by Richard Hagar, SRA
“There are changes afoot that lenders and appraisers should be aware of due to the impact on lending and the value of residential properties. However, these changes don’t seem to align with the type of properties Americans desire to live in. Allow me to look back at history before I explain the attack.
Currently, single-family homes represent the majority of housing types all across the U.S. According to the U.S. Census Bureau, as of 2013 single-family homes (SFH) account for 73.6 percent of all housing units (including 6.3 percent mobile homes and 5.8 percent townhomes) while multi-family housing represents 26.2 percent…”
