As of the end of the first quarter, U.S. homeowners had gained a collective $3.8 trillion in equity compared with the first quarter of 2021, according to CoreLogic’s Homeowner Equity Report (HER).
What’s more, the share of homeowners in negative equity fell to a new low, decreasing year over year by 23%.
U.S. homeowners with mortgages account for roughly 62% of all properties, CoreLogic estimates. These homeowners have seen their combined equity increase by
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
