Housing Wire
OCTOBER 25, 2022
Annual home-price growth slowed further in August, with year-over-year price gain shrinking for the fifth consecutive month, according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday. Nationwide home prices posted a year gain of 13.0% in August, bringing the index to a reading of 303.76. In July , the index saw a year-over-year increase pf 15.6%.
Appraisal Buzz
OCTOBER 25, 2022
*The Appraisal Buzzcast Video will appear here at 5 am on 10/26*. Today’s Buzzcast interview is with Tom Winant and Alan Jeary of STRAAM Group. We sat down with Tom, Alan, and Joan Trice, Founder of Allterra Group, LLC, to discuss what the appraisal industry needs to know about structural risk. How can structural risk impact the appraisal? These questions and much more will be answered between Tom, Alan, and Joan as they dive into this subject.
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Housing Wire
OCTOBER 25, 2022
Recession is coming, according to the Mortgage Bankers Association. . The MBA forecasts a recession in the first half of 2023, with the unemployment rate at 5.5% and inflation at the 2% target by the end of next year. The economic dislocation will bring mortgage originations down to $2.05 trillion in 2023, compared to $2.26 trillion this year, according to the trade group. .
Sacramento Appraisal Blog
OCTOBER 25, 2022
Home prices are the holy grail in real estate, and it almost seems sinful or off-limits to say they’re going down. But let’s be real. That’s what is happening right now locally and in some other portions of the country. Let’s talk about what this means as well as what’s going on in appraisal reports. […]. The post Are home prices declining?
Appraisal Buzz
OCTOBER 25, 2022
“Today’s decision will benefit borrowers and the Enterprises, along with maintaining safety and soundness,” said Sandra L. Thompson, Director of the FHFA. The post FHFA Approves New Credit Scoring Models for GSEs appeared first on Appraisal Buzz.
Eyes on Housing
OCTOBER 25, 2022
After bottoming out at 19% in the first quarter of 2022, the popularity of new homes continues to rebound, as the share of buyers looking for new construction rose to 21% and 27% in the second and third quarters of the year, respectively. A possible factor behind this trend is that the inventory of new homes for-sale is 25% higher.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
OCTOBER 25, 2022
As a vacation rental host, you want to do everything you can to make your guests feel at home. One way to do that is by providing them with freebies […].
Appraisal Buzz
OCTOBER 25, 2022
Redfin has found that one-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk, and 36% say they have an insurance policy covering flooding—a higher share than other climate risks. The post More Homeowners Investing in Climate Risk Protection appeared first on Appraisal Buzz.
Houston Properties
OCTOBER 25, 2022
Compare all Galleria Houston condominium buildings. Browse our condo links for pictures, information, and building history. Here's a comprehensive list of all Galleria Houston condos for sale and rent.
Appraisal Buzz
OCTOBER 25, 2022
Rapidly rising rates and inflation rates last seen 40 years ago pushed more away from the housing market in August, as S&P CoreLogic Case-Shiller reported continued declines in nationwide price gains. The post Falling Home Sales and Drop in Prices Result in Diminished Demand appeared first on Appraisal Buzz.
The Appraiser Coach
OCTOBER 25, 2022
I grew up in a real-estate home. My father was involved in real-estate for as long as I can remember. When I was in my teens my dad became an. Read More.
Mashvisor
OCTOBER 25, 2022
Have you been looking for the best real estate app for buyers? Read on to find out why Mashvisor is your best bet for a real estate app.
BiggerPockets
OCTOBER 25, 2022
Your network can be your most powerful tool inside and outside of real estate. Today’s guest, Ryan John, started his real estate investing journey after seeing his friends succeed in the investing space—including his childhood […].
Mortgagebroker News
OCTOBER 25, 2022
Renters in particular are worried about their capacity to service their debts
Clear Capital
OCTOBER 25, 2022
The road hasn’t exactly been a smooth one for appraisers over the last two years, with many changes forcing appraisers to adapt and learn new ways of doing business. Valuation Review recently caught up with Clear Capital Chief Appraiser John Brenan to discuss specific changes throughout the industry since 2020, as well as the road technology has paved for appraisers.
Mortgagebroker News
OCTOBER 25, 2022
Rates have surged throughout the year – and more increases are on the way
Eppraisal
OCTOBER 25, 2022
Past real estate market cycles have always shown real estate traffic to start kicking in after the winter holidays. Spring and summer real estate markets have always been the busiest. However, there are some signs that fall may be the new selling season. Past Market Cycles Historically, real estate website traffic begins to grow after the winter holidays.
Mortgagebroker News
OCTOBER 25, 2022
There's still time to register for the eagerly anticipated event
Housing Wire
OCTOBER 25, 2022
As the risk of wire and title fraud increases, the discussion around the problem in the industry grows louder. Earlier this year at MBA Tech 2022, the Mortgage Bankers Association held a panel that included title industry executives, lender risk management executives and fintech risk vendors discussing wire and title fraud. The panel focused on how to get ahead of the risk.
Mortgagebroker News
OCTOBER 25, 2022
The market is currently running a very high risk of its bubble bursting
Housing Wire
OCTOBER 25, 2022
Single-family rental behemoth Invitation Homes is seeking a joint venture partner to take advantage of the latest drop in home prices, according to a report by Bloomberg. The company is working with commercial brokerage Eastdil Secured to find a partner for a $1 billion joint venture, according to Bloomberg’s sources. The search for a partner is in the early stages and is not guaranteed to materialize, Bloomberg reported.
Mortgagebroker News
OCTOBER 25, 2022
HomeEquity Bank offers flexible options to help your clients get the most out of their equity
Will Springer Realtor
OCTOBER 25, 2022
This is the time of year we celebrate Veterans Day and, hopefully, you can thank a veteran for their service. Thanks to the sacrifices made in difficult times of battle, we enjoy freedom today. One of the best ways our government says “thank you” to the men and women in uniform is the VA Home Loan Guaranty Program. Available to active duty members, veterans of the armed forces and their surviving spouses, the benefit offers up to 100% financing – meaning no down payment – on the purchase of a ho
Mortgagebroker News
OCTOBER 25, 2022
"If you're a broker today and you're not quick at responding to your client, someone else will be"
Housing Wire
OCTOBER 25, 2022
America is in a “full damage control mode” while the Federal Reserve attempts to control inflation, inflicting pain on the mortgage industry – and that’s when “bad policies have a habit of rearing their ugly head,” according to Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit. . The main threat now comes from the Consumer Financial Protection Bureau (CFPB), where the director can act as “ judge , jury, and executioner , all in one,” Bro
Mortgagebroker News
OCTOBER 25, 2022
Hear about the outlook for brokers?
Mortgagebroker News
OCTOBER 25, 2022
The lower demand was especially apparent in the single-family home segment
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