Sacramento Appraisal Blog
JULY 20, 2021
Do you need a closet to be considered a bedroom? That’s a big question and the answer is simple. Actually, it’s not. Here are some things to consider. NOTE: This post does not address the requirements to be a bedroom. Here is a post I wrote about the four requirements to be a bedroom (over […].
The Appraiser Coach
JULY 20, 2021
As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.
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Appraisal Buzz
JULY 20, 2021
Today, Black Knight, provider of software, data, and analytics to the mortgage, real estate, and capital markets, announced Underwriter Assist, the latest AI-powered mortgage solution developed by Black Knight running on (AWS). Underwriter Assist improves operational efficiency and productivity by automating many “stare and compare” tasks traditionally involved in underwriting, a critical component of the … The post Black Knight Introduces Underwriter Assist appeared first on t
Housing Wire
JULY 20, 2021
Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market to adapt to meet the needs of today’s borrowers. After a season of high refinance volume, what is next for the mortgage industry and how can originators stand out amongst the competition?
Appraisal Buzz
JULY 20, 2021
Applications for mortgages for new home purchases dropped 3% in May compared with April and were down 23.8% compared with May 2020, due to a slowdown in residential home construction, the Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) shows. It’s a familiar problem: As inventory continues to shrink and demand rises, there are fewer new homes to buy. “Homebuilders are encountering stronger headwinds of late, as severe price increases for key building materials, The po
Housing Wire
JULY 20, 2021
HousingWire recently sat down with Matthew Marx, CEO of Evocalize, to learn more about the importance of lead gen and referrals in a hot housing market. HousingWire: In an already high origination volume environment, why should lenders put an emphasis on increasing referrals and generating leads? Matthew Marx: Increasing referrals and generating leads today helps lenders reap even greater returns while the market is hot.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
McKissock
JULY 20, 2021
Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? No matter how you may have answered this question in your mind, let’s explore some of the issues around appraisal inspection vs. home inspection.
Appraisal Buzz
JULY 20, 2021
As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, … Read More. The post Dear Appraisers, Why do You Care about Your Competition’s Fees appeared first on Appraisal Buzz.
BiggerPockets
JULY 20, 2021
The economy is booming right now. Few would argue with this fact. But there are storm clouds on the horizon. You can close your eyes and try to ignore the future, but that won’t change what’s coming.
Appraisal Buzz
JULY 20, 2021
Interest in cross-metro relocation waned slightly on a quarterly basis, but economists expect it to remain high for the foreseeable future. The post Telecommuting Continues to Affect Homebuyer Migration Trends appeared first on theMReport.com. The post Telecommuting Continues to Affect Homebuyer Migration Trends appeared first on Appraisal Buzz.
BiggerPockets
JULY 20, 2021
Greg Schwartz didn’t plan on getting into real estate, he was keen on becoming a private pilot. He figured he’d make $200k-$300k per year and that would be enough money […].
Appraisal Buzz
JULY 20, 2021
Housing starts posted a second straight increase in June while permits continued what has become a long, slow, slide. The U.S. Census Bureau and the Department of Housing and Urban Development said builders began construction on new homes at a seasonally adjusted annual rate of 1.643 million during the month, a 6.3 percent increase over the 1.546 million rate of starts in May.
PennyMac
JULY 20, 2021
Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. Here are 12 questions that will help you avoid the bad actors in your search for a great real estate agent. 1.
Appraisal Buzz
JULY 20, 2021
Older borrowers are taking advantage of reverse mortgages in a housing market where equity has more than doubled over the past decade. The post States Where Homeowners are Cashing in on Equity appeared first on theMReport.com. The post States Where Homeowners are Cashing in on Equity appeared first on Appraisal Buzz.
CA Realty Training
JULY 20, 2021
By Karen D. Friedman. Let’s face it, real estate transactions can be extremely complicated and take up a lot of an agent’s time. But, dealing with contracts and disclosures comes with the territory when you’re in escrow. While this is a necessary part of being a real estate agent, savvy agents leverage their time, so they can continue cultivating leads and getting new business. .
Appraisal Buzz
JULY 20, 2021
As the U.S. regains its financial footing, default rates continue to decline, as pandemic-related financial distress across the country continues to ease for homeowners. The post Default Rates Continue to Drop appeared first on DSNews. The post Default Rates Continue to Drop appeared first on Appraisal Buzz.
Real Quantum
JULY 20, 2021
JULY 29, 2021 | 11:00 AM CDT | 30 MINUTES. FREE LIVE WEBINAR |Commercial Appraisal with Discounted Cash Flow Using Realquantum and Rockport VAL. SAVE MY SPOT . Agenda. Delivering complex commercial real estate appraisals that include a DCF can be a time-consuming and tedious process. There is a much better way. Join Realquantum CEO Jeff Weiner and Rockport VAL Head of Client Support Lynn Clarke as they demonstrate how Realquantum and Rockport VAL work seamlessly together to help appraiser
Appraisal Buzz
JULY 20, 2021
Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? No matter how you may have answered this question in your mind, let’s explore some of the issues around appraisal inspection vs. home.
Mashvisor
JULY 20, 2021
Are you looking to invest in real estate and want to make your property search easier? If so, then you should consider using house hunting apps.
Appraisal Buzz
JULY 20, 2021
A new Zillow analysis finds that housing inventory saw meaningful recovery for the second month in a row in June, improving 3.1% over May. The post Hope for Housing Supply appeared first on DSNews. The post Hope for Housing Supply appeared first on Appraisal Buzz.
Mashvisor
JULY 20, 2021
A real estate investment can be a lucrative approach for building wealth, and it certainly is a powerful way to diversify your portfolio.
Appraisal Buzz
JULY 20, 2021
The demand for homes remains strong and the competition is still intense nationwide, as appreciation reaches new highs in June. The post Housing Inventory Sees Significant Recovery in June appeared first on theMReport.com. The post Housing Inventory Sees Significant Recovery in June appeared first on Appraisal Buzz.
Mortgagebroker News
JULY 20, 2021
Research shows homeowners with an outstanding mortgage may be at particular risk
Appraisal Buzz
JULY 20, 2021
While the inclination to migrate to a new city or state slowed for the quarter, economists cite reasons to believe it will remain elevated. . The post Interest in Relocating to New Metro Remains High appeared first on DSNews. The post Interest in Relocating to New Metro Remains High appeared first on Appraisal Buzz.
Mortgagebroker News
JULY 20, 2021
Investment to create thousands of jobs in housing and construction sector, says agency
Will Springer Realtor
JULY 20, 2021
There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. Gone are the days of buyers and sellers walking into a real estate office to pore over books filled with the latest MLS listings, review typed contracts in triplicate and take in the smell of singed facsimile paper in the air.
Mortgagebroker News
JULY 20, 2021
New poll notes rising number of buyers using different lenders from their main bank
Housing Wire
JULY 20, 2021
KW Expansion Network will support business operations of the U.S.-based KW real estate expansion teams. Keller Williams has long been hailed as one of the first to embrace the team business model in real estate. The newly launched KW Expansion Network will take that support one step further to systematize the process of bringing expansion teams to new markets.
Mortgagebroker News
JULY 20, 2021
The new product is the lowest five-year variable rate in Canadian mortgage history
Housing Wire
JULY 20, 2021
After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up in activity in the second half of 2020. This moderation means that 2021 will likely have slightly more total home sales than 2020, but not gangbusters.
Mortgagebroker News
JULY 20, 2021
Investment to create thousands of jobs in housing and construction sector, says agency
Housing Wire
JULY 20, 2021
Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. New single-family home sales were reported at a seasonally adjusted annual rate of 704,000 units in June, a decrease of 5% from May’s pace of 741,000.
Mortgagebroker News
JULY 20, 2021
New poll notes rising number of buyers using different lenders from their main bank
Housing Wire
JULY 20, 2021
Housing starts increased 6.3% to a rate of 1.64 million in June, as construction companies broke ground on a greater number of both single-family and multifamily buildings last month. But crucial supply issues are preventing future builds from getting off the ground. Per the most recent study from the U.S. Census Bureau, starts are up 29% year over year, though the comparison is skewed due to the COVID-19 pandemic.
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