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New 2024 USPAP Q&As

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M Acre lot, built in 1996. Acre lot, built in 1996.

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Appraising Unusual Properties

Appraisal Today

If the appraisal is for lending purposes, be sure to find out if it is “lendable” before spending much time on it. acre A brick mansion on prime property in Bedford, PA, has plenty of historical charm, plus a place to put unruly guests. This is the first jail I’ve ever had listed,” says Gary Green, with Century 21 All Service.

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VA Required to Encourage Hybrid Appraisals

Appraisal Today

By Dave Towne December 21, 2022. I still recommend VA to appraisers as they are the only mortgage organization that wants to help the borrower instead of making as much money as possible. To read more of this long blog post with many topics, click Read More Below!! VA Required to Encourage Hybrids – Senate Passes HR 7735.

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100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

Entry is free on Nov. Rainier and other national parks on this special day. Since Veterans Day falls on a Saturday this year, you can expect far more people and far less available parking. Zoning laws in the U.S. Zoning helps cities and towns allocate space for essential services like schools, parks and hospitals.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Here we are asking ourselves how Russia’s invasion of a sovereign nation – sending Europe into heightened uncertainty not seen since World War II – may impact our lives thousands of miles away. There is so much at play – and at stake. off their 2022 high of 3.92% (the highest level since May 2019).

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Rainier-esque peak of a decade past! It’s both fascinating and frustrating to watch. Thank you, Millennials!

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. America’s housing stock is in a dire situation. The nation has faced a shortfall of 5.5