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HUD Updates Manufactured Home Regulations

Appraisal Buzz

The new updates seek to expedite the home production process by cutting red tape and eliminating the need for manufacturers to obtain alternative construction approvals for materials that already meet or exceed HUD standards—helping build more manufactured homes and boost the nation’s housing inventory.

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Reducing Construction Project Delays with Real-Time Data Capture

GoForrmz

Leveraging digital tools to streamline construction projects and minimize delays Anyone in the construction industry knows that delays can be costly. However, one solution is transforming the way construction projects are managed: real-time data capture.

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Manufactured homes are appreciating faster than site-built homes

Housing Wire

The study — which refers to such homes as “mobile homes,” a term the manufactured housing industry sees as imprecise at best and erroneous at worst — also found that prices for these homes accelerated at a faster pace than traditional single-family homes. increased by 58.34% between 2018 and 2023.

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The Supply Chain Reaction – Interview with Greg Stephens

Appraisal Buzz

Within the real estate and the valuation industry, commodities would be housing – the construction of, the buying and selling of, and the financing of. There are distinct supply chains involving residential and commercial construction. Builders are reporting construction delays because they can’t get the appliances.

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Meet MortgagePoint’s Tech Excellence Award Recipients: Part V

Appraisal Buzz

In 2024, Valligent launched the 1004D Virtual Completion Certificate, speeding up verification of appraisal report conditions for construction or repairs. The platform cross-references MLS data and public records, allowing users to adjust property details and validate valuations with confidence.

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ESSA Bank to pay $3M to settle DOJ’s redlining allegations

Housing Wire

This resolution makes clear our commitment to holding banks and financial institutions accountable for modern-day redlining while ensuring access to fair lending in communities of color.” DOJ opened the investigation into ESSA after being referred by the Federal Deposit Insurance Corporation (FDIC).

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Please! Not Another Highest and Best Use Question?!

Appraisal Buzz

It’s already built, so what difference does it make about the feasibility of its construction as if new!? Since the house (and other vertical and horizontal improvements) already exist, financial feasibility of construction is not the issue. It is not a fixed cost of construction. This all seems silly to me! You are right!

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