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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. ==. Did anyone think in early 2020 that home values all over the country would go off the charts? USPAP and the Contract. No one did. 8-minute podcast.

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Too many appraisers?

Appraisal Today

The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen home values rise at record rates over the past few years.

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The nation’s housing market is on a correction course

Housing Wire

The reasons it will avoid a crash, according to Zandi, are that overall housing-inventory levels remain relatively tight by historical measures; mortgages overall have and continue to benefit from solid underwriting and oversight; and we are not seeing the kind of speculation that marked the housing market in the run-up to the 2006/07 crash. “I

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How to Reduce Appraisal Revision Requests

Appraisal Today

When I did my national conferences from 2001 to 2006 there were no tests. ==. How Grocery Store Locations Impact Home Values. The average value for homes near a Whole Foods is $891,416, and $321,116 for homes near an ALDI. The average contract interest rate for 15-year fixed-rate mortgages decreased to 5.84