Driven by rising home prices, homeowner equity in the U.S. increased a whopping 35% – or nearly $10 trillion – in 2021, according to Black Knight’s Mortgage Monitor Report.
The report defines tappable equity as the amount available for mortgage holders to access while retaining at least 20% equity in their homes.
Homeowner equity increased so much during the past year that the total market combined loan-to-value ratio fell below 45% for the first
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
