Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. I don’t cross the street when I see a young black man coming towards me, and I smile when we pass, but I do get a little nervous. Tate-Austin v. Janette Miller, filed in California in Dec. 2021, was one of the first (and perhaps the most publicized).

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Appraisal Today

JUNE 10, 2022

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Loan applications are way down, the lowest in 22 years. The Inevitable Cyclicality of Mortgage Lending. To read more, click here.

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Appraisal Today

DECEMBER 2, 2022

I don’t know if Realtors can be re-trained to see value rather than price. NOTE: Please scroll down to read the other topics in this long blog post on George Harrison passed, Appraisal business, marketingunusual homes, mortgage origination stats, etc. Completing broker price opinions and Competitive Market Analyses.

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Appraisal Today

SEPTEMBER 23, 2022

Now let’s keep watching to see what happens to size. Will we see smaller homes more often as first-time buyers flood the market? Will we see fewer sales at the highest prices? Sellers Chasing the ball down the road in real estate. By Ryan Lundquist. This is only part of what I say because I’m a man who needs a few paragraphs.

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Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. To read more and see lots of photos, click here . I was appraising a home for a divorce several years ago. Your answer: much more than 4!

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. No one did.

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Housing Wire

JANUARY 19, 2024

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. Since making some holiday adjustments, we have seen a seven-week positive trend in purchase apps since November. From NAR : Existing-home sales waned 1.0% Sales faded 6.2%

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Housing Wire

NOVEMBER 23, 2022

This data line has always been key to my work, which has run well with the builder’s confidence data that has gone into waterfall collapse mode, as you can see below. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs.

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Appraisal Today

SEPTEMBER 15, 2023

Much of the appraiser results were what we already sort of suspected, but it is good to see actual survey results. NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. This is up sharply from 27 percent last year.

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Appraisal Today

JANUARY 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M French Chateau in Beverly Hills Excerpts: 9 bedrooms, 10.5+

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Appraisal Today

DECEMBER 22, 2023

NOTE: Please scroll down to read the other topics in this long blog post on answering your phone, appraiser censorship, bias, how to do graphs, unusual homes, mortgage origination stats, etc. How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy? Per The Dictionary of Real Estate Appraisal, 6th Ed.,

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Appraisal Today

JANUARY 4, 2023

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and non-traditional appraisals, Non-lender appraisals, reos, tear downs, unusual homes, mortgage origination stats, etc. ==. He will have six weeks of radiation and cannot work for over three months. Even his 4-county VA appraisals dropped to just a few.

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Appraisal Today

DECEMBER 16, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. From many angles, you can’t see the end in either direction.”. To read lots more and see very interesting photos, click here .

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Appraisal Today

FEBRUARY 2, 2024

See below for more timeline information. To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. But we’ll have to see how things progress as this time-line gets more firmed up. What exactly does this mean? How will these UAD and URAR changes be beneficial? Floating Island.

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Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. NOTE: Please scroll down to read the other topics in this long blog post on State board complaints, non-lender appraisals, mortgage forecast, real estate market changes, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Today

DECEMBER 9, 2022

Excerpts: To cut down on appraisal revision requests, it is important to keep these best practices in mind: Communicate in a timely manner. Address the request thoroughly and professionally. Add additional commentary where appropriate. Ask questions. Explain ‘How’, not ‘Why’ in the appraisal report. Reduce lengthy commentary. Humor for Appraisers.

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Will Springer Realtor

JANUARY 9, 2024

Instead, many eyes may have been captivated by something else dropping – interest rates. The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities.

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Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs.

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Will Springer Realtor

APRIL 11, 2023

Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity. Speaking of which, applications for mortgages rose four consecutive weeks before falling a bit during the days leading up to the Easter/Passover holiday.

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