Remove 2006 Remove Construction Remove Home Value Remove Mortgage
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New home sales fell again in February

Housing Wire

“Inventory is at a record low and homes are selling within a week of being listed – more than two weeks faster than they did in February 2020.”. As mortgage rates rise, all else held equal, house-buying power falls,” First American deputy chief economist Odeta Kushi said in a statement. after a 10.4% drop in January.

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The nation’s housing market is on a correction course

Housing Wire

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

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Too many appraisers?

Appraisal Today

The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. “Americans have seen home values rise at record rates over the past few years.

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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. It looks like the change is starting because of increasing mortgage interest rates. Kiefer expects home sales to henceforth “slow quite a bit over the summer.”.

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8 Experts: Sky-High Housing Prices Won’t Fall

Empire Appraisal Group

In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. But … home price growth will decelerate in the coming year, experts predict. Stronger mortgage market. mortgages were in forbearance. Forbearance programs.

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Are you better off moving or refinancing?

Cornerstone

Census confirms; these homeowners no longer have a mortgage.* Those who do have a mortgage are still seeing their equity spike. Each time home values increase, homeowners receive a dollar-for-dollar equity gain. Home Equity Report shows: “34.4 Home Equity Report shows: “34.4

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How to Reduce Appraisal Revision Requests

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc. The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. Excerpts: Built 1990 | 6,106 Sq.