Housing Wire

MAY 2, 2022

This article is part of our housing market update series. While housing market trends in the first quarter of 2022 resembled the previous year’s trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios.

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Appraisal Today

AUGUST 12, 2022

NOTE: Please scroll down to read the other topics in this long blog post on mortgage rates history, declining prices on high end homes, bias, unusual homes, mortgage origination stats, etc. =. Mortgage Rate History: Check Out These Charts. A Little Bit of Mortgage Rate History.

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McKissock

DECEMBER 26, 2021

For homeowners, much of 2020 and 2021 were spent refinancing their current mortgage rates and enjoying lower monthly mortgage payments. And, who could blame them with federal funds rates as low as 0.25% when the pandemic began, pushing mortgage rates to historic lows?

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Appraisal Today

APRIL 2, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Update: UAD and New “Forms”, concessions, non-lender appraisals, unusual homes, mortgage origination stats, etc. Behind the simple rocky exterior is a home, complete with distinct rooms, a chimney, and cozy furniture.

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Appraisal Today

NOVEMBER 17, 2023

For example, property data collectors (PDCs) may be engaged by lenders for very low-risk loans where an appraisal is not required. My article in the November issue of Appraisal Today has lots of information, including lists of which AMCs use PDCs. Most of them were standard style homes built in the 1970s. The problem?

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Appraisal Today

SEPTEMBER 17, 2022

I left the homes and contacted the lender. Don’t know if they got their loan and did not care. NOTE: Please scroll down to read the other topics in this long blog post on AMCs, appraisal business, real estate market, unusual homes, mortgage origination stats, etc. =. Modular and Panelized home trends.

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Appraisal Today

MAY 20, 2022

By the way, I measured the home also. It took about 15 minutes for me to measure the home. Its measurements were within 15 square feet of mine on a home that was just over 2,400 square feet. The 3% variance is with larger homes with complex angles and tricky areas to measure. In my view, that’s pretty good! By McKissock.

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The Robert Weiler Company

NOVEMBER 10, 2021

While residential property value is primarily determined based on the going sale price of a similar property located in the same or similar community, commercial property relies most heavily on what’s known as the capitalization rate. If it seems as if you’re over-leveraged you won’t get the loan. Do you have a paper trail?

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Appraisal Today

SEPTEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. My comments: Written for home owners, but very relevant for appraisers. The 10 U.S. Cities With the Cheapest Mansions for Sale in 2022.

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McKissock

MAY 30, 2023

Economic recap May 2023 The current economic landscape is riddled with several critical issues that demand attention. While likely to be resolved, the debate brings attention to uncontrolled spending increases and potential entitlement reforms. Tax revenue will increase slightly, but not enough to offset the expected spending surge.

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Appraisal Today

MAY 5, 2023

To read more plus appraiser comments, click here My comments: Read this article! NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. Appraiser Humor.

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