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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

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Things Builders Should Know About Spec Home Loans

Realty Biz

Development financing for larger new construction projects and alternative financing approaches should also be considered. Non-conventional financing solutions, such as loans based on bank statements or income-based loans, may also be viable options.

Loans 108
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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial.

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Homebuilders are at max capacity. And the housing shortage keeps widening

Housing Wire

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov.

Land 370
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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. Jeff Hicks, MAI, president of The Dohring Group and RealWired! Tampa, Fla.),

Lending 96
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Interview with an Appraiser: Market Value Isn’t Just What a Buyer Is Willing to Pay

HomeLight

Jamie: And then when I get back to the office, that’s when there’s a lot more work that’s involved, the inspection is really the easy part. If it’s a newer home or new construction, we’re going to also complete the cost approach. And so, that’s just for the sales comparison approach.

Marketing 110
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Portland Real Estate Market And Investment Overview 2020

Marco Santarelli

For Tenants: House Bill 4213 statutorily extends bans on both commercial and residential evictions for three months, until September 30, 2020. Many variables could potentially impact the value of a home in Portland in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing 126