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How to Get a Land Appraisal Near Me

Maximum Exposure Real Estate

A land appraisal is a process of assessing the value of land. Like a property appraisal, a land appraiser will research the land and compare it to other similar land parcels sold in the general area. Land appraisals can […].

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Survey: High mortgage rates are keeping many Americans from buying a home

Housing Wire

If we can achieve a true soft landing [for the economy], which it looks like we might be able to pull off, then … rates will start to kind of slowly go down,” said John Toohig, the head of whole loan trading at Raymond James. But it’s not a slam dunk, don’t get me wrong. For the housing market, this is the bottom; we’ll get past this.

Mortgages 380
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Inflation data still pointing toward rate cuts in 2024

Housing Wire

Why the Fed will cut rates in 2024 It’s a simple premise for me: the Federal Reserve over-hiked because they panicked toward the end of 2022 going into 2023. This means the Fed is still restrictive, and if they want a soft landing, they’re going to cut rates in 2024. As shown below, we have room to go lower in shelter.

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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

” I wrote a detailed article on Friday analyzing the jobs report , and showing how the latest labor data gives the Federal Reserve a pathway to land the plane if they want. Imagine if mortgage rates stayed near 6% for a year — mortgage demand would grow and we wouldn’t need tax credits to boost demand for existing homes.

Mortgages 486
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Opinion: Real estate brokerage consolidation opportunities abound

Housing Wire

Not immune to downturns Now don’t get me wrong, these growth-minded firms I’m referring to are not immune to downturns. Whether tomorrow, six months from now, or two years from now, we expect a large contingent of these smaller firms will be looking for a good place to land. Like nearly all firms, their revenues are down.

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Core inflation makes the case for a Fed pause

Housing Wire

I talked about this on CNBC when they asked me to forecast the reality of rent inflation in 2023. Yes, today’s jobless claims data came in good again as the four-week moving average of jobless claims is near 200,000 — not close to my Fed pivot level of 323,000. percent in August, the U.S. You’re done.”

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DataDigest: Water wars in the Southwest

Housing Wire

But limiting land supply typically means home and land values shoot up. The ruling had no effect on the ability of local towns and cities to grow in the near term. Growth will continue, at least in the near- and medium term. Share your thoughts with me at james@hwmedia.com. year-over-year as of April?

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