North Texas Real Estate Appraiser News
2.0K views | +0 today
Follow
 
Scooped by Shannon Slater
onto North Texas Real Estate Appraiser News
Scoop.it!

Texas real estate soars in 2014

Texas real estate soars in 2014 | North Texas Real Estate Appraiser News | Scoop.it
Riding a wave of population, job and economic growth, 2014 was a very good year for Texas housing and real estate. And there's more where that came from.
Shannon Slater's insight:

Texas has had a great year of growth and the trend is expected to continue. 

more...
No comment yet.
North Texas Real Estate Appraiser News
Your new post is loading...
Suggested by Bill Gassett
Scoop.it!

Selling a House Empty vs Occupied

Selling a House Empty vs Occupied | North Texas Real Estate Appraiser News | Scoop.it
What are the pros and cons of selling a home vacant vs occupied? See the advantages and disadvantages of selling a home occupied and empty.
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Moving to a Home with the Greatest of Ease

Moving to a Home with the Greatest of Ease | North Texas Real Estate Appraiser News | Scoop.it
Are you considering moving and have disabilities? This post can guide you through moving with disabilities.
Shannon Slater's insight:
Are you considering moving and have disabilities?  Do you know the additional considerations needed for someone with physical limitations?  Our latest blog post is a guest post written by Patrick Young who is for people with disabilities.
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Up, Up, and Away- A Look back at 2017 Markets

Up, Up, and Away- A Look back at 2017 Markets | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
As real estate appraisers, we continually watch and analyze real estate markets. We will look at what is happening locally in our markets as well as regionally and nationally. The National Association of Realtors reported in their last report that existing home sales are up 5.6% and reached their strongest pace in almost 11 years. It appears that in many markets throughout the US low inventory has been pushing prices upward. This post takes a look at our local markets in North Texas. 
 
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

Mortgage Tips for First Time Buyers

Mortgage Tips for First Time Buyers | North Texas Real Estate Appraiser News | Scoop.it
See the best mortgage tips for first time home buyers. Use these first time home buying tips to make smart decisions when purchasing your first home.
Shannon Slater's insight:
Great advice for first-time home buyers! 
 
more...
Bill Gassett's comment, November 27, 2017 4:02 PM
Thanks for the Scoop Shannon!
Shannon Slater's comment, November 27, 2017 4:09 PM
You're welcome!
Scooped by Shannon Slater
Scoop.it!

Hurricane Harvey Disaster Resources Guide Where to Find Help on the Road to Recovery 

Hurricane Harvey Disaster Resources Guide Where to Find Help on the Road to Recovery  | North Texas Real Estate Appraiser News | Scoop.it

Real Estate Center at Texas A&M University, helping Texans make better real estate decisions.

 
Shannon Slater's insight:
The Real Estate Center at Texas A&M University has put together a very helpful resource guide for Hurricane Harvey Disaster.  Please share with those that may have been impacted. 
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Hurricane Harvey Impacting Texas

Hurricane Harvey Impacting Texas | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
Our thoughts and prayers for those impacted by Hurricane Harvey. Our August newsletter covers some of the impacts of Harvey and ways we can help. We also take a look at the housing markets which are slowing a bit but are still up from the same time last year.
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Article - Real Estate Center

Article - Real Estate Center | North Texas Real Estate Appraiser News | Scoop.it

Since 2012 Texas housing prices have been rising faster than incomes (Figure 1). Rapid home price increases affect the stability of the fundamental relationship between income, demand and supply, and home prices. Home price increases should be based on fundamentals.

 
Shannon Slater's insight:
It has been concerning that home prices are rising at a faster rate than wages.  This article from the Texas Real Estate Center takes a look at what is going on in the Texas markets.  Are we in a bubble? 
 
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

How to Handle Multiple Offers Selling My House 

How to Handle Multiple Offers Selling My House  | North Texas Real Estate Appraiser News | Scoop.it
How to handle multiple offers and bidding wars on my home is a question lots of owners ask real estate agents in a hot seller market. Here is how to deal.
Shannon Slater's insight:
Great information about how to handle multiple offers on a property.  Sometimes the highest offer may not be the best offer and pay attention to the section about is the home worth the high offer. Unless the buyer is paying cash, the lender will need an appraisal done and the appraisal may not come in at the amount offered if it is too high over the rest of the homes in the market.
 
more...
Bill Gassett's comment, August 3, 2017 1:24 PM
Thanks for the share @Shannon Slater
Scooped by Shannon Slater
Scoop.it!

Why Do I Feel Like Somebody's Watching Me?

Why Do I Feel Like Somebody's Watching Me? | North Texas Real Estate Appraiser News | Scoop.it
Someone taking photos or your house? No worries, new homeowners need not be concerned about someone driving by and snapping a quick photo of your home.
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

What Determines if a Room Can be Called a Bedroom

What Determines if a Room Can be Called a Bedroom | North Texas Real Estate Appraiser News | Scoop.it
What is the legal requirement for a bedroom? Find out what can be considered a bedroom and what can't. Don't get caught misrepresenting your bedroom count.
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

Tax Deductions For Home Buyers

Tax Deductions For Home Buyers | North Texas Real Estate Appraiser News | Scoop.it
What are the home buying tax deductions you can claim? Find out by using the home buying tax deductions check list I have put together for you!
Shannon Slater's insight:
Just in time for tax season, Bill Gassett has an informative post for home tax deductions.
 
more...
Bill Gassett's comment, March 28, 2017 9:08 AM
Thanks for the Scoop @Shannon Slater!
Janet Howcroft's curator insight, March 30, 2017 7:24 PM

What are the home buying tax deductions you can claim? Find out by using the home buying tax deductions check list I have put together for you!

 - March 27
Bill Gassett's comment, April 1, 2017 7:12 AM
Thanks for the scoop Janet!
Suggested by Bill Gassett
Scoop.it!

Smart Questions to Ask Before Buying New Construction

Smart Questions to Ask Before Buying New Construction | North Texas Real Estate Appraiser News | Scoop.it
What are the most important questions to ask when buying new construction? Find out all the answers to these smart questions when buying a new home!
Shannon Slater's insight:
Are you thinking about buying a new home? Here is a great list of questions to ask when considering new construction from Bill Gassett. 
 
more...
Bill Gassett's comment, February 21, 2017 11:17 AM
Thanks for sharing the questions to ask when buying a new home @Shannon Slater!
Shannon Slater's comment, February 21, 2017 11:45 AM
You're welcome. Great info!
Suggested by Bill Gassett
Scoop.it!

Issues to Disclose When Selling a House

Issues to Disclose When Selling a House | North Texas Real Estate Appraiser News | Scoop.it
What do you have to disclose when selling a house? See a comprehensive list of what may or may not need to be disclosed when selling a home.
Shannon Slater's insight:
Do you know what to disclose when you are selling a home? Here is a very thorough list of items that may or may not need to be disclosed. 
 
more...
Bill Gassett's comment, February 7, 2017 11:40 AM
Thanks for the Scoop @Shannon Slater!
Janet Howcroft's curator insight, February 9, 2017 8:16 AM

Home prices increased 7.2% annually in December, and 0.8% from the previous month, according to the CoreLogic Home Price Index.

 - February 7
Scooped by Shannon Slater
Scoop.it!

February Newsletter

February Newsletter | North Texas Real Estate Appraiser News | Scoop.it
It is February- that time when the weather vacilates between warm and pleasant, then cold and unpleasant. This picture was taken yesterday as we had ice on the trees but not on the ground. Pretty, but we lost power and several large tree limbs. My son couldn't understand why were weren't getting snow or ice on the ground. I told him that I didn't fully understand as I am not a meteorolgist. I did know that it had to do with all of the factors that create snow or ice on the ground were not in place. Isn't that the same for the real estate market? You need several factors in place before true trends and changes begin to emerge. When looking at the numbers in our market for January, we are seeing that the median sales price has declined since the month prior. Are we headed for a slow down in the market? Is this the start of a new trend? Well, as you will see in the charts below and looking at the trend history, January has been the slowest month with lower volume and sales. When comparing where the markets were at the same time last year, all four counties are still up. Here are the numbers:
Shannon Slater's insight:
Denton, Collin, Dallas & Tarrant Counties show a decline in median sale price from last month. What does this mean? Is it a trend? Read our monthly newsletter for more information about our North Texas markets.
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

5 Common Appraisal Questions Answered

5 Common Appraisal Questions Answered | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
What kind of questions do you have about appraisals?  in this post, we decided to revisit some of the most common questions that we are asked. 
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Best Appraisal Blog Posts of 2017

Best Appraisal Blog Posts of 2017 | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
There are some wonderful real estate appraisal blogs that I read. Some are geared towards consumers of appraisals, some to real estate agents, some to real estate appraisers or others in related fields. In 2016 we showcased some of the best appraisal blogs at Top Real Estate Appraisal Blogs. As we finish out 2017, I thought it would be great to highlight some of the best articles of the year. I have included one post from some of the blogs that I follow and I will admit that for some of the blogs it was difficult to choose just one post.
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Why do I need an appraisal?

Why do I need an appraisal? | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
Why do you need an appraisal? My latest blog post discusses 5 reasons why you might need a real estate appraisal. 
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Donate to the Hurricane Harvey Relief Fund - a la mode

Donate to the Hurricane Harvey Relief Fund - a la mode | North Texas Real Estate Appraiser News | Scoop.it
Join a la mode in raising money for those affected by Hurricane Harvey. We're donating $100,000, collecting supplies, and providing help for appraisers in need.
Shannon Slater's insight:
Many have wanted to help appraisers or others in related professions affected by Hurricane Harvey. Alamode is really taking the lead here. 

 Per their website: "If you know of appraisers, agents, mortgage professionals, or inspectors affected by this, and who need help rebuilding, let us know and tell them to contact us at 1-800-ALAMODE or email relief@alamode.com. We can and will help, as we did after Katrina, Sandy, and other natural disasters"

You can also donate directly to their relief efforts. 100% of the donations go to helping.
 
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

Open House Myths Sellers Should Know

Open House Myths Sellers Should Know | North Texas Real Estate Appraiser News | Scoop.it
See 7 open house myths you should never believe. Lots of real estate agents want you to think open houses are necessary to sell a home. They are not!
more...
Shannon Slater's comment, August 30, 2017 10:41 AM
Sure thing! Thanks!
Janet Howcroft's curator insight, September 3, 2017 7:53 AM

See 7 open house myths you should never believe. Lots of real estate agents want you to think open houses are necessary to sell a home. They are not!

 - August 21
Bill Gassett's comment, September 4, 2017 2:38 PM
Thanks for the Scoop @Janet Howcroft!
Scooped by Shannon Slater
Scoop.it!

Real Estate Terms Buyers and Sellers Should Know

Real Estate Terms Buyers and Sellers Should Know | North Texas Real Estate Appraiser News | Scoop.it
What are the real estate terms buyers and sellers should know? See a comprehensive list of must know terms when buying or selling a home.
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

How Do Appraisers Determine Depreciation?

How Do Appraisers Determine Depreciation? | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
The other day we were asked a question about what the percentage of depreciation would be for a foundation on a home. Unfortunately, there is not a simple answer to that question and I couldn't just give a quick percentage number for determining depreciation for the foundation. My latest blog post discusses the answer to this question
 
more...
Tom Horn-Real Estate Appraiser's curator insight, August 3, 2017 9:35 AM
I got a call the other day about depreciation. Depreciation is not the easiest thing to explain but appraiser Shannon Slater does an excellent job. So, if you are a homeowner or agent and would like to know how appraisers consider depreciation this is a must read.
 
Scooped by Shannon Slater
Scoop.it!

Real Estate Center Article

Real Estate Center Article | North Texas Real Estate Appraiser News | Scoop.it
This is the second article of two focusing on Texas commodities (most notably oil, cotton, cattle, and corn) and how the prices of those products affect land price
 
Shannon Slater's insight:
This is a very interesting read on a study of the correlation between Texas commodities and the price of rural land prices.  
 
more...
No comment yet.
Scooped by Shannon Slater
Scoop.it!

Appraising Equine Properties

Appraising Equine Properties | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
Do you have an equine property? Here are some things that appraisers consider when appraising equine properties. 
 
more...
No comment yet.
Suggested by Bill Gassett
Scoop.it!

Best Tips on How to Sell Luxury Homes

Best Tips on How to Sell Luxury Homes | North Texas Real Estate Appraiser News | Scoop.it
See the best tips for selling a luxury home. Knowing how to sell luxury real estate can go a long way to achieving success with a high-end property.
Shannon Slater's insight:
At the DW Slater Company, we appraise waterfront properties. Bill Gassett has some great tips for selling your waterfront home. From an appraiser's point of view, tip #2 is very important. 
 
more...
Bill Gassett's comment, March 9, 2017 11:22 AM
Thanks for sharing @Shannon Slater!
Scooped by Shannon Slater
Scoop.it!

Can an Addition to a Manufactured Home be Included in the Living Area?

Can an Addition to a Manufactured Home be Included in the Living Area? | North Texas Real Estate Appraiser News | Scoop.it
This Blog from the DW Slater Company which provides residential and commercial real estate appraisals for North Texas
Shannon Slater's insight:
We were recently asked this question about including an addition to a manufactured home in the total living area.  There are four conditions that need to be met in order for the addition to be included. Read more to find out if your addition can be included. 
 
more...
No comment yet.