Remove 10 home-prices-are-close-to-dipping-below-last-year
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April data suggests we’re close to peak rent inflation

Housing Wire

April’s Consumer Price Index data is welcome news to the Federal Reserve , which is debating whether to continue hiking interest rates after its most recent 25 basis point hike last week. Overall, consumer prices cooled further in April, with the CPI rising 4.9% compared to April 2022. compared to a year prior.

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Logan Mohtashami: The 2022 housing forecast

Housing Wire

With those two factors still very much in play, here is my 2022 forecast. The 10-year yield and mortgage rates. For 2022, my range for the 10-year yield is 0.62%-1.94% , similar to 2021. We had a few times in the previous cycle where the 10-year yield was below 1.60% and above 3%.

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Appraisals: Using Comps Across a Freeway?

Appraisal Today

I don’t normally pull comps across a highway In so many cases it’s an awful idea to cross a major road or highway to pull comps because a highway sometimes separates markets that are far different in age, square footage, lot size, architecture, price point, school district, etc…. baths, 2,991 square feet, 0.34 Acre lot. .

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6% mortgage rates are back (for select borrowers)

Housing Wire

After hitting a 23-year high of 8% in October, mortgage rates have cooled down to the lowest levels since July. There’s been increased activity in the last two weeks [more] than the last two months. It’s too early to tell December figures but we closed about 5% more transactions last month compared to November 2022.

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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. To read more and see 96 photos and 3d video, click here My comment: Interesting sales price!

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Since the COVID-19 lockdown, homes have a higher “intrinsic value” to people as they spend more time in their abode (implying that many families will allocate a higher percentage of their total net worth to making their home their haven).

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Will existing home sales climb at all this year?

Housing Wire

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 It’s now obvious to everyone that home prices have held up in 2023 because demand has exceeded the very limited supply of homes to buy. Will the total sales rate fall below 4 million?

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