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Increasing Diversity in Appraisal Profession.

Appraisal Buzz

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment.

Appraisal 370
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How will appraisal technology evolve in 2022?

Housing Wire

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward? How can technology help mitigate this issue?

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Geographic “Data” Competency?

Appraisal Buzz

All of my data sources were very local and included only those areas that were close enough to physically drive to and complete an appraisal. All of the data needed by an appraiser is available in a digital format and made readily available on-line. I couldn’t imagine receiving data in that manner or format today.

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Are Prime Borrowers Really Still ‘Prime?’

Appraisal Buzz

This means that one missed paycheck would put an individual or family at risk of not being able to afford essential living expenses, including housing, utilities, groceries and transportation. appeared first on Appraisal Buzz. Is Prime Really Still Prime?

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Dovish Jobs Report Indicates Slowing Labor Market

Appraisal Buzz

Job gains occurred in health care, in social assistance, and in transportation and warehousing – but it appears the labor market is losing velocity. economy added 175,000 jobs in April – lower than expectations – while the unemployment rate increased to 3.9%, according to the U.S. Bureau of Labor Statistics.

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Some Financial Institutions Care About The Safety Of Appraisers, While Most Do Not

Miller Samuel

As co-owner of an appraisal firm for 34 years, while based in Manhattan, we generally don't drive to appraisal inspections. Our staff relies on public transportation to get around including buses, subways, and commuter rail. My appraiser colleagues around the country have become very concerned, if not plain scared.

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Cost of Materials Restricting Home Construction Growth

Appraisal Buzz

The demand for home inventory continues, despite contractors being impacted by cost increases, supply shortages, and transport bottlenecks. The post Cost of Materials Restricting Home Construction Growth appeared first on Appraisal Buzz. The post Cost of Materials Restricting Home Construction Growth appeared first on theMReport.com.