Well, I’m sure you have heard about the 115-acre tract that sold for $4,002,000 or $34,800 per acre in Saline County. Now everyone throughout the Midwest is going to think their farm is worth $35,000 per acre. The only question I have is, “Are they wrong?” Read this month’s blog post for the answer.
Read MoreWhat are interest rates expected to do in 2023, and what does that mean for real estate prices? Read this month’s blog post to find out.
Read MoreWhile searching for market sentiment data, I discovered the 2023 Real Estate Market Sentiment Survey by Seyfarth Shaw LLP. Read this month’s blog post to see the results.
Read MorePotential buyers and sellers appear to be bracing themselves for a crash. Read this month’s blog post to see how true this might be.
Read MoreTime seems to have sped up over the past two and a half years. Market participants are noticing that changing trends that would have taken months or years to work out in the ‘before time’ are now being compressed into a matter of weeks. Read this month’s blog post to see how we respond to this kind of market.
Read MoreThe Federal Reserve raised its benchmark interest rate again this month. Read this month’s blog post to see how this affects you.
Read MoreWhile large-scale farming may be where the big money is, many people don’t realize how rewarding a small-scale farm can be. The rewards can be just as large, maybe not monetarily, but in many other ways. Read this article to learn more.
Read MoreInvestment companies like BlackRock were recently in the news due to their large purchases of residential real estate. How can these large companies afford to pay full price for homes in a seller’s market?
Read MoreLocally, housing prices have spiked. What was previously a steady market that saw a modest increase year-over-year transformed rapidly into a seller’s market. Many months later, it is widely understood that this is a good time to sell and a tough time to break into the market. Many have asked us what happens next. Questions like “How long can it stay this hot?” and “When will the bottom fall out of the housing market?” are common. Read our newest blog post for the answers.
Read MoreIf you have tried to order an appraisal since March 2020, you know to expect a long waiting period—or perhaps higher fees if you insist on a rush order. While that is both evident and frustrating to everyone involved, appraiser and customer alike, you may not realize exactly how overwhelmed the appraisal industry has been. This month’s blog post seeks to give you a better idea of the struggle.
Read MoreOver a year ago, we posted a blog entry called “How Appraisers Are Adapting During COVID-19”. Now, we are beginning to see a “light at the end of the tunnel” as the virus starts to diminish. We thought it might be interesting to see what factors might change back again and what factors might stay the same.
Read MoreIn 2020, we learned to adapt to many unique conditions, policies and lifestyles, so we could still offer an accurate and timely service to our clients. We also saw some good changes and trends in the past year. Good and bad, this is what we saw.
Read MoreThe right planning, management, and technology systems can free up hours every day for you to focus on the human side of the business, streamline tasks, and save money and aggravation. Here are ways today's brokers and agents are using creative management techniques and automation to grow their businesses.
Read MoreAppraisers, just like many others in the industry, have had to make changes and adapt to the current situation. Here are the many ways COVID-19 has affected their day-to-day operations
Read MoreOriginally Appeared on PropStream - Click Here.
When times are tough, great real estate brokers and agents get creative. Although the COVID-19 pandemic will have a significant impact on both commercial and residential real estate, innovative, creative, and service-oriented brokers are turning to technology and their people skills to keep deals flowing.
Why, then, are real estate prices so high? In my opinion, it’s the inflation. And I don’t just mean price inflation, I mean the actual definition of inflation – an increase in the money supply.
Read MoreOn January 26th, Fannie Mae made Collateral Underwriter (also known as CU), available to lenders as a way to evaluate appraisal reports and determine the risk that the appraisal may be overvalued.
Read MoreThere is a lot happening in the real estate market these days. I’m sharing a few articles I know you will find interesting.
Read MoreCapitalization rates, or as many professionals refer to them, cap rates, is a concept in real estate which allows analysis of a property’s value and performance.
Read MoreBitcoin is the first successful digital currency. Instead of physical coins or paper bills, this currency is represented as a long string of numbers and letters.
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