Trending Articles

Excess of Appraisers? Education

George Dell

The current excess of appraisers is the inevitable result of cyclical forces. The ups and downs persist due to the interaction of the five forces of friction: practices, standards, education, regulation, and client expectation. These five frictions reinforce and shield each other.

Can we still avoid a recession?

Housing Wire

Economic reports over the Thanksgiving holiday paint a complicated picture of what’s happening, and where we are on recession watch. The big economic surprise was the strength of Black Friday sales, where consumers spent a record $9.12 billion online.

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The housing market will get worse before it gets better

Sacramento Appraisal Blog

It’ll get worse before it gets better. That’s pretty much true in lots of ways in life. Going through the teenage years, recovering from injury, remodeling a kitchen… and enduring a housing downturn.

Preparing For The Unexpected

The Appraiser Coach

I’ve been known to talk a lot about preparing for the unpredictable. A while back someone asked me a question about it. In essence their question was, “Dustin, how can. Read More.

Housing Market: What Does It Look Like Where You Live?

Padove Appraisal Service

Residential markets in Philadelphia, PA and its surrounding suburbs tend to be more conservative. Our local market has seen its share of price increases over the past couple of years however, at a lower rate than other parts of the country.

Buydowns become key for buyers to beat the market

Housing Wire

It’s a terrible time for homebuyers. Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power.

Buyers 393

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Veteran appraiser shares short-term rental thoughts

Valuation Review

#ClassValuation #chiefappraiser #shorttermrentals

Do Rising Interest Rates Affect Real Estate?

Robinson Appraisal Group

Interest rates play a crucial role in the housing market.

Opendoor Lost Close to $1B in 3Q

Empire Appraisal Group

Source: Opendoor Lost Close to $1B in 3Q | Florida Realtors. By Kerry Smith. The RE market changed quickly as the Fed raised interest rates, and Opendoor’s CEO blamed that “once-in-forty-years market transition” for its $928M loss. Opendoor Lost Close to $1B in 3Q.

Mortgage rates dropped again, so why are some borrowers on the sidelines?

Housing Wire

Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications. .

Declining Trend of Two-Story Foyer

Eyes on Housing

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer decreased in 2021. For 2021, most new single-family homes were built without a two-story foyer nationally and regionally.

AI executive speaks to state appraisal matters

Valuation Review

#federalappraisalmatters #AppraisalInstitute #statewideappraisallegislation #PAREA

Digital Forms to Ease the Stress of Your Company Holiday Party

GoForrmz

Plan your holiday party with GoFormz ‘Tis the season and we’re here to spread holiday cheer! GoFormz is the all-in-one digital form platform that makes planning your company’s holiday party a breeze.

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What’s Most Important for Building Strong Appraiser-Client Relationships?

McKissock

Top earners in the real estate appraisal profession are those who consistently bring in new clients. If you’re looking to earn more referrals and repeat business, a great place to start is by fostering good relationships with your appraisal customers.

JPMorgan Chase gets into the DSCR MBS game

Housing Wire

JPMorgan Chase will soon be issuing its first non-prime MBS secured exclusively by investor loans that are underwritten based on rental income. JPMorgan Mortgage Trust 2022-DSC1 is secured by 980 debt service coverage ratio (DSCR) loans with a balance of $308.2

Home Prices Continue to Decline in September

Eyes on Housing

Home prices declined for the third straight month in September as the housing market continues to cool. In September, all 20 metro areas experienced negative home price appreciation. The S&P CoreLogic Case-Shiller U.S.

Consumer confidence in housing hits all-time low

Valuation Review

#FannieMaeHomePurchaseSentimentIndex #October #homepurchasing #Yearoveryear

How Customer Feedback Improves SaaS Platforms

GoForrmz

Customer feedback is the driving force behind the success of SaaS platforms SaaS continues to be an evolving and ever-growing space with new startups and competitors joining the market every year.

Automated valuations evolve with the launch of Interactive ClearAVM

Clear Capital

Today, we’re thrilled to announce the launch of Interactive ClearAVM (automated valuation model). This enhanced version of ClearAVM is an optional add-on that will provide customized AVMs in real-time based on user-made adjustments to a property’s key characteristics and including condition.

Here’s why new home sales are up along with prices

Housing Wire

Today new home sales beat estimates , and new home median sales prices hit an all-time high. What is going on here? My job is always to be the detective, not the troll so let’s take a look at today’s data, as there is a constant theme here that I have talked about for some time.

Construction Job Openings Peaked for Cycle?

Eyes on Housing

The count of open, unfilled jobs for the overall economy declined in October, falling from 10.7 million open positions to 10.3 million. This represents a small decrease from a year ago (11.1 million), a sign the labor market is slowing in response to tighter monetary policy.

Starrex closes sale of appraisal business

Valuation Review

#StarrexInternational #closedtransaction #PropertyInterlink #ReliableValuationService #appraisalbusiness

[Webinar] Automate Your Business Tasks with GoFormz Workflows

GoForrmz

Solve repetitive business tasks with automation using GoFormz Workflows Is your workday filled with repetitive tasks like data entry, file sorting, and paperwork processing? Good news, there’s an easier way!

Investing in Affordable Housing - Part 2 - Accountability to Housing Authority

Eppraisal

In the previous installment, readers discovered that there are profits to be realized when investing in properties with affordable housing units. In addition, landlords who do so are providing a service to the community.

Demand for mortgages is on the rise as rates fall

Housing Wire

With mortgage rates down nearly 50 basis points from the recent peak about a month ago, borrower demand picked up again this week, according to the Mortgage Bankers Association (MBA). The market composite index, a measure of mortgage loan application volume, rose 2.2%

Small Increase for Missing Middle Multifamily

Eyes on Housing

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties.

Cherre, Clear Capital partner

Valuation Review

#Cherre, a data integration and insights platform, partners with #ClearCapital #leverage #ClearCapitalplatform

5 Benefits of Appraisal Services

Appraisal Hub

The Toronto housing market is slowing down, showing a 6% decline in October 2022 compared to the same period last year. Now might be the best time to sell your home and avoid further falls in the market.

What GoFormz Is Thankful For

GoForrmz

What we’re thankful for this Thanksgiving Thanksgiving is tomorrow and to celebrate the holiday, we want to share what our team is thankful for. At GoFormz, we take pride in not only the work we do for our customers but the environment we create for our employees.

BEC accounted for $2.4 billion in claimed losses in 2021

Housing Wire

In mid-November, the Federal Bureau of Investigations released its 2022 Congressional report on business email compromise (BEC) and real estate wire fraud. According to the report, in 2021, the Internet Crime Complaint Center (IC3) received BEC-related complaints with claimed losses exceeding $2.4

More Crazy Appraiser Stories!

Appraisal Today

More Crazy Appraisal Stories! Excerpt: Restraining Orders & Appraisals – Never a Great Mix. Eric VanderWaal. The majority of my appraisal work is on divorces and estates, both of which have their fair share of crazy stories. I was appraising a home for a divorce several years ago.

The importance of language, other terminology

Valuation Review

#DustinHarris #TheAppraiserCoach #familiarterms #language #appraisaltips

Homes DO Sell During the Holidays – 2022

Lamacchia Realty

HOMES DO SELL DURING THE HOLIDAYS! Mythbuster: Homes actually DO SELL during the holiday season! Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season.?Their

RBC to purchase HSBC Bank Canada

Mortgagebroker News

The blockbuster deal is the largest ever reached between two domestic banks in this country

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