Housing Wire

NOVEMBER 29, 2021

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. I do understand that my economic takes and charts might not be the sexiest thing on the internet. This is a big reason why I always have my two staple sayings.

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Housing Wire

MARCH 31, 2022

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion.

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Housing Wire

DECEMBER 14, 2020

What a crazy year we have all been through. On April 7, in an article for HousingWire , I proposed an economic model that showed what needed to happen for us to proclaim that “America is Back.” 9, in another article for my blog , I made the case that the economic conditions for the AB model had been met.

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. What a year 2021 has been. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020.

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Housing Wire

AUGUST 21, 2020

With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing. COVID didn’t get the housing market, but it did pull a fast one on those pesky bears. Look, I get it.

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Housing Wire

OCTOBER 7, 2020

I have used this in other articles and interviews, which runs in line with my big macro take that what drives the housing market are mortgage rates and demographics. So, you shouldn’t be surprised about what I am writing today. That’s a reference to the song “Mama Said Knock You Out” from L.L

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Housing Wire

OCTOBER 31, 2022

From the WSJ article: “ U.S. trillion in savings they accumulated through mid-2021 above and beyond what they would have saved if income and spending had grown in line with the prepandemic economy, according to estimates by Fed economists. From the WSJ article: “ U.S. households still have around $1.7

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Housing Wire

MARCH 28, 2022

What has remained the same? Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market.

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Housing Wire

MAY 9, 2022

wasn’t in a second housing bubble. To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? This was my best attempt to convince the housing bubble boys that what they believed in is more fabrication than reality before the years 2020-2024.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

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. On many of my appraisals at that time, my opinion of value would not support the contract price. Pretty cool!

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Inventory Market Value Appraisal Contracts 243

Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate? So, what is its economic life?

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Cleveland Appraisal Blog

APRIL 29, 2021

So, I am grateful for guest bloggers who provide me with some great articles to share with you. Generally speaking, real estate is one of the most secure investments you can make, and bar any situations like the crash in 2008, you are pretty much guaranteed a constant increase in value and desirability. What Home Appraisers Look For.

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DW Slater Company

JUNE 24, 2021

Taking in the views of Mount Ranier. The recent article from Freddie Mac reporting on appraiser capacity during the pandemic reflects what we have been experiencing. “How can we take time off when it is so busy? “How can we take time off when it is so busy? It’s too crazy to take a break!

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McKissock

JANUARY 23, 2022

The housing market is finally starting to level out, and people are feeling cautiously optimistic. Right now, with the rate of increased prices finally slowing but still steadily rising, buyers and sellers may find themselves both getting what they want for the first time in nearly two years since the pandemic began.

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Sellers Buyers Housing Market Real Estate 71

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. However, a cool-down in prices is not the same thing as a housing crash.

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Appraisal Today

SEPTEMBER 22, 2023

To read more, click here My comments: Now we know what NAR members think about it. To read more, click here My comments: Now we know what NAR members think about it. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. What they were doing about inspectors had a wide range.

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Boston Appraisal

APRIL 5, 2021

What’s going to happen with Boston real estate? However, in this article we’ll summarize the most salient points that most economists are talking about, and discuss what we think might happen with the Boston real estate market. In the coming weeks, months, and years, is it going to go up, down, or sideways?

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Boston Appraisal

APRIL 5, 2021

What’s going to happen with Boston real estate? However, in this article we’ll summarize the most salient points that most economists are talking about, and discuss what we think might happen with the Boston real estate market. Boston, MA Real Estate Market Values over the Past Ten Years. Is it time to buy or sell?

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Appraisal Today

JANUARY 19, 2024

That’s what makes midcentury architecture so appealing: It brings the outside in.” The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Opens in You Tube. Members of the Lupertazzi Crime Family rough up an appraiser who is involved with Tony’s HUD scam. Sliding-glass doors lead out to the yard.

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Appraisal Contracts Real Estate Architecture 72

Housing Wire

DECEMBER 20, 2023

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. So let’s take a look at the playbook. So let’s take a look at the playbook. million in November. Yes, to a degree.

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Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. But it would have been a lot worse to stay on the jury and vote to convict him. Tate-Austin v. Janette Miller, filed in California in Dec. 2021, was one of the first (and perhaps the most publicized). Connolly & Mott v. Shane Lanham et al. Shane Lanham et al.

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Appraisal Real Estate Contracts Mortgage 75

Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. Active housing inventory grew while new listing data fell. This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. 9 is a critical date because that’s when the housing market turned.

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Housing Wire

JANUARY 26, 2022

The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. What I believe occurred is that some housing investors took the decline in builders confidence and the increase in monthly supply to push that something bad was going to occur quickly. When supply is 6.5

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Housing Wire

JUNE 27, 2023

One group has the advantage here while the other doesn’t: The new home sales market is minuscule versus the existing one, and the builders sell their homes like a commodity. This means they will cut prices, buy down rates, and do whatever it takes because they’re in business to make money. Now on to the report. This is 12.2

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Housing Wire

NOVEMBER 22, 2021

million, that would mean it’s a good year for housing demand. million, that would mean it’s a good year for housing demand. A big part of my work since the end of 2020 is explaining to people that housing data was going to moderate because the make-up demand from COVID created a surge in sales that is very abnormal.

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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. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%. The forecast.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Get a free home valuation for your house and trends in your neighborhood.

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Housing Market Marketing Real Estate Realtors 68

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. To read the letter (PDF), click here.

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Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

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Inventory Housing Market Construction Marketing 522

Housing Wire

DECEMBER 23, 2021

We have done a million dollars of market research in the last couple of months. We’re about the attracting the homebuyers not the voyeur checking out the inside of their Tinder date’s house,” Florance said. We’re about the attracting the homebuyers not the voyeur checking out the inside of their Tinder date’s house,” Florance said.

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. My inbox is flooded with news emails about opinions on what is happening now and forecasts for the future. Humor for Appraisers.

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Listing Spark

JULY 5, 2023

Just over a year ago, homes on the market in Austin were available for only 19 days. Even in 2023, as the market starts to return to normal, many homes across Texas are on the market for less than two months before they find a new owner. See what you need in each of these core areas.

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Real Estate Investors Tools Property Management 36

Cleveland Appraisal Blog

SEPTEMBER 18, 2021

We figured it would be fun to have chickens. In the morning, I would go and check on them. I’ve been thinking of a good time to talk about this topic. I’ve gone back and forth on when to bring it up. It feels like now is as good a time as any to talk about the birds and the bees. Today I am talking about literal birds and bees.

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Appraisal Market Value Marketing Contracts 243

D Fritz Appraisals

JULY 7, 2021

According to Industry Experts, Housing Prices May Fall in 2022. There Were Major Price Increases in Single-Family Housing and Multi-Family Housing in 2021. Housing prices have seen a huge increase over the last few years, with a particularly large leap this year. The Housing Bubble May Already Be Shrinking.

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Appraisal Today

JANUARY 26, 2024

Artificial Intelligence Question: What is an appraiser’s USPAP obligations when using artificial intelligence (AI) in an appraisal assignment? To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes.

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Contracts Appraisal Mortgage Inspection 83

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December.

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Appraisal Today

MAY 12, 2023

Unlicensed Data Collectors By Jonathan Miller (13-minute video) Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years. This is the future of GSE using appraisers.

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