Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. The One-Mile Rule: Prudent Policy or Modern Day Redlining?

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Appraisal Today

APRIL 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture.

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Appraisal Today

AUGUST 18, 2023

With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. Varies widely around the country. == Mortgage applications decreased 0.8 August 16, 2023) — Mortgage applications decreased 0.8 There may be more information now.

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Appraisal Today

FEBRUARY 23, 2024

NOTE: Please scroll down to read the other topics in this long blog post on residential fee appraiser testifies at bias hearing, what happens to Fannie complaints, Why I love real estate appraising, unusual homes, mortgage origination stats, etc. == Concrete Chateau Artisan Rising From a Lake in Miami FL Is Available for $21.8M million. “I

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Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting. They really help.

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Housing Wire

OCTOBER 12, 2022

The latest forecast also projects total mortgage origination activity at $1.6 The mortgage market is projected to slip further to $1.3 trillion in 2023, according to the government-sponsored enterprise. annualized in the third quarter of 2022 due to strong net export and inventory investment activity, before contracting 0.7%

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Housing Wire

MAY 2, 2022

COVID-19 brought many changes to the housing industry as stay-at-home orders forced companies in the space to re-think the mortgage process. However, valuation experts claim that the ability to implement the desktop appraisal could be critical for the digital mortgage experience, and therefore important for a lender’s success.

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Housing Wire

DECEMBER 31, 2021

At the onset of the Coronavirus pandemic, the mortgage industry was preparing for absolute disaster. Mortgage executives held emergency meetings with their creditors over worst-case scenarios. Fratantoni’s organization is forecasting mortgage rates to gradually climb over the course of 2022, ending the year at 4%.

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Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It Appraisers decry them as counterproductive, even exploitative middlemen, while lenders offer a pat on the back for keeping them one step ahead of government auditors. It fit well.

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Movoto

MARCH 25, 2024

5 Steps For Getting Pre Approved For A Mortgage For the majority of homeowners ( 80%, per the National Association of Realtors ), buying a home is made possible, thanks in part to a mortgage. So, knowing the steps to getting pre-approved for a mortgage is highly beneficial for those considering buying a home.

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Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

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Appraisal Today

FEBRUARY 16, 2024

Preservation restrictions, often governed by the National Register or local historical commissions, can add value by ensuring the property’s integrity. acre lot A unique home with modern architectural features seldom seen in a suburban setting. My comments: MORTGAGE LENDING IS VERY SLOW NOW. acres of coastal land.

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Appraisal Today

FEBRUARY 9, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Construction also jumped during the pandemic as builders responded to surging homebuyer demand fueled by record-low mortgage rates.

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Appraisal Buzz

AUGUST 29, 2022

Though the federal government has yet to pass legislation directly tackling the current housing crisis, some bills may affect it indirectly. In 2020, 30% of all households had “unaffordable” mortgage or rent payments. 39 billion to modernize transit. $17 The Current Housing Crisis. 65 billion for high-speed internet access.

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Appraisal Today

NOVEMBER 10, 2023

NOTE: Please scroll down to read the other topics in this long blog post on effect of low rates on existing home loans, Liability, Bias, FHA manufactured home changes, unusual homes, mortgage origination stats, etc. addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. Or hit the reply button.

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Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Data before 1971 is minimal.

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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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Appraisal Today

OCTOBER 21, 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 retirement, liability, ADUs, appraiser cartoon, real estate market, Appraisal business, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Today

SEPTEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on MLS hacked, Wells Fargo discrimination, unusual homes, mortgage origination = $274K Bedford, Pennsylvania Mansion Comes With Its Own Jail Excerpts: 5 bedroom, 1.5+ Mortgage applications increased 2.3 August 30, 2023) — Mortgage applications increased 2.3

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Appraisal Today

SEPTEMBER 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on AMCs, appraisal business, real estate market, unusual homes, mortgage origination stats, etc. =. Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Mortgage applications decreased 1.2 Mortgage applications decreased 1.2

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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 13, 2024

Government planners in our four-county region have until the end of this year to revise and then implement by mid-2025 their Comprehensive Plans for growth management to provide adequate space for housing, transportation and services (among many other aspects) to all its residents for the next 20 years. Prices rose, too, to near-record highs.

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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

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. ———– Queen Anne has a new neighbor that blends elements of the past with modern design. Check out this fully updated mid-century modern West of Market home in Kirkland.

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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. The ongoing decline in residential lending has been fueled by higher mortgage interest rates and consumer price inflation. >> Seattle is rated the 11 th -best place to raise a family in the U.S.,

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Will Springer Realtor

MAY 9, 2022

Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. How can the system handle skyrocketing home prices, mortgage rates and rental prices simultaneously?

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Housing Wire

JUNE 14, 2022

Starting in 2023, Freddie Mac said it will look at expanding the use of its automated collateral evaluation for mortgages with loan to value ratios greater than 80% through a targeted lending program. 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

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. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. of mortgages underwater); Multnomah County (Portland), Ore. points at 34.

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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. As Seattle and most of Washington face hard questions about increasing housing density, the government is often exempting communities with established association rules and bylaws. It’s working well for both builders and buyers.

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Will Springer Realtor

JUNE 9, 2023

mortgage holders considered “equity rich” – with 50% or more equity in their homes – fell in Q1 to 47.2% mortgage holders considered “equity rich” – with 50% or more equity in their homes – fell in Q1 to 47.2% of mortgage holders in our state are equity rich, down from 58.5% JUNE HOUSING UPDATE Home prices and mortgage rates.

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Clear Capital

JANUARY 5, 2023

government made bold steps to support homeownership through the GI Bill. Before that, the government addressed these issues through housing programs started under the New Deal. The government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae have released research addressing the existence of substantial appraisal gaps.

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. Mortgage applications decreased 1.2 The refinance share of mortgage activity increased to 27.2

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