Housing Wire

OCTOBER 5, 2024

The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2% move lower since the highs of 2023 without rate cuts, as the bond market always gets ahead of the Fed. Since the Fed rate cut, we’ve also seen significant economic data lines beat estimates: housing starts, retail sales, industrial production, GDP and labor data all came in better than expected.

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Mortgage Inventory New Listings Retail 511

Real Estate News

OCTOBER 5, 2024

Christie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.

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Brokerage Real Estate Business Mortgage 261

Inman

OCTOBER 5, 2024

As the trade group's chief legal officer exits, the National Association of Realtors prepares to evaluate its legal exposure and develop a litigation strategy. Is it too little too late?

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Legal Realtors Development Brokerage 183

Mores Appraisal Group

OCTOBER 5, 2024

When it comes to commercial property valuations, understanding the unique features and operational capabilities of a building is crucial. Recently, we conducted a detailed appraisal of a 16,000 square foot single-tenant warehouse located in the City of Commerce. Property Highlights: Dock-High Design: The warehouse features a dock-high loading area, facilitating efficient logistics and distribution.

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Tenants Logistics Property Appraisal Valuation 36

Inman

OCTOBER 5, 2024

You can't be both a victim and a victor. Better Homes and Gardens Real Estate President Ginger Wilcox writes that mindset makes all the difference in your outcomes.

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Real Estate Brokerage Agents 174

Mores Appraisal Group

OCTOBER 5, 2024

We recently appraised a 27,000 square foot commercial cannabis facility in the Coachella Valley, Riverside County. This modern property, valued under both Fee Simple Estate and Liquidation Value scenarios, is versatile for various cannabis-related uses, including: Marijuana Non-Storefront Retail Facilities Cultivation Facilities Manufacturing Facilities Testing Laboratories Distribution Centers Micro-Business Facilities Appraisal Details: Fee Simple Estate Value: Represents the property’s

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Appraisal Modernization Retail Property Appraisal 36

Mores Appraisal Group

OCTOBER 5, 2024

A 25,000 square foot multi-tenant industrial building in the City of Duarte was recently valued for estate planning purposes. This property includes 12 individual tenant units, each featuring a roll-up loading door and a compact office area. Key Features of the Property: Tenant Configuration: The building is divided into 12 separate units, allowing for versatile industrial and office space usage.

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Tenants Appraisal Property Management Valuation 36

Mores Appraisal Group

OCTOBER 5, 2024

Understanding the value of residential properties is crucial for effective estate planning. Recently, we performed a detailed appraisal of a 20-unit residential apartment building in the City of Norwalk. This assessment focused on determining the retrospective value of the property, incorporating various relevant factors. Key Features of the Property: Unit Configuration: The building consists entirely of two-bedroom units , providing uniform rental options throughout the property.

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