Sat.Jun 04, 2022 - Fri.Jun 10, 2022

Buyers gaining power & farewell real estate honeymoon

Sacramento Appraisal Blog

Sellers haven’t had to negotiate much with buyers over the past two years, but that’s starting to change. Let’s talk about this today by looking at seller concessions (credits for repairs, help with closing costs, etc…). I hope you enjoy, whether you’re local or not.

Buyers 314

6 Excel Training Resources for Real Estate Appraisers (Free for Members)

Appraisal Buzz

The use of Microsoft Excel is widespread in the appraisal industry. In a recent survey, Excel was among the top four software tools on which appraisers said they’d like additional training. Are you looking for new and better ways to leverage Excel tools in your appraisal business?


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Part 0: How Do We Fix the Excess of Appraisers?

George Dell

How can we fix the excess of appraisers? Easy — we do what we have always done, each time. 1) We will raise the standards (“cost of entry”). 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue […].

Are home prices about to fall?

Housing Wire

We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall?

How to Create Your Dream Home Office Without Breaking the Bank

Cleveland Appraisal Blog

Hidy Ho friend! I hope you’re enjoying a little bit of the great outdoors! This week I will be traveling to Columbus for the annual Ohio Coalition of Appraisal Professionals summer seminar. I’m looking forward to a little networking and catching up with my appraisal friends.

Mortgage Application Volume Falls to 22-Year Low

Appraisal Buzz

The MBA reports overall mortgage app volume slid 6.5% week-over-week, with buyers continuing to be shunned by a combo of high rates and prices, amid slowly rising inventory. The post Mortgage Application Volume Falls to 22-Year Low appeared first on The post Mortgage Application Volume Falls to 22-Year Low appeared first on Appraisal Buzz. Around The Web

More Trending

Home equity skyrocketed during the first quarter of 2022

Housing Wire

A recently published CoreLogic report found homeowners with mortgages in the first quarter of 2022 saw their equity grow by 32.2% year-over-year. According to the data vendor, the collective equity gain was $3.8 trillion in the first quarter, or an average gain of $63,600 per borrower.

How a Home Purchase Boosts Consumer Spending

Eyes on Housing

Using the Consumer Expenditure Survey (CES) data from the Bureau of Labor Statistics (BLS), NAHB Economics estimates that a home purchase triggers significant spending on appliances, furnishings, and remodeling.

Buyers 161

Mortgage Rates on the Rise, But Relief on the Horizon

Appraisal Buzz

Freddie Mac reports that a decline in purchase activity, combined with increased inventory, will slow home price growth nationwide, and give way to much needed relief for prospective buyers. The post Mortgage Rates on the Rise, But Relief on the Horizon appeared first on The post Mortgage Rates on the Rise, But Relief on the Horizon appeared first on Appraisal Buzz. Around The Web

The Wylie Ax Murder House- Does Murder Impact the Value of Real Estate? 

DW Slater Company

via GIPHY. On June 13, 1980, I was just a young soon-to-be 6th grader living near the Houston, TX area. I did not hear about Candy Montgomery. Thankfully, I was unaware of how Candy came over to Beth Gore’s house on Friday the 13th and murdered her with 41 blows from an ax.

Investors from 3 Asian nations have heartiest appetite for U.S. MBS

Housing Wire

The Federal Reserve ’s (Fed) efforts to beat back inflation with its monetary tools have already shifted the winds in the secondary market for mortgage-backed securities (MBS). The Fed’s continuing effort to wind down its $2.7

The Aging Housing Stock

Eyes on Housing

The median age of owner-occupied homes is 39 years, according to the latest data from the 2019 American Community Survey. Compared to a median age of 31 years in 2005, the U.S. owner-occupied housing stock is aging gradually.

Don’t Start Driving until You Know Where You’re Going

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Now is your last time to sign up to receive the Appraisal Buzz Magazine for free from the Appraisal Buzz Premium Membership ! It’s easier than you think to miss the basics.

Fifth Third completes acquisition

Valuation Review

Fifth Third Bancorp recently completed its acquisition of Dividend Finance, a fintech point-of-sale lender. The bank said the acquisition provides financing solutions for residential renewable energy and sustainability-focused home improvement

Housing inventory is still at a crisis level

Housing Wire

Blink and you’ll miss your dream home. So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low.

Inflation Hits a Fresh 40-Year High in May

Eyes on Housing

Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.


Guide to Basic Website Optimization for Appraisers

Appraisal Buzz

Optimizing your real estate appraisal website to improve your Google search ranking is a great way to bring in more clients and increase your earnings. When it comes to generating new business, having a strong online presence and being easy to find online are key.

Fannie Mae: Housing Crisis Will Last a Decade

Empire Appraisal Group

Fannie Mae: Housing Crisis Will Last a Decade. ‘ Recession or not, the U.S. doesn’t have enough entry-level homes for everyone who needs one, and it will take at least 10 years for supply to catch up with demand.

Frank Nothaft, economist with “inimitable style,” has died

Housing Wire

Frank Nothaft, chief economist at CoreLogic and before that, the top economist at Freddie Mac , has died. He was 66. At CoreLogic, Nothaft headed the office of the economist, providing analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets.

Large Metro Suburban Single-family Construction Slows

Eyes on Housing

Recent developments in the first quarter of 2022 per NAHB’s Home Building Geography Index (HBGI), indicate single-family home building slowing in suburbs, with most other regional geographies following suit. Following the aftermath of COVID-19, home buyer preferences for the suburbs have eased.

Mortgage Credit Supply Slides for Third Straight Month

Appraisal Buzz

As lending standards continue to tighten, mortgage credit supply fell to its lowest level since last July, according to the Mortgage Bankers Association. The post Mortgage Credit Supply Slides for Third Straight Month appeared first on The post Mortgage Credit Supply Slides for Third Straight Month appeared first on Appraisal Buzz. Around The Web

Delegating and spending time wisely

Valuation Review

Dustin Harris, “The Appraiser Coach,” addresses two areas appraisers should take note of regarding delegating authority and time investment. Harris discusses hiring the right people and what should be the appraiser’s overall mindset for establishing one’s business. Read on for more appraisal advice

Industry supports FHA’s 40-year loan term option — with caveats

Housing Wire

The deadline for the mortgage industry to chime in on the Federal Housing Administration ‘s (FHA) proposed 40-year loan modification rule was at the end of May. While four prominent trade groups voiced support, they also proposed some tweaks.

High Rates Suppress Refinancing

Eyes on Housing

Per the Mortgage Bankers Association (MBA), through the week ending June 3, total mortgage activity decreased, with the 30-year fixed-rate mortgage (FRM) rate increasing to 5.45%, on average. The latest week’s rate increased to 5.4%, after 3 consecutive weeks of declines, each by a few basis points.

Homebot Integrates Total Expert Platform for Mortgage Lender Relationships

Appraisal Buzz

Homebot has integrated with Total Expert , a CRM and customer engagement platform for financial institutions. The integration automates client list management, allowing mortgage lenders to streamline the delivery of Homebot digests and develop customer relationships right away. “With the mortgage market rapidly changing, the consumer experience is more important than ever,” says Charlie Pratt, CEO of Homebot.

Veteran appraiser discusses new role, industry challenges

Valuation Review

Valuation Review recently spoke with George Paquette, formerly of CoreLogic, and now chief appraiser with SettlementOne. Paquette discussed his new assignment and what he sees on the horizon for the appraisal profession. Read on for more of our conversation with the chief appraiser

These mortgage lenders have cut jobs in 2022

Housing Wire

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. And it’s likely to continue – executives are calling this one of the most challenging periods in memory.

Property Data Reports for Appraisal Waivers

Appraisers Blog

These Property Data Reports have a higher level or different reporting requirements than ordinary traditional appraisals.

EarnUp Expands Mortgage Solutions Leadership Team with Four Additions

Appraisal Buzz

EarnUp , a fintech company offering intelligent payment and data solutions for the mortgage industry, has expanded its executive team. Michelle Scanlon is on board as chief people officer, Aileen Casanave as general counsel, Brad Woodcox as vice president of strategy and operations, and Johnathan Flowers as head of marketing. Michelle, Aileen, Brad and Johnathan bring with them decades of experience and their expertise will bolster our executive team as we drive the company’s next.

CEO shares more thoughts on the market, mortgage demands

Valuation Review

Valuation Review caught up with Yatin Karnik, founder and CEO of mortgage comparison site Confer, Inc., to gain additional marketing insights and how these will affect appraisers.

Mortgage apps decline 6.5% to 22-year low

Housing Wire

Mortgage application volume for the week ending June 3 dropped 6.5%, sliding to the lowest level in 22 years, driven by weakness in purchase and refinance applications.

Top 10 Real Estate Markets To Watch in 2022


COVID-19 has shaken the norms of homeownership and market expectations across the United States throughout the pandemic.

Motto Mortgage/wemlo Hire New Product & Strategy Talent

Appraisal Buzz

Motto Mortgage, a national mortgage brokerage franchise in the U.S., and wemlo, a third-party mortgage processing solution with an all-in-one digital platform, announced it has appointed industry veteran, Chris Erickson, as VP of Product & Strategy for both brands. Erickson brings nearly two decades of experience in the financial services industry, previously serving as VP of … The post Motto Mortgage/wemlo Hire New Product & Strategy Talent appeared first on

ASA executive outlines appraiser credentials

Valuation Review

Valuation Review caught up with American Society of Appraisers CEO Johnnie White, who shared insights from his recent article “Qualifications Matter.” White discussed the importance of value, and other qualifications/ characteristics of the appraiser. Read on for more thoughts from the ASA executiv