Remove 2009 Remove Buyers Remove Inventory Remove Market Value
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Seattle’s already-hot real estate market is exploding

Housing Wire

. “I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. But when inventory dropped to a third of its normal amount, everything changed.

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. Will home price growth slow in 2022?

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Appliances for FHA appraisals

Appraisal Today

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1

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Appraisals – Check the Water Source!

Appraisal Today

It is extremely important for appraisers now to closely track changes in your local markets at least once every day and tell your lender clients about it. When will it affect your market? The number of potential buyers will decrease as rates go up in many markets. We have never seen a pandemic real estate market before.