The most recent edition ATTOM’s U.S. Home Equity & Underwater Report for the third quarter shows that 39.5% of mortgaged residential properties were considered “equity-rich” meaning that the remaining balance of a mortgage was no more than 50% of their estimated market value. In the third quarter, the portion of mortgaged homes that were equity-rich rose to 39.5%, up from 34.4% in the second quarter …
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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).
