Sat.Dec 04, 2021 - Fri.Dec 10, 2021

Will the housing market continue its hot streak in 2022?

Housing Wire

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down?

How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand.

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Is Appraisal Obsolete (The Process)?

George Dell

Process: Current appraisal practices are controlled by the quirks of each ‘valuation’ industry: appraisal by obsolete assumptions of data difficulty, AVM ‘automated’ models by industrial secrecy, and other non-appraiser products which are under-regulated or over-regulated — depending on original intent.

Breaking Barriers to Success

The Appraiser Coach

Are you getting in your own way? Are you limiting your own success because you don’t believe that it is possible to reach your goal? There is a way you. Read More.

Mortgage rates move slowly despite tightening market

Housing Wire

Mortgage rates decreased one basis point to 3.10% in the week ending Dec. 9, remaining low and stable despite tighter housing supply and affordability, according to the latest Freddie Mac PMMS mortgage report.

Tavant, LogRocket Enhance V?LOX Lending Platform’s Data and Analytics Capabilities

Appraisal Buzz

Tavant , a digital lending technology provider, is partnering with LogRocket , a data and analytics company, to enhance consumer lending experiences for American homebuyers. Tavant’s AI-powered consumer lending platform – V?LOX LOX – provides differentiated, customer-centric lending experiences.

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One in Four New Homes are Infills or Teardowns in Older Neighborhoods

Eyes on Housing

According to the latest Annual Builder Practices Survey (ABPS), one in four new single-family detached homes were built in established neighborhoods in 2020.

Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy.

Red Sky is Hiring Residential Staff Appraisers

Appraisal Buzz

At U.S. Bank, we’re passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country’s most respected, innovative and successful financial institutions.

States Want Appraisers to Play Ball

Appraiserblogs

“[The builder] filed a grievance against me… and threatened to file a grievance every time I or others appraised below purchase price.”

Strong Regional Growth Amid Lessened Suburban Shift: Q3 2021 HBGI

Eyes on Housing

The suburban shift for single-family home building, which was precipitated in large part by the onset of the COVID-19 pandemic last year continues.

Move over Fannie, the non-QM loan is in the fast lane

Housing Wire

In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan.

The Appraisal Process in Spain

Appraisal Buzz

In today’s Buzzcast, we dive into the appraisal process in Spain and what we can learn and take away from their methods. Today we have Joan Trice, Founder of Allterra Group, LLC., and Juan Fernandez Aceytuno of the Sociedad de Tasación.

ALOFT = “A Lack of Freaking Talent”

Appraiserblogs

When I read the announcement that Fifth Wall funded a relatively new startup called ALOFT, I and many of my peers were confused on what the value proposition actually is.

Construction Job Openings Surge

Eyes on Housing

The labor market continues to tighten, especially for the construction industry. The count of open construction jobs increased to 410,000 unfilled positions in October, the highest measure in the history of the data series (going back to late 2000).

How did the pandemic change the state of the appraisal market?

Housing Wire

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. To submit your company, go here.

The Week Ahead: How Will the Housing Market Exit 2021?

Appraisal Buzz

HUD and the Census Bureau are set to release their new residential construction data, a gauge of how the market will close out Q4 as the supply/demand struggle continues. The post The Week Ahead: How Will the Housing Market Exit 2021? appeared first on theMReport.com.

6 Things That Terrify Appraisers

JMV Lending

Here are a few things that really scare appraisers. Unusual Properties. Unusual properties include those with acreages, odd structures (e.g.

Inflation Surges in November

Eyes on Housing

In November, consumer prices increased by 6.8% from a year ago. It marks the largest year-over-year gain since June 1982. Supply-chain constraints and strong consumer demand related to the pandemic and the reopening of the economy have contributed to recent price increases in some sectors.

All-cash transactions under scrutiny of Biden administration

Housing Wire

The Biden administration announced on Monday that it is looking to expand reporting requirements on all-cash real estate transactions. The announcement came via a U.S. Treasury Department notice seeking public comment on this potential regulation.

Cloud-Based Solutions Lead the Way

Appraisal Buzz

Jennifer Henry of Equifax explains how cloud computing allows the mortgage ecosystem to exist in a more holistic and less segmented environment, providing a seamless digital experience. The post Cloud-Based Solutions Lead the Way appeared first on DSNews.

The Confusion Over How to Measure a Home

Hank Miller Team

Size matters. It matters because you live in that space, you pay for and tax on that space, and you maintain that space. One day, you’ll sell that space. Size matters so you better understand how it’s determined…because many in the real estate industry don’t.

Has 2021 Been a $2 Trillion Year?

Empire Appraisal Group

Has 2021 Been a $2 Trillion Year? The booming real estate market is on a pace to shatter records this year. The real estate data firm CoreLogic reports that the total value of residential real estate transactions in 2021’s second quarter topped $600 billion for the third time in the past year.

Cash-out refis are in high demand as equity levels skyrocket

Housing Wire

Record home price appreciation in recent years has pushed tappable home equity to new heights. According to a report published by data vendor Black Knight this week, the third quarter of 2021 saw a nearly $250 billion dollar increase in tappable equity—a record.

Active Forbearance Numbers Continue to Fall

Appraisal Buzz

Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans.

Racial Homeownership Rates Vary across the Most Commonly Cited Datasets. When and Why Should You Use Different Ones?

Urban

Without a common understanding of the differences between data sources, the size of the racial homeownership gap will be unclear, and we can’t begin closing it

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Commercial firm announces acquisitions

Valuation Review

BBG recently announced it acquired Tampa-based appraisal firm Trigg, Catlett & Associates. Terms of the deal were not disclosed. Read on for more details about this acquisition

Mortgage applications are up, on the strength of FHA refis

Housing Wire

Mortgage applications increased 2% for the week ending Dec. 3, driven by a surge in government refinancings according to the Mortgage Bankers Association (MBA) survey published on Wednesday.

McCalla Raymer Leibert Pierce Add New Partner

Appraisal Buzz

With more than 18 years of experience in the default servicing sector, Mark Rothfuss joins firm to head up the Ohio and Kentucky Foreclosure and Litigation Practice. The post McCalla Raymer Leibert Pierce Add New Partner appeared first on DSNews.

Kate Perrine Qualifies for President’s Club ELITE

Lamacchia Realty

We are thrilled to announce that Kate Perrine has officially qualified for the 2021 President’s Club ELITE. This is an outstanding achievement for any REALTOR® as qualifying requires achieving 50 completed transactions in one year.

Accurate Group announces acquisition

Valuation Review

Accurate Group recently announced the acquisition of eMerge Property Solutions, a market leader in supplying broker price opinions and other alternative valuation solutions.

Title insurance industry reports best quarter on record

Housing Wire

The American Land Title Association saw a 32.5% year-over-year increase in title insurance premium volume during the third quarter of 2021 according to ALTA’s Market Share Analysis , published on Thursday. During Q3 2021, the title insurance industry generated $6.8

Jumbo and Conventional Loans Easier to Obtain; Volatile Rates, But Next Week Could Be Worse

Appraisal Buzz

Access to jumbo mortgage credit continued to increase in November, but the Mortgage Bankers Association (MBA) says it is still down significantly from pre-pandemic levels. Overall access fell during the month according to MBA’s Mortgage Credit Availability Index (MCAI) which dipped by 0.6

How concerned is the Bank of Canada about inflation?

Mortgagebroker News

CIBC's Tal says a new COVID-19 variant likely weighed heavily on the BoC decision not to increase rates

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