Housing Wire
SEPTEMBER 25, 2023
The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. The National Hispanic Construction Alliance (NHCA) will be led by veteran construction industry executive George Carrillo as CEO.
Cleveland Appraisal Blog
SEPTEMBER 21, 2023
Hello everyone! I hope you all have been doing good and hanging in there. The real estate market has been on a crazy ride for the past few years. You may be wondering where in the world I’ve been. Did I go dark? Did I give up on blogging and podcasting? The answer is no. However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business.
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Housing Wire
SEPTEMBER 21, 2023
Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible? NAR ‘s existing home sales report on Thursday gives us insight into the why factor. The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from August 2022 ($391,700). All four U.S. regions posted price increases.
Sacramento Appraisal Blog
SEPTEMBER 19, 2023
There is some serious pent-up demand building. The number of sellers who have not listed their homes this year is really starting to add up – not to mention a growing pile of buyers. And speaking of building, new construction has been glowing this year. Let’s talk about it. UPCOMING (PUBLIC) SPEAKING GIGS: 9/26/23 Orangevale […] The post Pent-up demand & glowing new construction first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
George Dell
SEPTEMBER 21, 2023
Quasi-government “Congressionally-authorized” appraisal standards require “correct” research and analyses. What does that mean? What is correct? And who decides? It’s in Standard 1. Be correct. Editor’s Note: This is Standards, part 3.14 of George Dell’s series on How Do I Move to EBV? Links to the earlier posts are here. Does this say – it’s […] The post A Correct Appraisal?
The Appraiser Coach
SEPTEMBER 19, 2023
When you have a bobble-head replica of yourself in a blue button-down shirt (it was a gift) and you show up to work every day twinning with it, the people.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
SEPTEMBER 25, 2023
Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.
Realtor
SEPTEMBER 19, 2023
Getty Images Home appraisals are a piece of the selling process where you may have to let go of the reins. Lenders often require the use of their own, FHA-approved home appraiser. That means you get zero say in who’s determining the financial value of the home you’ve lived in, loved, and sunk your savings into. Here are some things sellers can do—straight from the home appraisers’ mouths—to navigate the process of home appraisals.
Appraiserblogs
SEPTEMBER 20, 2023
It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me. I envision many of them screaming, “But I love being an appraiser”! Yeah, I hear you. I loved being an appraiser too. Let’s not consider what we were but what they want us to become. First, ask yourself if you are still making a livable wage.
Eyes on Housing
SEPTEMBER 22, 2023
The total market share of non-site built single-family homes (modular and panelized) was just 2% of single-family homes in 2022, according to completion data from the Census Bureau Survey of Construction data and NAHB analysis. This share has been steadily declining since the early-2000s despite the high-level of interest for non-site built construction.
Housing Wire
SEPTEMBER 18, 2023
Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits.
Inman
SEPTEMBER 18, 2023
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including "no longer forcing homesellers to pay buyer’s agents.
GoForrmz
SEPTEMBER 22, 2023
Alleviate the stress on your team by building a food safety culture Promoting safety within your kitchen and front-of-house staff is just one aspect of running your own restaurant, and while it is a priority, keeping everyone in your establishment safe needs to be top of mind, too. With the USDA currently estimating an average of 48 million cases of foodborne illness each year, keeping your customers as safe and healthy as your team members can be a lot to manage.
Appraiserblogs
SEPTEMBER 22, 2023
Appraisers, I’m almost reluctant to distribute this essay, but the reality is what it is. Per the Mortgage Bankers Association (MBA), the loan application volume is at another low point in our history. The article in Mortgage News Daily titled “Mortgage Application Volume at Lowest Levels Since 1996” in this link provides context. For a related perspective, the article contains a graph, which can be expanded to show mortgage rates and application volume for decades.
Eyes on Housing
SEPTEMBER 20, 2023
The Federal Reserve’s monetary policy committee held the federal funds rate at a top target rate of 5.5% at the conclusion of its September meeting. The Fed will also continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening. These actions are intended to slow the economy and bring inflation back to 2%.
Housing Wire
SEPTEMBER 18, 2023
Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Executives from Dark Matter Technologies, under the Constellation Software umbrella, said that a down market is the best time to make investments in technology and prepare for the next cycle.
Inman
SEPTEMBER 23, 2023
As a new agent, it can be hard to separate fact from fiction, coach and author Darryl Davis writes. Find out what's no longer true so that you can chart a course for your career.
GoForrmz
SEPTEMBER 21, 2023
If you are filling out your forms on a mobile device, you’ll want to update your GoFormz app to our latest release Consistent look and feel We’ve made improvements to our mobile app, making it easier than ever to fill out and complete your digital forms from your phones and tablets. This update includes interface improvements that provide consistency across our Android, iOS, and Windows apps.
Boston Appraisal
SEPTEMBER 18, 2023
Estate planning is a complex, multifaceted endeavor that requires the expertise of various professionals, including attorneys, accountants, and financial planners. But often, the role of the real estate appraiser is overlooked. As industry leaders in both residential and commercial real estate valuations, Boston Appraisal Services deeply understands the critical contribution that precise appraisals make in the estate planning matrix.
Eyes on Housing
SEPTEMBER 25, 2023
Of the roughly 1,005,000 single-family and 547,000 multifamily homes started in 2022, 59,000 (28,000 single-family and 31,000 multifamily) were built in age-restricted communities, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD). A residential community can be legally age-restricted, provided it conforms the one of the.
Housing Wire
SEPTEMBER 22, 2023
The Consumer Financial Protection Bureau (CFPB) this week announced that it intends to remove medical bills from the credit reports of U.S. consumers. The policy, announced simultaneously by the Bureau online as well as during a press call with reporters led by Vice President Kamala Harris, is designed to “help families financially recover from medical crises, stop debt collectors from coercing people into paying bills they may not even owe and ensure that creditors are not relying on data that
Inman
SEPTEMBER 20, 2023
Pam O'Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes the case for what else needs to change.
GoForrmz
SEPTEMBER 20, 2023
Capture better, thorough data with the enhanced Sketch field When filling out forms in the field that demand crucial information, such as hazards, weather conditions, incidents, and other pertinent details, depending solely on text can prove to be quite challenging in terms of clarity and comprehensibility. This challenge becomes even more problematic when relying on traditional paper forms for documentation, as they may not effectively capture or convey the necessary context.
BiggerPockets
SEPTEMBER 18, 2023
Nationwide, cities continue to impose new regulations on short-term rentals, effectively putting Airbnb hosts out of business in some areas. How can investors protect themselves?
Eyes on Housing
SEPTEMBER 18, 2023
Persistently high mortgage rates above 7% continue to erode builder confidence, as sentiment levels have dropped below the key break-even measure of 50 for the first time in five months. Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
Housing Wire
SEPTEMBER 18, 2023
For the first time in five months, homebuilder sentiment levels dropped below the key break-even measure of 50, mostly reflecting the difficulties of persistent 7% mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report showed that builder confidence fell 5 points in September to a reading of 45, following a six-point drop in August.
Inman
SEPTEMBER 22, 2023
As younger homebuyers revive an age-old fascination with astrology in the aftermath of the pandemic, agents, designers and astrologers told Inman the stars are aligned for a resurgence.
GoForrmz
SEPTEMBER 18, 2023
“ What I like most about GoFormz is we could make it look exactly like our pen and paper forms that we have been using for the last 15 years. ” — Lisa Van Tol, Operations & Scheduling Coordinator, DiCAN, Inc. About DiCAN DiCAN has been operating out of Ontario, Canada since 2000, offering innovative fleet safety solutions in both the United States and Canada.
BiggerPockets
SEPTEMBER 20, 2023
The city is always under threat from natural disasters, yet it continues to grow every year and boasts one of the largest populations in the country. Is it a good place to invest, though?
Eyes on Housing
SEPTEMBER 22, 2023
Nonfarm payroll employment increased in 33 states and the District of Columbia in August compared to the previous month, while 17 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 187,000 in August, following a gain of 157,000 jobs in July. On a month-over-month basis, employment data was strong in California, which.
Housing Wire
SEPTEMBER 22, 2023
The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. While the central bank left the benchmark rate unchanged in the target range of 5.25%-5.5% this week, Fannie Mae Chief Economist Doug Duncan believes that mortgage rates will stay elevated before the Fed makes further rate cuts.
Inman
SEPTEMBER 22, 2023
Chastin Miles is a Dallas real estate mogul and social media force to be reckoned with. In his latest Snapshot profile, Brandon Doyle learns Miles' best tips for putting yourself out there online.
Lamacchia Realty
SEPTEMBER 18, 2023
On Monday, September 18 th Lamacchia Realty announced its most recent acquisition of the well-known Seekonk brokerage, Keystone Property Group which has had over $100 million in annual sales volume in Massachusetts and Rhode Island for the past several years. Keystone is home to 52 REALTORS® all under one managing broker, Jodi Hedrick. She built the brokerage from the ground up and has impressively managed the successful business single-handedly since it opened.
BiggerPockets
SEPTEMBER 22, 2023
Is a jumbo loan a good option for real estate investors? We'll explain what is a jumbo loan and provide some pros and cons for this financing option.
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