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#marketconditions

Market Conditions Analysis: Should GSEs Require It?

Per FreddieMac (Scott Reuter, Chief Appraiser)[1] recently stated:  “Appraisers need to spend time on developing a market conditions analysis in the appraisal. It’s truly the backbone of the appraisal.” Per the Fannie Mae Selling Guide:  “The date of sale and the time adjustment (market conditions) are critical elements in determining an accurate value because the […]

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What is Market Conditions?

The conditions of the market, in real estate, means the relationship between supply and demand. Supply and demand issues (at a point in time) are particularly important for new construction.  In such cases, forecasting may also be important where build-out and rent-up times affect value. For existing properties, like houses, it seems much simpler, as […]

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