Housing Wire

DECEMBER 28, 2021

“We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. What we’re starting to see is more of a cooling or a plateauing than a market correction.”. on pace for 6.29

Real Estate 446

Real Estate Realty Brokerage Realtors 446

Appraisal Today

OCTOBER 7, 2022

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. The typical appraiser reports a 40-mile radius in which they conduct appraisals. While agents can “puff” we cannot!

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

JUNE 10, 2022

How can we fix the excess of appraisers? Too many appraisers? 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. Purchase vs. refi appraisals.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

AUGUST 5, 2022

VA Approves Desktops and Exterior-Only Appraisals. The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. “The Humor for Appraisers.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Appraisers – check the water source! Hybrid appraisal survey ).

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Empire Appraisal Group

SEPTEMBER 16, 2022

Housing volatility is pushing more sellers to work with real estate pros rather than go it alone. The volatile housing market over the last couple of years has driven more consumers toward using real estate professionals rather than attempting to complete a transaction independently. Marketing to potential buyers.

Marketing 78

Marketing Realtors Sellers Real Estate 78

McKissock

SEPTEMBER 1, 2020

In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. The examples given in the last post were about “the property to be appraised” being atypical. Form of ownership.

Appraisal 61

Appraisal Land Lease Valuation Real Estate 61

Housing Wire

JUNE 23, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Become a member today.

Housing Market 380

Housing Market Real Estate Agent Marketing Loan Officers 380

McKissock

SEPTEMBER 7, 2021

Additional indicators can be some of the factors that led up to the last market bust; there are plenty of articles online with which to familiarize yourself. Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. M) Media reporting that the market has peaked is a sign.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Empire Appraisal Group

APRIL 22, 2021

“The housing crash set back millions of Americans on the path to having their own place to call home, whether they owned or rented it,” said Zillow senior economist Jeff Tucker. Between a wave of foreclosures, rising rents, and underbuilding of new homes, the housing market became much harder to crack into from 2006 to 2017.

Construction 78

Construction Finance Housing Market Buyers 78

Housing Wire

FEBRUARY 8, 2024

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

Inventory 437

Inventory Agents Housing Market Luxury Properties 437

Appraisal Today

OCTOBER 14, 2022

Appraisal Risk, Reviews, and Revisions. Excerpts: This is part three of a three part series on appraisal review – Read parts one and two. I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Appraisers and AMCs spend less time and have fewer hassles. By Ken Dicks.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Housing Wire

MARCH 18, 2021

“This is the strongest seller’s market since at least 2006,” Fairweather said. ” Fairweather insisted the housing market isn’t in a bubble, however, and expects demand to settle down as mortgage rates rise.

Buyers 545

Buyers Sellers Inventory New Listings 545

Empire Appraisal Group

OCTOBER 28, 2021

USA TODAY spoke to eight experts to find out if a housing crash is on the horizon. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Stronger mortgage market. The most significant housing demographic patch ever recorded in history – roughly 32.5

Inventory 78

Inventory Housing Market Construction Real Estate 78

Housing Wire

APRIL 21, 2022

Today, the most homes since 2006 are starting to be built, at an annual adjusted rate of over 1.1 Stapp, though, wondered if the unusually constructed and distinctly shaped homes can jump through the other hoops of housing approval, namely the owner qualifying for a conventional 30-year mortgage loan. Census Bureau numbers.

Construction 395

Construction Supply Chain Investors Business 395