Remove 12 property-taxes-by-state-2021
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With low inventory, house hunters are in full safari mode

Housing Wire

trillion in mortgage originations in 2021. Meanwhile, mortgage interest rates have hovered in the 6% to 7% range over the past six months, up more than 3 percentage points since early 2022, yet home prices have increased for several months in a row, Freddie Mac ’s chief economist, Sam Khater, points out in a recent commentary.

Inventory 461
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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

A $250 monthly child tax credit from the federal government for each child also helps the household. The four-bed property was perfect for the pre-Covid reality, but it is challenging to afford right now. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program.

Mortgage 335
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When borrowers ‘ghost’ their servicers

Housing Wire

million homeowners became delinquent and entered forbearance between March 2020 and November 2021, the end of the fiscal year. But in 2022 these safeguards are not in place anymore, forcing companies and homeowners to face the problem. Also, servicers were not allowed to execute a foreclosure-related eviction until September 2021.

Law 349
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Property Taxes and the Cost of Home Appreciation in a Hot Market

Will Springer Realtor

Don’t look now but something else is about to cost you more – property taxes. Homeowners in King County – or the lenders paying their mortgage – recently received notices in the mail about the assessed value of their property. This figure will help adjust their property tax next year. Bellevue will experience a 6.8%

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A property tax reckoning is coming

Housing Wire

The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. Pick your battles.

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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. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. NAR Appraisal Survey 2022. passed November 28, 2022.