Remove 2009 Remove Construction Remove Modernization Remove Training
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Like it or not, desktop appraisals are here to stay

Housing Wire

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. There’s still some battle scars from 2006 to 2009 where appraisers were made to be the scapegoats,” Pyle said.

Appraisal 363
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Appliances for FHA appraisals

Appraisal Today

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9% Lee Miller.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.