housing permits

Tax Assessed Value as Yellow (or Red) Flag

List Price = $800k, Tax Value = $400k As I’ve written previously, a home’s tax assessed value isn’t particularly relevant for establishing a home’s actual, what-will-it-sell-for market value. Rather, fair market value is determined by: a) scrutinizing the comp’s, or comparable sold properties, to set a list price; then b) testing it on the market....
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New vs. Existing Housing

“How’s the Housing Market?” — Vol. 27 “Where” (location) is certainly one of the key qualifiers for anyone seeking to divine the health and direction of the housing market. But so is “what?” — as in “what kind of housing?” In the housing market, the key distinction is between existing and new housing. Conflicting Signals...
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