Bracketing Buyers Reference 
Appraisal Buzz
SEPTEMBER 5, 2024
The trajectory of interest rates and what Americans refer to as their “magic number”—the mortgage rate that would compel them to buy a home—have them feeling more optimistic than they did about insurance and housing prices. The post Nearly Half of All Prospective Buyers Struggle with Basic Home Costs first appeared on The MortgagePoint.
Appraisal Buzz
DECEMBER 9, 2024
However, individual comparable sales exhibited different trends relative to the market average: Figure 1 For more information, refer to the Fannie Mae Selling Guide, section B4-1.3-09. It includes insights from CoreLogic economists to help appraisers and home buyers understand the market.
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Birmingham Appraisal
APRIL 11, 2023
In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.
Realvals
AUGUST 4, 2022
Usability is of great significance here, where families are the main buyers. Condition refers to the house’s current condition in terms of overall maintenance, depreciation, and updates. Quality refers to the materials used when building and/or remodeling the house. Bracketing. Best Practices for Comparable Sales.
Genworth MI Blog
NOVEMBER 29, 2018
I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. I refer to this approach as high-level bracketing.
Genworth MI Blog
NOVEMBER 29, 2018
I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. I refer to this approach as high-level bracketing.
Birmingham Appraisal
SEPTEMBER 26, 2023
The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For buyers, it could mean a potential bargain. There is a difference.
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