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Solving the Affordable Housing Crisis

Appraisal Buzz

A Cautionary Tale from 2013 Let me start with a personal story. In 2013, I acquired an apartment complex in Austell, Georgia. Diminished Development Capacity: As developers struggle, new construction grinds to a halt. The post Solving the Affordable Housing Crisis appeared first on Appraisal Buzz.

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Record Number of Renters Struggle With Affordability

Appraisal Buzz

Since 2013, the number of units renting for less than $1,000 per month (adjusted for inflation) has declined by 7.5 The Road Ahead While a surge in multifamily construction has helped slow rent growth in some markets, this relief may be temporary.

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More Renters Are Staying Put

Appraisal Buzz

The recent construction boom has also led to a record number of new apartments hitting the market, keeping rents down and setting 2025 up as a renters market where more Americans will choose to rent, or remain renters. The post More Renters Are Staying Put appeared first on Appraisal Buzz. a decade earlier.

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Expert Insights: Differentiating Yourself From the Competition

Appraisal Buzz

He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties. It happened by accident in 2013. Q: How did you first get your start in the industry?

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The Supply Chain Revisited – Interview with Greg Stephens

Appraisal Buzz

.” We sat down with Greg Stephens, coordinator of this webinar with Metro-West Appraisal Company, to learn more about this free upcoming webinar. Greg: My background in the appraisal industry spans 44 years. Since 1987, I have been teaching appraisal-related courses through my seminar company, Appraisal Seminars.

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HECM program study assesses policy impacts of recent years

Housing Wire

The third PLF reduction in October 2013 was assessed in more granular detail and concluded that “the first and second reductions may have helped remove so many potentially marginal loans from the population that models could not detect any beneficial effects due to the third reduction and drawdown restriction,” the report said.

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The Week Ahead: Measuring Housing Market Dynamics

Appraisal Buzz

And while new construction may be necessary to create slack in the market, over the longer term, the rebalancing needed will originate from lower rates that ease the lock-in effect. The post The Week Ahead: Measuring Housing Market Dynamics appeared first on Appraisal Buzz. These dynamics will drive growth in the U.S.