Sellers Real Estate Buyers 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Update: The home is now under contract after 18 days on the market. We are on the right track. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. I like it when a condo developer and its sales team collaborate on a creative offer for prospective buyers.

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Housing Market Marketing Real Estate Buyers 36

Housing Wire

APRIL 15, 2021

But they could delegate that responsibility to community-based nonprofit entities, such as community development financial institutions, minority depository institutions, housing counseling agencies or community development credit unions. The bill would not require that states contract with such groups, however.

Development 546

Development Housing Market Contracts Government 546

Will Springer Realtor

NOVEMBER 12, 2021

shows a link between heart health and inclusionary zoning, where local governments require developers of new multifamily buildings to set aside a certain number of units for low-income housing. in 2010, the largest decline of any state. in 2010 and Blacks comprise 3.8% The pair of recent developments may be breakeven for buyers.

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Law Inventory Real Estate Government 36

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

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Valuation Technology Lending Real Estate 68

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! Lissak, who I spoke to in 2019 for a blog post on this topic, says both parties should have their own attorney jointly develop a binding exit strategy before buying the home.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

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Housing Market Marketing Inventory New Listings 36

Appraisal Buzz

JUNE 3, 2024

Department of Housing and Urban Development (HUD) and the U.S. Programs instituted by HUD, the VA, and the United States Interagency Council on Homelessness (USICH), the number of veterans experiencing homelessness has fallen by 5% since early 2020, and by 52% since 2010.

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Tenants Modernization Inspection Contracts 397

Will Springer Realtor

JUNE 9, 2023

We need every market-rate and affordable home that developers can produce. Contract contingencies are significantly important to protect buyers and we list the five most critical conditions to keep in mind. People living alone numbered 141,000, or 40% of all Seattle households. The average Seattle household comprises 2.08

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Buyers Transportation Housing Market Law 36