2011 Contracts Renovations 
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 Known as Constellation 167, this visually arresting home was completed in 1992 and restored by its current owner between 2011 and 2014. The average contract interest rate for 5/1 ARMs increased to 6.33
Appraisal Today
SEPTEMBER 29, 2023
After a painstaking renovation of the 13,872-square-foot property, they moved in in 2012. percent, the highest rate in the history of the jumbo rate series dating back to 2011,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. percent, the highest level since the series’ inception in January 2011, from 7.32
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Appraisal Today
JULY 7, 2023
Despite the home’s age, it isn’t a money pit or desperate for a renovation. year-over-year to $396,100, marking the largest price reduction since December 2011.While The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.85 from May 2022.
Appraisal Today
JUNE 3, 2022
Plus a short video on the renovation. EDI to UAD – 1994: EDI maybe, 2011: UAD. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 5.33 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 5.20
Will Springer Realtor
DECEMBER 11, 2022
This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. A little more than a third of inventory is under contract. drop ($677,475).
Will Springer Realtor
OCTOBER 8, 2021
The gross-flipping profit of $67,000 in Q2 translates into a 34% return on investment compared to the original acquisition price, its lowest point since Q1 of 2011, when the housing market was recovering from a price slump brought on by the Great Recession. . >> As the percentage of flipped houses remains low (4.9% in Q2, down from 6.8%
Will Springer Realtor
DECEMBER 13, 2022
In his estimate: “Homebuilding’s going to contract.”. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier. Homes are going under contract at a median of 15 days, 10 fewer days from three years ago. Median prices in the area are only 3% higher YoY at $1.025M amid 29% fewer sales.
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