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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. Landlords cannot raise rents by more than 10% until then. California is also prohibiting unsolicited offers below market value.

Realtors 344
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What are the drivers of housing demand in 2022?

Housing Wire

NAR data shows that first-time buyers have overcome rising home prices to patch together a downpayment, through diversifying their downpayment source, using savings, downpayment help from family and friends and stock market/401k loans to assist in their path to ownership.

Buyers 488
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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

Then, you multiply your numbers by the Gross Rent Multiplier to arrive at the property’s fair market value. It’s generally the most accurate approach to determining how much the landlord can charge for rent after purchasing the property. For some multifamily properties, you’ll find that the income approach works the best.

Appraisal 397
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Values. Prospective Market Value As Completed and As Stabilized.

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What To Do When You’ve Inherited Property

D Fritz Appraisals

You will be taxed on the “ Fair Market Value ”, at the time of inheritance to the time you decide to sell. In theory, you would owe capital gains tax on the difference between the value of the inherited home, and the fair market value of the home when you chose to rent the property out. Real Estate Inheritance Tax.

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How the Commercial Real Estate Market Is Adapting to Post-Pandemic Needs

McKissock

How Will the Hybrid Model Affect Commercial Market Value? As a result, leasing revenue will decrease , which also reduces their buildings’ market value. In some cases, landlords may need to repurpose some of the building space to use as residential housing in locations where it would make sense.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Clarify What Value or Values are Needed. Prospective Market Value As Completed and As Stabilized. This simple step ensures the proper bid request is made.