Housing Wire
FEBRUARY 6, 2023
Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front.
Eyes on Housing
FEBRUARY 3, 2023
Job growth rebounded in January. After declines for five consecutive months, total nonfarm payroll employment increased by 517,000 in the first month of 2023 and the unemployment rate hit a 53-year low at 3.4% as more people entered the labor market.
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Housing Wire
FEBRUARY 1, 2023
High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market.
George Dell
FEBRUARY 1, 2023
Market, the word, is used over 2500 times in The Appraisal of Real Estate. And over 650 times in the current (2021-2024) version of USPAP. Market” must matter! But what is it? Market” has two main meanings which correspond to the definitions in The Dictionary of Real Estate Appraisal.
The Appraiser Coach
JANUARY 31, 2023
Do you have a virtual assistant hired? Many appraisers have found this to be a great way to get needed tasks accomplished without having to do them yourself. You may.
Eyes on Housing
JANUARY 31, 2023
Dwindling housing affordability in the fourth quarter of 2022 caused the share of prospective home buyers who are actively engaged in the purchase process (i.e. who have moved beyond just the planning phase) to drop to 46%, down from 59% a quarter earlier.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 1, 2023
Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete.
Inman
FEBRUARY 1, 2023
Whether you’re looking to start strong or take your existing business to the next level, a mentor can be key. Learn how to find the expertise and experience you need in a real estate mentor.
Valuation Review
FEBRUARY 6, 2023
#appraisalmodernization #OPTEON #advancedalternativemethods #appraisers
Housing Wire
FEBRUARY 2, 2023
The Federal Reserve Chairman Jerome Powell maintained a hawkish tone during his speech at a press conference on Wednesday afternoon — but it wasn’t hawkish enough to keep optimism from spreading across the markets as mortgage rates dropped closer to 6%.
Inman
FEBRUARY 2, 2023
The motivation for Shemesh's termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman.
Valuation Review
FEBRUARY 6, 2023
#2023appraisalinstitutepresident #craigsteinley #moreappraisertopics
Eyes on Housing
FEBRUARY 1, 2023
An earlier post revealed that 65% of buyers who were actively engaged in the process of finding a home in the fourth quarter of 2022 have spent 3+ months searching for a home without success.
Boston Appraisal
FEBRUARY 2, 2023
Appraisers are often tasked with providing valuations for properties that can be very different from one another. From one house to the next, things can and often do change. Everything from the number of bedrooms to the quality of the construction.
Housing Wire
FEBRUARY 1, 2023
Building the future of mortgage servicing technology is about granular, nuanced innovation — knowing what changes must happen and when, and executing with no mistakes across scale operations where every tiny detail is highly regulated.
Inman
FEBRUARY 1, 2023
Hosting a budget-friendly real estate seminar doesn't have to be overwhelming or expensive — all it takes is a bit of creativity and planning ahead of time so you can make sure everything runs smoothly on the day of the event itself.
Appraisers Blog
FEBRUARY 1, 2023
The following court documents in the case Naftali Horowitz v. Nicole Andrews, Fastapp AMC founder v.
Eyes on Housing
FEBRUARY 1, 2023
Further downshifting its pace of tightening of monetary policy, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis points, increasing that target to an upper bound of 4.75%.
Valuation Review
FEBRUARY 1, 2023
#DustinHarris #TheAppraiserCoach #businessstructure #appraiseradvice
Housing Wire
JANUARY 31, 2023
The Federal Housing Administration (FHA) announced on Monday changes to its loss mitigation options for borrowers struggling to pay their mortgages. The announcement follows the Biden administration’s decision to set an end date for the COVID-19 pandemic national emergency declaration.
Inman
JANUARY 31, 2023
The Case-Schiller index posted a 7.7 percent annual gain in home prices — down from a 9.2 percent gain in October — while the FHFA index showed a 0.1 percent decline in prices between October and November.
McKissock
JANUARY 31, 2023
As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input!
Eyes on Housing
FEBRUARY 1, 2023
Private residential construction spending declined 0.3% in December 2022, as spending on single-family construction dropped 2.3% amid higher mortgage rates. Private residential construction spending fell for the seventh consecutive month, standing at an annual pace of $857 billion.
Valuation Review
FEBRUARY 1, 2023
#ValuationReview #exclusiveinterview #appraisalinstitute #president #industrygoals
Housing Wire
JANUARY 31, 2023
First Internet Bank is shutting down its consumer mortgage business due to a steep decline in mortgage volumes and the negative outlook for mortgage lending that is forecasted to continue for the next several years.
Inman
JANUARY 31, 2023
Cold calling can be an intimidating prospect for many real estate agents, but it doesn’t have to be, writes renowned trainer Darryl Davis.
GoForrmz
FEBRUARY 6, 2023
Energy sector productivity improvements with GoFormz digital forms The energy sector is no stranger to challenges, especially over the last two decades.
Eyes on Housing
JANUARY 31, 2023
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.9% in the last quarter of 2022, which is statistically unchanged from the fourth quarter reading (66%). It is 0.4 percentage points higher than the rate in the fourth quarter of 2021.
Valuation Review
FEBRUARY 6, 2023
#FannieMae #deliverablebasedcontracts #SustainableCommunitiesInnovationsChallenge
Housing Wire
JANUARY 31, 2023
Yearly home price growth continued to cool in November as mortgage rates reached some of their highest levels in decades, which resulted in annual home price gains shrinking for the eight consecutive month, according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday.
Inman
FEBRUARY 2, 2023
The independent brokerage has hired Diyanna Ahuja to lead its team of more than 500 agents, who brings 2 decades of experience in luxury retail operations and real estate to the role. Brokerage Select dallas texas Diyanna Ahuja Rogers Healy rogers Healy and Associates
Lamacchia Realty
FEBRUARY 2, 2023
WHY YOU SHOULD USE A REAL ESTATE ATTORNEY TO SELL YOUR HOME As a home seller you may think you are saving money by not hiring an attorney to guide you through the legal aspects of your sale but in actuality, it could end up costing you more not to!
Eyes on Housing
FEBRUARY 6, 2023
The median age of owner-occupied homes is 40 years, according to the latest data from the 2021 American Community Survey[1]. The U.S.
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