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Appraisal Today
MAY 17, 2024
What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” The average contract interest rate for 15-year fixed-rate mortgages increased to 6.61
Appraisal Today
JANUARY 19, 2024
Appraisers must, therefore, frame their response within the matrix of avoiding any of any and all types of biases, not merely racial biases. In addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process. percent from 6.81 percent from 6.98 percent from 6.56
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Appraisal Today
AUGUST 25, 2023
On Friday, NAR put out a notice asking appraisal members in the affected areas to alert their non-member colleagues. ” That means appraisers in affected areas should let clients know that certain assignments may be on hold for now. This knowledge positions agents to market properties competitively and attract the right buyers.
Appraisal Today
FEBRUARY 16, 2024
Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Many downtown mixed-use buildings (retail and apartments) are in my city. percent from 6.80 percent from 6.88 percent from 6.57
Appraisal Today
AUGUST 13, 2023
ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? PAVE Response and Marcia Fudge by Dave Towne Excerpts: Folks, the American Enterprise Institute Housing Center has been, to date, the only major voice in the wilderness I’ve seen publicly defending appraisers and the appraisal process.
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