Appraisal Today

MARCH 31, 2023

Ok appraisers, it’s time to speak out and stand together. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. Call to Action.

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Housing Wire

MARCH 26, 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. House Financial Services Committee.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? Worried about missing out on a boom? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Remember: real estate is hyper-local! Need To Sell?

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Appraisal Today

NOVEMBER 20, 2022

Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders. Failure to make appropriate time/market adjustments (positive or negative). FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023.

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Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. Housing demand significantly cooled, first in U.S. markets more dependent on the multi-billion-dollar tech industry.

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Will Springer Realtor

APRIL 14, 2023

HOUSING AND THE CARBON CONUNDRUM Happy spring! If you’re looking for something fun to do on a day off, check out the Skagit County Tulip Festival in and around Mt. Across Washington, 60% of low-income and 23% of middle-income households are burdened by housing costs, compared to only 6% of high-income households. Vernon, Wash.

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Will Springer Realtor

FEBRUARY 8, 2023

The company recently confirmed it was also pulling out of an office tower with about 370K sq. Here we are venturing through a half-dozen weeks of the new year and in anticipation of a busy residential sales season when a series of tremors hit. At the epicenter: our region’s mighty tech sector. of space near its Seattle HQ (pictured atop).

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Appraisal Today

OCTOBER 13, 2023

If you say the market is stable, perhaps you add a sentence or two to expound on that. How to Level Up as an Appraiser By Conrad Meertins Jr. Excerpts: The key is not the letters but the competency or skill. For example, are you competent to prepare an entire appraisal from start to finish? You might answer, “Absolutely!”

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Will Springer Realtor

FEBRUARY 14, 2023

The Seattle/King County housing year kicked off slowly with some promising signals. Inflection points are important in finding those signals and since last month’s assessment of the market, we are beginning to see what appear to be important – possibly significant – upward inflection points in housing market data.

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Will Springer Realtor

AUGUST 9, 2022

What’s not to like about an affordable housing option with private access, bedroom, kitchen, bath and living area? Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. You deserve it!

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Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? off their 2022 high of 3.92% (the highest level since May 2019). It’s all bad for the economy and housing.

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Will Springer Realtor

APRIL 11, 2022

One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing. Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources.

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Will Springer Realtor

FEBRUARY 9, 2022

Nobody said house-hunting was fair or fun. Plus, there are plans from the government agency that backs most mortgages to increase fees (known as Loan Level Pricing Adjustments) to certain applicants, including second-home properties, high-balance loans and cash-out refinances. It can often be trying and tiring.

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Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! = 19) at 10am PT.

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Will Springer Realtor

NOVEMBER 10, 2023

Roughly 84% of newly built, single-family homes sold in 2022 were part of an association, according to U.S. The figure was 70% only 10 years ago. These private, rule-setting associations – of which there are more than 350,000 in the nation – are growing in number but they should also be a waving caution flag to Fair Housing watchdogs.

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Will Springer Realtor

NOVEMBER 12, 2021

Scholars have called the decades-long regulation a “straitjacket” on housing growth, an impediment to improving our personal and public economic health. In this monthly newsletter, we have called for a generational response to the housing shortage, particularly to address the near-absence of affordable homes. Some parts of the U.S. –

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Will Springer Realtor

FEBRUARY 9, 2024

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. Many can apparently afford to live on their own; people in Seattle with a college degree earn a median income of $116,000, according to Census data from 2022. Whether this is a healthy existence is another story.

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