Appraisal Buzz

MARCH 3, 2025

They also reported that, as of 2023, at least eight states have policies that preempt local bans of ADU construction. At that time, the study showed that ADU construction was rising by 8.6% Not following local zoning regulations can lead to fines, penalties, and even possibly legal action. per year over the last decade.

Construction 248

Construction Appraisal Legal HOA 248

Appraisal Buzz

OCTOBER 29, 2024

In New York City, the Basement Apartments Safe for Everyone (BASE) Campaign advocates for legalizing and upgrading underground apartments, many of which qualify as interior ADUs. Nonprofits are not just addressing the demand for new housing but are also providing funding to homeowners for ADU construction.

Renovations 221

Renovations Construction Development Landlords 221

Housing Wire

APRIL 24, 2023

However, neighborhoods with associations or other “common interest communities” with legally-binding zoning rules would be exempt, according to the Seattle Times. We can’t go back and retroactively change the conditions that have been signed into in those legal documents,” Bateman said.

Law 397

Law Legal HOA Construction 397

Appraisal Buzz

FEBRUARY 17, 2025

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. Under the old zoning, the H&BU analysis was finished at the legally permissible test.

Legal 243

Legal Appraisal Easement Valuation 243

GoForrmz

JANUARY 16, 2025

Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 trillion in 2021, many construction businesses still struggle with outdated, paper-based processes that slow productivity and create compliance risks.

Tools 78

Tools Construction Business Project Management 78

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

Construction 476

Construction Supply Chain Inventory Housing Market 476

Housing Wire

AUGUST 16, 2023

Under the new regulations, construction of new residential buildings can continue in areas that have a designated water provider since homebuilders and developers do not need an AWS certificate to obtain a building permit.

Construction 370

Construction Agents Real Estate Agent Development 370

Housing Wire

JULY 8, 2024

Its product mix includes fix-and-flip loans, bridge loans and construction loans. Irell & Manella LLP acted as legal adviser to Archwest in negotiatons, while Piper Sandler Companies was the financial adviser and Dechert LLP was the legal adviser to Bain Capital.

Investing 435

Investing Legal Lending Landlords 435

Appraisal Buzz

MAY 9, 2022

The American Institute of Architects has estimated that 9% of “Custom Built” homes being constructed in the United States are of log home construction. Log Homes have an average construction cost of $450,000 per unit, which means that the Log Home Industry is a multi-billion dollar a year industry.

Valuation 396

Valuation Legal Construction Appraisal 396

Housing Wire

SEPTEMBER 25, 2024

Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. True, these buyers still have plenty of financing, legal and compliance obstacles to navigate in the U.S. increase year-over-year according to Redfin data. homebuying process.

Investors 448

Investors Construction Real Estate Inventory 448

Housing Wire

AUGUST 29, 2022

The construction industry has yet to fully recover from the 2008 financial crisis when it lost a big segment of its skilled construction workforce. Pandemic-related supply chain snags have impacted the prices of key construction inputs like lumber, steel, and copper. The good news.

Construction 459

Construction Supply Chain Finance Investing 459

Housing Wire

DECEMBER 6, 2024

The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as City of Yes, which calls for the construction of 82,000 new homes over the next 15 years in the Big Apple. But the plan backed by a mayor who is currently embroiled in a high-profile legal case in which the U.S.

Construction 395

Construction Legal Government Development 395

GoForrmz

FEBRUARY 17, 2025

Originally published on July 11, 2017 Optimize your AEC workflow with GoFormz mobile forms The Architecture, Engineering, and Construction (AEC) industry is built on collaboration, precision, and efficiency. Streamline Collaboration Across Teams Coordinating across multiple teams on a construction project is challenging.

Project Management 122

Project Management Construction Inspection Legal 122

Housing Wire

NOVEMBER 28, 2023

Decades ago, zoning laws were used to legally segregate local communities based on race. Smaller lot sizes mean more units can be built, and legalizing accessory dwelling units (ADUs) makes more efficient use of already-existing homes. The cost of labor has skyrocketed in recent years, driven by shortages in the construction workforce.

Law 492

Law Government Legal Construction 492

Housing Wire

JULY 14, 2022

Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. . The lender was planning to offer construction loans but rising interest rates put a halt to that and forced Kiavi to issue pink slips. .

Human Resources 418

Human Resources Investors Construction Legal 418

Housing Wire

JUNE 1, 2021

HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price. How hybrid title and valuations help increase lending efficiency.

Renovations 516

Renovations Development Investors Legal 516

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Landlords 397

Landlords Investing Tenants Construction 397

Housing Wire

AUGUST 4, 2023

I think whenever we’re talking about home rule or preemption, there’s always going to be local pushback,” Florida Housing Coalition Legal Director Kody Glazer told the outlet. “I think the hesitancy comes with the fact that it’s a preemption. . That motion passed.

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Law Legal Development Construction 369

Housing Wire

DECEMBER 20, 2022

This is the reason construction workers still have jobs, and that backlog needs to be finished; this is a positive outcome. The bigger story here is that if we want to see mortgage rates fall, we need more rental units, and right now we have a massive backlog of 2-unit homes under construction — over 900,000. percent (±12.3

Housing Market 448

Housing Market Marketing Construction Supply Chain 448

Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

Business 435

Business Marketing Real Estate Legal 435

Appraisal Buzz

MARCH 26, 2025

He is a multi-million-dollar-producing real estate professional who has spent 17 years in the construction management industry, and now pursues his passion for real estate full-time. For more from Five Star and Legal League, be sure to mark your calendars for the Five Stars Government Forum on April 16 in Washington, D.C.;

Real Estate 284

Real Estate Investors Construction Property Management 284

Housing Wire

SEPTEMBER 20, 2024

eXp purposely designed the document in a way that uses as little legal jargon as possible, so as to not confuse buyers and sellers. Pareja believes there should be exceptions, such as when a property is owned by a high-profile person, if it is tenant-occupied or if it’s still under construction.

Agents 435

Agents Brokerage Real Estate Tenants 435

Housing Wire

MARCH 24, 2023

They can be persuasive, use sales closing techniques and sound like a legal draft, as referenced in a CNN news article about an agent named Asion: Recently, a client reached out to Asion with a problem: the woman had moved into a pre-construction home and couldn’t open her windows. These are different from your plain boring emails.

Loan Officers 497

Loan Officers Legal Development Design 497

Housing Wire

NOVEMBER 23, 2021

The cost gap also thwarts construction and development of modest homes, limiting the availability of affordable homes for first-time and first-generation homebuyers. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 476

Investing Renovations Construction Development 476

Housing Wire

AUGUST 29, 2024

CoStar lawsuit granted his personal email access to roughly 40 documents prior to his departure for Move subsidiary Realtor.com, according to the latest filing in the legal battle between the two listing platform giants. The employee at the center of the Move v.

Legal 441

Legal Business Real Estate Construction 441

Housing Wire

APRIL 20, 2022

The program has existed since 1992, when Congress required the VA to help eligible Native American veterans purchase, construct or improve homes on tribal territories, which are subject to legal restrictions, the report said.

Government 542

Government Lending Development Legal 542

Housing Wire

JULY 18, 2024

The filing notes that the injunction would not stop Kaminsky, who worked on Realtor.com’s News and Insights (N&I) team, from working at CoStar, nor would it prevent CoStar from constructing products that compete with those offered by Move and Realtor.com. “It 2 portal in terms of traffic and impressions are false.

Legal 440

Legal Contracts Construction Development 440

Housing Wire

MAY 13, 2024

We hope that by providing early, proactive, and constructive feedback to FHFA and the GSEs, there will be adequate time to augment the data made available in the planned 3Q 2024 data release as well as in any subsequent data release.”

Legal 448

Legal Mortgage Contracts Insurance 448

Housing Wire

FEBRUARY 10, 2022

He added that Vargoshe holds three shares, invested no more than $130, and it is a “shame that the legal system allows this type of pointless litigation.”.

Investors 397

Investors Legal Law Investing 397

GoForrmz

MARCH 10, 2025

— Mikel Pellitero Espinosa, High Voltage Live Work Technician, Elecnor About Elecnor Elecnor is a global construction operation headquartered in Spain, with over 22,000 employees across 50 countries. Elecnor specializes in construction development, infrastructure services, renewable energy, and new technologies.

Legal 78

Legal Construction Technology Development 78

Appraisal Buzz

APRIL 3, 2025

FHLB Cincinnati has launched the Hundred Homes Initiative, which will offer $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976 into updated housing. To be eligible for funding, homebuyers must: Own and reside in a mobile home constructed prior to June 15, 1976.

Construction 195

Construction Legal Real Estate Appraisal 195

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). There is no replacement for things like data interpreted by a professional who understands the nuances between one property and another adjusting for, say, the view, the quality of construction or its location next to a waste water treatment plant. And expedient.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

NOVEMBER 4, 2024

“Kiavi launched a new construction financing product. As far as we know, Kiavi is now the only major, fully digitized, end-to-end platform for real estate investors to finance new construction projects.”

Real Estate 305

Real Estate Technology Tools Real Estate Agent 305

Housing Wire

APRIL 12, 2022

Unfortunately, the rising cost of construction forces developers to find more funding sources to complete these projects. As a result of rising construction costs, the Terner Center for Housing Innovation estimates that the average number of loans per project on top of tax credits has doubled in the past two decades from two to four.

Development 418

Development Finance Legal Fees Construction 418

Housing Wire

JUNE 17, 2024

Some sources said they were afraid of legal pushback. We promote a transparent culture that supports all our team members toward that goal and welcome constructive criticism. As a result, we are not for everyone.”

Human Resources 457

Human Resources Law Loan Officers Legal 457

Eyes on Housing

SEPTEMBER 25, 2023

Of the roughly 1,005,000 single-family and 547,000 multifamily homes started in 2022, 59,000 (28,000 single-family and 31,000 multifamily) were built in age-restricted communities, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD). Read More ›

Legal 187

Legal Construction 187

Housing Wire

JANUARY 8, 2021

The natural trajectory could be tightening of credit underwriting that disproportionally impacts some communities if uncertainty exists in the legal and regulatory requirements of the rule. This “patch” construct was meant to be temporary, and, under the recently passed CFPB rules , is scheduled to soon be going away.

Government 374

Government Mortgage Finance Legal 374