Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. percent from 6.87 percent, with points increasing to 0.68

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Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. Finally, we have an inside look (and some hard numbers) at how Fannie’s complaint process works and how many complaints these Government Sponsored Enterprises (GSEs) are actually filing against appraisers.

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Appraisal Buzz

JUNE 20, 2022

The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety.

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Housing Wire

MAY 2, 2022

The FHFA’s decision to permanently allow desktop appraisals was a major milestone for appraisal modernization efforts and will push fintech companies to build out product offerings on the spectrum between an AVM and a full appraisal. So using the contract price as a proxy for value, the LTV cap is 90.

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Housing Wire

NOVEMBER 30, 2021

The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%

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Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. In addition to working with non-profits – like San Francisco-based New Story on 3-D printed homes in Nacajuca, Mexico – Icon also has a federal research contract with the Air Force.

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GoForrmz

DECEMBER 12, 2022

There have been additional regulations set in place from other various industry regulators and international jurisdictions, and even modernization updates to the E-SIGN Act proposed in 2022, indicating that eSignatures are to remain a top priority for global commerce in the foreseeable future. “

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Houston Properties

MAY 16, 2022

The Texas Farms and Ranch Lands Conservation Program (TFRLCP) also provides grants to private landowners who protect their land from developments. Real estate developments in cities and metro areas need to go through a rigid approval process. A detailed list of anything you feel you are buying needs to be a part of the contract.

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Eppraisal

MARCH 28, 2023

Most new houses are protected by warranties issued by the builder or developer. Government-backed and private research indicates that new homes are more expensive, often by tens of thousands of dollars. There is no surrounding construction and development going on. All inspections are complete and the structure is code-approved.

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Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.98

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Will Springer Realtor

OCTOBER 11, 2023

For the most part, we can celebrate the standards established by state and local governments as they evolve into the second century. The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Creativity and individuality were often tossed aside by these mass-built developments.

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Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

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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. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

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Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said. This is a time for leadership and for action,” Smith said.

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Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Government loans, which tend to be favored by first-time buyers, bucked this trend and increased over the week, driven mainly by VA and USDA lending activity.”.

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Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. It has also set its sights on rezoning portions of the city to increase housing density. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. CONDO NEWS.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

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Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. I have written on this topic before.

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Will Springer Realtor

MAY 12, 2021

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 California developer Laconia unveiled a discount of about 10% on select 1- and 2-bedroom homes in the 41-story structure on 6 th Avenue at Denny Way.

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Will Springer Realtor

NOVEMBER 10, 2023

More than 2.3M, or 31%, of Washingtonians live in a community governed by a Homeowners Association. We can look back to post-World War II when HOAs helped to create the initial segregation of the suburbs with planned developments – such as Levittown in New York – and gated communities. New home builders have an answer.

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Will Springer Realtor

JUNE 9, 2023

We need every market-rate and affordable home that developers can produce. Vaulted ceilings and skylights in select rooms open up this 1939-built abode that feels fresh and modern. Contract contingencies are significantly important to protect buyers and we list the five most critical conditions to keep in mind. from 48.0%

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Appraisal Today

MAY 5, 2023

It’s not the length of the report which is of ultimate importance, it is the time necessary to develop the appraisal that is key. Byron Miller, SRA, AI-RRS, ASA, RAA, MSSE, and Chair of the Government Relations Sub-Committee for the North Star Chapter of the Appraisal Institute (NSAI-GRC), is one such appraiser. percent from 0.4

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