Sacramento Appraisal Blog
JANUARY 16, 2023
How are appraisers handling concessions to the buyer? Could a seller credit damage the chance of appraising at the purchase contract? These questions weren’t asked a year ago, but welcome to the 2023 housing market.
Housing Wire
JANUARY 20, 2023
The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming mortgages.
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Cleveland Appraisal Blog
JANUARY 19, 2023
Have you heard of a property being overimproved, or super adequate? How about underimproved? Unless you’re in the property valuation profession, you may not have. What do these things indicate?
The Appraiser Coach
JANUARY 17, 2023
Years ago, I went on a nation-wide tour where I met with appraisers in several cities. We discussed what I do as an appraiser and business owner, and how they. Read More.
George Dell
JANUARY 18, 2023
Neighborhood” seems like an obvious choice for analysis. But is it? Part 5 of a series.) The knee-jerk reaction to this question is that obviously we need it. It is a starting core of analysis. It’s what we were taught. It’s required for our license test.
Housing Wire
JANUARY 16, 2023
Here’s the rundown for the last week: Purchase application data has stabilized — the bleeding stopped. Housing inventory increased by 1,339 homes nationwide. This is a small number but could be the start of an important trend.
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The Appraiser Coach
JANUARY 16, 2023
There are many different roles the we play as appraisers.
Riverfront Appraisals
JANUARY 18, 2023
This blog post is brought to you by the Guide To Appraisals series of e-books.
Housing Wire
JANUARY 20, 2023
On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a peak of around 6.5
Eyes on Housing
JANUARY 17, 2023
Over the first eleven months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 921,626. On a year-over-year (YoY) basis, this is 10.5% below the November 2021 level of 1,029,208.
Appraiserblogs
JANUARY 19, 2023
All this will do is CREATE BIAS… How does one stay unbiased if they repeatedly get sued or raked over the coals every time they do an honest, true appraisal that does not meet the expectation of untrained members of the general public… Does bias exist? Of course. Does it exist in appraising?
Inman
JANUARY 20, 2023
Inflation and rising interest rates tilted the housing market off its axis in 2022. Here's the story of one woman who joined the ranks of real estate agents last year — and thrived amid the chaos. Agent Agent Appreciation Month coronavirus pandemic new agent re/max Theme-month-202301 Viyaleta Kacha
Housing Wire
JANUARY 18, 2023
Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start growing the business again.
Eyes on Housing
JANUARY 18, 2023
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material supply chain disruptions and challenging affordability conditions.
Appraiserblogs
JANUARY 18, 2023
Folks, I was in a USPAP class last Friday, during the day I was sent the tribute message below from another appraiser who knew Bill King very well, and who has been in touch with Bill’s wife. I’ve been looking for the obit.
Inman
JANUARY 20, 2023
In what could be described as the most significant proptech acquisition since Zillow purchased ShowingTime, the resulting company will boast 700 employees and a massive range of customers.
Housing Wire
JANUARY 19, 2023
After years of historic growth, the housing market is beginning to normalize. Home prices nationwide fell between August and September, marking the first time prices have declined for three consecutive months in nearly four years, according to the Case-Shiller National Home Price Index.
Eyes on Housing
JANUARY 20, 2023
As elevated mortgage rates and tight inventory continue to weaken housing demand, the volume of existing home sales declined for an eleventh consecutive month as of December, according to the National Association of Realtors (NAR). This is the longest run of declines since 1999.
McKissock
JANUARY 19, 2023
On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. According to the announcement, the revisions included “enhancements and revisions to existing guidelines and various technical edits.”
Inman
JANUARY 17, 2023
In advance of his appearance at Inman Connect New York on Jan. 24-26, the franchisor's chief technology and digital officer told Inman what agents are asking for since the market changed.
Housing Wire
JANUARY 19, 2023
The Census Bureau ‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders get rid of their excess supply.
Eyes on Housing
JANUARY 19, 2023
Led by a decline in multifamily production, overall housing starts decreased 1.4% to a seasonally adjusted annual rate of 1.38 million units in December, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Appraiserblogs
JANUARY 17, 2023
At a recent event at the Brookings Institute, HUD Secretary Marcia L. Fudge announced that HUD is creating a ROV process for people seeking FHA financing to request a review of their appraisal if they believe the results may have been skewed by racial bias.
Inman
JANUARY 17, 2023
Opendoor faces a fight for survival after "an abrupt strategy pivot" sent Opendoor into 2023 "without a proven business model." Here are the five biggest challenges facing the king of a troubled business model.
Housing Wire
JANUARY 19, 2023
When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. Shocked employees didn’t receive their last paychecks.
Eyes on Housing
JANUARY 19, 2023
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter of 2022 posted a reading of 66, falling 17 points from the fourth quarter of 2021.
GoForrmz
JANUARY 19, 2023
Capture legally binding electronic signatures within your digital forms. In an all-digital world, meeting the data security and compliance requirements with your workplace documents is a minimum expectation of your clients.
Inman
JANUARY 19, 2023
Founded in 2018, the team's career sales volume exceeds $300 million, and in 2022, the team was ranked one of the top in New York State by RealTrends.
Housing Wire
JANUARY 17, 2023
The mortgage servicing rights (MSR) market has opened 2023 with a healthy volume of capital committed to purchasing the assets along with multiple sellers primed for deals — as evidenced by the $60 billion to $65 billion in MSR portfolio offerings currently out for bid, market experts say.
Hank Miller Team
JANUARY 16, 2023
As 2023 opens, the economic hangover due to the free spending and pandemic handouts continue. One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result.
GoForrmz
JANUARY 17, 2023
Audit season is here, is your business ready? Audits are just another part of running a business - though they’re seldom the most pleasant. Whether it’s an audit from a government or industry authority, or just your own internal team conducting a process audit, they can be intimidating.
Inman
JANUARY 19, 2023
Whether you’re going all in on video in 2023 or creating your first, these 23 video content ideas from Jimmy Burgess will get you in front of more potential clients, position you as the local expert and get your creative juices flowing.
Housing Wire
JANUARY 18, 2023
Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled.
McKissock
JANUARY 17, 2023
On Wednesday, February 15, 2023, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2023 Q1 Update.” Participate in this Q&A session with David Bunton, President of The Appraisal Foundation.
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