Wednesday, November 29, 2023 | The Latest Buzz for the Appraisal Industry

New Construction Home Volume for Sale in Q3 2022 Set Record High

Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction – the highest share of any third quarter on record, according to Redfin. That’s up from 25% in the third quarter of 2021 and 18% in the third quarter of 2020.

This dataset is seasonal, which is why Redfin compares the third quarter of 2022 with past third quarters. The share typically hits an annual peak in the first

This post was originally published on this site

Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

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Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

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