Trending Articles

How did the pandemic change the state of the appraisal market?

Housing Wire

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. To submit your company, go here.

How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand.

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Housing inventory has never been lower

Housing Wire

It’s official – housing inventory in America is at a crisis level. The number of active listings hit an all-time low during the week ending November 28, according to a Redfin report published on Wednesday.

Listing Inventory Trends In The Time Of COVID

Miller Samuel

The Winter 2022 issue of Elliman Magazine was published this week and it is quite a beautiful publication. I created a chart for the publication which compares month listing inventory trends across a number of the markets we cover for Douglas Elliman.

Is Appraisal Obsolete (The Process)?

George Dell

Process: Current appraisal practices are controlled by the quirks of each ‘valuation’ industry: appraisal by obsolete assumptions of data difficulty, AVM ‘automated’ models by industrial secrecy, and other non-appraiser products which are under-regulated or over-regulated — depending on original intent.

Breaking Barriers to Success

The Appraiser Coach

Are you getting in your own way? Are you limiting your own success because you don’t believe that it is possible to reach your goal? There is a way you. Read More.

What Omicron, bond market and jobs mean for housing

Housing Wire

Today, the Bureau of Labor Statistics reported 210,000 jobs were created in November — a miss from estimates. They also reported 82,000 in positive revisions to the previous jobs report. The unemployment rate is currently at 4.2%. For men and women age 20 and over, it stands at 4.0%.

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What’s The Size of Your Driveway?

Cleveland Appraisal Blog

One appraiser reports a driveway to be two cars in size. Another says the same driveway is six cars in size and another says the driveway is an eight-car driveway. They may all be correct! How so? It really depends on how the appraiser is looking at it.

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Employment Situation in October: State-Level Analysis

Eyes on Housing

Nonfarm payroll employment increased in 47 states and the District of Columbia in October compared to the previous month while three states lost jobs.

HUD Dismisses Claims Alleging Racism

Appraiserblogs

…white America (government) keeps trying to ‘fix’ Black People who are not broken in the first place! We’ve all heard of redlining. No one doubts it existed and MAY still exist, among private lenders. It’s hard to accept major national banking corps would risk it but it IS possible.

In the race to modernize title, firms double down on software

Housing Wire

Qualia CEO Nate Baker. In the next five-to-10 years, Doma CEO Max Simkoff wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning.

CoreLogic: Home Price Appreciation Slowed in October

Appraisal Buzz

home prices increased 1.3% in October compared with September and were up 18% compared with October 2020, however, the rate of appreciation slowed, according to CoreLogic ’s home price index.

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How to Add An Electronic Signature Form Field to Your Digital Form

GoForrmz

Leverage Signature fields to improve compliance, expedite processing and approvals, and simplify Signature location Whether you need to capture authorizations on work orders and timesheets or you’re a teacher collecting Signatures on permission slips , electronic Signature fields are important to our day-to-day.

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Strong Regional Growth Amid Lessened Suburban Shift: Q3 2021 HBGI

Eyes on Housing

The suburban shift for single-family home building, which was precipitated in large part by the onset of the COVID-19 pandemic last year continues.

ALOFT = “A Lack of Freaking Talent”

Appraiserblogs

When I read the announcement that Fifth Wall funded a relatively new startup called ALOFT, I and many of my peers were confused on what the value proposition actually is.

Mortgage rates remain flat as Omicron fears spread

Housing Wire

Mortgage rates increased one basis point to 3.11% in the week ending Dec. 2, ignoring the volatility in the financial markets caused by the Omicron Covid variant , according to the latest Freddie Mac PMMS mortgage report.

Soft Landing from Pandemic Could Mean Less Inventory, Higher Prices; Lower Rates Boosted Refis

Appraisal Buzz

Black Knight’s Mortgage Monitor for the month of October looks at current delinquency statistics and their potential downstream effects on inventory and other housing concerns.

Commercial firm announces acquisitions

Valuation Review

BBG recently announced it acquired Tampa-based appraisal firm Trigg, Catlett & Associates. Terms of the deal were not disclosed. Read on for more details about this acquisition

Construction Job Openings Surge

Eyes on Housing

The labor market continues to tighten, especially for the construction industry. The count of open construction jobs increased to 410,000 unfilled positions in October, the highest measure in the history of the data series (going back to late 2000).

[Customer Story] FOR Energy

GoForrmz

“ An audit takes a while.so to be able to shave time off of that is pretty valuable for the customer experience. ” ” — Vladimir Kostovski, Salesforce Consultant, FOR Energy.

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Residential construction jobs slowly return

Housing Wire

Following a strong showing in October , a somewhat disappointing U.S. jobs report released Friday shows that 210,000 non-farm jobs were added in November, bringing the unemployment rate down to 4.2%. While this is a 0.4% decrease in unemployment, the rate is still above the 3.5%

Fannie Mae Issues $100B in Green Bonds

Appraisal Buzz

Fannie Mae hit a major milestone in 2021 as it has now issued $100 billion in green, multifamily mortgage-backed securities (MBS).

Accurate Group announces acquisition

Valuation Review

Accurate Group recently announced the acquisition of eMerge Property Solutions, a market leader in supplying broker price opinions and other alternative valuation solutions.

Job Gains Decelerate in November

Eyes on Housing

While job gains decelerated in November, the unemployment rate dropped to 4.2% and the labor force participation rate increased to 61.8%, the highest reading since March 2020.

[Video] How Balmain & Co. Accelerates Warranty Claim Processing with Online Forms

GoForrmz

Discover how Balmain & Co streamlines the collection of client warranty claims with online forms and the Procore integration Balmain & Co, a Melbourne-based developer and builder, needed a more efficient means of collecting and processing warranty claims for their buildings’ apartment owners.

Agents harness the power of social media to generate leads

Housing Wire

When Gogo Bethke began her career in real estate back in 2011, the Romanian immigrant felt like social media was her only option to generate leads and close deals. “I I am not from here, so I had to figure out how to convince strangers to buy or sell a house through me,” Bethke explained. “A

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Falling Rates Spark Run on Refis

Appraisal Buzz

Overall mortgage application volume is on the rise, and with rates just above the 3% mark, refinances led purchase apps in a market still hamstrung by supply concerns. The post Falling Rates Spark Run on Refis appeared first on theMReport.com.

JLL exec outlines EPC due diligence

Valuation Review

Earlier, Valuation Review reported JLL Valuation Advisory hiring of Dennis Firestone as senior vice president/premier client accounts in its Environmental and Property Condition (EPC) team.

Study: ADUs Can Add 35% to Home’s Value

Empire Appraisal Group

Study: ADUs Can Add 35% to Home’s Value. Accessory dwelling units, also known as granny flats, in-law suites, or garage apartments, have been on the rise since the pandemic. ADUs are growing at a rate of 9% or 100,000 per year, according to a new analysis by Porch.com, a home improvement site.

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The Top 3 Digital Forms for Waste Management

GoForrmz

Improve your daily operations and data collection by utilizing these top waste management forms With digital forms, waste management organizations can significantly increase visibility into field team activities to create more efficient communication between in-field and administrative staff.

Fannie Mae Attains Milestone with Green MBS Issuance

Appraisal Buzz

Fannie Mae has completed the issuance of $100 billion of green multifamily mortgage-backed securities (MBS).

Presenters outline important ‘keys’ for appraisers

Valuation Review

October Research, LLC produced a webinar hosted by Valuation Review called “Keys for Operational Efficiency.

Racial Homeownership Rates Vary across the Most Commonly Cited Datasets. When and Why Should You Use Different Ones?

Urban

Without a common understanding of the differences between data sources, the size of the racial homeownership gap will be unclear, and we can’t begin closing it

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Is this the solution for new agents' lack of experience?

Mortgagebroker News

A new BC-based brokerage is taking an educational approach that addresses the problems faced by many new agents

Zillow: Over half of our iBuying inventory is on the move

Housing Wire

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. Also, the company’s board of directors authorized the repurchase up to $750 million in shares of Zillow stock, according to a press release.

LoanLogics Names New Chief Revenue Officer

Appraisal Buzz

LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, announced Quinn Thomas has joined the company as CRO. “I’m delighted to be joining such a vibrant and talented team at LoanLogics,” Thomas said.

Veteran appraiser: Realtors are professionals too

Valuation Review

Dustin Harris, “The Appraiser Coach,” in a recent blog entry discusses appraisers crossing paths with other professionals in the business. These people include, specifically, real estate agents, and those individuals not being happy with appraisers. Read on to learn more