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Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. If a seller has those multiple offers, they are looking first at cash offers and may even consider a lower cash offer because they don’t have to worry about the property appraising for that price,” Garrett said. “If It is just a super tight housing market.

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In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches

Housing Wire

So a buyer buying that property is going to go ‘you know what, I will buy it, but because I know I’ve got to replace a couple of major systems I’m going to buy it with some type of equity involved with it so I can feel like I’m getting a good deal out of it,” Fincham said.

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Property Appraisal Insights: 4 Community Features that Matter

D Fritz Appraisals

Analyzing Community Features That Impact Property Value When deciding what adds value to a home, today’s savvy property owner thinks beyond an impressive house amenities list. It may surprise you to discover exactly what things add value to a home in today’s competitive housing market.

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Housing Market Predictions for 2022 and Other Appraisal News

McKissock

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you.

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FHA announces launch of new appraisal technology solution

Housing Wire

The Federal Housing Administration has announced an upcoming release of its FHA Catalyst: Electronic Appraisal Delivery module on the FHA Catalyst platform. This solution will allow lenders to electronically submit, track, and manage single-family property appraisals and will become available to FHA-approved lenders on Sept.

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Has FNMA Gotten Too Big to Control?

Appraiserblogs

They argue that Fannie Mae is too big to fail, and that if it were to collapse, it would have a devastating impact on the housing market. Related Posts: AMC Hires a Convicted Felon as Property Data Collector The recent case of Paschal Uchendu, a convicted felon awaiting sentencing for orchestrating a $1.2

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FHFA will host second public forum on appraisal bias

Housing Wire

The White House recently marked the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. housing market in the future.

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