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.
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?
Birmingham Appraisal
MAY 2, 2023
This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time. The appraiser will review a variety of data sources to determine the market value of the property as of the effective date of the appraisal.
McKissock
SEPTEMBER 10, 2020
Business components in special purpose properties are often referred to as “intangibles.” For more information on intangibles, please refer to this whitepaper: Understanding Intangible Assets and Real Estate: A Guide for Real Property Valuation Professionals by the IAAO Special Committee on Intangibles. Intangibles.
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