mortgage-orb
After tumbling more than 16% in April, new home sales rebounded in May, rising 10.7% to reach a seasonally adjusted annual rate of 696,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
However, new home sale were down 5.9% compared with May 2021.
The median sales price of a new home sold in May was $449,000. The average sales price was $511,400.
As of
The eminent domain market is a topic of significant importance today. Infrastructure development initiatives have surged, driving the demand for eminent domain proceedings nationwide. Evolving
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include funny Buzztoon comics,
One of the first and most basic set of formulas an appraiser learns when introduced to the income capitalization approach and direct capitalization, is I-R-V.
I recently attended the webinar hosted by Appraiser eLearning regarding how to handle properties being used for short term rentals (STRs) in the context of
