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The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been. These households got sub-3.5%

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VA Update for Appraisers

Appraisal Today

The questions: Fannie Mae and Freddie Mac are making desktop appraisals a permanent fixture in their valuation offerings. I wrote a long article about VA in the past, available to paid subscribers. Appraisers and local market analysis. Haunted House Appraisals. What’s new at the VA? Any final thoughts?

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Complexity in Process and Properties.

Appraisal 281
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Homebuying Demand Slowly Eases, Builder Confidence Sinks, and Other Appraisal News

McKissock

Builder confidence sinks to a 13-month low. The FHFA proposes housing goals for the GSEs to boost minority homeownership. According to this market update from Redfin News , “As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.”