Housing Wire

DECEMBER 23, 2022

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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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%

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Appraisal Today

SEPTEMBER 23, 2022

“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. A quick change in interest rates has led to a quick change in the market. One box just isn’t enough. “At Now let’s keep watching to see what happens to size.

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Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = Can ChatGPT, and other AI models, actually assist appraisers in writing summary appraisal reports?

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Appraisal Today

FEBRUARY 24, 2023

NOTE: Please scroll down to read the other topics in this long blog post – Bias, Cost cutting, slow business, unusual homes, mortgage origination stats, etc. The key is not the letters but the competency or skill. For example, are you competent to prepare an entire appraisal from start to finish? You might answer, “Absolutely!”

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Appraisal Today

SEPTEMBER 30, 2022

Read this article on how to check CO detectors. Killed by Carbon Monoxide: Appraiser Blamed. You may save someone’s life!! by Kendra Budd, Associate Editor, WorkingRE. As you might expect, it didn’t take long for both John and Suzy’s parents to hire a law firm and start going after all the real estate professionals involved.

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Appraisal Today

DECEMBER 22, 2023

NOTE: Please scroll down to read the other topics in this long blog post on answering your phone, appraiser censorship, bias, how to do graphs, unusual homes, mortgage origination stats, etc. minute video Note on video: opens in youtube.com Here are two of the days: 8 mega mansions, 5 REOs Many thanks to Gary F.

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