Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. Very interesting background.

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Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Features include a pool house haven, a 5,000 sq ft guest house that can be utilized as a rejuvenation center, and a cantilevered spa with an indoor/outdoor pool. Freddie introduced ACE+PDR* in July 2022. percent from 6.93

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Appraisal Today

JANUARY 20, 2023

Excerpts: Appraisers, I recently sent out a message asking appraisers to send me three data points comparing borrower-paid appraisal cost, and average AMC paid assignment fees in October, November 2021 and the same months in 2022 – for SFR assignments. retained by the AMC Average AMC appraisal fee to the appraiser in 2022: $591, or 26.3%

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Real estate market? ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view.

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Appraisal Today

AUGUST 5, 2022

Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. To read more about the May 2022 proposal to eliminate the fee panel , click here . The housing market is cooling-off. To read it, click here.

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Appraisal Today

JULY 1, 2023

Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices First American Blog June 26, 2023 Excerpts:“Nominal house prices need to adjust to the reality of higher mortgage rates for the housing market to become more affordable and balanced, but a fundamental housing supply shortage is keeping a floor on how low house prices can go.”In

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Appraisal Today

DECEMBER 23, 2022

By: McKissock December 16, 2022. I’m always looking for something new ;> If you are a paid subscriber and did not get the December 2022 issue emailed on Thursday, December 1, 2022, please email info@appraisaltoday.com , and we will send it to you!! How to Identify a Residential Complex Property. Don Quixote? ==.

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Listing Spark

AUGUST 23, 2023

How Buyers Can Successfully Purchase an FSBO With today’s market and resources, it’s possible to navigate all of those potential challenges. It’s important to note that 10% of home sales in 2022 were FSBOs. Staying in control of the contract process: In Texas, real estate agents must use standardized TREC contracts.

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Appraisal Today

JANUARY 27, 2023

The modern kitchen features wide-board pine floors and lots of windows to soak in the natural light. One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.”

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Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. Spiking housing supply & fewer buyers. July 25, 2022 . We’ve seen a massive change in housing inventory. Let’s talk about supply and some things on my mind about today’s market. By Ryan Lundquist .

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Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. trillion in 2022, a $78 billion decline from last month’s forecast. The mortgage market is projected to slip further to $1.3 million in 2022 and 3.93

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Appraisal Today

SEPTEMBER 8, 2023

Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. But that popularity did not translate into a sale, and the stately dwelling returned to the market more recently in 2021 for $35 million. The average contract interest rate for 5/1 ARMs decreased to 6.33

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Appraisal Today

AUGUST 18, 2023

homes are worth $1 million or more, near June 2022’s all-time high of 8.6%. 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 30-year fixed-rate mortgages backed by the FHA decreased to 6.93

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Appraisal Today

JULY 7, 2023

Filed in August 2022 in the U.S. Everything has been fully modernized. Markets go up and down I’ve been writing for years about how normal it is for markets to go up and down. Housing markets are like my waist line. from May 2022. Connolly & Mott v. Shane Lanham et al. to a pace of 4.30

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Will Springer Realtor

MAY 13, 2024

Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. Data experts mapped out this cohort’s gradual decline – from about 32M in 2022 to 23M in 2035, or approximately 9.2M likely freeing up a bundle of housing supply. But for how long?

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Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. By McKissock November 15, 2022. By Jim Morrison November 14, 2022. Excerpts: While the attendance and show were great, the mood of attendees was a bit down and the market stats we heard could be the reason.

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Appraisal Today

SEPTEMBER 23, 2022

House Passes VA Appraisal Modernization Legislation. This legislation is an important first step towards broad modernization of VA appraisal processes and could make veterans’ home purchase offers more viable in today’s competitive housing market. I’m always looking for something new ;> U.S.

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Appraisal Today

SEPTEMBER 9, 2022

Cities With the Cheapest Mansions for Sale in 2022. But here’s the reality: Even in today’s fraught, price-squeezed housing market, you don’t actually need to be rich or famous to afford a sprawling home. The August 2022 issue of Appraisal Today had this article by Tim: “Markets are changing. The 10 U.S.

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Will Springer Realtor

JANUARY 9, 2024

It’s a positive shift that could soon reshape the landscape of the housing market, offering hope and opportunities for those eager to embark on a new homeownership journey. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Olympia also established a law, effective Jan.

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Will Springer Realtor

MAY 9, 2022

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

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Appraisal Today

OCTOBER 14, 2022

In the October 2022 issue of the monthly Appraisal Today Newsletter. Redfin Survey October 07, 2022. Appraising in a Fast-Changing Market. By Ken Dicks, October 3, 2022. At the Bloomhouse, you leave behind the confines of modernity and the rules of logic, to live only in whimsy. Let the story begin.

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Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Why the desire to leave?

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Will Springer Realtor

JUNE 9, 2023

Our region had a net gain of 17,750 people in the 12 months ending July 1, 2022. city and it comes only a year after our market experienced a net loss of about 4300 people. While I’m all for a growing and diverse melting pot in our region, it’s quite apparent we need a bigger “pot” in the form of more housing. Census data.)

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Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022. He expects an inevitable sales slowdown, likely of about 7% year-on-year by the end of 2022. APRIL HOUSING UPDATE.

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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. 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. Census data. in Redmond.

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Will Springer Realtor

OCTOBER 11, 2023

A report by RentCafe claims Seattle metro added 36,952 units to the rental market between 2020 and 2022. >> rose 11% this year, according to The Wall Street Journal (paywall), as housing costs and evictions triggered people to lose their homes despite record funding to combat the issue. This 3-bed, 2.5-bath

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Will Springer Realtor

SEPTEMBER 8, 2021

and another 10% boost in 2022. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?”

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Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25. this chart shows, each time the economy slowed significantly, mortgage rates declined.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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