Appraisal Buzz

JUNE 14, 2024

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. That is a significant increase from the 13% average between 2000-2019 in new construction.

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Housing Wire

MARCH 24, 2023

Artificial intelligence refers to computer systems designed to perform tasks that usually require human intelligence, such as recognizing speech, identifying patterns or making decisions. We will get to examples in more detail later in this article. In two months after that, ChatGPT reached 100 million active monthly users.

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Housing Wire

FEBRUARY 8, 2024

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

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Appraisal Buzz

MARCH 4, 2025

This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now , and is co-authored by Selena Townsend. This one-on-one mentoring program is designed to empower talented women in the affordable housing Industry and cultivate a community of thought leaders and influencers.

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Appraisal Buzz

JULY 15, 2024

This is a continuation of the April 15, 2024 article “ From Forms to Reports: A Look at the UAD Overhaul ” I am named after my father, who passed away in 2000. In this article, I want to address some myths about what the future holds and introduce some possible solutions software providers are working on to proactively address these changes.

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Housing Wire

OCTOBER 10, 2023

In this article, I’ll share the steps, what to include, what not to includes, and how to assemble a CMA report that’ll impress your clients. Providers KeyFeatures Starting Price Learn More Etsy Choose your level of design customization. Professionally designed templates. Options for every budget.

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Cleveland Appraisal Blog

OCTOBER 29, 2021

I wrote an article on that subject, that you can check out called “ Highest & Best Use Analysis In The Appraisal Process “ The economic life of a home begins when the improvements are built and ends when they no longer contribute value. After all, that’s why you’re reading this article. Here’s one way.

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McKissock

MAY 7, 2021

Residential construction and new home sales have been making quite a few headlines lately. Keep reading to catch up on the latest stories and market data related to new home construction and sales. ” New home construction in the news. ” New home construction in the news. ” Read the full article. .”

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Cleveland Appraisal Blog

DECEMBER 24, 2022

This week I welcome back guest blogger, Shirley Martin, who answers these questions in this article. Fortunately, you can keep tabs on the timing, progress, and costs associated with the work as it’s completed with construction management software. Thanks so much for being here to read articles from the Cleveland Appraisal Blog!

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Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. That article came out in 2014 right as the housing market was peaking. Seriously.

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Cleveland Appraisal Blog

DECEMBER 19, 2021

I always enjoy his articles. If you have trouble visualizing their design, request a 3D rendering. Adding a small outbuilding is another construction project that is worth considering, especially if you have a larger yard. I hope his article gave you some ideas about ways to revive and refresh your home.

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Housing Wire

DECEMBER 4, 2023

The voucher program, also referred to as Section 8 , is designed to cover rental costs to ensure very low-income families, the elderly and the disabled can afford housing. Builders of Hope in the past has set its sights on constructing owner-occupied deeply affordable homes — developing more than 500 such homes over the past 25 years.

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Cleveland Appraisal Blog

APRIL 29, 2021

So, I am grateful for guest bloggers who provide me with some great articles to share with you. The materials used in the construction and decoration of your home are also extremely important because they determine how structurally sound your property is, how it’s going to last over time, and how much maintenance it’s going to require.

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Appraisal Today

DECEMBER 6, 2024

The following is where I have arrived at developing answers: To read more, Click Here My comments: Worth reading the full article, plus the appraiser comments. This trophy estate epitomizes ultra-luxury with a timeless contemporary design and unmatched sophistication. New Home Sales and Construction: Slowing Down But Not Out 4.

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Appraisal Today

DECEMBER 27, 2024

Another article touches on three new Collateral Underwriter (CU) messages that help lenders fulfill their obligation to monitor appraisals for prohibited language. Go to www.appraisaltoday.com/order To read the full article with many tips on how to be more positive, plus 2+ years of previous issues, subscribe to the paid Appraisal Today.

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Appraisal Buzz

SEPTEMBER 5, 2022

Whether you are an appraiser, tax assessor, sales agent, attorney, construction manager, architect or engineer, you are required to have a level of professional expertise, at the local level, that exceeds the average person that does not practice in the area of real estate. Is there room for more improvement? Technologies are moving fast.

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Property Metrics

NOVEMBER 13, 2020

In some ways, a commercial real estate construction project is just like any other project. However, a commercial real estate construction loan is not like other loans. What is a Construction Draw Schedule? The construction draw schedule determines how and when construction loan funds are distributed.

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Housing Wire

AUGUST 24, 2024

You could also include any specific type of real estate you specialize in, such as new construction, working with first-time buyers or selling waterfront properties. I love using a design tool like Canva to create custom Facebook cover photos and choose specific dimensions. This image should be landscape, not portrait.

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Housing Wire

AUGUST 3, 2023

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. The good news is that the early adopters will thrive.

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Appraisal Buzz

SEPTEMBER 20, 2024

Sherri Eckles, SVP Renovation & Construction, TPO Go “In addition to her full-time job, Sherri Eckles volunteers with numerous organizations, all focused on affordable housing. Maheen is a key contributor to thought leadership articles, blogs, videos, and in-person speaking.

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Appraisal Today

NOVEMBER 1, 2024

Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence. Comprehensive article on the fee issue, with comments from appraisers, appraiser organizations AMCs, MBA and many more organizations.

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McKissock

DECEMBER 9, 2022

You can gain technical knowledge by researching and reading architectural, marketing, and building articles, as well as technical papers about green homes. You can find info on the LEED rating system, search their online directory, and find helpful articles at USGBC.org. Green Building Council. Green Building Registry.

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McKissock

JULY 30, 2021

Power to Prevail in 2021 and Beyond – New Residential Construction Outlook (Recorded Webinar). This infographic showcases and describes some of the more common ceiling types found in historic and modern homes. Using Excel for Residential Market Analysis (Recorded Webinar).

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Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Read this article and the classic book.

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Appraisal Partners Blog

JANUARY 20, 2025

This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence. The age of appliances, mechanicals, and overall design also factor in. The appraisal report will justify which approach was used.

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McKissock

JUNE 3, 2022

CE Course: Learn about the entire home construction process from the ground up. Enroll in our top-rated course, Residential Construction and the Appraiser. This type of house is typically custom-designed for an owner’s site, but could be found in a high-quality tract development. Some were constructed by the property owner (i.e.,

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Simonson Real Estate

SEPTEMBER 16, 2021

MAI is a designated member of the Appraisal Institute. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. If you would like to learn more about navigating the appraisal process checkout these articles: Valuation – How Much is My Property Really Worth?

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McKissock

NOVEMBER 27, 2020

This popular job aid reviews the more common roof designs and the corresponding advantages and disadvantages of each. Best Practices for Appraising New Construction Homes. New construction is treated a little differently by lenders, FHA, and the GSEs. To access the job aid, become an Unlimited Learning Member. Roof Types.

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McKissock

JULY 20, 2021

In the interest of consistency, we will use the words “inspect” and “inspection” throughout this article and in our course, Residential Property Inspection for Appraisers. Nevertheless, an appraiser is expected to have more knowledge about construction and systems in a dwelling than a layperson would.

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McKissock

MARCH 16, 2021

Quality of workmanship or construction (higher or lower than the norm). Architectural design. A new construction house that is over-improved for its market (luxury homes). Homes that are historic in age or possibly a new construction home in an area of older construction. Unique custom features.

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Architecture Property Appraisal Construction Appraisal 101

Simonson Real Estate

JULY 22, 2021

This article is going to delve into three important drivers of value: location, property quality and condition, and market conditions. A structure can have a functional utility and above average design, but poor workmanship and inferior materials will affect value.

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CP Home Appraisals

OCTOBER 20, 2016

A Neighborhood is a group of homes that share common amenities, construction time periods and overall design. A Subdivision is a smaller group of homes that are more closely related in terms of appeal, construction period and also price range. They are often referred to as communities and MAY contain multiple subdivisions.

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Raleigh Realty

MAY 21, 2022

In this neighborhood, you will find all types of Real Estate, from restored Grand Victorians built in the 1800s, to newly constructed homes. Like the neighborhoods of Oakwood and Mordecai South Park has been experiencing some fast-paced new construction with new commercial developments also coming to the area.

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McKissock

MARCH 22, 2022

It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Any improvements should conform to the neighborhood in terms of age, type, design, and materials used for their construction. Dig deep for comparables.

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Raleigh Realty

OCTOBER 30, 2021

Design a structure that will best suit your home and remember to have fun while doing it. When looking for a new home, you may decide to lean towards new construction or to purchase land with your ideal conditions in mind. Sky and Telescope: All things astrology through articles, podcasts, and star maps.

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McKissock

NOVEMBER 5, 2021

The article cites the pandemic, as well as shortages of lumber, construction materials, and skilled labor as reasons for why residential property values continue to increase. Included with the course is a new, first-of-its-kind reference manual designed to help appraisers quickly find answers to their USPAP-related questions.

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McKissock

OCTOBER 1, 2022

It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Any improvements should conform to the neighborhood in terms of age, type, design, and materials used for their construction. Free guide: Earn More Green with Green Home Appraisals.

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