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Daren Blomquist’s 2023 housing outlook

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . Paul; and Riverside, Calif.

Retail 490
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The Red-Hot Housing Market

Housing Wire

This article is part of our 2022-23 Housing Market Forecast series. The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. The run-up in home prices was driven by rock-bottom mortgage rates and pandemic-fueled demand.

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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. Pivoting doesn’t mean they’ll cut rates, it just means they’ll change their language describing the economy.

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Is the spring housing market about to rebound?

Housing Wire

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes about six months. This article is part of our ongoing 2023 Housing Market Forecast series. million in February and was at 4.3

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Non-Arms Length Sales for Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. In the 1930’s, appraisers (then known as valuators) were instructed to follow a rating system. built in 2000.

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Why Appraisal Workfiles Are Important

Appraisal Today

To read more, Click Here My comments: The article also discusses bias. NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 bath, 5,258 sq.ft. AMCs are not going away.