Tue.Dec 28, 2021

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What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

Appraisal Buzz

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards.

Appraisal 243
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Hope and homebuyers return to Paradise

Housing Wire

In November 2018, the deadliest fire in the history of California nearly destroyed Paradise, a 144-year-old town that sits in the Sierra Foothills above the northeastern Sacramento Valley. . When the smoke had cleared, Camp Fire left tens of thousands of people displaced, 86 persons dead and 18,804 buildings destroyed. Paradise bore the brunt of Camp Fire’s destruction.

Insurance 383
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Lumber Should Remain Volatile; Home Price Gains Slow; Will We See 7% Next Year?

Appraisal Buzz

Home price gains slowed slightly in October with both S&P CoreLogic Case-Shiller and the Federal Housing Finance Agency (FHFA) reporting lower annual increases in October than in September. There was a slight uptick, however, in the monthly gain in FHFA’s House Price Index (HPI). The Case Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, rose 19.1 percent on an annual basis in October.

Finance 195
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Top Posts of 2021: Construction Times in 2020

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In June, Na Zhao analyzed data on construction times in 2020. Survey data indicated that in 2021 the construction cycles expanded, although that data will be available in 2022. The 2020 Survey of Construction (SOC) from the Census Bureau.

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FHFA House Price Index Rose Slightly in October

Appraisal Buzz

House prices rose nationwide in October, up 1.1% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI). House prices rose 17.4% from October 2020 to October 2021. The previously reported 0.9% price change for September 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from September 2021 to October 2021 ranged from -0.3% in the New England division to +1.7% in.

Finance 195

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Working With Real Estate Investors? Here’s Why They Make Great Clients

McKissock

Are you wondering what the best clients to work with are to advance your real estate career? There are many different career opportunities in real estate. While some real estate agents and brokers prefer to work with homebuyers, others decide to specialize in working with property investors. Both niches have their advantages and disadvantages, but here’s why some people prefer working with investors.

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3 Digital Form Templates for HR

GoForrmz

Simplify HR documentation, expedite processes, and streamline workflows with these digital form templates Extensive, cumbersome paperwork is a cumbersome obstacle for human resources teams of every size and sector. Juggling various tasks that oftentimes require paper forms to be completed by vendors, contractors, employees, and more, it’s crucial to maintain highly accurate and organized data that’s easy to retrieve upon short notice.

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Everything You Need to Know about the Mortgage Approval Process

Eppraisal

For a vast majority of property owners, the home loan is the largest extension of credit they will ever pay down. With hundreds of thousands of dollars -- or more -- at stake, it makes sense that lenders take great care to qualify their borrowers before issuing such large disbursements of funds. While applicants can feel uneasy about a bank looking so closely at their financial lives, they can nonetheless take comfort from the fact that the lender's thoroughness enables it to make loans in

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How Squatters Rights Affect Landlords

BiggerPockets

What can you do about “unexpected tenants” taking over your property? Can you turn off utilities and change the locks to get rid of them? Or are there other ways to effectively get rid of squatters from your property that won’t violate state laws? If you’re interested in answers to these questions, read on to find out what you can do about squatters taking over your property.

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How Fast Can you Sell a House After Buying It?

Mashvisor

When you purchase a property, you have every right to do with it as you please, provided it’s not illegal or dangerous.

Sellers 69
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Rookie Podcast 143: High Salary? No Thanks, I’d Rather Be Wholesaling w/Aaron Latal

BiggerPockets

When you think about your ideal life in 5,10 or even 15 years, what do you see? When you think about your finances, what is it that you want your […].

Finance 57
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What's happening in Canada's MIC space?

Mortgagebroker News

The segment was identified last year by CMHC as the fastest-growing in Canada’s mortgage market

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Subleasing Airbnb: The Definitive Guide

Mashvisor

You do not need to own a property to get started in real estate investing. Here is what you need to know about the strategy of subleasing Airbnb.

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Community Trust continues to leverage adaptability, provide solutions heading into 2022

Mortgagebroker News

Whether trends are good or bad, the important thing is finding opportunities in any environment

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How Much Are Closing Costs in Oregon? A Breakdown for Investors

Mashvisor

The cost of housing is rising at a much faster rate than wages and salaries, especially in this pandemic.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards.

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Anthony’s 2022 Predictions

Lamacchia Realty

2021 Recap. 2021 is going down in history as a historical year for the housing market across America. It was the year of the frustrated buyer, particularly in the first half of the year. The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Multiple offers were happening on almost every property that was listed for sale.

Sellers 74