Remove 2007 Remove Contracts Remove Design Remove Inventory
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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Two percent of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.”. You can clearly see that inventory is increasing as the number of active listings is growing, and we are not finished with July. More Signs of Slowing – A Peek at July Data.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion.

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Appraisers and Local Market Analysis

Appraisal Today

Inventory levels. It started in 2007 in Vacaville, near Sacramento, CA. The wild designs that cover the walls and ceilings are made of caulking compound, paint, Styrofoam, and wood. “We Originally, the house was designed as a three-bedroom with one bathroom,” she adds. So, what metrics are worth watching? percent from 6.81

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Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. Some of the most common causes of buyer’s markets include: Economic recession: An economic recession occurs when economic activity declines significantly in a designated region for a prolonged period.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. .

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. Seattle experienced a 32% (1031) monthly increase in new listings but a 15% (558) decline in homes going under contract, as median prices fell 2.9% ($900,000) since August and remain 5.9% months’ inventory. last month.

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

That’s the most since 2007. There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. A drying up of listings sent inventory figures lower.