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Housing Wire
MAY 4, 2022
This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Annual house price growth hit a record high in 2021, over 17%, and growth remains in the double digits thus far in 2022. To register for the HW+ event, go here.
Appraisal Today
MARCH 15, 2024
There are relatively few residential lender appraisals available now. I had niece who had several horses for many years where she lived. There may be seminars available. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals.
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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. However, it’s a good idea to know where the risks lie—and how to avoid them.
Appraisal Today
SEPTEMBER 22, 2023
I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Here are a few of the many survey results. To me, the big issue is who is doing the inspections.
PennyMac
JANUARY 23, 2023
Generally speaking, people file for bankruptcy during extreme financial hardships: the inability to repay large debts, have outstanding mortgage payments or they are facing foreclosure. Rather than selling your property or assets, your debt is reconfigured so it can be paid off partially (or fully) over a 3-5 year period.
Appraisal Today
SEPTEMBER 15, 2023
This year, this option was broken into three separate AMC-related issues. This year, however, the single greatest challenge, cited by almost half (47 percent), is “fee pressures,” which, based on comments, is also related in many cases to pressure from AMCs. This is up sharply from 27 percent last year. UPDATED No.
Lamacchia Realty
APRIL 15, 2022
Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever.
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