Appraisal Buzz

FEBRUARY 21, 2022

Allyson Foley has joined Plaza Home Mortgage as executive vice president, wholesale operations. In addition, Jeff Leinan, former executive vice president, national wholesale production, will assume the newly created role of president of wholesale production. Foley previously worked for Stearns Lending, where she was executive vice president, operations, and was responsible for operations and underwriting for the company’s wholesale platform.

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Appraiserblogs

FEBRUARY 21, 2022

As Real Estate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. These junk reports and the waivers continue to undermine the public trust in our industry and leave the appraisers exposed to great risk and the consumers left holding the bag if their mortgage goes south.

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Appraisal Real Estate Valuation Real Property 135

Appraisal Buzz

FEBRUARY 21, 2022

Large-scale migration is shifting economic power and strength among the states, and thousands of consumers are looking to move their homes and businesses, according to a report from National Van Lines. Whether or not to “stay or go” is one of the most important choices that individuals make. Having knowledge about migration trends may help … The post South and West Lead in Inbound Migration appeared first on DSNews.

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Business Appraisal 195

Yolo Solano Appraisal Blog

FEBRUARY 21, 2022

Hey, it’s been a while. Since the start of the pandemic, demand for appraisal services has gone through the roof, limiting my ability to write. Thank you if you’ve sent me work. That said, I hope to write more frequently in 2022. This is the start. Market Analysis Ground Rules Below are market updates for […].

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Appraisal Marketing Sellers Housing Market 88

Appraisal Buzz

FEBRUARY 21, 2022

Inventory of homes for sale dropped to historically low rates in the beginning of 2022 while home prices continue to rise across New York State, according to the housing report released by the New York State Association of REALTORS. Inventory of homes for sale fell 30.3% in January 2022 – from 42,383 homes in January 2021 to just 29,535 this year. This marks the lowest housing inventory since 2007.

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Inventory Marketing Realtors Appraisal 195

Lamacchia Realty

FEBRUARY 21, 2022

SECOND HOME MORTGAGES JUST GOT MORE EXPENSIVE. The Federal Housing Finance Agency (FHFA) announced changes to lending practices for second/vacation homes which will officially take place on April 1 st. However, many lenders are already following the new guidelines. These changes include an increase in rates by as much as 1% as these purchases will now be treated more like an investment property, whereas before they were treated similar to a primary residence which determined the mortgage rate an

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Mortgage Lending Realty Buyers 65

Mashvisor

FEBRUARY 21, 2022

Airbnb has become one of the most popular platforms for short-term rentals and offers investors a lucrative opportunity to earn high profits if done right.

Investors 68

Investors Property Taxes Insurance 68

Appraisal Buzz

FEBRUARY 21, 2022

Kentucky-based Central Bank & Trust Co. has signed a contract to implement Black Knight ‘s Empower loan origination system (LOS). The bank also agreed to use Black Knight’s suite of integrated origination solutions to help the organization achieve steady growth and better serve its customers’ needs. “We met with several technology providers to evaluate which one would be able to offer us the software we needed to support and streamline our business,” says Luther

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Contracts Technology Business Appraisal 195

Mashvisor

FEBRUARY 21, 2022

Flipping houses in Florida is an excellent strategy for investors who are looking for quick but solid returns. This guide shows how you can succeed.

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Investors Investing Real Estate 69

Appraisal Buzz

FEBRUARY 21, 2022

Mr. Cooper Group Inc. announced today the appointment of Daniela Jorge to its board of directors. Jorge currently serves as VP and CDO at PayPal. Her additional role will be responsible for helping the corporation set broad goals, supporting executive responsibilities, and furthering the organizations mission. “Mr. Cooper Group is a strong leader in the … The post Mr.

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Appraisal 195

BiggerPockets

FEBRUARY 21, 2022

Here are over 20 ways 15- to 25-year-olds can increase their income. Whether you're searching for a part-time job working for someone else or a side hustle working for yourself, the options and earning potential are yours for the taking!

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Finance 55

Appraisal Buzz

FEBRUARY 21, 2022

This year’s panelists will include Acting FHFA Director Sandra Thompson and speakers from HUD, BSI Financial Services, Community Loan Servicing, Freedom Mortgage Corporation, Selene Finance, U.S. Bank, and more. The post Five Star Government Forum Returns to D.C. This April appeared first on DSNews. The post Five Star Government Forum Returns to D.C.

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Government Finance Appraisal Mortgage 195

BiggerPockets

FEBRUARY 21, 2022

If a housing bubble is on the horizon, how best do real estate investors prepare for the massive hit they’re about to take? With so much money flowing throughout the […].

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Real Estate Investors 50

Appraisal Buzz

FEBRUARY 21, 2022

Fewer homes than ever were for sale in January, but homebuyers snapped up what they could before mortgage rates rose further, according to a Redfin. Seasonally adjusted new listings fell 12.4% month over month, bringing the number of homes for sale down 2.6% to a record low. But demand persisted, and sales rose 7.5%. “We believe that the inventory crunch will ease in the summer as rates rise but may not go away in.

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Inventory New Listings Appraisal Mortgage 195

Mashvisor

FEBRUARY 21, 2022

Pricing is one of the most neglected aspects of your Airbnb revenue.

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Tools Investors Real Estate 45

Appraisal Buzz

FEBRUARY 21, 2022

The world is more connected than ever before, with networked devices and practices making their way into nearly every industry in the world. This has made many aspects of our lives easier and more efficient, but it has its downsides. Cybersecurity was easy to overlook when networked systems were starting to appear, but now, it is an essential part of any business or industry that uses online networks.

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Appraisal Property Appraisal Business Valuation 243

Eyes on Housing

FEBRUARY 21, 2022

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building expanded by 10.8% in 2021 amid strong demand for move-up purchases given a rise in existing home equity. There were 49,000 total custom building starts during the final quarter of 2021. This marks a 11.4% gain from the fourth quarter of 2020.

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Design 179

Raleigh Realty

FEBRUARY 21, 2022

How to Measure The Square Footage of a House Are you wondering how to calculate and measure square feet to figure out the square footage of a house? We have you covered in the article below with a guide on how to determine the total square footage of a house When determining how to measure the square footage of a house, it may come as a surprise that there is not a national standard for measuring residential property.

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Real Estate Agent Real Estate Agents Renovations 148

Appraisal Buzz

FEBRUARY 21, 2022

ATTOM released its Q4 2021 special report analyzing qualified low-income Opportunity Zones targeted by Congress, for economic redevelopment in the Tax Cuts and Jobs Act of 2017. The report found that median single-family home and condo prices rose from Q3 to Q4 of 2021 in 56% of Opportunity Zones around the country and spiked by … The post Markets Remain Depressed in Disadvantaged Communities appeared first on DSNews.

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Marketing Appraisal 195

DW Slater Company

FEBRUARY 21, 2022

This picture was taken at a ranch in North Texas. “February is the border between winter and spring.” ? Terri Guillemets. As we near the end of the shortest month of the year, we hope that February has been a good month for you. We had a bit of PTSD this past week, as we had another winter storm hit our area last week. If you recall, last year is when Texas experience the tragic winter storm and the power grid failed and 246 lost their lives.

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