Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. In fact, this week there was a viral tweet from Nick Gerli about a massive drop in Airbnb income in various markets. I tell them to buy when prices drop to the bottom, and no one else is buying. Discusses many issues and lawsuits. per month, $24.75

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Appraisal Today

JUNE 10, 2022

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”).

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Appraisal Today

DECEMBER 2, 2022

Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side. NOTE: Please scroll down to read the other topics in this long blog post on George Harrison passed, Appraisal business, marketingunusual homes, mortgage origination stats, etc. They provide CMAs, etc.,

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Appraisal Today

SEPTEMBER 23, 2022

At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. My comments: This article uses AEI data, graphs, and reports from June. The MBA data, loan application volume (see below) is the future of appraisal volume.

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. It looks like the change is starting because of increasing mortgage interest rates. I have included some of the articles below. My Comments on Market Changes.

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Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Over the course of 10 years, perfecting the design and layout for his newly purchased compound became a passion…. Not what you would expect!

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Housing Wire

JANUARY 19, 2024

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. Since making some holiday adjustments, we have seen a seven-week positive trend in purchase apps since November. It happened in 2008 and then didn’t happen again until 2023.

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Housing Wire

NOVEMBER 23, 2022

When you account for a population of over 330 million people, that sales number looks a lot lower than in 2000 and 1996 so be mindful that we are trending at low levels today. We can see why the builders are done building new single-family houses as they have a lot of work left to do ( Article Link).

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Appraisal Today

SEPTEMBER 15, 2023

May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

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Appraisal Today

JANUARY 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M Worried we did not have enough money for mortgage payments.

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Appraisal Today

DECEMBER 22, 2023

NOTE: Please scroll down to read the other topics in this long blog post on answering your phone, appraiser censorship, bias, how to do graphs, unusual homes, mortgage origination stats, etc. To read the article, Click Here Yesterday I sent in my 4-year renewal for my California Brokers license, renewing Feb. Hopefully will not pass!

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Appraisal Today

JANUARY 4, 2023

I would like to turn over my appraisal business to my daughter, who is certified.”. NOTE: Please scroll down to read the other topics in this long blog post on USPAP and non-traditional appraisals, Non-lender appraisals, reos, tear downs, unusual homes, mortgage origination stats, etc. ==. By: McKissock (Survey).

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Appraisal Today

DECEMBER 16, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. I f this article helped you understand Estate/Trust appraisals, it is worth the subscription price! To read more, click here.

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Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. I have known him for over 30 years and have taken many of his classes.

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Appraisal Today

FEBRUARY 2, 2024

Refis dropping Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! At the same time, affordability challenges will persist at higher mortgage rate levels. These articles give us a perspective on today. Floating Island.

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Appraisal Today

DECEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc. Built over a period of 6 years and standing 60 feet tall. Built over a period of 6 years and standing 60 feet tall. Over improvement? 5 Beds | 5.5+

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Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs.

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Will Springer Realtor

APRIL 11, 2023

Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity. Speaking of which, applications for mortgages rose four consecutive weeks before falling a bit during the days leading up to the Easter/Passover holiday.

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Will Springer Realtor

JANUARY 9, 2024

Instead, many eyes may have been captivated by something else dropping – interest rates. The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities.

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Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. When you raise [mortgage] rates to the point they’re at today, it breaks the back of housing.”. falls into a recession.

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