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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

The transformation is required at the end of 2026 with testing beginning late 2025. Ernie is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.64

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. The opening is targeted for 2026.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

As part of the project, developers are sketching out plans for a pair of office towers at least 41 stories tall on a 4.6-acre Estimated opening is 2026. Among the 389 units, 16 are actively for sale, six are under contract and another 43 homes have sold so far in 2021.

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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