Housing Wire
APRIL 20, 2021
In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. The report accounts for the fundamental factors contributing to a home’s value, such as size, condition, neighborhood amenities and schools.
The Appraiser Coach
APRIL 20, 2021
I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers. Read More.
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Housing Wire
APRIL 20, 2021
Patrick, a 25-year old tech worker, had his heart set on buying a home in the Reading, Massachusetts area, where he grew up. He wasn’t looking for a fixer-upper. That turned out to be nearly impossible as home prices in the small town north of Boston accelerated. The first house he submitted in an offer for fetched $70,000 more than the asking price, only to be flipped for another $60,000.
Sacramento Appraisal Blog
APRIL 20, 2021
“Help. We can’t find an appraiser to come to the property. Everyone is saying NO. What do you suggest?” I’ve been getting this question multiple times every week, so here are some thoughts. Market update: By the way, in case you needed some background noise, here’s an hour-long market update I gave for SAFE Credit […].
Housing Wire
APRIL 20, 2021
In the past year, among the many challenges and difficulties brought on by the COVID-19 pandemic, the real estate and mortgage industries enjoyed a wave of success with low interest rates, refinance opportunities and etc. More recently, the buzz surrounds bidding wars due to extremely low inventory, purchase over refinance and the fluctuation of mortgage rates.
GoForrmz
APRIL 20, 2021
Turbocharge your field service workflows with digital forms and data capture No matter your industry, digital forms and data capture can significantly transform your operations daily workflows. Your digital field service forms can look exactly like your existing work documents (requiring no code or IT support) making it easy to onboard new users or maintain critical formatting requirements.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
McKissock
APRIL 20, 2021
Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Industry veterans may also find that working for a part-time real estate agent salary provides an alternate or transition to retirement or a way to balance work and family life.
Housing Wire
APRIL 20, 2021
Appraisal-management tech provider AppraisalWorks is now available through the ICE Mortgage Technology Platform , the company announced Tuesday. ICE Mortgage Technology, formerly known as Ellie Mae , is a cloud-based loan origination platform provider for the mortgage industry. With this integration, lenders can now order, assign, monitor, and review real estate valuations from a marketplace of AMCs and appraisers directly through the ICE platform.
McKissock
APRIL 20, 2021
We love to hate them. But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. One way to boost your business is by working smarter with your AMC partners. Here are ten tips designed to help you improve your appraiser score, get more assignments close to home, and earn more money working with AMCs. 1.
BiggerPockets
APRIL 20, 2021
Short-term stays using popular rental services like Airbnb are quickly becoming the norm. But being a host can change your tax liability? If investors are not careful, they may end up paying additional taxes. Here's how to avoid self-employment taxes.
Eppraisal
APRIL 20, 2021
It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With so few homes available and so many people looking, this is why it's extremely important to be prepared in advance.
BiggerPockets
APRIL 20, 2021
We live in a digital age. Let’s face it—there’s almost nothing you can’t do online. Savvy renters want to organize their rent payments, maintenance requests, and sign rental leases online. Here's how landlords can help them.
Will Springer Realtor
APRIL 20, 2021
In this virtual world, technology drives virtually everything. We live with – and love – our screens to entertain, communicate and stay informed. The blending of the physical and digital is now a key component to buying a home. Welcome to the world of smart-home technology! In a survey of more than 8000 home buyers conducted in 2019-2020, 10% said smart-home tech was one of the reasons for making their purchase.
BiggerPockets
APRIL 20, 2021
Martin Neal started his career as a police officer during the great recession. His family convinced him to buy a condo since prices were near rock bottom, this is when […].
Housing Wire
APRIL 20, 2021
Federal Housing Finance Agency Director Mark Calabria said the controversial amendments made to Fannie Mae and Freddie Mac ‘s Preferred Stock Purchase Agreements in late January should be just the start. “I said in January when the PSPA were signed — there needs to be another set of amendments. January really is a bridge,” he told Wells Fargo ‘s Kristy Fercho , chair-elect of the Mortgage Bankers Association , at the trade group’s spring conference. “We knew w
The Robert Weiler Company
APRIL 20, 2021
Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need.
Appraiserblogs
APRIL 20, 2021
…other states will also modify their appraisal license renewal CE class requirements to include some form of anti-bias training… Folks, I attended the ACTS Conference in Bay St. Louis, MS, sponsored by National Association of Appraisers, last week. While there, enjoying the interactions of ~150 attendees, a primary topic of conversations and presentations was the impending impact to appraisers regarding anti-bias training and bias attitudes.
Housing Wire
APRIL 20, 2021
As lawmakers take up housing-related bills in Congress, Housing and Urban Development (HUD) Secretary Marcia Fudge laid out her priorities during an address at the Mortgage Bankers Association ’s spring virtual conference. Fudge hailed the passage of the American Rescue Plan as a “landmark law,” and highlighted its $10 billion in mortgage assistance and another $4.5 billion to help households pay utility bills.
Housing Wire
APRIL 20, 2021
In February, a top career official at the U.S. Department of Housing and Urban Development fired off a troubling letter to the Biden administration. The official, a 23-year veteran of the agency, wrote that he had serious concerns about the Federal Housing Agency ’s pandemic response, the timing and effectiveness of a massive IT modernization effort ahead of the 2020 election , and a tidal wave of defaults and foreclosures the federal government wasn’t prepared to handle.
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