Housing Wire

APRIL 20, 2022

A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. According to a report the Government Accountability Office published this week, the VA’s Native American Direct Loan program only resulted in 89 loans originated in the continental U.S. from 2012 to 2021. This represents less than 1% of the estimated potentially eligible population of 70,000 veterans, the watchdog agency said.

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Sacramento Appraisal Blog

APRIL 25, 2022

Do you feel that? It’s change. The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. STUFF ON MY MIND: This is designed to scroll quickly or digest slowly. The goal is to highlight stats and things I’m watching. An elevated market with a shift in […].

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Housing Market Marketing Design Real Estate 445

Miller Samuel

APRIL 14, 2022

For each issue of Elliman Magazine produced by Douglas Elliman , the same company that publishes most of our U.S. market research , I write a brief column and create a graphic to illustrate an important issue facing the luxury housing market. Of course, the graphic I create is then supercharged by their very talented graphics staff. Listing inventory has essentially collapsed in most U.S. housing markets as unusually low rates against the backdrop of robust economic conditions have burned off su

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Appraisal Buzz

APRIL 18, 2022

This article was first published in the Appraisal Buzz Magazine. If you have shared a story with us in the past that was never published, please resend it. Your story could be one of the best this time around! Send your stories to comments@appraisalbuzz.com. Have you ever walked away from a day thinking, “No one’s EVER going to believe this!” Well, we want to hear all about it!

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George Dell

APRIL 6, 2022

The messenger. Psychology research easily points out our tendency to dislike the bearer of bad news. It’s also intuitive. Bad news messengers do not smile when they bring the news. Sometimes they even look guilty. We humans can be really basic. We see a correlation between the bad news, the frown, and the messenger. Appraisers […]. The post Bias: Blame the Messenger?

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Eyes on Housing

APRIL 13, 2022

According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 1.4% in March, following an upwardly revised increase of 2.2% in February and 4.1% in January. This adds up to an 8% jump in building materials prices since the start.

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Construction 202

Sacramento Appraisal Blog

APRIL 5, 2022

I have two things on my mind today. Scott Peterson’s house hit the market. And price growth has been raging so far in 2022. Let’s talk about this. Think Like an Appraiser Class: I’m teaching my favorite class on April 28 from 9am-12pm. We’ll talk through choosing comps, making adjustments, and lots of practical scenarios. […].

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DW Slater Company

APRIL 27, 2022

Azalea District, Tyler, TX. “Winter’s done, and April’s in the skies, Earth, look up with laughter in your eyes!” Charles G. D. Roberts. It has been an unusual April in North Texas this year and one of the windiest on record! The picture above was taken in the Azalea District in Tyler, TX a day before high winds came through and uprooted many trees in the area.

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Appraisal Buzz

APRIL 6, 2022

Today’s Buzzcast interview is with Dave Stevens, CEO of Mountain Lake Consulting and Luke Tomaszewski, CEO of Proxy Pics. We sat down with Dave, Luke, and Joan Trice, Founder of Allterra Group, LLC to discuss the 3,000 foot view on housing finance, what’s happening next in the appraisal industry, and learning more about the future of technology in the appraisal industry.

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Technology Finance Appraisal 397

GoForrmz

APRIL 22, 2022

This Earth Day 2022, we are incredibly proud of our paperless customers working towards a greener workplace As we observe another Earth Day, here at GoFormz we celebrate by recognizing all of our customers that have taken incredible strides in their paperless initiatives. By digitizing physical paper documents, collectively we have saved over 18,035 trees by digitizing over 41,398,474 form s – that’s more than 150,291,205 pages of paper !

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Eyes on Housing

APRIL 8, 2022

According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.

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Construction 190

Housing Wire

APRIL 13, 2022

Mortgage application volume dropped 1.3% for the week ending on April 8, from the previous week, as mortgage rates eclipsed the 5% mark. Refinance applications fell 5% from the prior week and 62% from the same week a year ago, according to the Mortgage Bankers Association ‘s weekly survey. “Mortgage rates have spiked more than 1.5 percentage points thus far in 2022,” Mike Fratantoni, MBA’s senior vice president and chief economist, said in a statement.

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Sacramento Appraisal Blog

APRIL 18, 2022

Could you live in a tiny home? Or what about a skinny home? I’m talking where walls range anywhere from eight feet to twelve feet wide at their maximum. Well, let’s talk about a super thin unit that sold recently in Sacramento. Think Like an Appraiser Class: I’m teaching my favorite class on April 28 from 9am-12pm. We’ll […].

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Raleigh Realty

APRIL 24, 2022

Sustainable Renovations for Every Room Whether you buy an older home or a new construction home, there are most likely modifications and renovations you can do to make your new house more eco-friendly. If you are looking to spend less money on your energy bill each month, are looking to downsize your home to live more efficiently, want to reduce your environmental impact, or you want to increase the value of your home before you get it appraised for a new sales listing, there have never been mor

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Appraisal Buzz

APRIL 22, 2022

Rapidly rising mortgage rates are worsening affordability challenges that have been brought on by record home value growth. According to the March Zillow Real Estate Market Report, monthly mortgage payments on the typical U.S. home are 19.5% higher than they were three months ago, and 38% higher than a year ago. Despite this, the pace … The post Home Value Forecast Predicts Slowdown in Growth appeared first on DSNews.

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GoForrmz

APRIL 11, 2022

We’ll be exhibiting and presenting at Field Service USA 2022 – will we see you there? We are thrilled to once again be sponsors of Field Service USA (April 26-28, 2022)! Will we see you there? If you’ll also be attending, be sure to stop by our booth (#209) and attend our case study presentation featuring Strategic Sanitation Services. More info on our case study presentation: We’ll be presenting our industry case study, ‘ How Field Service Teams Garner Impactful Business Insights With Digital D

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Business 148

Eyes on Housing

APRIL 12, 2022

Driven by higher food, gasoline and housing cost, consumer prices continued to accelerate in March. This marked the sixth straight month for inflation above a 6% rate and was the fastest annual pace since December 1981. Though gas prices have fallen slightly from their March highs, the pace of inflation will likely stay high in the months ahead as lockdowns.

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Housing Wire

APRIL 19, 2022

The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. For now, only borrowers financially impacted by the pandemic can opt for the loss mitigation option, and it may only be used in combination with a partial claim option.

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Sacramento Appraisal Blog

APRIL 11, 2022

Do you feel it? The temperature of the housing market has started to change. Let’s talk about what’s going on, and what this means and doesn’t mean. I’d love to hear your take in the comments. Think Like an Appraiser Class: I’m teaching my favorite class on April 28 from 9am-12pm. We’ll talk through choosing comps, making adjustments, […].

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Housing Market Marketing Appraisal Mortgage 373

McKissock

APRIL 29, 2022

Engaging in online forums and social media groups for real estate appraisers can be a great way to keep up-to-date on industry news , ask questions, connect with other appraisers, and even get referrals. But with so many options out there, it may be difficult to determine which groups are worth joining. To help you narrow it down, we asked our appraisal community, “What’s the best Facebook Group for real estate appraisers?

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Appraisal Buzz

APRIL 4, 2022

The topic of inflation has dominated the news cycle lately. Let’s put aside for the moment the causes of the steadily increasing rate of inflation, and instead take a closer look at what impact it has on housing prices. Let me preface this by saying I don’t have a crystal ball (or a Delorean) so I can’t tell you what the future holds for residential real estate.

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GoForrmz

APRIL 5, 2022

Learn to navigate the GoFormz platform, create your first Template, fill out your first digital form, share forms, and more! Whether you’re new to GoFormz or simply need a refresher, check out this quick ‘Getting Started with GoFormz’ webinar to learn how to: Create your first digital form Template Fill out your first digital form in the GoFormz app Explore GoFormz features ‘Beyond the Form’ (like form sharing, reports, and more) …and more!

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Eyes on Housing

APRIL 21, 2022

Buyers’ expectations of housing availability continue to worsen. At its peak in the 4th quarter of 2020, 36% expected the home search to get easier in the months ahead. After five straight drops, the share is now 17% – a level not seen since 2018. In contrast, 74% expect the search for a home to get harder/stay the same. Buyers’.

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Buyers 172

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 million. However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. However, hope for a balanced market is real this year because, with higher rates, we should see more days on the market coming up and growth in the inventory data.

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Housing Market Marketing Inventory Mortgage 489

Assurance Financial

APRIL 18, 2022

One of the first things you learn when you’re in the market for a new home is that no house is perfect. There will be things you like and dislike about every home you see. That doesn’t mean you need to live with the things you don’t like once you buy a house, though. After your purchase, you can renovate the property to make it suit your tastes and fit your needs.

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Mashvisor

APRIL 19, 2022

If you’re looking for Austin multifamily for sale, then you’ll want to know how the market is performing for that type of property. Table of Contents What are multifamily properties?

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Appraisal Buzz

APRIL 1, 2022

The U.S. economy added 431,000 jobs in March – slightly below expectations – while the unemployment rate dipped to 3.6%, according to the U.S. Bureau of Labor Statistics. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. The number of unemployed persons decreased by 318,000 to 6.0 million.

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Lamacchia Realty

APRIL 28, 2022

HOME WARRANTIES. It’s no secret that buying a house is an investment, and it’s one that you want to protect. By purchasing a home warranty, you know you’re covered should anything happen to your appliances or home systems. What is a Home Warranty? A home warranty is a service contract that pays for the repair or replacement of the appliances and home systems that are covered in the contract.

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Eyes on Housing

APRIL 7, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in February after an increase of 1.1% in January. Spending stood at a seasonally adjusted annual rate of $850.6 billion. Total private residential construction spending was 16.6% higher than a year ago. These monthly gains are attributed to the strong growth of spending on.

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Construction 169

Housing Wire

APRIL 6, 2022

Nearly 65% of homeowners planning to sell this year expect to list by the end of summer, which should provide a much-needed influx of inventory that should slow the explosive home price growth seen during the pandemic, according to a Realtor.com survey of prospective sellers. Realtor.com Wednesday released the results of the online survey of 3,000 consumers conducted in February by HarrisX.

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Assurance Financial

APRIL 22, 2022

Assurance Financial CEO and President, Kenny Hodges, was featured in an article by National Mortgage News on the mortgage industry’s increasing alignment with sports brands. “From bass fishing to the Super Bowl, lenders see a large pool of consumers they can reach through athletic sponsorships. “When you’re in a college town – in general – those colleges are one of the biggest employers.

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Mashvisor

APRIL 29, 2022

The question of what is arbitrage reveals far more than the definition itself. We’ll be dealing with the details and significance behind it here. Table of contents: What Is Arbitrage?

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Real Estate Investing Landlords Investors 73

Appraisal Buzz

APRIL 1, 2022

Mortgage rates are shooting up at the fastest pace in history, sending the typical monthly mortgage payment for a homebuyer up more than $500 since the beginning of this year, according to Redfin. As rates quickly approach 5%, Redfin expects their impact on homebuyer demand to change from a motivator – driving a sense of urgency to buy before rates rise further – to a deterrent, causing buyers to step back as the cost.

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Real Quantum

APRIL 22, 2022

FREE | APRIL 28, 11 AM CDT | 60 MINUTES. LIVE WEBINAR | The Best Commercial Appraiser Technology. SAVE MY SPOT. Agenda. According to the McKissock 2019 Appraisal Income Guide , appraisers who excel at adopting new technologies earn over $44,000 more per year than appraisers who fail to leverage those tools. At the Highest and Best Use Webinar series, we’re always thinking about what new commercial appraiser technology they can use to make their lives easier, work faster, and grow rev

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Technology Appraisal Tools Design 69