Appraisal Today

MAY 26, 2023

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 Conservation easement appraisals are a definite risk for appraisers. billion tax fraud scheme.

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Easement Contracts Appraisal Inspection 52

Appraisal Today

SEPTEMBER 17, 2022

I definitely need to add some of the items to my car, especially dog repellent, which is not on the list. Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. To read more, click here. My comments: Good tips!

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Appraisal Construction Contracts Insurance 52

Appraisal Today

OCTOBER 21, 2022

Until we get past this period over the next few months it may be hard to say definitively what is exactly happening. The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. Inventory levels.

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Appraisal Marketing Contracts Insurance 52

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. A little more than a third of inventory is under contract. since October to $817.5K.

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Inventory Construction Supply Chain Buyers 36

Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.91

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Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = The number of appraisers is definitely dropping now. and Conditionality. Getting approved was easy.

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Appraisal Business Contracts Real Estate 52

Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” My comments: George continues on his long-time quest to really modernize residential appraisals, not just designing another type of online report or speeding up the appraisal process with AVMs and desktops. Don Quixote? ==.

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Appraisal Contracts Mortgage Modernization 52

Appraisal Today

FEBRUARY 24, 2023

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. Definitely the best book on this topic I have ever seen. Budget cuts.

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Appraisal Today

NOVEMBER 20, 2022

In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. This is definitely not a repeat of 2008. ==. It was in a 100% residential area and was definitely misplaced. To read more, click here. percent from 7.14

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Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

AUGUST 9, 2022

RECESSIONS AND MORTGAGE RATES Recent data and the traditional definition show we are now in a recession even though there is debate among economic and political folks. when, on July 28, the Commerce Department reported its second consecutive quarter of GDP declines – the common definition of a recession. year-on-year (YoY). CONDO NEWS.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. That’s 52% higher than 2018, when Freddie first began looking at housing shortages.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. The local picture is less definitive. There is nothing like a win-win, clearing available inventory while opening new doors for people in the market for a new-construction home.

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Housing Market Marketing Buyers Real Estate 36