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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

is expected to set new records for apartment construction. By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. The overall impact on the number of developers might vary by region,” Ressler said. “In

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GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the GSEs) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027. million own the unit only, and 1.3

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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

of existing supply, with another 38,000 of apartment units under construction (12.2% We believe rates (including financing rates) staying higher for longer will delay any rebound in construction activity in the near term,” he wrote. of existing supply) that will be delivered over the coming months,” Lawrence wrote. ’ again.

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Appraising Kitchens

Appraisal Today

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins. Retirement: May 3, 2027 Shorter list 2024 Appraisers go mobile. 2027 & beyond New UAD fully required.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. Legislation related to transit-oriented development did not pass. The home was constructed for olive-oil importer John Vittucci.

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U.S. Treasury launches initiatives to boost housing supply

Housing Wire

” The Treasury is allocating $100 million by 2027 to finance affordable housing in a new program administered by the Community Development Financial Institutions (CDFI) Fund. If implemented, the initiative would lead to thousands of additional housing units in the coming years, Treasury said.

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Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? Based in Victoria and offering appraisal services across Vancouver Island and the Gulf Islands, we offer appraisal services to support mortgage approval, new construction valuation and inspections. Contact us today to book an appraisal.