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Housing Market Tracker: Inventory is negative YOY

Housing Wire

Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.

Inventory 454
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What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. 2021 is projected to have the most home sales since the 2006 housing bubble, with the U.S. July was the plateau. on pace for 6.29

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Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Look at this lull as a time of opportunity. A time to finally work on and execute a plan for your business.

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Appraiser Countersues Alleged Discrimination

Appraisal Today

2021, was one of the first (and perhaps the most publicized). But since late 2021, a number of similar lawsuits have popped up—from North Carolina to Maryland. is one highly publicized lawsuit covered at length by mainstream media–CBS News, The New York Times, NBC, CNN, ABC News, and more. Tate-Austin v. Shane Lanham et al.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with Fair Housing laws, rules, and regulations.

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Appraisal in Changing Markets

Appraisal Today

At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. “At The regional median price has ticked down about 7% since May, which is $45,000. The regional median price has ticked down about 7% since May, which is $45,000.

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VA Appraisals and Fee Appraisers

Appraisal Today

delivers fast turn times to veterans. Fees, Turn Time, and Quality. The first four criteria are certainly related and are worth examining together. Mortgage Bankers Association advocated for the proposal. as a Model for Appraisals. by Isaac Peck. Excerpts: Step Above the Rest. It’s not a secret that being on the V.A.