Remove 2019 Remove Contracts Remove Inventory Remove Modernization
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Existing home sales data shows extent of housing inflation

Housing Wire

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Total Inventory data fell in this report from 1.31 It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52 I am a big fan of inventory to 2019 levels. Unsold inventory sits at a 3.2-month

Inventory 478
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Apps for Appraisers

Appraisal Today

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. The average contract interest rate for 5/1 ARMs decreased to 6.20

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. We’ve seen a massive change in housing inventory. With four bedrooms and 4.5

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Appraising Unusual Properties

Appraisal Today

The current official unofficial Advisory Opinions of the Foundation reference the 2018-2019 version of USPAP. To read more, click here My comments: For decades, George has been trying to “modernize” how appraisals are done. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.10

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LAYERS OF UNCERTAINTY AMID JOB CUTS, OFFICE VACANCIES

Will Springer Realtor

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. in mid-2019. Bedroom-sized home offices are no longer the norm in modern floor plans. Seattle feels unsettled.

Retail 36
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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Total Eastside inventory rose to 1366 active listings, up 52% in one month and 210% in a year. since May and down 22% YoY.