Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Active housing inventory grew while new listing data fell. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports.

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Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. This weekly tracker will give you updates on the data lines that don’t need to wait for monthly housing data reports. . Housing market inventory.

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Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Houston, we have a problem.

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Appraisal Today

APRIL 1, 2023

Appraiser Gets Subpoena – What to Do Excerpts: As an appraiser, you don’t have to be sued or be facing a lawsuit to find yourself on the receiving end of a subpoena—staring down a lawyer who is peppering you with questions. The judge, however, will do whatever s/he chooses to do,” reports Andersen.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. The forecast. Current conditions don’t support this.

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Appraisal Today

SEPTEMBER 8, 2023

On top of that, what if the credit card is stolen and the last party animal damaged the house or fell off the deck and wants to sue the owner for a defective deck railing? To read more, click here My comments: If you want to know more, before (or after) accepting an Airbnb appraisal, definitely read this article.

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Appraisal Today

SEPTEMBER 2, 2022

A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. A Very controversial topic!

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Appraisal Today

OCTOBER 14, 2022

I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). What Causes Appraisal Revisions?

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Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates.

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Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. history, continues its march into prime home-buying years at a rate of more than 4.5 history, continues its march into prime home-buying years at a rate of more than 4.5

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Appraisal Today

MAY 27, 2022

I quit doing them a while ago – too many various hassles, but many appraisers like doing them. I quit doing them a while ago – too many various hassles, but many appraisers like doing them. The cheese is a metaphor for what you want in life or business. To read more tips, click here. Land is too expensive.

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