[Name], estimating replacement cost and depreciation, and consumer sentiment.  

Your first tuesday real estate news
Week of February 24, 2020

The slowing trend in California construction starts
Single family residential starts were 5% above one year earlier in the six-month phase ending December 2019.

Current market rates
The average 30-year fixed rate mortgage rose slightly to 3.49% in the week ending February 21, 2020.

Three Appraisal Approaches: Cost Approach
Determining a property’s market value by adding the value of the lot plus construction costs, less depreciation.

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