Housing Wire

AUGUST 4, 2023

From BLS : Total nonfarm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5 With headline consumer price index inflation running at 3% year over year, people are seeing real wage growth again, as we have been steady at 4.4% What do I mean by a make-up demand in labor? percent, the U.S.

Mortgage 352

Mortgage Insurance Government Marketing 352

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Home price s. in total for the year.

Housing Market 540

Housing Market Marketing Inventory New Listings 540

Appraisal Today

APRIL 19, 2024

I have been reading Cyndi Chance’s emails to members and following her activities to reach out to local chapters since she started last fall. As Chance acknowledges, the Institute should have done more to advocate for appraisers and make the public aware of their professionalism. It is human nature.

Appraisal 67

Appraisal Contracts Valuation Design 67

Miller Samuel

MARCH 19, 2019

An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. That article came out in 2014 right as the housing market was peaking.

Real Estate 370

Real Estate Law Development Investors 370

Housing Wire

SEPTEMBER 23, 2020

Let me be contrarian: Get ready, because mortgage rates are going to rise in 2021. Some will try to argue, “but wait, Powell said the Federal Reserve would keep rates low for the foreseeable future! Yes, the Fed will likely keep short rates low, but mortgage rates and some longer-term Treasuries likely won’t enjoy the same ride.

Mortgage 540

Mortgage Investors Buyers Finance 540

Appraisal Today

JULY 15, 2022

By Julie Friess, SRA, AI-RRS, MA. My comments: Julie is not referring to an owner-occupant renting out a spare room in their house for a short term. She is talking about an investor buying and renting many rooms in a house, sometimes changing the floor plan. Debate on Appraising Short-Term Rentals. Video 22 minutes.

Appraisal 59

Appraisal Inspection Contracts Business 59