Listing Spark

JUNE 27, 2023

The Texas real estate market, like the rest of the nation, is evolving. While market dynamics have indeed changed, key indicators suggest that it’s still an excellent time to sell. “The housing market has tilted sharply in favor of sellers amid increasing demand and ongoing low housing inventory.”

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Appraisal Today

APRIL 5, 2024

Public record updates at its own pace. To read more, Click Here My comments: The article also discusses bias. Features include a pool house haven, a 5,000 sq ft guest house that can be utilized as a rejuvenation center, and a cantilevered spa with an indoor/outdoor pool. That’s where the trouble begins. Systems fail.

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Appraisal Contracts Business Construction 76

Genworth MI Blog

MAY 28, 2020

Remember when manufactured housing used to equate to mobile homes? Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? Myth 4 : Manufactured Homes Represent a Small Market.

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Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. Included in the compound is a 13,519-square-foot, eight-bedroom, eight-bath house at the end of an 1,800-foot cobblestone driveway. Nearly every room in the house offers beautifully framed water views. Discusses many issues and lawsuits.

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Eppraisal

DECEMBER 9, 2022

As buying a home is one of the most important investment decisions you will ever make, it is crucial to understand the current real estate market before you dive in. The housing inventory has been low; however, it is growing? The solid seller's market is starting to balance out and become more friendly to buyers again?

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Appraisal Today

SEPTEMBER 22, 2023

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. I drove by the house and looked at what was nearby, etc. This article includes information for an Appraiser ELearning online recorded appraisal inspection class, including a video with Bryan speaking and showing you what to do.

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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. So where does all that drama leave us for 2023? Home price s.

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Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. At that time, the real estate market was still being wildly affected by the COVID pandemic. The appraisal was ordered by an AMC on behalf of a lender. This approximately 900sf, 1.5 The post is long.

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Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. 9 is a critical date because that’s when the housing market turned. The recent growth broke that streak, but demand is still low.

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Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. As we all (should) know, any person or company. can sue you for any reason at any time.! A home modified for handicapped access?

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Appraisal Today

JULY 28, 2023

I wrote about the July 17 Freddie announcement in this newsletter’s June 16, 2023 issue. To read more and see lots of photos, click here My comment: The median listing home price in Folsom, CA was $789K in June 2023, trending down -1.3% Standards Rule 1-3(v), requires analysis of “market area trends.” year-over-year.

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Appraisal Contracts Mortgage Clients 79

Lamacchia Realty

MAY 6, 2021

Our marketing team is always making me proud and they have outdone themselves once again! Not only is it now more efficient to search for homes or read the latest housing report , but you can now search for a Realtor by name or location. Vice President of Marketing. Anthony Lamacchia. Broker/Owner. Lindsay Favazza.

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Realty Brokerage Sellers Renovations 65

Appraisal Today

AUGUST 5, 2022

The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. House with trees growing inside! To read the full blog post, click here. Appraisal Business Tips .

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

OCTOBER 28, 2022

VA Update for Appraisers. I wrote a long article about VA in the past, available to paid subscribers. Appraisers and local market analysis. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, mortgage forecast, Halloween haunted homes, unusual homes, mortgage origination stats, etc.

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Appraisal Contracts Mortgage Valuation 52

Appraisal Today

JUNE 3, 2022

I posted her article on my website so that everyone can read it. NOTE: Please scroll down to read the other topics in this long blog post on real estate market changing, appraisal bias research, unusual homes, mortgage origination stats, etc. Excerpts: The housing market sizzle has faded and we’ve entered a different season.

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Appraisal Contracts Real Estate Marketing 52

Appraisal Today

SEPTEMBER 23, 2022

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. Will we see smaller homes more often as first-time buyers flood the market? Markets are changing in many areas, but are complicated by price range, size, etc.

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Appraisal Marketing Business Contracts 52

Appraisal Today

JUNE 10, 2022

Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”). NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. To read more, click here.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

JANUARY 27, 2023

Scroll down to “Updates, Revisions, Notifications” to get the redline versions. 6 bedrooms, 4 baths, 4,321 square feet, 0.46acre lot The six-bedroom home boasts 4,321 square feet of updated space. Also, language requiring a minimum “head and shoulders” access into the crawl space was deleted. Revised FHA Handbook 4000.1

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Appraisal Contracts Transportation Real Estate 52

Appraisal Today

JUNE 9, 2023

They are links to online articles with brief excerpts. NOTE: Please scroll down to read the other topics in this long blog post on adapting to changes in appraisal, appraisal volume, unusual homes, mortgage origination stats, etc. == Contemporary Home in the Hamptons (NY) for $27.5M Excerpts: Five bedrooms, 7.5 baths, 9,700 sq.ft.

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Appraisal Advertising Real Estate Contracts 52

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Ohio House With Jail Cells $275,000. Subject Property Actual Location.

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Appraisal Contracts Insurance Real Estate 52

Appraisal Today

AUGUST 18, 2023

The Appraisal Update Podcast 8.16.23 – MLS Cyberattack (SPECIAL REPORT) Video 18 minutes Goes through URAR form and USPAP plus many ideas on what to do. 7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. This professional-grade dictation service could save you tons of time on typing reports and taking notes in the field.

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Appraisal Contracts Inspection Real Estate 74

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. However, a cool-down in prices is not the same thing as a housing crash.

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Housing Market Marketing Inventory Lending 418

Appraisal Today

AUGUST 26, 2022

Quite simply, if there isn’t enough data for the appraiser to develop a reliable opinion of value by the sales comparison approach, the mortgage will not be marketable to Fannie Mae. My comment: I included this article plus the one below, which both address the Cost Approach’s common appraisal questions. To read more, click here.

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Currently, bets are on two, 50 basis-point hikes in May and June meetings, followed by 25 basis-point increases through the end of the year.

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Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Topics have centered around appraisals and valuation concerns in the current market environment. Updated 9/8/2020. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate?

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McKissock

JUNE 25, 2021

The Chairwoman of the House Financial Services Committee asks agencies to prolong pandemic homeowner protections. ” The emergency federal foreclosure moratorium is set to end on June 30, 2021, and Waters seeks to protect homeowners from unnecessary foreclosures. housing market uncoils with sellers ready to cash out.

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Appraisal Today

SEPTEMBER 2, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Real estate market changes, ADUs, AMC interview, unusual homes, mortgage origination stats, etc. ==. $4 4 Million Triangle House in Tarzana. 4 Million Triangle House in Tarzana. How to Handle Appraisal Pressure and Stay Ethical? I was very lucky.

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Appraisal Today

AUGUST 12, 2022

Status requests from AMCs typically require you to log in to their system and go through the process of updating the order status on their website. Then came FDR’s New Deal, which included the Home Owners’ Loan Corporation (HOLC) and the National Housing Act of 1934, both of which aimed to make housing more affordable.

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Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

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McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. The value of the housing market as a whole has doubled since the early 2010s. One-third of houses for sale are new construction, an all-time high. In 10 years, the housing market has doubled. Home price appreciation continues to climb.

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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. What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract?

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Contracts Appraisal HOA Architecture 52

Appraisal Today

JUNE 24, 2022

I will never forget one of my first house appraisals here. NOTE: Please scroll down to read the other topics in this long blog post on Changing real estate market, rate increases, desktop appraisals, USPAP and state boards, unusual homes, mortgage origination stats, etc. The view was of a section of the Intracoastal Waterway.

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McKissock

SEPTEMBER 10, 2021

There was a 9% increase in pending home sales in August—the slowest growth since June 2020. Manufactured housing is key to the Biden Administration’s initiative to boost affordable housing. Plus, join our Pro-Series webinar on Wednesday, September 29th: “Impact of Pandemic on Current Market Analyses and Trends.”

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Will Springer Realtor

JULY 13, 2023

If we are supposed to be back in the office, you can be forgiven if you don’t believe it. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. That figure is a whopping 24% today across Seattle/Puget Sound, triple from pre-pandemic levels. Bank Centre.

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Will Springer Realtor

MARCH 12, 2024

This divergence of data put the mortgage market on its heels over the past several weeks and essentially reset rates after trending lower in December and January. About two-thirds of all King County listings sold last month at the list price or above, signaling a competitive environment and extending this long-running sellers’ market.

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Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011.

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