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2023 Maine Year in Review

Lamacchia Realty

The attempt to restore equilibrium in interest rates, following their drastic drop in 2020, brought about then of pandemic-induced rates, resulting in a sustained presence of higher monthly mortgage payments. However, a significant portion of the decrease is also linked to the persistently low inventory levels due to a lack of sellers.

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ChatGPT for Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard. August 9, 2023) — Mortgage applications decreased 3.1

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Year Built: 2003. Typically, headline market statistics do not reflect what buyers and sellers are living in their respective areas/communities. Get PDF Now. Table of Contents. How Is My Neighborhood Doing?

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The real danger of releasing the GSEs from conservatorship

Housing Wire

Time is a funny thing in the mortgage business, moving in cycles like the economy. Warren Buffett, one of the biggest investors, divested all GSE holdings between 2003 and 2005. mortgage market was a sure bet, they could get AAA ratings on these private label securities that executed better than agency execution. GSEs go all in.