The Collier County Board of Commissioners voted 4-1 on Tuesday (10/24/2023) to approve plans for a new upscale apartment community along Vanderbilt Beach Road in Naples, Florida.

New data reveals an immense number of empty houses across major US cities. Over 5 million vacant units exist in the 50 largest metro areas, per the US Census Bureau. Florida cities like Miami and Tampa have especially high vacancy rates.

The process of purchasing a home has become extremely complex, frustrating many potential homebuyers. Experts point to numerous pain points in the current real estate market that make buying a house overly difficult.

New USPAP changes will go into effect on January 1, 2024. While most of the changes won’t have a significant impact on how appraisals are performed, it is important to know and understand them.

The effect of mortgage interest rates being at 20-year highs can have significant implications for the housing market and borrowers.

Whether you're a homeowner looking to increase your property's value or a buyer interested in understanding the impact of renovations, it's crucial to understand how appraisers evaluate improvements.

The duration of a real estate appraisal can vary depending on several factors. In this blog, we will explore the typical duration of a real estate appraisal process and factors that may influence its timeline.

When it comes to real estate, the adage "location, location, location" holds true.

Due to the rise of short-term rental platforms like Airbnb and VRBO, its critical to understand the disconnect between short-term rentals and residential valuation.

As the world becomes increasingly conscious of the environmental impact of our choices, the demand for energy-efficient and sustainable homes has grown substantially.

While it may seem like a minor detail, getting your home professionally measured before listing it for sale can make a world of difference in attracting potential buyers and ensuring a smooth selling process

Urban, suburban, and rural neighborhoods each have distinct features that can impact the appraisal process

In residential valuation, it is crucial to distinguish between excess land and surplus land when appraising a property

When it comes to determining the value of your home in a residential appraisal, several factors come into play.

When high home values financially constrain the ability or willingness for a change in housing needs, Economists refer to this situation as "golden handcuffs.”

While the core skills of appraising remain the same, new technologies are helping appraisers work more efficiently in today's fast-paced housing market.

In the dynamic world of real estate, understanding market trends is essential for buyers and sellers to make informed decisions

Understanding the relationship between housing supply, days on market, marketing time, and exposure time is crucial for buyers, sellers, and real estate professionals.

Preparing your property for an appraisal observation is a crucial step in ensuring a credible valuation process.

Appraisers with the SRA designation have demonstrated a high level of experience, education, and expertise in residential real estate appraisals.