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The projected slowdown could also reduce demand for new construction even though experts estimate our national housing shortage is about 4M units today. The researchers acknowledge that with such a steep housing shortage, the construction levels could be higher than their stark projections. Insert audible gasp here, perhaps?
There may be seminars available. In contrast to Value Acceptance, most homeowners are familiar with Mass Appraisal, the approach commonly employed by County Assessors for propertytax purposes. Later a conventional commercial building was constructed. = You may have some similar rural experience now!
Now is the time to learn all the features in your MLS and forms software, upgrade your skills by taking seminars and classes, and more. He bought the plane for $100,000 in 1999 and spends $370/month on propertytaxes and electricity. What are you planning to do in 2023? The future of residential appraising. Humor for Appraisers.
Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. New construction is not likely to keep up with demand and bring that median age [of a home] down. A 2021 survey showed nearly half of U.S.
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