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Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence. Retirement: May 3, 2027 Shorter list 2024 Appraisers go mobile. 2027 & beyond New UAD fully required. Mandate: November 2, 2026 UAD 2.6
They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic.
However, in today’s market, the overlooked costs of running a household have taken center stage, demanding attention and strategic planning from homeowners and prospective buyers alike. This return of buyers follows a sluggish late 2023. 5 vote (and ballot count the days after). 5 vote (and ballot count the days after).
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