Home builder sentiment has fallen to its lowest level since August 2020 due to rising construction costs pushing new home prices up. That has left some buyers sidelined while making it more difficult for builders to secure loans. The National Association of Home Builders/Wells Fargo Housing Market Index fell by two points to 81, below
Understanding the Home Appraisal Process
December 22, 2019 by
There are three types of home valuations: the Appraised Value, the Assessed Value, and the Market Value. Rarely are these three values the same. So it’s easy to confuse them when considering selling a home, obtaining a mortgage, refinancing, or contemplating the ongoing costs of ownership (such as taxes and insurance). Because of these differences,
Heartbreak Hotel Awaits Some Spring Home Sellers
January 24, 2013 by
Over the next few months, many sellers will have their hearts broken. This will be primarily self-inflicted but much of it enabled by collaborating real estate agents. The hurt will come as a result of the positive real estate news splashed across the headlines.
