Remove 12 10 surprising-things-that-can-decrease-property-value
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Strange Properties Appraisers Have Seen

Appraisal Today

Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. The AMC rep wanted to know if I could simply hit the nest with a can of wasp spray!

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

According to the survey responses, the majority of participants (76%) perceive the quality of property data collected by data collectors to be lower than that collected by appraisers themselves. I was surprised at how negative they were. Fifty-one percent of respondents expressed safety concerns with the data collection process.

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More Crazy Appraiser Stories!

Appraisal Today

The wife was at an appointment which is why, I figured out, that he wanted the appointment at 9:30 am rather than 10:00 am. NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==.

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What is a residential complex property?

Appraisal Today

How to Identify a Residential Complex Property. By: McKissock December 16, 2022. Excerpts: The property to be appraised is atypical. In this case, the property is an outlier, oddball, or not common for the particular area. For example: The owner doesn’t own property rights on a waterfront property.

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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. But by mid-2022, they shot up to over 6%. Let’s make sense of it all together!

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

The inter-bank rate stands at about 3.1%, coincidentally the exact figure that Freddie Mac reported at the start of 2022 as the average mortgage rate in the U.S. How long can this go on? He believes our three-county area is about 25% over-valued. from today’s U.S. figure of 8.3%. “The home prices will decline 5.5%

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Fannie’s New ANSI FAQS July 2022

Appraisal Today

Fannie’s New ANSI FAQS July 2022. Standardized Property Measuring Guidelines. In response to your feedback, we’ve updated the Standardized Property Measuring Guidelines with some new and substantively revised FAQs, including clarifications on the terms “declaration” and “statement of finished sq ft.”. My comment : Wow!