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. After all, this isn’t the first time the unique property has been listed.

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Clear Capital

FEBRUARY 21, 2024

To further support appraisal modernization and enhance data quality and consistency in property data collection, Fannie Mae and Freddie Mac partnered to develop UPD under the Uniform Mortgage Data Program ® (UMDP ® ) , responding to industry feedback requesting market standardization and fungibility.

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Birmingham Appraisal

AUGUST 14, 2024

Changing Trends in the Size of Homes While detailed information on square footage was not consistently recorded in the Birmingham, Alabama MLS until around 2010 we can look at national trends to see what was occurring across the country. As a result, developers and buyers began to favor smaller, more affordable homes to reduce financial risk.

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Will Springer Realtor

FEBRUARY 8, 2023

The good news is that people still want to live downtown, with the population at about 95K, a 67% increase since 2010 – quite remarkable growth in a dozen years. SEATTLE VOTES ON HOUSING ISSUE Seattle residents voted this week on whether the city should establish a public developer to build permanently affordable housing.

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Housing Wire

DECEMBER 15, 2021

Ginnie Mae, which is part of the Department of Housing and Urban Development , oversees guarantees totaling around $2.1 Before McCargo joined the Department of Housing and Urban Development as a senior advisor for housing finance in January, she spent five years at the Urban Institute as vice president of its Housing Finance Policy Center.

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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’s modernism in Medina! It has also set its sights on rezoning portions of the city to increase housing density. CONDO NEWS.

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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%

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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.

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Will Springer Realtor

JULY 10, 2024

Among the latest examples, parishioners at Overlake Christian Church in Redmond have partnered with developer Evans Wakefield to construct 800 affordable rental units on a portion of land currently used for parking. Recent developments bring a glimmer of hope. We went into detail about the issue in last month’s newsletter.

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Will Springer Realtor

AUGUST 9, 2024

BELLEVUE’S DYNAMIC GROWTH COMES WITH PAIN, HOPE I have lived in the Seattle metro area since 2010 and enjoyed working on the Eastside for the first six years before gravitating to real estate sales. That’s up 24% from 2010. contemporary, 2-story modern (with basement). Bellevue has a population of about 150,000.

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Housing Wire

OCTOBER 23, 2024

When you ask the housing crash addicts why their home-price forecasts don’t work, they usually say we should adjust home prices to inflation, gold prices, or some other silly historical reference that doesn’t apply to modern-day economics. In 2010, when the new listings data was exploding, over 23% of homes in America were underwater.

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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. for this piece of modern Seattle history (with outstanding views, by the way). We are on the right track.

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Will Springer Realtor

APRIL 8, 2021

The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. multi-level, modern mansion with rooftop deck in the Blue Ridge section of Northwest Seattle. housing markets. That figure is roughly 0.7%

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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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The Robert Weiler Company

NOVEMBER 16, 2022

But the reality is that Ohio and the Greater Columbus area have long been a mainstay of technological innovation and, certainly, the precursor to the modern digital age. Honda Research & Development Americas. In fact, with a 2010-2020 population growth rate of 12.5% Similar terms include “Silicon Prairie.” Take your pick.

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Clear Capital

JUNE 21, 2022

Fannie Mae’s study , while finding that homes owned by white borrowers were more often overvalued than homes owned by Black borrowers, furthered the discussion around Appraisal Modernization, including the use of AVMs in property valuations. Upcoming changes to AVM compliance and regulation . AVMs faced intense scrutiny.

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Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city. . >>

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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.

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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. The listing agent calls it “modern farmhouse.” Then the housing bubble burst. The problem is very real here in our region.

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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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Appraisal Buzz

JUNE 28, 2024

Supported financing of manufactured home communities: FHA has made cooperatives, non-profit entities and consortia, state and local governments, community development financing institutions, and Indian Tribes eligible to use FHA-insured multifamily loans to finance the acquisition of manufactured home communities.

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Will Springer Realtor

JUNE 9, 2023

We need every market-rate and affordable home that developers can produce. Vaulted ceilings and skylights in select rooms open up this 1939-built abode that feels fresh and modern. People living alone numbered 141,000, or 40% of all Seattle households. The average Seattle household comprises 2.08 people, the smallest of any major U.S.

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