Appraisal Today

SEPTEMBER 22, 2023

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Here are a few of the many survey results. To read more, click here My comments: Now we know what NAR members think about it.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. 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. ==. Articles available: Business slow? This is the past. What was your business like before the pandemic?

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

NOVEMBER 4, 2022

The ads regularly get the largest number of “hits,” indicating that readers like them. NOTE: Please scroll down to read the other topics in this long blog post on AMCs, non-lender appraisals, liability, ROVs,unusual homes, mortgage origination stats, etc. ==. “Make yourself known by being efficient as well as timely with your reports.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Housing Wire

NOVEMBER 16, 2020

With COVID infection rates exploding and hospitalization rates rising as we go into the cold winter months, the risk this poses to our recovering housing market is a question that should be addressed. In a previous article, I identified infection rates during the winter months as one of the economy’s high-risk variables.

Housing Market 545

Housing Market Marketing Mortgage 545

Appraisal Today

NOVEMBER 10, 2022

Use of unsupported or subjective terms to assess or rate, such as, but not limited to, “high,” “low,” “good,” “bad,” “fair,” “poor,” “strong,” “weak,” “rapid,” “slow,” “fast” or “average” without providing a foundation for analysis and contextual information. You may need to go to another neighborhood or town or state.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Housing Market 544

Housing Market Inventory Mortgage Marketing 544

Houston Properties

JANUARY 13, 2021

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Secondary Concern: the disparity in wealth (details below) will likely propel some neighborhoods to record highs while stagnating others, given that Houston is one of the most economically segregated cities in the US. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

JANUARY 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M French Chateau in Beverly Hills Excerpts: 9 bedrooms, 10.5+

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Appraisal Today

MAY 12, 2023

Inspection or desktops are fine, but fees may be low and many don’t want to do them. NOTE: Please scroll down to read the other topics in this long blog post on humor, non-lender appraisals, mortgage forecast, staying positive when you’re slow, unusual homes, mortgage origination stats, etc. It’s all curved.

Appraisal 52

Appraisal Architecture Business Contracts 52

Appraisal Today

APRIL 28, 2023

The article is worth reading. If you receive a request for an oddball appraisal that you cannot accept due to lack of competency, instead of just passing it off by referring it to another appraiser with more experience, why not reach out to the appraiser and ask if you can tag along on the assignment? Those are certainly options.

Appraisal 52

Appraisal Real Estate Business Contracts 52

Appraisal Today

NOVEMBER 10, 2023

To read more, click here My comments: Read this article! NOTE: Please scroll down to read the other topics in this long blog post on effect of low rates on existing home loans, Liability, Bias, FHA manufactured home changes, unusual homes, mortgage origination stats, etc. Not just a list of words and phrases.

Appraisal 63

Appraisal Contracts Design Mortgage 63

Appraisal Today

SEPTEMBER 2, 2022

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. I was trained at an assessor’s office with no pressure to appraise high or low, fail to disclose defects, etc. I was very lucky.

Appraisal 52

Appraisal Contracts Clients Real Estate 52

Appraisal Today

APRIL 1, 2023

A couple days later, I got a call from a relocation company reviewer on another mind-boggling relocation assignment. This begs the question of why two reviewers went out of their way to compliment my work, when it seems that almost every mortgage assignment that I complete for a production group, comes back with stipulations.

Clients 52

Clients Appraisal Contracts Business 52

Appraisal Today

JUNE 24, 2022

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. Please examine the full text of the Record Keeping Rule for the minimum requirements. To read more, click here.

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52

McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. According to a new report from Redfin News , “The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work.”

Construction 52

Construction Housing Market Appraisal Training 52

Housing Wire

MAY 30, 2023

On Tuesday the FHFA House Price Index hit an all-time high. In this article I’ll explain why this is happening and why we still have a savagely unhealthy housing market. are still near all-time lows and the demand has stabilized. and that it’s historically low. This is why I have stressed that Nov. economy.

Inventory 479

Inventory Housing Market New Listings Marketing 479

Appraisal Today

SEPTEMBER 17, 2022

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. =. Lot Values Set New Records. At the same time, home building shifted towards smaller lots, resulting in record high prices per acre. Humor for Appraisers.

Appraisal 52

Appraisal Construction Contracts Insurance 52

Will Springer Realtor

JANUARY 9, 2024

Instead, many eyes may have been captivated by something else dropping – interest rates. The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. A blog post will be published on Jan.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

JULY 8, 2022

This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%

Housing Market 36

Housing Market Marketing Inventory HOA 36