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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. A greater likelihood of a home being valued over $1 million for homeowners and sellers translates into more money in their budget or real estate portfolio. 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

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection. Mold remediation.

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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?