articles mortgage-rates-sit-still-in-the-first-week-of-2024 
Housing Wire
JUNE 21, 2022
Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. Several sections of HUD Handbook 4000.1
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Appraisal Today
JANUARY 5, 2024
Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,
Appraisal Today
APRIL 19, 2024
Last week’s email from Cindy Chance, the CEO of the Appraisal Institute, marks an important and long overdue shift in the organization’s approach to addressing accusations of bias in the appraisal profession. This public acknowledgement of an obligation to counter the flawed “appraiser bias” narrative is an encouraging first step.
Appraisal Today
NOVEMBER 3, 2023
Advisory Opinions For 2024, the ASB has retired Advisory Opinion 16 (AO-16) and replaced it with two new Advisory Opinions, AO-39 and AO-40. These requirements are carried forward in the 2024 edition of USPAP. These requirements are carried forward in the 2024 edition of USPAP. USPAP 2024 is effective January 1, 2024.
Appraisal Today
MAY 19, 2023
I have been reading about using Chat GPT for appraisal marketing and narrative reports, but this is the first I have read about form reports. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover.
Appraisal Today
FEBRUARY 16, 2024
This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. Worth reading. A good summary. I suspect that a company based in Boston, MA sees lots of historic homes!
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