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After the publication of the Elliman Report for Q2-2019 Manhattan Sales , I was asked to join Cheddar anchors Kristen Scholer and Tim Stenovec on the floor of the exchange on Wednesday morning. When I came through security, the guard at NYSE asked me “when was the last time you visited the NYSE?” and I said, “about 10-12 years ago.” He looked it up to confirm and deadpanned, “I’ll bet you remember that I was the guy that took your picture in 2007, right?!?!
The South Portland neighborhood is one of Portland’s waterfront communities, bordering the Willamette River. It is connected to the east side of the city via four bridges and boasts some of the city’s modern skyscrapers—including the John Ross Tower , Portland’s largest residential structure. Shopping, fine dining, numerous parks, recreation, OHSU with its aerial tramway, and major employment centers are all features of this dynamic neighborhood.
The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. The median home and condo prices in the U.S. have dramatically risen, reaching a record high in early 2019. Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds).
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the property. However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another
Typically when you sell a service, you include an invoice to the buyer or consumer for the services you provided. This invoice lays out the products sold, the quantities, and services provided as well as the price or fee charged. The invoice is a vital part of any business. It is an official document that businesses use to show the terms of the agreement, it specifies the buyer of the product or services, and it documents the terms of payment.
Typically when you sell a service, you include an invoice to the buyer or consumer for the services you provided. This invoice lays out the products sold, the quantities, and services provided as well as the price or fee charged. The invoice is a vital part of any business. It is an official document that businesses use to show the terms of the agreement, it specifies the buyer of the product or services, and it documents the terms of payment.
Everyone has advice about the real estate market, but not all of that unsolicited information is true. So when it comes time to list your home, you'll need to separate fact from fiction. Below we’ve identified the top five real estate myths - and debunked them so you can hop on the fast track to selling your property. 1. I need to redo my kitchen and bathroom before selling.
A more challenging fix-and-flip market appears to be emerging via the latest data from ATTOM Data Solutions, but digging into the data shows there are still some significant opportunities for experienced real estate investors. Interestingly, the total dollar volume of financed home flip purchases in 2018 was $19.9 billion, up 8 percent from $18.5 billion in 2017 — the highest dollar volume since 2007, according to ATTOM Data Solutions.
Appraisers endeavor to take the measure of a neighborhood with a variety of charts and graphs. It helps them to frame the value opinion and see how the subject property relates to the neighborhood or market area as a whole. . A histogram is a graphical display of data using bars of varying heights. In a histogram , each bar groups data for a single variable into ranges (or bins).
The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. The median home and condo prices in the U.S. have dramatically risen, reaching a record high in early 2019. Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds).
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. However, given current changes in the valuation space, nothing is further from the truth: valuation, specifically the collection of data that supports a valuation met
Ladd’s Addition is a unique historic district in the city of Portland that is known for its diagonal street pattern radiating from a central park spoke—the Ladd Circle Park & Rose Gardens. Ladd’s addition is named after the 19th century Portland mayor, William S. Ladd. This historic district is part of the Hosford-Abernethy neighborhood.
DTI, PMI, LTV … TBH, it can be hard to keep all this stuff straight. This lexicon of real estate terms and acronyms will help you speak the language like a pro. Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as wel
A home is often the biggest financial investment you'll make in your lifetime. In fact, a recent Zillow analysis reports that the typical American homeowner has 40% of their wealth tied up in their home. Several years ago, I wrote a complete guide to financial planning on one index card, which went viral and later became a book: " The Index Card: Why Personal Finance Doesn't Have to Be Complicated " (co-written with Helaine Olen).
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Disneyland, the beach, camping … just a few of the many places your kids would nominate as a vacation destination this summer. But staying home? B-O-R-I-N-G. So how do you sell a staycation to your little ones? And not spend a ton of money? Fill it with fun and adventure. Check out these eight kid- and budget-friendly ideas that will make your summer staycation just as lively and memorable as any trip.
There are certain things you can do as a real estate investor to help manage your tax bill and maximize your after-tax return on investment. To do so, however, you need to understand the primary ways in which investment real estate portfolios get taxed. You must also have a general grasp of some abstract concepts like calculating your tax basis, as well as the depreciation of capital investments.
We've all heard home-buying horror stories. Sellers backing out or financing falling through can quickly kill a deal. But these snags don't hold a candle to buying a "stigmatized" home. A home where paranormal activity, suicide, murder, cult activity or other misfortunes and crimes took place could be categorized as a stigmatized property. In real estate terms, a stigma refers to an intangible attribute of a property that may prompt a psychological or emotional response on the part of a potentia
Buyers and sellers sometimes have the option of entering into a dual agency relationship with their real estate agent. Although this is not necessarily a problem, you should be aware of exactly what a dual real estate agency means and the restrictions it can place on your agent. What is a dual real estate agency? The term "agency" refers to the relationship that you, as a buyer or seller, have with your real estate agent.
If you want to attract millennials to your home flip or rental property investment, it’s a good idea to understand where this generation prefers to live and what they value in a neighborhood and in a home. While each renter or homebuyer is unique, housing experts have parsed renting and homebuying data to get insight into generational trends. The National Association of Realtors produces an annual generational trends report.
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