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How will appraisal technology evolve in 2022?

Housing Wire

With an appraiser shortage that’s causing delays across the country, it’s time to apply more intelligence to the way we get the right appraiser to the right property at the right time – very similar to what Uber has done for the transportation and freight industries. HW: What innovations should the industry be looking out for in 2022?

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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Consider the property’s proximity to amenities, transportation, schools, and employment hubs. As has been reported thoroughly, this will be a problem for people who are not well-positioned.

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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

The modern kitchen features wide-board pine floors and lots of windows to soak in the natural light. Most buyers interested in a home that has not been electrified also rely on horse and buggy as a common form of transportation. The design of the 10-bedroom house is the brainchild of its art historian homeowners, along with U.S.

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Driving Toward Vehicle Charging Capabilities for the Home

Will Springer Realtor

Additionally, the Washington Legislature budgeted $103M in public charging infrastructure in 2022 – all while the state passed a law last year that bans the sale of new gas-powered vehicles by 2030. All fuel-powered forms of transportation – yes, planes, trains and automobiles – contribute about 27% of the country’s greenhouse gas emissions.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Data experts mapped out this cohort’s gradual decline – from about 32M in 2022 to 23M in 2035, or approximately 9.2M were flipped last year, down 29% from 2022 and the largest annual drop since 2008. That’s up from 36% of sales in 2022 but far from the peak this century of 45% in 2011, according to ATTOM. >>

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Appliances for FHA appraisals

Appraisal Today

The tremendous growth in the creation of infrastructure for the expansion of major cities, water systems, canals for transportation of goods, road and street systems, inevitably required acquisition of private property. in the first quarter of 2022. That’s comparable with 31.9% The highest share of any quarter on record is 34.5%

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House votes to increase HUD budget by $12.6B

Housing Wire

The Transportation, Housing and Urban Development appropriations bill , which was lumped in with five other bills, would set aside $73 billion in gross appropriations for the department. billion more than the department’s 2022 final budget, and $1.1 million for FHA Catalyst , FHA’s flagship IT modernization project.