Portland Appraisal Blog

DECEMBER 24, 2024

Its modern persona is heavily influenced by the tenets of New Urbanism, which prizes mixed-use, walkability, diversity, human scale and conservation. The main reason for this decline is due to a couple of large high-rise condominium buildings being completed in 2016 and 2018. (We’ll We’ll talk more them later in this post.)

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Appraisal Buzz

JULY 15, 2024

This multi-year project began in 2018. For instance, if the property is constructed on a slab foundation, there would be no interrogatories about basement areas. The investment by Fannie Mae and Freddie Mac in this monumental project (begun in 2018) indicates the opposite.

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Raleigh Realty

JULY 12, 2022

Statista) The average monthly spending on private construction has been increasing since 2011. This is the biggest difference between quarters since spending dropped between Q4 of 2018 and Q1 of 2019. Houzz & Home) Across construction and design-related firms, 53–72 of firms expect product and material costs to increase.

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Birmingham Appraisal

AUGUST 14, 2024

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. Additionally, advances in construction techniques have made it more cost-effective to build compact homes that are efficient and eco-friendly.

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Lamacchia Realty

MAY 23, 2023

Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects. Bureau of Labor Statistics and FRED Economic data, the cost of construction materials had decreased by about 3% in April 2023 compared to April 2022. According to the U.S.

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Raleigh Realty

AUGUST 19, 2022

According to a 2018 Bank of America survey, the vast majority of millennials, more than 72, consider homeownership to be their top priority. According to the 2018 Home Buyer and Seller Generational Trends Report, 90 percent of buyers aged 37 years and younger purchased their home through a real estate agent.

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Portland Appraisal Blog

JULY 27, 2019

It is connected to the east side of the city via four bridges and boasts some of the city’s modern skyscrapers—including the John Ross Tower , Portland’s largest residential structure. There has been relatively little new construction in the neighborhood with ~5.8% of all sales having been new homes.

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Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. A rip-roaring start to 2021 – with uber-frenzy sales and skyrocketing prices – is cooling slightly and showing signs of a return to norms last seen in 2018 and 2019 when buyers and sellers perhaps focused more on school, work and the Seahawks than house shopping.

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Houston Properties

JULY 19, 2022

However, newer properties such as modern townhomes and Victorian mansions sit well with Sandalwood’s peaceful atmosphere. Despite its distance from inner Houston, all the amenities and modern comforts of city living are present in Sandalwood. – 2018: #5 Individual Agent, Keller Williams, Worldwide.

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Will Springer Realtor

MARCH 10, 2023

The structures have been topped out and construction cranes are coming down. The 20-story luxury condo Mari is under construction with a 2024 target opening. Mari is developed by Bellevue-based Create World, the same company that built Mira Flats , a six-story condo that opened in 2018 next to the Mari site. It’s a 4-bed, 4.75-bath

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Appraisal Today

NOVEMBER 24, 2023

Once again, modern brain-body science jumps ahead and teaches me things. I will never forget George’s original blog post in 2018. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. Even better. Unbelievable!

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Will Springer Realtor

APRIL 27, 2021

In addition to accessory dwelling units, modular construction and other affordable options, 3-D printed homes allow people to find private, contemporary shelter at a fraction of the cost. Icon , a digital construction company based in Texas, became the first in the U.S. New construction homes have not kept up with demand.

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Houston Properties

JULY 19, 2022

Most townhomes are within gated communities and feature modern architecture and designer finishes. Most townhomes are within gated communities and feature modern architecture, designer finishes, and eco-friendly features. – 2018: #5 Individual Agent, Keller Williams, Worldwide. – 2019: #1 Individual Agent, KW Texas.

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Will Springer Realtor

APRIL 11, 2022

Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”.

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Housing Wire

DECEMBER 31, 2021

Yearly data compiled by the MBA found that in 2014 and 2018, years with weaker origination volume, the LO turnover rate was 44% and 37%, respective-ly. Chopra has also beefed up the agency’s enforcement division and partnered with two other regulators to target lenders engaging in what was termed by the government as “modern-day redlining.”

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Will Springer Realtor

FEBRUARY 13, 2025

Well, thats starting to feel a lot like modern home design. The projected slowdown could also reduce demand for new construction even though experts estimate our national housing shortage is about 4M units today. Builders, therefore, are being forced into [constructing] smaller houses. The formal dining room?

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Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S.

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Will Springer Realtor

AUGUST 9, 2022

An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. Note: All data is sourced from the Northwest Multiple Listing Service, which excludes sales of new construction homes. Looking for a sweet deal on a new-construction condo? Click here for the full monthly report. CONDO NEWS.

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Will Springer Realtor

APRIL 8, 2021

. >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2 The 107-unit structure – former home to Johnson Plumbing – opened in 2018 with fanfare but sales fell off sharply in 2020.

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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

They include shortages caused by restrictive zoning that limit the number and type of housing units built on a given parcel, a “not in my backyard” resistance to new construction in traditionally single-family-home neighborhoods, and layers of regulations, processes and fees that dissuade developers from building in certain areas.

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Will Springer Realtor

JUNE 9, 2021

Some smaller construction companies are heavily burdened by rising costs for everything from lumber and steel to fuel and labor amid a lack of available employees. million people work in residential construction, or about 2.8% A new construction project just north of Bellevue Square Mall. million units annually and dropping).

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Houston Properties

JULY 18, 2022

It features classic French cuisine with modern American influences. Some have since been replaced with new construction homes. – 2018: #5 Individual Agent, Keller Williams, Worldwide. – 2018: #1 Individual Agent, Keller Williams, Texas. – 2018: #1 Individual Agent, Keller Williams, Houston.

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Appraisal Today

FEBRUARY 24, 2023

. = Surviving the Current Slowdown by Kendra Budd, Editor, Working RE Excerpts: While the actual volume of appraisal work has only declined to the equivalent of a slow month in 2018 or 2019, the volume of appraisals has declined over 60 percent from the busiest month in 2021 compared to the later (slower) months of 2022. Budget cuts.

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Will Springer Realtor

JULY 9, 2021

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! Construction is underway on the 48-story, 459-unit, ultra-luxe residence with about 70% of inventory presold (minimum 5% down at signing). They are often surprised by my answer. bath , 2602 sq.

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Will Springer Realtor

MARCH 11, 2024

Inventory is slowly declining, with less than a third of the homes remaining on the market after much fanfare when the project was unveiled in 2018. Jan Peters – a one-time CEO of MediaOne (which evolved out of US West and Continental Cablevision) – and husband Mike (a former MediaOne exec) are offering their modern Medina manse for sale.

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Appraisal Buzz

JULY 11, 2024

From modern images of Santa Claus and Uncle Sam, Nast also popularized the donkey to represent the Democratic party and the elephant for the Republican party. Channel joined LendingTree in 2018 as an intern before moving into his current position. More recently, the Biden administration has begun discussing ways to increase supply.

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