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Property Appraisal Insights: 4 Community Features that Matter

D Fritz Appraisals

Beyond the conveniences of a house, these community features should also be considered when assessing a property’s value. As one of Victoria’s longest-standing appraisal firms, D. Fritz Appraisals Inc. can provide detailed valuations highlighting the community amenities to look for when buying or selling a property.

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Jim Amorin steps down as CEO of Appraisal Institute

Housing Wire

The residential appraisal space has been rocked by increased federal scrutiny over the past two years, with several agencies studying whether appraisers let racial bias change their valuations. In late October, the Federal Housing Finance Agency released 47 million appraisal reports to the public for the first time.

Appraisal 311
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Susan Rice to co-chair HUD appraisal task force

Housing Wire

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. A long history of federal redlining led to neighborhood boundaries and unequal property values, and appraisal practices reenforced those standards.

Appraisal 545
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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their assessments can delineate how such disputes affect property valuation, informing legal arguments and potential resolutions.

Legal 148
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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. And as a bonus, the spec provides a home for digital captures of properties to be included.

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Dear ASC: Details… Why They Matter

Appraiserblogs

Over the past several days, the Real Estate Appraisal Industry has been the subject of scrutiny with the release of the PAVE Report that the Interagency Task Force developed on Property Appraisal And Valuation Equity set forth by the Biden Administration. DEAR HUD… What’s Your End Game?

Valuation 115
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“I don’t want to say we’re archaic”: Appraisal Institute president vows reform

Housing Wire

“The appraisal profession lacks diversity and does not reflect the population of the United States,” reads the report. Remedying this gap is not only likely to reduce the number of biased valuations, but also reduce the acute shortage of appraisers, which is impacting transactions across the country.”.

Appraisal 331