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What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. 2021 is projected to have the most home sales since the 2006 housing bubble, with the U.S. Boise is in a full-fledged housing crash!”

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Tools To Support Appraisal Adjustments

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M What Tools Do You Use to Support Your Appraisal Adjustments? I use Excel and MLS data.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Top Ten Reasons Why It Is Great to be an Appraiser! Dazzle your friends with your knowledge of external obsolescence. of home sales in the fourth quarter.

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Here’s why new home sales are up along with prices

Housing Wire

From Census: New Home Sales Sales of new single-family houses in October 2022 were at a seasonally adjusted annual rate of 632,000, according to estimates released jointly today by the U.S. percent)* above the revised September rate of 588,000, but is 5.8 In theory, the sales levels are lower than the data will show.

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NAR Appraiser Survey July, 2023

Appraisal Today

The 21 percent who cite other challenges are most likely to cite lack of business/slow market, rising interest rates, low fees, and to reiterate pressure from AMCs. This year, this option was broken into three separate AMC-related issues. This is up sharply from 27 percent last year. A very good graphic is included for each section.

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Appraiser Pressure – What To Do?

Appraisal Today

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. How to Handle Appraisal Pressure and Stay Ethical? Excerpts: There’s no simple and easy way to deal with appraisal pressure. I was very lucky.

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Appraisal Risk, Reviews, and Revisions

Appraisal Today

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. Humor for Appraisers.