Sacramento Appraisal Blog
MAY 11, 2022
The housing market has shifted over the past month. That’s what the stats are showing, and it’s what we’re hearing from the trenches. Today I want to highlight what’s been happening in Sacramento, and unpack what I mean by “shift” too since this word can be sensationalized. If you’re not local, what are you seeing […].
Housing Wire
MAY 9, 2022
Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko. Over the weekend, I tweeted several charts, showing people the big divergence between home price growth and real disposable income in the two countries.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Buzz
MAY 2, 2022
The housing market has experienced a turbulent few years, so what can industry experts expect in the future? You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information. These are a few ways it will affect real estate in the coming months. 1. Construction Sites Will Stay on Schedule. Federal plans can move slowly, but that doesn’t mean ?
The Appraiser Coach
MAY 31, 2022
Have you ever walked into a house and thought, what room did I just walk into? Identifying and analyzing rooms will make a big difference for your customers and for. Read More.
Eyes on Housing
MAY 20, 2022
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.
Appraiserblogs
MAY 20, 2022
VA Fee Panel – The Appraisal Institute does not believe that a move to a lender select program, such as those found in the conventional or FHA mortgage markets, would improve timeliness, nor would it be in the best interests of veterans. On May 18, the Subcommittee on Economic Opportunity held a legislative hearing on the Discussion Draft of H.R. 7735, Improving Access to the VA Home Loan Act of 2022.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 19, 2022
The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up.
Appraisal Buzz
MAY 25, 2022
HOUSTON, TX (May 25, 2022) – Before opening its doors in January of 2020, Accurity Consolidated laid out very specific goals to create a large wave of revival in the appraisal industry. Educating new appraisers to freshen the industry with speed and innovation was near the top of the company’s to-do list, and Accurity is proud to announce talented appraisers in training have been reaching certification at a rapid pace – ready to do their part in the movement unfolding in the realm of real estate
The Robert Weiler Company
MAY 18, 2022
When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Before listing and showing your property, there is a wide range of tasks that can, and should, be undertaken to increase the chances of a sale and boost the potential ROI. A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent.
Eyes on Housing
MAY 12, 2022
According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 0.5% in April, following upwardly revised increases of 1.9% and 2.4% in March and February, respectively. This adds up to an 4.9% increase in building materials prices since the start.
JMV Lending
MAY 18, 2022
This is another reminder that condos are not distinguishable from PUDs (Planned Unit Development units) by appearance alone. Attached side-by-side two-story units that all touch the ground can be zoned “CONDO” or “PUD.” Complexes with units that “float” (that do not touch the ground) will almost always be zoned condo (PUDs must touch the ground). The post Condo vs.
Sacramento Appraisal Blog
MAY 31, 2022
The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold. Yet there is no mistaking a different […].
Housing Wire
MAY 24, 2022
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in. Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process.
Appraisal Buzz
MAY 25, 2022
[link]. Today’s Buzzcast interview is with Cristy Conolly, EVP of Valuation Modernization at Class Valuation. We sat down with Cristy and Joan Trice, Founder of Allterra Group, LLC, to discuss what’s currently happening in the appraisal industry and what we can expect in the future. What can we expect in the coming years for the appraisal industry? What are the current market trends?
GoForrmz
MAY 5, 2022
Digitize and automate your small business processes to save incredible amounts of time and money Time, money, and innovation – small businesses require all three. Yet, repetitive and tedious tasks make the prioritization of these critical needs nearly impossible. That’s why it’s essential to look for techniques, systems, and tools that help cut the busywork.
Eyes on Housing
MAY 25, 2022
An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. According to first quarter 2022 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area inched down to 2,310 square feet. Average (mean) square footage for new.
McKissock
MAY 13, 2022
How do you stay up-to-date on the latest appraisal news and trends? Podcasts are a great source of industry information and insights. They’re also entertaining and super convenient since you can stream them during your morning commute or while you’re driving to appraisal appointments. Whether you listen in your car or at your desk, here are seven excellent appraisal podcasts to check out. 1.
Sacramento Appraisal Blog
MAY 2, 2022
What are prices doing? That’s always the question, and I get it. But there are bigger fish to fry to understand what the housing market is doing. A shift: Over the past few weeks there has been a shift in demand, which is why this conversation is so important. This isn’t about doom and gloom. […].
Housing Wire
MAY 19, 2022
Purchase mortgage rates this week averaged 5.25%, down five basis points from a week ago , as some individuals put the American homeownership dream on standby due to higher rates and surging home prices, according to the latest Freddie Mac PMMS. This time a year ago, the 30-year fixed-rate purchase rates were at 3%, the report shows. The government-sponsored enterprise (GSE) index accounts for just purchase mortgages reported by lenders during the past three days.
Appraisal Buzz
MAY 16, 2022
In today’s Buzzcast, the Allterra Group gives you all of the details for the upcoming conference -Valuation Expo! Valuation Expo will be hosted at the Mirage Hotel, September 7-9! Save 50% ($450) on your General Session Pass when you become an Appraisal Buzz Premium Plus Member by May 18th! Check out all of the new sessions with leaders in the industry, earn your CE, renew your USPAP , and network with hundreds of attendees all while exploring all that Vegas has to offer!
GoForrmz
MAY 3, 2022
Discover how small businesses are leveraging digital form features to save time, be more efficient, and elevate productivity GoFormz offers a flexible and affordable solution to traditional documentation and information collection. Thousands of small businesses leverage GoFormz to digitize their documents and data capture, improving organization and business management while reducing operational costs in the process.
Eyes on Housing
MAY 27, 2022
As National Home Remodeling Month draws to close, Eye on Housing reports on the most common projects undertaken by NAHB Remodelers during the previous calendar year—in this case, 2021. The results come from a special question included in the first quarter 2022 survey for the NAHB/Westlake Royal Remodeling Market Index (RMI). At the top of the list, 81 percent of.
BiggerPockets
MAY 16, 2022
The year was 1999. An exclusive group of multi-billionaires gathered in Sun Valley, Idaho, just like they do every year. As usual, no reporters were allowed within miles of their […].
Sacramento Appraisal Blog
MAY 23, 2022
The housing market has been changing these past couple of months. As I’ve been saying, it isn’t cold, but the temperature is surely different. Anyway, let’s talk about two things to watch in months ahead – price deceleration and days on market. Any thoughts? This post feels a bit nerdy or heady, but this stuff […].
Housing Wire
MAY 25, 2022
The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. As a result, there are a growing number of tech-driven companies racing to meet the growing demand.
Appraisal Buzz
MAY 4, 2022
[link]. Today’s Buzzcast interview is with Steve Sanders, Owner of Appraisal Source. We sat down with Steve and Jim Morrison, VP of Marketing and Sales for Allterra Group, to discuss his famous Appraisal Buzztoons. What is your background in the appraisal industry? Where can appraisers check out your Buzztoons? These questions and much more will be answered between Steve and Jim as they dive into this subject.
Mashvisor
MAY 31, 2022
Property investments are not restricted to the standard buy-to-let design, and some may ask if furnished apartments are suitable for investors. Table of Contents What Are Furnished Apartments?
Eyes on Housing
MAY 10, 2022
In the first quarter of 2022, the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices showed a significant net share of banks reporting more relaxed lending standards and weaker demand for most categories of residential real estate (RRE) loans. “Significant” net shares of banks reported weaker demand for all RRE loan categories other than subprime.
Assurance Financial
MAY 10, 2022
Every year, your family enjoys a getaway in the mountains, at the beach or in a cabin in the woods. And, every year, you wonder if it’s finally time to buy a vacation property. If you already have a primary residence, purchasing a second home can be an excellent investment. You have a guaranteed vacation spot each year and can rent the house out to bring in some extra income.
Eppraisal
MAY 31, 2022
Nowadays home buyers want to purchase homes that are updated. Updated homes will garner higher home values. Among the key updates important to today's buyers are exterior and interior paint colors. Buyers are often more attracted to homes with exterior and interior paint colors that are trending versus paint colors of yesteryear. Curb Appeal and First Impression When buyers arrive at a home they are going to tour, they notice the curb appeal immediately.
Housing Wire
MAY 12, 2022
Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home price appreciation widens the gap between what someone owes on their mortgage and the value of their house.
Mortgagebroker News
MAY 25, 2022
"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown"
Mashvisor
MAY 13, 2022
Many real estate investors looking to diversify their investment portfolios are asking themselves, “Should I invest in condos near me in 2022?” Table of Contents What Is a Condo?
Eyes on Housing
MAY 2, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1% in March after an increase of 0.7% in February. Spending stood at a seasonally adjusted annual rate of $882 billion. Total private residential construction spending was 18.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending on.
Expert insights. Personalized for you.
530 
Let's personalize your content