Comparing this housing market recession to 2008
Housing Wire
DECEMBER 29, 2022
As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020.
December, 2022
536 
Are foreclosures and short sales coming back to the housing market?
Sacramento Appraisal Blog
DECEMBER 19, 2022
A foreclosure wave is coming!!! And short sales are about to be unleashed!!! That’s often the housing narrative, and let’s talk about that while looking at some changes we’re starting to see in the Sacramento market. I hope this is helpful, whether you’re local or not.
Join 9,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Are You Using Big Data in Appraisals?
George Dell
DECEMBER 28, 2022
Editor’s Note: Are You Using Big Data in Appraisals? is a first-time Guest Post from John Fariss, MNAA. John is the owner of Fariss Appraisal Services located in Bakersfield, CA.
Taking Your Business to Soaring New Heights
The Appraiser Coach
DECEMBER 27, 2022
I love my coaching. There’s just something about helping other people succeed that brings me a lot of joy! Something that comes up a lot during my coaching interviews with. Read More.
Surprising Things That Can Decrease Property Value
Cleveland Appraisal Blog
DECEMBER 10, 2022
Hello dear reader! I’m so sorry for the weeks I missed posting articles last month. There was a death in my family which has been difficult to work thru. While I get things going again, I have a returning guest blogger for this week and next week.
Builders Are Cutting Prices & Offering Incentives, But It’s Not 2008
Eyes on Housing
DECEMBER 5, 2022
In November of 2022, 36 percent of single-family home builders reported reducing their prices, and 59 percent were offering special sales incentives.
Sign up to get articles personalized to your interests!
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
More Trending
How much have home prices gone down?
Sacramento Appraisal Blog
DECEMBER 14, 2022
How much have home prices gone down? That’s the big question right now, so let’s talk about it. But I want to highlight a pressing issue that’s been coming up about the stats. I hope this is helpful, whether you’re local or not.
Is 30 Comps Just Right?
George Dell
DECEMBER 14, 2022
How many comps should I use? What do “authorities” say? Historical appraisal practice, as passed on from trainer to trainee, in the outdated master/apprentice model that imposed strong inviolable dictates. For residential forms, the magic number was three, sometimes up to five or six.
Where There’s a Brick, There’s a Way
The Appraiser Coach
DECEMBER 20, 2022
I remember when I first started using a laser to do my measurements. I was up in front of a group of people, and I asked them to show by. Read More.
What to Expect Undertaking These 4 Common Home Projects
Cleveland Appraisal Blog
DECEMBER 24, 2022
Are you planning on renovating your home? What kinds of things can you expect? This week I welcome back guest blogger, Shirley Martin, who answers these questions in this article. I hope you enjoy it! What to Expect When Undertaking These 4 Common Home Renovation Projects.
Nine Percent of New Homes Are Teardowns
Eyes on Housing
DECEMBER 22, 2022
In 2021, 9.1 percent of new single-family homes were built in an older neighborhood on a site where a previous structure had to be torn down and rebuilt, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. Another 18.5
Cooler inflation data sends mortgage rates lower
Housing Wire
DECEMBER 13, 2022
On Tuesday, the Consumer Price Index (CPI) data came in cooler than expected , and the bond market loved it, driving mortgage rates lower. Where do we go from here? Headline inflation is still very elevated historically, but the trend can be our friend over the next 12 months.
Getting high on housing hope
Sacramento Appraisal Blog
DECEMBER 6, 2022
Be an optimist in life. Be full of hope. And let nothing shake you. But when it comes to housing stats, be realistic about the market that actually exists. Today, let’s talk about getting high on housing hope (and unpack fresh stats).
An Excess of Appraisers? More on Education
George Dell
DECEMBER 7, 2022
Appraiser education is part of the “Big Stymie.” The five forces of friction: practices, standards, education, regulation, and client expectation – all interact to impede progress in appraisal. And of these, regulation and education create the long-term blockage.
You Go Your Way, and I’ll Go Mine
The Appraiser Coach
DECEMBER 6, 2022
Many of you know that I don’t do partnerships. I’ve had some negative experiences in the past, and I don’t like the idea of being a part of one again. Read More.
What gifts await appraisers under the holiday tree?
Valuation Review
DECEMBER 21, 2022
#appraisers #holidaygifts #annualholidayfeature
The Size of the Housing Shortage: 2021 Data
Eyes on Housing
DECEMBER 16, 2022
Reflecting the unprecedented housing shortages across the United States in the post-pandemic market, U.S. vacancy rates hit their lowest readings in decades in 2021. According to NAHB’s analysis of the 2021 American Community Survey (ACS), owner vacancy rates dropped below 0.9%
Lower mortgage rates are stabilizing the housing market
Housing Wire
DECEMBER 7, 2022
Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market.
Intended Use Of The Appraisal
Padove Appraisal Service
DECEMBER 2, 2022
Every appraisal order begins with a customer consultation. This is an in-depth discussion of the home, and the purpose of the appraisal. Any method of communication can be used for this step of the process. The purpose of the consultation is to find out how the appraisal can help you.
The VA Required to Encourage Hybrids – Senate Passes HR 7735
Appraiserblogs
DECEMBER 21, 2022
The VA will now be required to encourage hybrid appraisals. If you are a VA Appraiser, here’s a bit of news you need to keep tabs on. Senate Passes VA Appraisal Modernization Measure – theMReport.com The U.S.
Winter Season- December Newsletter
DW Slater Company
DECEMBER 30, 2022
As we end this year and look to the new, we hope that you had a nice Christmas time and we wish you the best for the upcoming year! This month we celebrate 35 years of the D. Slater Company! In honor of 35 years, we have gone back to the original retro logo!
Zillow: The 2023 approach for homebuyers battling affordability issues
Valuation Review
DECEMBER 19, 2022
#Midwesternmarkets #poolmoneytobuyhomes #Zillow #affordability
Apartment Absorption Rate Reaches 25-year High
Eyes on Housing
DECEMBER 1, 2022
Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that the multifamily market remained strong during the second quarter of 2022 due to high demand.
Dave Stevens on understanding this housing market
Housing Wire
DECEMBER 5, 2022
I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. And while my more recent roles were more senior in stature, my mind tends to think like I did when I was a top loan originator in Denver back in the very beginning.
Market Overview: Montgomery County, PA – December 2022
Padove Appraisal Service
DECEMBER 10, 2022
The past couple of years have been crazy! We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. The result has been rising home prices. Recent increases in mortgage rates have reduced some demand.
Average AMC Appraisal Fee to the Appraiser
Appraiserblogs
DECEMBER 29, 2022
Average AMC appraisal fee to the appraiser: AMCs are taking far more of the borrower-paid fee this year than they did last year.
[Video] Business Automation with GoFormz Workflows
GoForrmz
DECEMBER 8, 2022
Do you ever stare at your computer and say “there has to be an easier way to do this”? If your day is filled with repetitive data entry or processing tasks, let GoFormz give you back your workday!
FHFA announces 2023 conforming loan limit values
Valuation Review
DECEMBER 19, 2022
#FederalHousingFinanceAgency #conformingloans #CLL #FannieMae #FreddieMac
November New Home Sales Up as Interest Rates Fall Back
Eyes on Housing
DECEMBER 23, 2022
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs, and challenging affordability conditions.
The 2023 Housing Market: A Look Ahead
Housing Wire
DECEMBER 28, 2022
This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event.
2022 Southwest Suburban Christmas Lights Tour!
Advanced Appraisal
DECEMBER 20, 2022
This is our annual Christmas Lights Tour in our Local Tinley Park, Mokena and Frankfort areas. Some of the houses we personally know the owner's and some we just revisit every year to new ones added. We truly enjoy our t
FTX Bought Government’s Silence; Did Fintechs Buy Attacks on Appraisers?
Appraiserblogs
DECEMBER 23, 2022
The nation’s 80,000 licensed real property appraisers should pay close attention to the manipulation of Washington by FTX, which turned out to have the characteristics of a Ponzi scheme.
Collect Legally Binding eSignatures In Your Digital Forms
GoForrmz
DECEMBER 5, 2022
Create and share eSignature documents in minutes Easily collect legally binding electronic signatures in your digital forms with eSign fields. With GoFormz, you can securely gather signatures anytime, anywhere – without the trouble of messy paperwork.
NAR IDs ‘most impactful’ real estate tech for 2022
Valuation Review
DECEMBER 5, 2022
#NationalAssociationofRealtors #survey #currenttechnologyusage #eSignature #MLS
Let's personalize your content