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An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. I've since added more information and insights as the situation unfolds. This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. I'm sorry about the length of this piece but please read on.
The spring real estate market is quickly approaching. This can be good news for both buyers and sellers. The summer months typically bring higher sale prices to sellers. It also brings a better selection of homes to buyers. To illustrate seasonal variances, I will use statistics from Montgomery County, PA. I reside in Montgomery County and complete many house appraisals in this county.
Doing These Eight Things Will Help Increase Your Home’s Appraised Value. Looking for ways to increase the appraised value of your home? There are many things you can do to boost its overall value. The biggest things determining the value of your home are its location, its size, and the current market conditions. While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar.
Well, here we go a gain. In my previous blog posts titled “Round and Round” and “Pressure My Story”, I spoke to examples of how lenders and/or AMCs have been pushing and pressuring appraisers to hit certain values on transactions. If an appraiser did not hit these numbers, or make changes to make the transaction work in the lender’s favor, the appraiser would be threatened with non-payment, removal from appraiser panels, and/or blacklisted.
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.
This week some of our best and brightest agents hit Hilton Head, NC for the United Country Real Estate convention. Learning how to perfect his skills at selling specialty property ground is your Rick Theriault-Your Maine Real Estate Guide. Give him a call at 207.731.9902 and give him a chance to flex the new skills he has learned this week!
Realtors reported that seller traffic weakened in January 2019 compared to conditions one year ago. First, the number of movers has generally been on the downtrend since during 1985-1986. The decline in mobility rates is also reflected in the lower turnover rate, or the ratio of existing homes sold to owner occupied housing stock. Although sentiment was still above last month's low, the bounce-back from the end of the Federal shutdown faded in late February.
Realtors reported that seller traffic weakened in January 2019 compared to conditions one year ago. First, the number of movers has generally been on the downtrend since during 1985-1986. The decline in mobility rates is also reflected in the lower turnover rate, or the ratio of existing homes sold to owner occupied housing stock. Although sentiment was still above last month's low, the bounce-back from the end of the Federal shutdown faded in late February.
For the record, this is the first time I recall using the word "cognizant" on national television. A personal lexicon triumph. There has been a lot of fanfare about the new Related Companies ' Hudson Yards ' mixed-use development being created over the West Side Yard in Manhattan and is connected to ' The Highline. ' The centerpiece or "hook" is a $2 billion mall in the middle of the complex.
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