Appraisal Today

JULY 7, 2023

But since late 2021, a number of similar lawsuits have popped up—from North Carolina to Maryland. Lanham believed that Plaintiffs did not belong in their neighborhood and that their home was worth less than other homes because of their race. To read more, click here My comments: Long article and worth reading.

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Housing Wire

MARCH 12, 2024

So, what should we take away from this number, seeing that market participants are still worried about 1970s inflation and some don’t want to see any rate cuts this year? But what about the 1970s inflation that led to 18% mortgage rates in the early 1980s? Over the last 12 months, the all items index increased 3.2

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Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 million and that means we have had back-to-back existing home sales prints of over 6.2 Early in the year, I had discussed that if existing home sales stay in a range between 5.84 million and 6.2

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Housing Wire

MAY 26, 2022

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. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%. We see this in the data.

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Appraisal Today

AUGUST 19, 2022

When you can’t meet a requirement, include a comment that explains why not.”. NOTE: Please scroll down to read the other topics in this long blog post on Condo risks, mortgage origination volume down, 4 high growth appraisal companies, cost cutting tips, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Today

JUNE 9, 2023

NOTE: Please scroll down to read the other topics in this long blog post on adapting to changes in appraisal, appraisal volume, unusual homes, mortgage origination stats, etc. == Contemporary Home in the Hamptons (NY) for $27.5M Just above the heated, illuminated pool is a sleek glass bridge that connects the home’s two wings.

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Houston Properties

JANUARY 13, 2021

SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Since the COVID-19 lockdown, homes have a higher “intrinsic value” to people as they spend more time in their abode (implying that many families will allocate a higher percentage of their total net worth to making their home their haven).

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Appraisal Today

JUNE 17, 2022

It was shared by four nearby homes. I worked for 4 years in rural areas. 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. ==. I have included some of the articles below. New homes – what is happening?

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Appraisal Today

SEPTEMBER 8, 2023

These requests involve homes in numerous vacation spots ranging from Sedona, San Diego, Montana, Lake Tahoe, to Miami, New York, Seattle, New England, and every vacation spot in between. 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

APRIL 28, 2023

Appraising Solar Panels By Mark Buhler Excerpts: You drive up to the property. A savvy underwriter or reviewer might wonder why the appraiser didn’t consider the cost and income approaches… To read more click here My comments: Good, practical advice. The article is worth reading. Solar for homes is everywhere now.

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Appraisal Today

MAY 12, 2023

Fannie Mae has been working hard to get rid of appraisers for years. This is to follow up on a meeting Appraisal Institute representatives held in Washington, D.C. This is to follow up on a meeting Appraisal Institute representatives held in Washington, D.C. His homes are as unique as he was,” says Heinrich. “He

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Appraisal Today

APRIL 2, 2023

Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. Of course, I have always preferred not knowing the sales price as it seems like a conflict for an objective, unbiased appraisal. What Do Appraisers Look For in a Sales Contract? Answers a lot of appraiser questions.

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Appraisal Today

NOVEMBER 10, 2023

Don’t think like a salesperson – avoid words that may be common in Multiple Listing Service (MLS) and used to help sell a home. To read more, click here My comments: Read this article! A highlight of this exceptional home is its recently updated kitchen, completed in 2022. Not just a list of words and phrases.

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Appraisal Today

DECEMBER 23, 2022

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. NOTE: Please scroll down to read the other topics in this long blog post on mortgage rate forecast, Humor, adjustments, George Dell, unusual homes, mortgage origination stats, etc. ==. Home type: Single family.

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Appraisal Today

FEBRUARY 2, 2024

A redesigned, dynamic URAR will replace the numerous and separate appraisal forms and can be used for different property types, such as two-to-four units, condominiums, and manufactured homes, and for different scopes of work, such as interior and exterior inspections, updates, and completion assignments. What exactly does this mean?

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Roberts faces a maximum of five years in prison and will be sentenced in six months. .

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Clear Capital

DECEMBER 14, 2021

Jeff and Kenon discuss rapidly increasing home equity and what this means for first-time buyers. So, Kenon, a major story that’s been happening in our industry for more than a year is the general trend of extremely rapid home price appreciation. trillion dollars of tappable home equity. EPISODE SUMMARY.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. annually in home improvements across the U.S., an increase of about 14% year-on-year, according to Harvard research for Q1.

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Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Locally, the number of home buyers signing pending-sale contracts has risen for four consecutive months – indicating an increase in demand.

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Appraisal Today

MAY 20, 2022

They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. By the way, I measured the home also. It took about 15 minutes for me to measure the home. Its measurements were within 15 square feet of mine on a home that was just over 2,400 square feet.

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Housing Wire

OCTOBER 17, 2023

Selling pre-foreclosure is often the best option for distressed homeowners who don’t qualify for any loss mitigation programs, but those homeowners are understandably hesitant to choose that option and often end up choosing it when time is running out. Those dangers can be found in recent headlines from the New York Times and ProPublica.

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Housing Wire

DECEMBER 13, 2021

housing supply is dwindling once again as homes continue to fly off the market at record prices,” said Jeremy Sicklick, CEO of real estate data analytics firm HouseCanary. For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. homes that sold in the third quarter.”.

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Appraisal Today

JULY 15, 2022

This is not typical for a single family home. I have been a commercial appraiser for over 40 years. Many homes were changed to investor-purchased Airbnbs with few home rentals available for local residents. Many homes were changed to investor-purchased Airbnbs with few home rentals available for local residents.

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