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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Many Black families moved to these neighborhoods in the 1960s after redlining and interstate construction forced them out of other areas. California is also prohibiting unsolicited offers below market value. According to Zillow , there are more than 50 active listings, with the average market value in the area at roughly $1.29

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Total Value of U.S. Homes Bordered $3T in 2024 

Appraisal Buzz

trillion; total property values increase during the busiest purchasing seasons, which run from March to September, and decline during the winter, when fewer homes are sold. But, its important to remember that new building contributes to the overall rise in market value. 2 Rochester, NY 11.2% $12.6B $124.3B annually to $9.7

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6 Smart Strategies to Lower Your Home Insurance Costs

Lamacchia Realty

6 SMART STRATEGIES TO LOWER YOUR HOME INSURANCE COSTS Anyone who owns a house understands just how important home insurance is – it protects what is most people’s most significant investment. When unexpected disasters or damages strike, home insurance can be the key to getting back on track in the aftermath of tragedy.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

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. And it is a marginal rate tax - only the amount above each threshold is taxed.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

A home appraisal determines the fair market value of a home. Of course, if you're in a hot market and believe the home is worth what you're offering, you could save yourself time and energy by skipping the appraisal process. Does a Newly Constructed Home Need an Appraisal? What is a Home Appraisal?

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Understanding the Importance & Benefits of Property Valuation for Buyers

Appraisal Hub

Imagine you could get a report card for a home, highlighting each element that adds or subtracts value. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. Knowing the property’s actual value ensures you make a sound financial decision.

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26 Reasons to Get an Appraisal

Realvals

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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