Remove 2005 Remove Buyers Remove Real Property Remove Sellers
article thumbnail

Uncertain future, forgetting the past

Annarbor Appraisal

In it I included a year over year chart of all sales through the local MLS back to 2005. This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings.

Buyers 78
article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. No appraisal required on those!

article thumbnail

Strange Properties Appraisers Have Seen

Appraisal Today

Nearly one-third of prospective buyers (32%) say the same if the home were in their desired location. Speaking of surprises, a recent Zillow analysis finds most states don’t require sellers to disclose paranormal activity in the home they’re selling. I quit all residential lender appraisals in 2005 due to the cyclicality.