Sacramento Appraisal Blog

APRIL 19, 2023

The housing market has really started to heat up lately, and today I want to talk about how I’m thinking about prices right now. I also have some thoughts about checking the “declining” box. Scroll by topic or digest slowly. UPCOMING (PUBLIC) SPEAKING GIGS: 5/4/23 Housing Market Q&A 12-2pm 5/10/23 Empire Home Loans event TBA 5/18/23 SAFE […] The post Rising spring prices and appraisers checking the “declining” box first appeared on Sacramento Appraisal Blog | Real Est

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Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Purchase application data rose again, with more positive than negative data in 2023. Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number.

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Cleveland Appraisal Blog

APRIL 19, 2023

Hello friends! I hope you’re doing well! Are you staging a home, or just looking to freshen up your place? This week I welcome back guest blogger Ashley Rodriguez, with bins4less , who wrote this article for me to share with you. She shares some things to think about regarding traditional wall art. I hope you enjoy this article! Decorating your living room with traditional wall art is a great way to infuse some personality and character into your home.

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The Appraiser Coach

APRIL 18, 2023

Today I want to share a principle that I am very passionate about; this principle drives everything that I do! The principle is that people thrive when they love what.

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Inman

APRIL 18, 2023

In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.

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Technology 218

Housing Wire

APRIL 20, 2023

We only have 2.6 months’ worth of housing inventory in the U.S. after coming off the single biggest home-sales crash year in history. That is where we are today in America. As expected, existing home sales fell from February to March since the previous month’s report was intense. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 million.

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Inventory Housing Market Mortgage Marketing 529

Eyes on Housing

APRIL 21, 2023

In 2022, Florida had the highest population growth rate of any state at 1.9% and the second largest nominal growth in population at 416,754. Florida’s population was at 22,244,823 as of July 1st, 2022, the third largest state population in the U.S. The population of Florida has not experienced a decline since 1946. Because of continual high population growth, the.

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Marketing 154

Inman

APRIL 20, 2023

Inman assembled a list of technology companies for customizing a tech-stack, specific to those brokers who look for flexibility, best-of-breed options and quicker roll-out.

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Housing Wire

APRIL 18, 2023

What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a temporary fix. Housing inflation post-2020 was one for the record books, not only because home prices accelerated in such a short time, but more importantly for the inflation data, rents took off, something that didn’t happen during the housing bubble years.

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Appraiserblogs

APRIL 19, 2023

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. The act specifically states that only a casual or drive-by inspection can be performed when it comes to consumer loans secured by real estate, and no opinion can be rend

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Eyes on Housing

APRIL 19, 2023

Findings from a recent national poll* that reveal 30% of American adults typically work from home at least two days a week could offer clues to the long-term financial health and value of commercial office space in the United States. How this share evolves over time, whether it drops due to employers tightening work-from-home policies or it grows due to.

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Inman

APRIL 20, 2023

A teenager was shot for knocking on the wrong door. Telling your agents to door-knock for new business is dated advice, and it could be deadly. In a world where gun violence is in our headlines daily, it’s time to stop door-knocking.

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Housing Wire

APRIL 19, 2023

The National Association of Mortgage Brokers (NAMB), an association representing the interests of individual mortgage loan originators and small to midsize mortgage businesses, is welcoming the introduction of a bill that would end the sale of trigger leads. The bill, H.R. 2656, was introduced by Representative Richie Torres of New York on April 17, and would amend the Fair Credit Reporting Act to prohibit the creation and sale of trigger leads — which the association has been urging Congress to

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Appraiserblogs

APRIL 21, 2023

It is disheartening to think that those of us who have worked hard to maintain good credit scores will now be penalized with higher mortgage rates and fees, just so the government can subsidize people with riskier credit ratings. It’s no surprise that the Federal Housing Finance Agency’s (FHFA) new rule forcing homebuyers with good credit scores to pay higher mortgage rates and fees is causing a stir.

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Eyes on Housing

APRIL 18, 2023

Single-family production showed signs of a gradual upturn in March as stabilizing mortgage rates and limited existing inventory helped to offset stubbornly high construction costs, building labor shortages and tightening credit conditions. This is reflected in the slight uptick in builder sentiment in April. Overall housing starts in March decreased 0.8% to a seasonally adjusted annual rate of 1.

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Inman

APRIL 21, 2023

Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.

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Construction Marketing Technology 154

Housing Wire

APRIL 21, 2023

It’s been delayed, but that’s not enough for the mortgage industry. In a blog post published Thursday, Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit made the case that the Federal Housing Finance Agency ‘s (FHFA) loan level price adjustments (LLPA) related to a mortgage borrower’s debt-to-income (DTI) ratio is unworkable and should be scrapped entirely.

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Riverfront Appraisals

APRIL 20, 2023

This blog is dedicated to the countless homeowners who, as we’re finishing up with the appraisal inspection, ask “well, is there anything I can do to increase the value of my home?” Realtors, you’ll also benefit from this post because I’m sure you get asked that all the time as well! You go to list […] The post FAQ #16: What Can I Do To Increase My Home’s Market Value?

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Market Value Appraisal Realtors Inspection 116

Eyes on Housing

APRIL 18, 2023

According to the latest Employment Situation of Veterans report released by the U.S. Bureau of Labor Statistics, the share of employed veterans working in the construction industry increased to 6.5% in 2022–the second consecutive annual increase. The share has climbed 0.6 percentage point since 2020 and is just one-tenth lower than the most recent peak reached in 2019.

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Inman

APRIL 17, 2023

I’ve learned that the desire for proximity to water never wanes — whether that’s an ocean or lake, a hot tub, or pool. As affluent buyers permanently relocated to suburban or vacation markets over the past few years, this demand has only increased.

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Housing Wire

APRIL 17, 2023

Think an old dog can’t learn new tricks? Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Title companies have embraced digitization, automation and artificial intelligence to better meet their customers’ needs, reduce costs and increase efficiency.

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Insurance Real Estate Mortgage Technology 429

GoForrmz

APRIL 21, 2023

Join GoFormz in celebrating Earth Day 2023! Our planet is a unique place, providing life as we know it. It’s a cozy distance from the sun, covered mostly by water, and remains perfectly in orbit to host life like us! And while our Earth is amazing, it needs our help to thrive and provide resources for future generations. That’s why each year on April 22, people from all over the world come together to celebrate Earth Day!

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Eyes on Housing

APRIL 17, 2023

Builders remained cautiously optimistic in April as limited resale inventory helped to increase demand in the new home market even as the industry continues to grapple with building material issues. Builder confidence in the market for newly built single-family homes in April rose one point to 45, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

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Inman

APRIL 17, 2023

BeCorcoran debuted last year at The Breakers in Palm Beach, bringing together hundreds of agents, leaders, and staff from across its owned brokerage and growing affiliate network. The inaugural event was a tremendous success.

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Housing Wire

APRIL 20, 2023

The Federal Housing Finance Agency (FHFA) on Wednesday released a proposed rule that would codify many of its regulatory policies related to fair housing and fair lending. In formalizing housing regulation policies through the rulemaking process, the Biden administration hopes to make it more difficult for future administrations to untangle them. The proposed rule would codify in regulation FHFA’s fair lending oversight requirements for Fannie Mae , Freddie Mac and the Federal Home Loan Banks.

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Appraisal Hub

APRIL 21, 2023

The appraisal process is one of the most important steps in mortgage and property agreements. Only with a home appraisal in Toronto can you determine your property’s market value and verify that there are no hidden problems that could cause headaches down the line. To get an appraisal report, you need to find a dependable appraisal company in Toronto.

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Eyes on Housing

APRIL 21, 2023

Nonfarm payroll employment increased in 36 states and the District of Columbia in March compared to the previous month, while 14 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 236,000 in March, following a gain of 326,000 jobs in February. On a month-over-month basis, employment data was strong in Texas, which.

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Inman

APRIL 21, 2023

Weeks after announcing a national expansion, Serhant and his partners are facing a $10 million lawsuit and allegations of concocting a scheme to "loot" a Pennsylvania brokerage in an effort to expand.

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Housing Wire

APRIL 18, 2023

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910.

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Home Value Realtors Bracketing Finance 406

Empire Appraisal Group

APRIL 20, 2023

yongyuan, E+, Getty Images Source: Boomers Pass Millennials in Share of Homebuyers | Florida Realtors Boomers Pass Millennials in Share of Homebuyers By Kerry Smith NAR study: In 2022, boomers made up 39% of buyers (29% in 2021) while millennials made up only 28% (43% in 2021). The main reason? Boomers had more money. WASHINGTON – As a percentage of all homebuyers, the share of baby boomers has surpassed millennials last year, according to the latest study from the National Association of Realto

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Eyes on Housing

APRIL 20, 2023

After reversing a 12-month slide last month, existing home sales retreated in March as mortgage rates began to increase again in February, according to the National Association of Realtors (NAR). With inflation continuing to ease and rent growth expected to slow, existing home sales will rebound, despite the slight drop in March.

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Inman

APRIL 17, 2023

The housing market news is full of headlines about sellers slashing prices and offering concessions. But while buyers certainly have more leverage in the market than they did two years ago, the full picture is less bleak for sellers than it may seem.

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Housing Wire

APRIL 20, 2023

Interest rates for mortgage loans broke five straight weeks of declines caused by the bank crisis. This week, the 30-year fixed rate rebounded due to recent data indicating a still-resilient economy, the potential continuity of the Federal Reserve ’s tightening monetary policy, and pressures in the secondary market. “For the first time in over a month, mortgage rates moved up due to shifting market expectations,” Sam Khater , Freddie Mac ’s chief economist, said in a statement.

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Mortgage Housing Market Real Estate Buyers 402

GoForrmz

APRIL 19, 2023

Streamline your solar business with digital data capture and powerful automations With the escalating demand for renewable energy, the solar energy industry is rapidly growing. In order to sustain that growth, it’s crucial to ensure business operations are running smoothly and efficiently. Incorporating digital forms gives you better control over your business and captures better data faster, all in a scalable solution.

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