Remove articles what-will-fix-the-housing-market-inventory-shortage
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What does the new normal for first-time homebuyers look like?

Housing Wire

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. The tailwinds. percentage points, more than any other age group.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Others have expressed concerns that we are headed for a housing crash, like in 2008. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). These policies are intended to create a consistent framework for lenders to respond to a borrower-initiated reconsideration of value.

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USPAP Myths for Appraisers

Appraisal Today

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. This house sits on a high point and has great ocean views. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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Too many appraisers?

Appraisal Today

How can we fix the excess of appraisers? Easy — we do what we have always done, each time. Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”). What was your business like before the pandemic? Too many appraisers? By George Dell, SRA, MAI.

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Will 2022 be a good year for real estate investors?

Housing Wire

This article is part of our HousingWire 2022 forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. 5 predictions for the 2022 housing market.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. “The House with trees growing inside! Appraisal Assignment Waterfall. To read it, click here.