Monday, May 6, 2024 | The Latest Buzz for the Appraisal Industry

Homes Selling Nearly 60% Above List Price Nationwide

According to a new report from Redfin, the typical home for sale found a buyer in just 15 days —the fastest pace on record— during the four-week period ending May 8. Pending sales fell 6%, the largest year-over-year decline since June 2020 when the initial pandemic shock to the housing market was gradually wearing off. …

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Karen Connolly

Going to Extremes

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

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