Tue.May 31, 2022

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Saying goodbye to the hottest housing market ever

Sacramento Appraisal Blog

The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold. Yet there is no mistaking a different […].

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IPO no: Why real estate companies stopped going public

Housing Wire

Last June, Guy Gal was staring ahead at Wall Street. The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. The San Francisco company was now “backed by the top three technology initial public offering underwriters,” Side announced at the time , and the money raise “sets the stage for a future IPO.”.

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Living Room vs Family Room

The Appraiser Coach

Have you ever walked into a house and thought, what room did I just walk into? Identifying and analyzing rooms will make a big difference for your customers and for. Read More.

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The homegenius family of companies offers a variety of modern digital solutions for real estate professionals

Housing Wire

Real estate professionals are faced with many challenges as the housing market responds to a period of uncertainty. Now is the time to focus on upgrading real estate tech solutions to succeed during this period of unpredictability. By working with more precise tools, industry professionals will gain important insights to both maintain a competitive edge in the current market and position themselves for future success. homegenius, Inc., a Radian company, is paving the way for lenders, brokers, ag

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Things I Learned Wrestling a Bear: Insights from a Seasoned Appraiser

Appraisal Buzz

I learned a number of things from the experience of wrestling a 450-pound bear, some of which have not only aided me in life in general, but more specifically in my appraisal practice. During the summer between high school and college, my best friend and I saw an ad that said anyone who could pin Victor the Wrestling Bear to the mat for 10 seconds would win a brand new Galaxy XL 500 convertible.

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Home Prices Surged in March

Eyes on Housing

National home prices grew at an unsustainable pace in March, reaching an all-time high. This indicates that the imbalanced market with strong demand and record-low inventory continued to put upward pressures on home prices. However, keep in mind this is a backward-looking reading. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at.

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USPAP Absurdity

Appraiserblogs

From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley who is chair of the Appraisal Standards Board of The Appraisal Foundation (this is COMPLETELY UNETHICAL). TAF BOT (the leadership that brought us the bat-s**t crazy letter) is meeting in sunny Palm Springs San Diego right at this moment (probably to determine meanings of words like “The” and “This” and “That” and perhaps considering a new take on “misleading” that is still on the b

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Black Knight: Mortgage Delinquency Rate Fell to 2.8 Percent in April

Appraisal Buzz

The national mortgage delinquency rate fell to a new record low in April – just 2.8% of all loans – according to Black Knight’s most recent First Look report. That’s down 1.3% compared with March and down nearly 40% compared with April 2021. It was the second consecutive month that the national mortgage delinquency rate hit a new record low.

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ProTip: Instantly Email Completed Forms to Desired Recipients

GoForrmz

Let GoFormz get your digital forms where they need to go GoFormz is all about helping you run your business in the most efficient ways possible. From using our mobile forms app to track your data on the go, to leveraging our seamless integrations to connect your forms with other platforms, we want you to focus on your business; not the painstaking details.

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Q1 Ends With Upswing in Price of U.S. Homes

Appraisal Buzz

Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns. The post Q1 Ends With Upswing in Price of U.S. Homes appeared first on DSNews. The post Q1 Ends With Upswing in Price of U.S. Homes appeared first on Appraisal Buzz.

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3 Must-Haves In Your Summer Real Estate Marketing Plan (And a Mistake to Avoid)

McKissock

. Summertime is finally here and with it comes a new quarter and a chance to execute your real estate marketing plan. How do you make sure your real estate marketing plan moves you forward this quarter and brings your business to the next level? It starts with being strategic, setting goals, and holding yourself accountable for executing those goals.

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House Prices Up Nearly 20 Percent Over 2021, 4.6 Percent Over Q4 2021

Appraisal Buzz

U.S. house prices rose 18.7% from the first quarter of 2021 to the first quarter of 2022 according to the Federal Housing Finance Agency ’s House Price Index (FHFA HPI). House prices were up 4.6% compared to the fourth quarter of 2021. FHFA’s seasonally adjusted monthly index for March was up 1.5% from February. “High appreciation rates continued across housing markets during the first quarter of 2022,” says William Doerner, Ph.D., supervisory economist in FHFA’s.

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Things I Learned Wrestling a Bear: Insights from a Seasoned Appraiser

McKissock

I learned a number of things from the experience of wrestling a 450-pound bear, some of which have not only aided me in life in general, but more specifically in my appraisal practice. During the summer between high school and college, my best friend and I saw an ad that said anyone who could pin Victor the Wrestling Bear to the mat for 10 seconds would win a brand new Galaxy XL 500 convertible.

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First American Appoints New Board Member

Appraisal Buzz

First American Financial Corporation, a provider of title, settlement and risk solutions for real estate transactions, announced today that Marsha A. Spence has been appointed to the company’s board of directors. Over the course of her 45-year career in title and settlement, Spence’s leadership has consistently produced high-performing teams and profitable growth at Mother Lode … The post First American Appoints New Board Member appeared first on DSNews.

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Should You Invest in Furnished Apartments in 2022?

Mashvisor

Property investments are not restricted to the standard buy-to-let design, and some may ask if furnished apartments are suitable for investors. Table of Contents What Are Furnished Apartments?

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Black Knight, Percy Provide Client Engagement Solution for Mortgage Lenders

Appraisal Buzz

Black Knight Inc. has entered a strategic alliance with data analytics and marketing company Percy (formerly known as Buyside), which collects and analyzes real estate consumer behavior using machine learning and artificial intelligence. The alliance will allow Black Knight to offer clients an advanced consumer engagement solution fueled by billions of behavioral datapoints that helps real estate professionals and lenders cultivate deeper customer relationships.

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Does Paint Color Impact Your Home's Value?

Eppraisal

Nowadays home buyers want to purchase homes that are updated. Updated homes will garner higher home values. Among the key updates important to today's buyers are exterior and interior paint colors. Buyers are often more attracted to homes with exterior and interior paint colors that are trending versus paint colors of yesteryear. Curb Appeal and First Impression When buyers arrive at a home they are going to tour, they notice the curb appeal immediately.

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Pandemic Ripple Creates Better Market for Urban Properties

Appraisal Buzz

In many ways, the COVID-19 pandemic is largely behind us. Even so, ripples from early in the pandemic are still affecting the market today. According to a new report from Zillow, for the first time over a decade, it is easier to buy a home In the city versus a suburb. A key factor behind … The post Pandemic Ripple Creates Better Market for Urban Properties appeared first on DSNews.

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Origins of Washington’s Growth Management Act

Will Springer Realtor

Unlike many parts of the country, the growth in King County outside of the Seattle borders is slowing. Census data show that since the 1990s expansion of the suburbs has ebbed significantly even while the county’s population has grown to become the 13 th largest in the nation. Why might that be? The answer lies within a major piece of legislation from Olympia.

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Delinquency Rates Stay Low in Q1 2022 for Commercial, Multifamily Mortgages

Appraisal Buzz

Mortgage Bankers Association ’s (MBA) latest Commercial/Multifamily Delinquency Report shows a decline in commercial and multifamily mortgage delinquencies in the first quarter of 2022. Based on the unpaid principal balance (UPB) of loans, the delinquency rate at the end of the first quarter of 2022 for banks and thrifts (90 or more days delinquent or in non-accrual) was 0.56%, a decrease of 0.03 percentage points from the fourth quarter of 2021.

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Will Your Agent Spot Renovation Disasters?

Hank Miller Team

Appraising and being involved in real estate sales for over 30 years allows me to see epic "renovation" nightmares. The unfortunate side of this are the buyers who often expect their agent to flag issues. Will your agent spot renovation disasters? Well, that depends on if you properly qualified them, if they have the capacity to spot issues and whether they are more concerned with a commission or keeping you out of trouble.

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Living Room vs Family Room

Appraisal Buzz

Have you ever walked into a house and thought, what room did I just walk into? Identifying and analyzing rooms will make a big difference for your customers and for … Read More. The post Living Room vs Family Room appeared first on Appraisal Buzz.

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Should You Use Zillow Sold Homes for Your Comparative Market Analysis?

Mashvisor

As a beginner investor looking to find out how much a property is worth, can you use Zillow sold homes to conduct a comparative market analysis?

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Panorama Integrates Rely Home Loans into Group with Manfret Roesner as President

Appraisal Buzz

Rely Home Loans has joined Panorama Mortgage Group (PMG), a multi-brand national mortgage company headquartered in Nevada. Manfret Roesner will lead the company as president. Rely Home Loans specializes in guiding and supporting consumers through the loan process to ensure a simple and effortless home buying experience. “We’re excited to welcome Manfret and Rely Home Loans to our organization as we endeavor to provide home financing options to the underserved,” says Sarah Gonza

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Inventory Shortage Could Continue As Interest Rates Rise and Homeowners Feel “Locked-In”

BiggerPockets

As the Federal Reserve aggressively raises interest rates and bond yields climb, we are leaving behind the era of ultra-low mortgage rates that prevailed from 2020 through the end of […].

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Alta West's Diseri talks recent restructuring

Mortgagebroker News

"We felt technology is paramount to get us to where we want to be and provide the service, the turnaround time that brokers expect"

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Making Twice as Much with Half as Many Doors and 100+ Flips

BiggerPockets

Cash flow and revenue should always be your main focus, but that’s not always the case. Often, the focus tends to be on the number of doors, with many investors […].

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Analysts: Large BoC hikes will likely end sooner than later

Mortgagebroker News

The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say

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How to Start a Real Estate Blog That Maximizes Leads

Mashvisor

As a real estate professional, you’re no stranger to competition.

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Cooling-off legislation: What impact will it have on BC market?

Mortgagebroker News

The new rule will allow buyers to back out of a purchase within a designated period

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ClearCast Podcast E27 — BeSmartee Co-Founder & CEO Tim Nguyen

Clear Capital

Follow ClearCast on LinkedIn , Twitter , Facebook , and Instagram. EPISODE SUMMARY. In this month’s episode of ClearCast, your hosts Kenon and Jeff discuss tapering home demand, a shift in the market, and personal income increases. Then, they sit down with Tim Nguyen, CEO & Co-Founder of BeSmartee to discover how BeSmartee is working to make a seven-day close possible.

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Where can Canadians buy a home under $200,000?

Mortgagebroker News

A new study shows a "glimmer of hope" for buyers with a set spending limit

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Some mortgage companies expanding despite challenges

Housing Wire

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. While many lenders laid off some of their staff to cut costs, others continue opening offices to capitalize on demand from homebuyers. Among them are Geneva Financial , a mortgage lender headquartered in Arizona, which opened a branch location in Chicago, and New Western , a real estate investmen

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Avison Young on GTA commercial market’s sustained performance

Mortgagebroker News

Buyers and investors are registering strong confidence in the region's commercial assets