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

Housing Wire

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” Dietz concurs, adding that two-thirds of homebuilders say lot inventories are “low or very low.” “And So that’s a further headwind.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

A man in Iowa in the late 1800s would get a loan from the bank, take a train to Chicago, purchase a home, come back and the house is delivered, and his neighbors help him assemble it.”. The lightwood frame was one of the greatest inventions they had at the time,” McCoy said. “A That frame was such a great invention it dominates to this day.

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How to Identify a Residential Complex Property

McKissock

If you ask appraisers to provide examples of complex appraisal assignments , many will focus on commercial or mixed-use properties or two- to four-family properties. A new construction house that is over-improved for its market (luxury homes). A house situated on a commercially-zoned site. The property is banked owned.

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Lawrence Yun’s Real Estate Market Forecast (and why he called out the Fed)

Broke Agent Media

Yun’s forecast for the commercial real estate market includes a decrease in valuations of commercial properties and a decline in total transactions. Lawrence Yun, NAR’s Chief Economist, took to the stage to discuss the current real estate market, and what he forecasts for the residential and commercial real estate markets.

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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.

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5 Things to Know About Real Estate Market Cycles

Realty Biz

The Four Phases of the Real Estate Market Cycle The four phases of the real estate market cycle can be characterized as: Recovery The recovery phase typically begins after a low point in a recession phase, when occupancy and rental rates are low and new construction is stagnant. The tips we've covered are general guidelines.

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