Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. .

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Housing Market Appraisal Appraisal Process Marketing 545

Sacramento Appraisal Blog

MAY 25, 2021

Dear Sellers, How are things? I hope all is well. The housing market is so chaotic right now, so I wanted to share some thoughts and advice that I thought might help. This is coming from a good place and it’s based on observations and conversations with the real estate community. I hope this helps. […].

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Sellers Marketing Real Estate Housing Market 480

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. Many of the complaints and allegations about appraisals related to not addressing the changes happening in the market as the meltdown began to occur, calling the market stable when prices were starting to decline.

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Miller Samuel

MAY 1, 2021

This is my fourth appearance with my friend Barry Ritholtz, a prolific columnist/blogger, radio show host/podcaster , and wealth management firm head on his Masters In Business show for Bloomberg Radio. He previously interviewed me in 2014 , 2016 and 2020. Barry also posted the interview on his essential Big Picture blog: MiB: Jonathan Miller, Appraiser Extraordinaire in addition to the Bloomberg Masters In Business landing page.

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The Appraiser Coach

MAY 18, 2021

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

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Eyes on Housing

MAY 27, 2021

Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue on a regular basis in the 1990s, in is survey for the NAHB/Wells Fargo Housing Market Index (HMI). In response to special questions on the May 2021 HMI survey, over 90 percent of builders who buy the product in question reported.

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Housing Market Marketing Construction 208

Sacramento Appraisal Blog

MAY 5, 2021

“Buyers are crazy!!! How can they be paying these prices?” That’s what we tend to hear from people who are NOT trying to buy a house right now. It seems like onlookers really don’t understand what it takes to get an offer accepted these days. But for anyone actually in the game, the truth is […].

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DW Slater Company

MAY 4, 2021

15 Years of Appraising. This month marks my 15th year of real estate appraising. I clearly remember how nervous I was to quit my teaching job and a steady paycheck to join my husband in his business. We would both be self-employed and with 7 kids that was going to be a challenge but I can say that I have never looked back. Now, don’t get me wrong, I miss my students and fellow teachers but working together with my husband has proven to be a wonderful thing.

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Midtown Appraisal Group

MAY 9, 2021

(Outside of a sale or purchase) Anyone who’s ever bought a piece of property – especially a residential home – involving a mortgage is probably familiar with the appraisal requirement: Very few banks or mortgage financing companies will lend money for home purchase without ensuring that a professional appraisal has been done. They need to […].

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Real Estate Appraisal Lending Finance 160

GoForrmz

MAY 5, 2021

Accelerate lien waiver distribution and processing with GoFormz The lien waiver process is a common burden for construction teams. For subcontractors, lien waivers need to be completed, reviewed, and signed each and every month on a project. General contractors, meanwhile, are responsible for distributing, tracking, and processing lien waivers, to ensure their operation is protected from a lien and that the subcontractor can receive their payment.

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Eyes on Housing

MAY 13, 2021

Prices paid for goods used in residential construction ex-energy rose 1.7% in April (not seasonally adjusted) and have increased 12.4% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019.

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Construction 205

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. This was a miss from estimates and the third straight month of declines in sales. I have been saying we should expect home sales to moderate since the end of summer 2020, and that is what we see in this report. This sales trend looks very normal to me.

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Housing Market Marketing Inventory Realtors 541

Urban

MAY 18, 2021

Between 2020 and 2040, homeownership trends will vary widely between states.

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DW Slater Company

MAY 11, 2021

Photo by BBH Singapore on Unsplash. No this hasn’t suddenly become a fashion blog. This is really for my fellow female appraisers. My apologies guys, some of this might apply to you, but I am really speaking to the gals. I am a part of several appraiser groups and one of my favorite Facebook groups is the I am a Female Real Estate Appraiser Groups.

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Midtown Appraisal Group

MAY 20, 2021

You don’t have to be an expert, but you should know the basics. I know what it’s like: Whether you’re buying or selling your home, especially in the current overheated market, the last thing you have time (or interest) for is a deep dive into real estate appraisals. At the same time, as a vendor […].

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Appraisal Real Estate Marketing 154

BiggerPockets

MAY 3, 2021

It’s been a rough couple of months for anyone looking for deals—particularly on the MLS. People just haven’t been selling their houses. It makes sense that inventory is low. With […].

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Housing Market Inventory Marketing Real Estate 97

Eyes on Housing

MAY 11, 2021

NAHB’s latest survey on consumer preferences – What Home Buyers Really Want – asked recent and prospective buyers about the desirability of an exercise room in the home. Results show that 47% of buyers rate an exercise room essential or desirable. The arrival of the COVID-19 pandemic in the spring of 2020 likely accelerated the long-term, rising popularity of exercise.

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Buyers 204

Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. Pending sales for the seven-day period ending May 16 were down 10% from four weeks prior, compared to an 8% increase during the same period in 2019.

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Housing Market Marketing New Listings Mortgage 540

San Jose Real Estate

MAY 8, 2021

How's the Mountain View real estate market? This is one of the very hottest areas within Silicon Valley and is home to a myriad of high tech companies and in a stone's throw of others. With a charming and walkable downtown, easy access to CalTrain and a vibrant atmosphere conducive to both work and play, it is no wonder that people relocating to the San Francisco Bay Area or Silicon Valley place Mountain View squarely in their target.

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Real Estate Marketing 80

Mashvisor

MAY 31, 2021

As the world continues to recover from the Coronavirus pandemic, StorageCafe has done a deep dive into the top destinations for renters in 2020, which respectively comprise the best US…

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Investing Investors Real Estate 74

Lamacchia Realty

MAY 13, 2021

PREPPING FOR A SUMMER SALE. The spring market still hasn’t returned to normal and shows some lingering effects from the pandemic, but the summer market is looking to be hot! Many buyers and sellers still chose to wait out the spring market until the summer, due to lack of inventory and fears they won’t find a home. This means that the summer market is predicted to be teeming with buyers and sellers who are ready to STRIKE!

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Real Estate Agent Decorating Sellers Buyers 73

BiggerPockets

MAY 5, 2021

If you want to be a successful landlord, your reputation is your greatest asset. Landlords with an excellent reputation attract better tenants and have fewer vacancies. Don't leave your online reputation to chance.

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Landlords Tenants Real Estate 83

Eyes on Housing

MAY 26, 2021

NAHB analysis of the most recent 2019 American Community Survey (ACS) data reveals that the median age of construction workers is 41, the same as a typical worker in the national labor force. While the residential construction has been adding jobs during the pandemic, access to skilled labor is still a business challenge in 2021. The median age of construction.

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Housing Wire

MAY 10, 2021

The key to the U.S. getting back on track economically is for its citizens to freely walk the earth again without the existential threat of COVID-19. The U.S. is getting closer and closer to meeting that goal, while other countries are still trying to control the virus. Before the successful vaccination program, I targeted Aug. 31, 2021, as the launching point for when we can fully achieve this, with the mindset that all jobs lost to COVID would be back online by September 2022 or earlier.

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Real Estate 539

San Jose Real Estate

MAY 8, 2021

The Blossom Valley area of San Jose is on the south end of the city and covers the 95123 and 95136 zip codes. For our MLS, it's "area 12". A more affordable section of Silicon Valley, Blossom Valley has much to offer in addition to more reasonable housing prices. Many areas enjoy views of the Santa Teresa Foothills or the Communications Hill knolls or even the coastal foothills in the distance, as with the photo below.

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Real Estate Marketing 74

Mashvisor

MAY 4, 2021

You already know that getting a good mortgage deal could be the difference between positive cash flow and negative cash flow when you’re looking to buy an investment property.

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Mortgage Investing Investors Finance 74

Mortgagebroker News

MAY 28, 2021

The country's top BDMs discuss their leading sales strategies, the changes they foresee for the industry, and the qualities they believe every BDM should have

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BiggerPockets

MAY 20, 2021

If you’re open to the idea but haven’t worked with Section 8 before, make sure you understand how the process works when buying a home with existing Section 8 tenants.

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Tenants Landlords Real Estate 83

Eyes on Housing

MAY 26, 2021

The historic climb for lumber prices, combined with delays and higher costs for other building materials, is a significant limiting factor for home building in 2021. Despite a historically low level of overall housing inventory and solid demand due to low mortgage interest rates and demographics, new construction has been unable to add additional needed supply to the market, resulting.

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Housing Wire

MAY 13, 2021

The average 30-year fixed rate mortgage managed another dip last week, falling two basis points to 2.94%, according to Freddie Mac ‘s PMMS. Since the most recent peak in April, mortgage rates have declined nearly a quarter of a percent and have remained under 3% for the past month. Despites last week’s rates mirroring closer to what was seen in February, Sam Khater, Freddie Mac’s chief economist isn’t convinced they will last. “The low mortgage rate environment has been a

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Mortgage Housing Market Marketing 520

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? That’s a question a good friend asked me after telling me that a home on the same street from them sold, in hours, for a much higher price than many other generally similar homes are selling for in the neighborhood. The buyers paid cash. I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore.

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Market Value Appraisal Buyers Marketing 418

Mashvisor

MAY 30, 2021

While many property sellers, buyers, and real estate professionals act professionally and keep the law for the most part, illegal real estate practices still occur every day.

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Real Estate Investors Law Sellers 74

Mortgagebroker News

MAY 31, 2021

There are lingering concerns on how e-money will work in tandem with the central bank’s current operations

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BiggerPockets

MAY 31, 2021

Dealing with property maintenance is challenging. Here, learn how to develop strategies to maintain rental properties and how technology can revolutionize maintenance request processing.

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Development Technology Landlords 79