Design Market Value Reference 
Housing Wire
MAY 18, 2021
The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” For reference, a recent study from the National Association of Home Builders found that lumber prices are adding an average of nearly $36,000 to the cost of a new build.
Housing Wire
DECEMBER 10, 2021
In the secondary market, these non-QM loans are in demand this year and are expected to continue propelling the growth of private-label securitizations in the year ahead, according to Dane Smith, president of Versus Mortgage Capital. “We So far this year, the company has brought seven non-QM private-label deals to market valued at nearly $2.5
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Appraisal Buzz
MAY 24, 2021
Reproduction refers to how much a replica would cost to build. If you can’t find comparable buildings in the designated area, you should use the income approach to assess the property’s value. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood.
Miller Samuel
MARCH 19, 2019
This position seems to be derived from one of only two references cited in the FPI white paper , a fun New York Magazine cover story by Andrew Rice. That article came out in 2014 right as the housing market was peaking. The market value of these properties will be based on a "comparable sale-based valuation method."
Housing Wire
AUGUST 3, 2023
Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. These are large language models (LLMs). What is next?
CA Realty Training
JULY 12, 2021
In exchange for this, the homeowner gets compensated with the property’s fair market value. Once they have identified a specific property, an agent will evaluate it to determine its fair market value. After the fair market value is determined, the offer gets presented to the owner. But what does it mean?
Padove Appraisal Service
JANUARY 14, 2018
Chronological age refers to the actual age of the dwelling. Effective age refers to how old the structure appears to be or “feels.” Updates refer to the physical condition of the home, while upgrades refer to the quality of construction materials used. These sales provide insight into actual market reactions.
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