Sacramento Appraisal Blog
MAY 23, 2022
The housing market has been changing these past couple of months. As I’ve been saying, it isn’t cold, but the temperature is surely different. Anyway, let’s talk about two things to watch in months ahead – price deceleration and days on market. Any thoughts? This post feels a bit nerdy or heady, but this stuff […].
Housing Wire
MAY 23, 2022
A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. Currently, all VA appraisals must be performed in-house.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Buzz
MAY 23, 2022
If you have ever read or heard about the book titled “Who Moved My Cheese,” you may know the story about the four characters in the book and what the cheese refers to. The cheese is a metaphor for what you want in life or business. The characters all love cheese but are caught in a maze. When the cheese disappears, the four characters are faced with adapting to change.
Housing Wire
MAY 23, 2022
Potential homebuyers in today’s market are facing a number of challenges, including increasing mortgage rates and a sizeable supply and demand imbalance that is pushing home-price appreciation to very high levels throughout the country. MBA ’s Purchase Application Payment Index (PAPI) has increased by 32% thus far this year, indicating that payments have risen much faster than personal income.
Appraisal Buzz
MAY 23, 2022
PERSON OF THE WEEK: Now that pandemic-related foreclosure protections are coming to an end – and with the U.S. economy sputtering due to massive inflation – it appears likely that mortgage delinquencies and defaults will increase in the months to come. This, in turn, will translate into increased business for real estate services firms dealing in REO disposition and default valuations.
Housing Wire
MAY 23, 2022
California-based nonbank mortgage lender Pennymac Financial Services will lay off 207 additional employees in June and July following a workforce reduction filing of more than 230 employees in March. According to Worker Adjustment and Retraining Notification (WARN) notices submitted to the Employment Development Department (EDD) on April 28 and May 9, the company plans to cut 207 jobs in two rounds on June 27 and July 8, in letters to the EDD reviewed by HousingWire.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 23, 2022
Fannie Mae recently released its National Housing Survey , which revealed that consumers, in general, still believe that owning a home is better than renting. HousingWire Content Solutions Managing Maleesa Smith and Katrina Jones, Fannie Mae’s vice president of Racial Equity, Strategy and Impact, recently sat down to discuss the challenges facing homebuyers today and what Fannie Mae is doing to create new opportunities for homeownership.
Appraisal Buzz
MAY 23, 2022
Mortgage loan subservicer taps 35-year industry veteran to streamline the company’s processes to better serve its employees, clients, and homeowners. The post Cenlar Names Steven Taylor SVP/CIO appeared first on DSNews. The post Cenlar Names Steven Taylor SVP/CIO appeared first on Appraisal Buzz.
Housing Wire
MAY 23, 2022
Full-service lender Cherry Creek Mortgage announced Rick Hogle has joined the company as its chief revenue officer. In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels. He’s also tasked with developing a recruiting platform to engage and enlist new talent and improving internal coaching to strengthen the personal and professional growth of all associates.
Appraisal Buzz
MAY 23, 2022
Just over a week after conformation by the U.S. Senate, former FHFA exec sworn in by HUD Secretary Marcia L. Fudge to spearhead the FHA’s goals of expand access to safe, affordable, and sustainable housing. The post Julia Gordon Sworn in as FHA Commissioner appeared first on DSNews. The post Julia Gordon Sworn in as FHA Commissioner appeared first on Appraisal Buzz.
Housing Wire
MAY 23, 2022
The old conservative economist’s adage that “a rising tide lifts all boats” was quickly called-out by activists who didn’t see the trickle down effects of a “booming economy” benefit the working people of America. They changed the phrase to “a rising tide lifts all yachts,” sarcastically suggesting a society with vast disparities in wealth and assets and little by way of fairness.
Appraisal Buzz
MAY 23, 2022
According to the Realtor.com Monthly Rental Report, new data indicates that rental competition remained persistent in April, as the U.S. median rental price hit a new high —$1,827— for the 14th month in a row. These trends highlight affordability struggles reported by renters in Realtor.com’s recently published Avail Quarterly Landlord and Renter Survey, which found … The post Rental Affordability Issues Likely To Last Long-Term appeared first on DSNews.
Housing Wire
MAY 23, 2022
The 2022 housing market has been underscored by interest rate spikes and refi decline and lenders are working hard to adjust to new borrower trends. HousingWire recently spoke with Barry Coffin, managing director of home equity title/close at ServiceLink , about the ways lenders can capitalize on these trends by revving up their home equity solutions.
Appraisal Buzz
MAY 23, 2022
According to the Realtor.com Monthly Rental Report, new data indicates that rental competition remained persistent in April, as the U.S. median rental price hit a new high —$1,827— for the 14th month in a row. These trends highlight affordability struggles reported by renters in Realtor.com’s recently published Avail Quarterly Landlord and Renter Survey, which found … The post Rental Affordability Issues Likely To Last Long-Term appeared first on DSNews.
Eyes on Housing
MAY 23, 2022
Nonfarm payroll employment increased in 41 states and the District of Columbia in April compared to the previous month while eight states lost jobs. North Dakota remained unchanged. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 428,000 in April, following a gain of 428,000 jobs in March. On a month-over-month basis, employment data was.
Appraiserblogs
MAY 23, 2022
Having a federal agency in charge of appraisers will be a NIGHTMARE. Leave it to the states as it is now. ALL appraisers should be SWAMPING their state representatives with calls & emails in OPPOSITION to newly introduced H.R. Bill entitled: Fair Appraisal and Inequity Reform Act of 2022. DO IT NOW. **Remind them all that the job of a Professional Real Estate Appraiser is to PROTECT THE PUBLIC TRUST.
GoForrmz
MAY 23, 2022
From pre-delivery inspections to warranty claims, learn how the GoFormz and Procore integration can rapidly improve quality management Owners are often seeking ways to deliver a seamless experience for building managers and residents while ensuring that quality is a top priority. Challenges arise when information received is not accurate or visible, causing assessment delays and increased risk for missed deficiencies.
Mashvisor
MAY 23, 2022
Real estate investors might have certain apprehensions in dealing with iBuyer companies and for a good reason. Table of Contents What Is an iBuyer? How Does iBuying Work?
BiggerPockets
MAY 23, 2022
Buying an investment property is a lot like exercising. At first, you don’t know any of the verbiage, then you start learning the tools, and finally, after some repetition (and […].
Mashvisor
MAY 23, 2022
Is America’s real estate bubble on the verge of bursting in 2022—or is that just a false assumption put forward by the media? Let’s find out.
BiggerPockets
MAY 23, 2022
This is by no means the worst economy we’ve ever seen. But with the exception of the first few months after the beginning of COVID-19, it is almost certainly the […].
Town & Country Residential Appraisals
MAY 23, 2022
It was bound to happen. The signs are pointing to a cooling off from the height of increases we experienced in 2021. While there is still a short supply, this supply is starting to increase. As of this writing on May 23, 2022 there were 84 sales in Murrysville since the first of the year and currently there are 24 active listings, 43 properties with contingent contracts and 17 properties under contract. 2022 Quarter 1 Sales.
Mortgagebroker News
MAY 23, 2022
This year’s winning brokerages stand out not just for their impressive volumes but their ability to adapt to change
Housing Wire
MAY 23, 2022
Agency loan originations are down significantly this year due to higher interest rates. Fannie Mae recently lowered its projected single-family mortgage origination volume for 2022 from $3 trillion to $2.8 trillion. With lower agency volume to pull from, many brokers are turning to non-QM to supplement their income. “The dedication and the attention to detail from brokers today is great, because they’re focusing to get these loans through,” said Keith Lind, CEO at Acra Lending.
DW Slater Company
MAY 23, 2022
Sunset in Sivells Bend, TX. As we have been reporting the last year, the North Texas markets have experienced extraordinary appreciation in housing with very little signs of slowing. The median sale prices have had double digit increases within the past year. This is on top of the increases that we have been experiencing within the past 5 years- Denton County alone has experienced a 77.45% increase in 5 years as the median sales price in May of 2017 was $270,500 and now it is $480,000.
Appraisal Buzz
MAY 23, 2022
Fannie Mae announced the execution of its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2022 in the amount of $21 billion. Effective April 1, Fannie Mae will retain risk for the first 65 basis points of loss on the $21 billion covered loan pool. If the $136.2 million retention layer is exhausted, 22 insurers … The post Fannie Mae Executes $21B CIRT on Single-Family Loans appeared first on DSNews.
Expert insights. Personalized for you.
401 
Let's personalize your content