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

AUGUST 13, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard. Storage space abounds in the 1, 055 sq. garage as well.

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Will Springer Realtor

APRIL 11, 2023

Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.”  Locally, the number of home buyers signing pending-sale contracts has risen for four consecutive months – indicating an increase in demand.

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Will Springer Realtor

OCTOBER 11, 2022

If interest to finance a home is roughly twice the Fed funds rate of today, does that mean mortgage rates could hit double digits? If there is a silver lining for those in the market for a home, it’s that prices should fall as demand eases. home prices will decline 5.5% in 2023 for single-family homes. trading).

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