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Appraisal in Changing Markets

Appraisal Today

. “During the heyday of 3 percent interest rates, it was acceptable for appraisers to take three to four weeks to complete an appraisal and forget to update the client. At the end of the day, (Ryan) Lundquist says his goal is to report what is happening in the market right now—accurately and without sensationalism.

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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. From 2017 through at least 2020, City National avoided marketing and underwriting mortgages in majority-Black and Hispanic neighborhoods. The article source above is the local newspaper Reno Gazette-Journal.

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NAR Appraisal Survey 2022

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. To read more about this topic, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. per month, $24.75 Click here for more info!

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Appraiser Scam – Be Careful!

Appraisal Today

Last week, I received a text from “Master Chief Robert Roy” requesting an appraisal for a cash purchase. NOTE: Please scroll down to read the other topics in this long blog post on all cash sales, bad bank, FHFA/Fannie, speaking at real estate agent meetings, unusual homes, mortgage origination stats, etc. ==.

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP Update Mistakes on Bias, Real Estate Market analysis, the FED raises interest rates, unusual homes, mortgage origination stats, etc. For example, here in the Bay Area, newspapers report a drop in median sales price from $1,500,000 to $1,400,000, about 7%.

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Appraisal Risk and Modernization

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. Then we took that logic and wrapped it around the top of the hill, creating a ribbon, or loop, that overlaps itself as it climbs the terrain,” he notes.

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Appraisers and Local Market Analysis

Appraisal Today

Absorption rates and marketing times. My comments: Read this article, including the case study. NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. Price drop? ==. Only about 1 in 10 retirees without free coverage purchase tail coverage.