Today, its important to show some trends in home pricing that should demonstrate some causes for concern. According to the Federal Reserve, the median home sales price in 2022 was $457,475 with a REAL (aka adjusted for inflation) median income of $74,580 per household. This equates to an income to sales price ratio of 16%… Read more »
There are so many decisions to make when it comes to selling a house, not the least of which is when exactly to sell. You may be wondering if the timing of your sale can impact the price you can fetch for your property. Let’s look further into this interesting topic and explore whether the… Read more »
It’s no secret that COVID-19 had a major impact on just about every segment of the economy. The world of commercial real estate was certainly no exception. In fact, the ramifications are still being felt today, especially when it comes to valuation. But the impact was not equal and was not the same across the… Read more »
Interest rates are on the minds of many Americans as we enter a new year. Anyone who owns property, has a mortgage, or has taken out a loan of any kind in the past few years has heard all about increased interest rates. The question on the minds of many Americans is “when will we… Read more »
The improvements in drone technology in the past few years have changed the way business is done in countless fields across the global. The world of real estate is no exception here. Drones have completely changed real estate inspections, representing a major step forward. Here’s why: Enhanced Efficiency and Speed Traditional property inspections often involve… Read more »
Happy New Year from Atlas Valuation! 2024 is forecasted to be a “shaky” year for Real Estate and probably most asset sectors. Atlas Valuation will continue to watch the Chinese real estate market, which is forecasted to accumulate $4 trillion in banking/loan losses. If this number doesn’t mean anything to you, the 2008 Financial Crisis… Read more »
If you’re looking to buy a house basically anywhere in the United States, you’re probably well aware of the consistent rise in home prices over the past few years. They’ve been increasing for more than a decade now, but really started to skyrocket around 2020. Despite a brief slowdown in 2022, they are on the… Read more »
The COVID-19 pandemic had a major impact on nearly every aspect of American life. Even now, more than three and a half years removed from the initial lockdowns, those effects are still being felt. This is certainly true in the world of commercial real estate. Many who are invested in a commercial structure in one… Read more »
For many Americans, the home they own is their greatest and most important investment. When it comes to cashing in on that investment, they understandably want to make sure it’s the right time to do so. Whether you’re looking to downsize, upsize, move to another area, or just cash in on property you own, you’ll… Read more »
The affordability – or lack thereof – of housing has been a prominent issue in the United States for years now. People eager to buy their first home have been waiting since the COVID-19 pandemic began in 2020 for the market to slow down, ideally making buying a home more affordable. So, will we see… Read more »