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Record Share of Million-Dollar Homes Makes Buying More Challenging

Appraisal Buzz

Even more expensive properties are seeing price increases: In Q2, the median sale price of luxury homes in the U.S. Many Bay Area buyers–especially those without tech money–are getting more selective, jumping ship if a small problem comes up in, say, the inspection. reached a record $1.18 million, up 9% year-over-year.

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5 Contingencies You Should Never Remove When Buying a House

Realtor

Home inspection. A home inspection is the foundation on which all other real estate contingencies are built. In the inspection, a neutral expert assesses the home for roofing, plumbing, structural, electrical, and other major problems. Well water/septic system inspection. Mold remediation.

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Benefits of Appraising Luxury Homes

Appraisal Hub

Do you own a luxury property in Toronto? This is why you should consider getting help from appraisal firms that specialize in high-end properties. They have extensive experience in working with demanding clients with custom property appraisal requirements.

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Drones for Real Estate Photography and Appraisals

D Fritz Appraisals

First used to highlight luxury properties with state-of-the art video listings on real estate websites, the use of aerial drone photography and videography for real estate transactions is now commonplace. Drones Can Provide the Most Recent and Accurate View of a Property. What is Drone Photography?

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4 Top Reasons to Become a Luxury Home Appraiser

McKissock

“I always found dealing with the challenging and difficult properties the most rewarding. I found it fascinating, learning the luxury market—what drives value, what is expected at certain price points. And you get to inspect some amazing homes and meet celebrities and athletes, which is a bonus.” – Tom Kneesel, SRA, AI-RRS, Wisconsin.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) . >> Commercial real estate firm Berkadia projects about 21,700 apartment units will come online in 2024 across King and Pierce counties combined.