George Dell
MARCH 22, 2023
Everyone knows value. Of course! It’s easy! Value is what I can sell something for. Well, sorta. No, wait – value is what I am willing to pay for something. Editor’s Note: This is Part 2 of Market Value or Other Value. I have an apple. You want one.
Sacramento Appraisal Blog
MARCH 21, 2023
The housing market is a mixed bag. It’s not always easy to understand what the market is doing right now. Today I have some thoughts about prices, Zestimates, and cash buyers. Scroll by topic or digest slowly.
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Housing Wire
MARCH 16, 2023
How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation.
The Appraiser Coach
MARCH 21, 2023
Today I’d like to share a principle with you that has changed my perspective. The principle is this: money is a tool. You could just stop reading right there. After.
Eyes on Housing
MARCH 17, 2023
NAHB recently released its 2023 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 96.5
Housing Wire
MARCH 16, 2023
After pulling back at the start of the year , homebuilders jumped back in during February as homebuyer demand and builder confidence trended upward. Homes were started at an estimated annual pace of 1.45 million in February, up 9.8%
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George Dell
MARCH 15, 2023
Market value, of course! Or is it? The great recession, and things like that, which come around every 12-15 years, all concur with the ‘accepted’ definition of market value, as written in the USPAP book Advisory Opinion 30.
Riverfront Appraisals
MARCH 16, 2023
From time to time, we get questions from Realtors, homeowners, and builders asking us why we use certain approaches, or if we can only use one of the approaches to value. In this FAQ post, we’ll look at the three commonly-used approaches to value when appraising a single family residential property.
Eyes on Housing
MARCH 15, 2023
After four consecutive declines, the producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 0.3% in February 2023 (not seasonally adjusted) follow a 1.1% increase in January (revised), according to the latest PPI report.
Housing Wire
MARCH 16, 2023
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure.
Appraiserblogs
MARCH 17, 2023
Who is going to organize raising the funds and hiring the lobbyist? We are woefully behind the curve here. Myself and many others were organized in the early 1990s and managed to protect the appraisers’ interests for the most part at that time.
Inman
MARCH 20, 2023
Lane's appointment comes after M. Ryan Gorman's abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman.
GoForrmz
MARCH 20, 2023
Introduce digital forms to your agriculture operational processes Digital forms are revolutionizing the way growers and ag professionals are doing business. These forms offer a practical and effective alternative to conventional paper-based forms.
Eyes on Housing
MARCH 15, 2023
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market.
Housing Wire
MARCH 15, 2023
Following a chorus of complaints from the mortgage industry, the Federal Housing Finance Agency (FHFA) on Wednesday announced that it would delay the implementation of a new and controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios.
Valuation Review
MARCH 22, 2023
Tyler Technologies, Inc. recently announced it acquired Safeground Analytics. realestateappraisalsandassessments
Inman
MARCH 20, 2023
The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the "one-stop-shop" brokerage model.
Appraiserblogs
MARCH 22, 2023
At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations.
Eyes on Housing
MARCH 16, 2023
Single-family production remained at an anemic pace in February as builders continue to wrestle with elevated mortgage rates, high construction costs and tightening credit conditions that threaten to be exacerbated by recent turmoil in the banking system.
Housing Wire
MARCH 17, 2023
Single-family home purchase demand by investors remained steady in the fourth quarter of 2022, despite a dip in iBuying and larger investor demand, according to a report released this month by CoreLogic.
Valuation Review
MARCH 22, 2023
Consolidated Analytics Chief Appraiser Jeffrey Rauland shares more thoughts. portfolioanalysis #appraisaltrends
Inman
MARCH 20, 2023
Rather than viewing it as an obligation, staging should be seen as an opportunity to be your most creative, inspired, and visionary self as you help your sellers wow potential buyers. Agent Leading in Luxury Sponsored 5 inspiring home staging trends for spring
Valcre
MARCH 17, 2023
Independent audit confirms Valcre’s best-in-industry security standards with SOC 2 certification
Eyes on Housing
MARCH 20, 2023
New NAHB 2023 Priced-Out Estimates show that 96.5 million households are not able to afford a median priced new home, and that additional 140,436 households would be priced out of the new home market if the price goes up by $1,000.
Housing Wire
MARCH 20, 2023
Flagstar Bank , a top-20 U.S. mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC).
Valuation Review
MARCH 22, 2023
The MBA's Builder Application Survey data showed decreases for mortgage applications. newhomepurchases #January #MBA
Lamacchia Realty
MARCH 17, 2023
WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.
Eyes on Housing
MARCH 22, 2023
The Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis points but indicated that it was moving to a more data dependent mode as markets digest incoming risks for banks.
Housing Wire
MARCH 19, 2023
The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory?
Valuation Review
MARCH 22, 2023
Mortgage CRM (customer relationship management) leader OptifiNow recently launched OptifiNow Flex. CRMplatform #mortgageteams
Inman
MARCH 20, 2023
Recently, LocalizeOS CEO Omer Granot sat down with Inman’s tech columnist Craig Rowe to demonstrate how the hunter AI solution helps agents, teams, and brokerages achieve more. Agent Sponsored Fill your pipeline with this AI tool hunter ai localizeos omer granot
GoForrmz
MARCH 22, 2023
Everything you need to know about starting your transition to mobile forms Making the transition from paper-based documentation to digital data capture can feel daunting.
Eyes on Housing
MARCH 21, 2023
A brief drop in mortgage rates and a pullback in home prices boosted existing home sales in February, according to the National Association of Realtors (NAR). The 30-year mortgage rates averaged less than 6.3%
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