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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

In any case, mortgage rates were 6.75% on March 21 and 6.38% on March 24; the recent highs were 7.10%. The Federal Reserve has made the housing market into an orphan left in the rain with no home to go to because there isn’t much inventory out there, so the markets are simply too wild up and down.

Inventory 446
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Has the housing market peaked?

Housing Wire

This article is part of our housing market update series. It’s not time to sound the alarms, and there’s no indication that another housing market crash, circa 2008, is about to happen, but there are signs and signals everywhere suggesting that the decade-long boom in home sales may be running out of steam.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2

Inventory 518
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Why Appraisal Workfiles Are Important

Appraisal Today

To read more, Click Here My comments: The article also discusses bias. My office and home garage are filled up with paper files! a state-of-the-art home gym, salon, yoga room. To see the listing with 19 photos, Click Here == LoanDepot Appraisal Discrimination Settlement By Peter Christensen, March 28, 2024 Connolly and Mott v.

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Appraisers: Be Careful with Your Words

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, USPAP and Bias, Fannie changes, unusual homes, mortgage origination Futuristic in Folsom, CA, near Sacramento for $2,395,000 4bed 4.5+bath What matters is the trend of competitive property sales. Here is the Link to the Bulletin.

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Appraisals – Check the Water Source!

Appraisal Today

It was shared by four nearby homes. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. I have included some of the articles below. New homes – what is happening? Nearby, I noticed a large water tank.

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NAR Appraisal Survey 2022

Appraisal Today

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. The typical appraiser reports a 40-mile radius in which they conduct appraisals. 68% report practicing within a radius of 20–59 miles.