Remove Due diligence Remove Inspection Remove New Construction
article thumbnail

Investing Outside Your Home Market? Do This First.

AAOA

You drive past new construction on the way to work, overhear parents talking about school quality at the grocery store, and know whether downtown traffic is steadily increasing or tailing off. Scan the new construction pipeline. Click here to download full due diligence checklist. Ask tough questions.

article thumbnail

24 Florida Housing Markets Could See Home Prices Drop by Early 2026

Marco Santarelli

Others might be experiencing a slowdown in retiree demand or an increase in new construction finally catching up. The days of having to make an offer in 5 minutes with no inspections are hopefully behind us in most areas. It's likely a mix of reasons. Some may have seen prices get particularly ahead of local incomes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Texas Housing Markets at High Risk of a Home Price Crash

Marco Santarelli

Supply and Demand Imbalances: Sometimes, a rush of new construction (perhaps during a boom period) can lead to an oversupply of homes if demand doesn't keep pace. Due Diligence is Key: Scrutinize the local job market, understand why prices are falling, and get a thorough home inspection.

article thumbnail

5 Housing Markets in Texas Facing High Risk of Double-Digit Price Crash

Marco Santarelli

Supply and Demand Imbalances: Sometimes, a rush of new construction (perhaps during a boom period) can lead to an oversupply of homes if demand doesn't keep pace. Due Diligence is Key: Scrutinize the local job market, understand why prices are falling, and get a thorough home inspection.

article thumbnail

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.

article thumbnail

Appraising New Construction: Guidance for Follow-Up Inspections

McKissock

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Inspection during construction.

article thumbnail

Should You Get a New Construction Home Inspection? Our Best Buyer Advice

HomeLight

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. Clearly, you’d do your due diligence on its condition before you commit to purchasing it at a given price. Find Agent The answer is yes: Experts say you really should get a home inspection on a new construction home.