Sat.Aug 20, 2022 - Fri.Aug 26, 2022

Appraisers Need a Succession Plan

Appraisal Buzz

[link]. Today’s Buzzcast interview is with Anthony Blackburn, CEO of Apple Appraisals. We sat down with Tony and Joan Trice, Founder of Allterra Group, LLC, to discuss how appraisers can be proactive in organizing how their businesses would run without them in the future.

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Opendoor is struggling in Sacramento

Sacramento Appraisal Blog

Opendoor has been losing big lately in Sacramento since the market shifted. I thought it would be interesting to take a look at their activity over the past few months since I’m getting so many questions about them. This is not about throwing shade, and I’m not writing as a fanboy either.

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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? I welcome back guest blogger and Author, Jessica Brody, who shares some tips with us on how to do so. Enjoy!

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Movement Mortgage acquires brokerage Superior Rate

Housing Wire

South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The terms of the deal were not disclosed.

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Handling Non-Linear Market Changes

Appraisal Buzz

This year has felt like riding a roller coaster…in the dark…facing backwards. Some of the changes are probably specific to my market, but others will be familiar to most of you. The shifts in supply and demand have been rapid and not always easy to predict.

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Is Truth a Credible Edible?

George Dell

Truth can be hard to swallow! I find their ‘truth’ not credible. Not believable. Well, for one thing. One important thing. That belief conflicts with MY belief. Clearly, my beliefs are better than theirs! Anybody can see that. At least they should see that. How can they be so stupid?

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More Trending

Fannie Mae sees dark days ahead for the housing market

Housing Wire

It will get worse for the housing market – and mortgage industry – before it gets better. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week.

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How Much Time Do Appraisers Spend in the Office vs. the Car?

Appraisal Buzz

While a small number of real estate appraisers (e.g., review appraisers) may spend their entire workday in an office sitting at a computer, most split their time between the office and the field. Are you a new or prospective appraiser curious about what your workday might look like?

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New Home Sales Plummet in July

Eyes on Housing

New home sales in July fell to their lowest level since January 2016 as the industry grapples with supply chain disruptions that are delaying new home building projects and raising housing costs as mortgage interest rates increased. The U.S. Department of Housing and Urban Development and the U.S.

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Appraisal Institute's 2022 Annual Conference Las Vegas, Nevada Recap

Valcre

Valcre has been a proud supporter of the Appraisal Institute Annual Conference since our inception in 2017, but this year’s conference was extra special for a number of reasons

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Silver lining in cooled down housing market is homebuyer affordability ?

Housing Wire

Real estate and mortgage professionals are lamenting the slowdown in the housing market caused largely by inflation and economic uncertainty. But there is one benefit – some buyers are catching a (relative) break.

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DocMagic Earns Back-to-Back Spot on Inc. 5000 List

Appraisal Buzz

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that it has again made Inc. 5000’s list of fastest-growing private companies for 2022. Companies on this year’s Inc.

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Share of Non-Conventional Financing Down in 2021

Eyes on Housing

NAHB analysis of the 2021 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 28.8% of the market, while conventional financing dominated the market at 71.2%.

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Appraiser Miller Wins

Appraisers Blog

Appraiser Miller wins important claim in racial discrimination lawsuit. Judge ruled Plaintiffs did not rely on Miller’s appraisal. The other claims continue but this was an important claim. It also shows the Plaintiffs lied to the Court.

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Real estate startup Reali to shut down

Housing Wire

California real estate startup Reali is shutting down, with plans to lay off most of its employees on Sept. The firm is the latest to fall victim to rising mortgage rates and a drop in home sales. .

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Mortgage Credit Availability Projected to Rise Due to Weakening Demand

Appraisal Buzz

As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability.

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Jump for Multifamily Rental Development

Eyes on Housing

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts surged during the second quarter of 2022. At 142,000 units started, this was the largest quarter for rental multifamily construction since the second quarter of 1986.

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3 Ways to Incorporate Technology Into Your Student Housing

GoForrmz

Upgrade your student housing with the latest technology Student housing has always been a complex topic, and recent years have posed even newer challenges to shared living spaces on campus.

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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

Homepoint is in a tough spot. Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market.

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Analysis: Stress and Regrets of New Homeowners

Appraisal Buzz

The newest national survey of new homeowners commissioned by U.S

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Employment Situation in July: State-Level Analysis

Eyes on Housing

Nonfarm payroll employment increased in 46 states and the District of Columbia in July compared to the previous month while four states lost jobs.

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Rising mortgage rates means lower expectations for sellers

Empire Appraisal Group

Rising mortgage rates means lower expectations for sellers. By LESLIE SARGENT ESKILDSEN | leslie@leslieeskildsen.com | Orange County Register. Source: Rising mortgage rates means lower expectations for sellers – Orange County Register (ocregister.com).

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Blend releases new home equity software solution

Housing Wire

Mortgage tech firm Blend launched a software solution for home equity products amid a mad dash from lenders into the space.

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Buyers Endure Significant Stress While Acquiring a Home

Appraisal Buzz

The newest national survey of new homeowners commissioned by U.S

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Slight Uptick for Missing Middle?

Eyes on Housing

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties.

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5 Best Digital Forms for Campus Maintenance

GoForrmz

The best digital forms that will get the job done Campus maintenance takes 24/7 effort and attention. No college or university can operate effectively if the grounds are not providing the right environment.

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How will Biden’s student loan relief affect homeownership?

Housing Wire

How will President Biden’s executive action to erase $10,000 in federal student loan debt affect homeownership? While industry watchers don’t expect the debt forgiveness to move the needle in a significant way, it could have a net positive impact on homeownership long term.

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Overcoming Today’s Affordability Hurdles 

Appraisal Buzz

Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers. . The post Overcoming Today’s Affordability Hurdles appeared first on theMReport.com.

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AI president speaks to appraiser recruitment, more misconceptions

Valuation Review

Valuation Review concludes its interview with Appraisal Institute (AI) President Jody Bishop from the AI conference recently held in Las Vegas. Bishop pointed out more areas where appraising can flourish in 2022, including what PAREA can bring. Read on for the conclusion of this feature story

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How to Improve Student Involvement at Your University

GoForrmz

Set up your students for success by introducing tech into co-curricular experiences Involvement in college matters and what students do during their college tenure helps set them apart from their classmates as they embark on their next stage of life – the real world!

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Homepoint cuts rates by 75 bps for low-income borrowers

Housing Wire

Homepoint has launched a new program to reduce rates for borrowers with lower income, the wholesale lender announced Wednesday.

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The Week Ahead: Servicers Leveraging Digital Solutions

Appraisal Buzz

An upcoming Five Star Institute webinar will discuss the industry’s usage of a national digital signing platform, as the nation’s mortgage servicers continue to push the digital envelope. The post The Week Ahead: Servicers Leveraging Digital Solutions appeared first on DSNews.

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Chief appraiser discusses apprentice program, short and long-term rentals

Valuation Review

Valuation Review caught up with Julie Friess, chief appraiser of Sedona Appraisal Research Associates, for an in-depth look at her company’s apprentice camp. Friess also outlined specifics surrounding what appraisers and others may not know about short and long-term property rentals.

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7 Ways to Get Rid of Mold in your Home

Raleigh Realty

Mold Remediation Tips and Tricks Here are seven areas of your home where you can find the mold and some tips and tricks for getting rid of it Mold. What is it? How do you get rid of it, and why is it essential to do so?

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