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Pending home sales shock 2021 housing crash bears

Housing Wire

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

As a result, appraisers who have this kind of specialized training can often command hourly rates significantly above those who do not. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices. About the Author.

Appraisal 309
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Can 3-D printed homes help solve the housing crisis?

Housing Wire

There were, for example, prefabs shipped out by Sears Roebuck in the first half of the 20 th Century, as well as the balloon framed wood houses of the late 19 th Century. The company’s mission is to deliver, “Affordable, mainstream market rate, and disaster relief” housing, a spokesperson said. Part of the toolbox.

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The appraisal industry’s hidden hand

Housing Wire

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It I have always been good with numbers, and I enjoy looking at houses,” he said. But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded.

Appraisal 394
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Appraiser Countersues Alleged Discrimination

Appraisal Today

In the past, appraisers were trained by FHA to redline, with lower values in Black neighborhoods. The current owners bought the place in 2014. Markets go up and down I’ve been writing for years about how normal it is for markets to go up and down. Housing markets are like my waist line. percent from 6.75

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Built in 2014, the six-bedroom estate was designed to resemble an English manor. Some AMCs may use appraisers for data collection at a reasonable fee instead of Uber drivers with 3 weeks of training. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.57