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Single-Family Rents Climb to Record High

Appraisal Buzz

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. In the meantime, owned home value growth has leveled out at 2.6%

Inventory 370
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Opinion: Is the time ripe for a third way to tap home equity?

Housing Wire

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. Homeownership is a bedrock for the American Dream, in no small part because it is also a durable, reliable long-term investment.

Investors 473
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Are Pickleball Courts Good for a Sale?

Empire Appraisal Group

YinYang, E+, Getty Images Source: [link] By Melissa Dittmann Tracey There’s disagreement about whether the sports craze is a benefit for home sales, with some saying the noise hurts property values. Seven homes the brokerage has listed over the last three months have had pickleball courts nearby. A selling point?

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. For first time buyers, hiring a property manager is recommended.

Investing 138
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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Get ready to be gouged on home appraisal fees

Chicagoland Appraisal Blog

But then things got interesting because through the course of the transaction someone showed me an email from the loan officer where I learned the AMC was actually charging the buyer $345 higher than the fee I quoted. My Thoughts: I think this is a GIANT step backward and goes directly against ensuring public trust.

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The Pros and Cons of Renting Out Your Mother-in-Law Apartment

Zillow

Tally the benefits Immediately and long term, the biggest advantages to owning a property with a secondary unit are financial. A tenant can be a huge help for first-time home buyers saddled with a steep mortgage payment. For many, the benefits of owning a property with a secondary unit far outweigh the disadvantages.

Law 36