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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 the past three years — and 2020, specifically — have been something else.

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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.

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Experience Matters

Town & Country Residential Appraisals

I’ve gone back through my files and found that since starting my business in 2009, I have performed over 6,200 valuations for all kinds of clients: lenders, lawyers, accountants, home owners, estates, real estate agents, etc. It works the same with performing real estate appraisals. We have the experience that matters!

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Short Sales – Rules of the Road

Will Springer Realtor

Short sales were a common sight in the housing recession around 2009 but they have since faded from the headlines as homeowners typically find buyers before facing financial doom. What is a short sale? How does a short sale work?

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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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Understanding the Role of an Appraisal Management Company

AmeriMac

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. Through their stringent selection and vetting process, AMCs ensure that appraisers have the necessary expertise and local market knowledge to provide reliable valuations.

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Subject Property Location in Appraisals

Appraisal Today

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Excerpts: Built in 2009, the home is has 8 bedrooms, 6.5 By Jamie Owen. Depreciation!