Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Acres: 0.7960055, built in 1993 The residence in Poipu was built in 1993 and designed by Seattle architect Ralph D.

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Appraisal Real Estate Real Estate Agent Contracts 77

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Mortgage rates were 18%+. I worked for an assessor’s office then. per month, $24.75

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Appraisal Inspection Modernization Business 70

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! Some use postal mailings or office visits, such as you did in the mortgage broker days. Or hit the reply button.

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Appraisal Design Contracts Inspection 72

Appraisal Today

FEBRUARY 23, 2024

The challenge of pulling comps in 2024 By Ryan Lundquist February 14, 2024 Excerpts: Pulling comps in 2024 is tough. I also have some market recap visuals to unpack what’s been happening in 2024 so far. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city.

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Appraisal Real Estate Contracts Reconsideration of Value 68

Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year.

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Design Real Estate Architecture Property Management 78

Appraisal Today

MARCH 22, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Fannie March Update, Bias and not using time adjustments, Climate change effects on risk and values, answer your phone if you want more appraisal business, unusual homes, mortgage origination stats, etc. Georgian Country Mansion in Greenwich, CT Listed at $33.8M

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Appraisal Contracts Business Insurance 66

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. Remember the old days with personal relationships with mortgage brokers? January 17, 2024) — Mortgage applications increased 10.4

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Appraisal Contracts Real Estate Architecture 74

Appraisal Today

JULY 28, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, USPAP and Bias, Fannie changes, unusual homes, mortgage origination Futuristic in Folsom, CA, near Sacramento for $2,395,000 4bed 4.5+bath Varies widely around the country. == Mortgage applications decreased 1.8 year-over-year.

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Appraisal Contracts Mortgage Clients 80

Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? baths, 16,225 sq.ft.,

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Housing Wire

NOVEMBER 30, 2023

Hondros College Best Ohio real estate school for fulfilling prelicense requirements Visit Website Hondros courses are designed and taught by industry experts who are active in their fields, using real world scenarios to help you retain course concepts. Choose between in-person on campus, instructor-led livestream, and self-paced online.

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Real Estate Real Estate Agent Law Inspection 421

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = Built in 2014, the six-bedroom estate was designed to resemble an English manor. and Conditionality.

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Appraisal Today

APRIL 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc. I was lucky to have never had to use new construction as a comp on an existing home. per month, $24.75

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Appraisal Construction Contracts Architecture 78

Housing Wire

DECEMBER 23, 2020

Reports on housing data are headline-driven, and headlines are designed to cause folks to overreact in both positive and negative ways. However, construction should continue at a slow and steady pace. months and above, builders tend to halt construction. However, the years 2020-2024 would be different. months plus supply.

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Inventory Construction Housing Market Design 528

Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. No effect on value.

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Appraisal Contracts Training Architecture 81

Housing Wire

OCTOBER 17, 2023

Barber added that, unfortunately, the current profit-margin mark “could easily be wiped out by flipping carrying costs — mainly mortgage payments, renovation costs and property taxes.” Sector leaders are predicting more of the same for 2024. And we don’t see anything impending that really drives a significant change in 2024.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. What Fannie Says About 3d Printed Homes in Announcement SEL-2023-08September 6, 20233D printed homes are an innovative building technique that brings efficiency and potential cost savings to new home construction.

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Appraisal Today

FEBRUARY 9, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! single-family homes for sale in the fourth quarter were new construction. Acre lot, built in 2023 as a spec home. .

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Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. And in 1992, this daring design was purchased and transformed into a single-family home, which recently hit the market for $25 million. We’re breaking down the USPAP 2024 changes, so you know what to expect.

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Appraisal Law Contracts Business 81

Will Springer Realtor

OCTOBER 3, 2023

Cities and counties are not required to authorize the construction of an ADU where development is currently restricted under rules related to the proximity of an on-site sewage system, critical environmental areas or other unsuitable physical characteristics of a property like where there are landslide risks.

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Law Design Construction Government 66

McKissock

AUGUST 20, 2021

According to this DS News story , “In a move to further create housing opportunities for all, the Federal Housing Finance Agency (FHFA) has proposed housing goals for Fannie Mae and Freddie Mac (the GSEs) for 2022 to 2024.” Builder confidence sinks to 13-month low.

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Appraisal Sellers Housing Market Design 68

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here. By Mark Buhler.

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Construction Appraisal Modernization Contracts 52

Eyes on Housing

MAY 17, 2024

Single-family built-for-rent construction posted year-over-year gains as of the first quarter of 2024, as builders sought to add additional rental housing in a market facing ongoing, elevated mortgage interest rates.

Design 97

Design Construction Mortgage Marketing 97

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. The first makes permanent a pandemic-related policy that exempts affordable housing from the design review process. . = Zoning laws in the U.S.

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Law Development Design Government 36

Will Springer Realtor

AUGUST 11, 2023

NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). >> Bellevue is rated No.

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Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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HOA Transportation Construction Buyers 36

Will Springer Realtor

APRIL 10, 2024

Climate-resilient housing, which is designed and constructed to withstand and adapt to the impacts of climate change, is increasingly recognized as a critical priority for our region. The average mortgage holder paid $4.90 For housing and mortgage professionals, however, these apparent highlights are persistent nuisances.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. million sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. When you raise [mortgage] rates to the point they’re at today, it breaks the back of housing.”. falls into a recession.

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Housing Market Marketing Buyers Real Estate 36

Empire Appraisal Group

OCTOBER 13, 2021

Homeowners can bundle the cost of panels into their mortgage, says Amy Tovel, marketing manager of Ichijo USA , a company that installs modules on many Pacific Northwest homes. The tax credit expires starting in 2024 unless Congress renews it. Is my roof designed so it can accept panels? ©MN Custom Homes. a Fremont, Calif.

Design 78

Design Architecture Investing HOA 78

Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = It was a year of gyrating mortgage rates and stubbornly high home prices. Mortgage rates rose and rose again to more than 8% but have since mercifully fallen by nearly a percentage point. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7%

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. Rainier-esque peak of a decade past!

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Real Estate Inventory Buyers Construction 36

Housing Wire

APRIL 15, 2024

Louis that compares the median home price in Nevada at the time Biden took office ($342,995) to the figure as of January 2024 ($460,000), and illustrated increases in monthly payment obligations for Federal Housing Administration (FHA) borrowers. million new housing units are under construction nationwide right now because of it.

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. That is, to Designate appraisers, Advocate for appraisers, and Educate appraisers (DAE).

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Appraisal Contracts Architecture Law 52

Will Springer Realtor

MARCH 11, 2024

Some are even considering forgoing insurance altogether, risking their financial security once mandated by mortgage lenders. at the start of 2024 after increasing them by 8.7% Our state’s mortgage holders with at least half of their home equity fell from 56.7% Source ) Locally, Puget Sound Energy raised electric rates by 1.7%

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Insurance Sellers Real Estate Buyers 36