Appraiserblogs
MARCH 9, 2023
No appraisal may be required in the future! Fannie Mae took a direct shot at appraisers with the announcement of changes in their Selling Guide. Two options for the future, both of which do great harm to the appraisal industry. First, “third party” inspections.
Housing Wire
MARCH 8, 2023
It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research.
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Sacramento Appraisal Blog
MARCH 9, 2023
It’s a bump. Do you feel it? The housing market has been waking up in 2023, and we’re starting to see an uptick in lots of different stats. Let’s talk about it. This post is designed to skim quickly or digest slowly.
George Dell
MARCH 8, 2023
Bias against minorities has been “proven” against property value message measurers – at least once. It has also been “proven” that the undervaluation is as much as $500, on average. Something must be done! Let’s blame the appraisers! They keep on “determining” values too low!
The Appraiser Coach
MARCH 7, 2023
No matter what you call it – pay yourself first, save, setting money aside for a rainy day – making sure you take the.
Housing Wire
MARCH 10, 2023
Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
MARCH 9, 2023
In this shifting market, agents will have to do more to achieve the same results they were getting before, writes Adam Hergenrother. Here, he breaks down Gary Keller’s formula for doing more and how you can take action to do more and achieve more this year.
Housing Wire
MARCH 9, 2023
The title insurance industry is often bemoaned for being antiquated and making minimal changes, but that has not been the case for the past 12 months.
Eyes on Housing
MARCH 7, 2023
While nationwide single-family housing starts have slowed in the past year, the largest drop on a percentage basis is occurring in the densest counties, due to high housing costs.
Inman
MARCH 7, 2023
Inman's inaugural Influencer ran from real estate as a kid because it was all her family talked about. But with four TV shows, a podcast and a team under her belt, she lives and breathes it in 2023.
Riverfront Appraisals
MARCH 9, 2023
Recently, I had this question come up from a loan officer. We had just appraised a home they were lending on, and we completed an FHA appraisal. While the house was ok, there was an old storage building on site that had peeling paint on the interior and exterior.
Housing Wire
MARCH 6, 2023
The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory.
Eyes on Housing
MARCH 9, 2023
The NAHB recently published its latest Cost of Construction Survey. Results show that 60.8% of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% posted in 2019.
Inman
MARCH 6, 2023
The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power.
Appraiserblogs
MARCH 8, 2023
Appraisers, something – comparing and contrasting – dawned on me last week, after reading another news release titled “Dean Kelker: Appraisal Modernization is Starting to Gain Momentum“, which is basically pushing an “Enterprise” singular ‘agenda’ of valuation speed regardless of accuracy.
Housing Wire
MARCH 6, 2023
Guaranty Home Mortgage Corporation (GHMC) on Monday announced its expansion with three new licensed retail branches in Tennessee. The new branches are located in Brentwood, Lebanon and Chattanooga. GHMC originates and purchases loans through multiple channels.
Eyes on Housing
MARCH 8, 2023
Per the Mortgage Bankers Association’s (MBA) survey through the week ending March 3rd, total mortgage activity increased 7.4% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose eight basis points to 6.79%. The FRM rate has risen 61 basis points over the past month.
Inman
MARCH 6, 2023
Bedrooms that promise great comfort and sanctuary can generate a visceral response. Well-designed bedrooms can inspire a heartfelt reaction that buyers won’t be able to ignore.
Hank Miller Team
MARCH 9, 2023
Let's take a southern home tour Whether it is a historic home or new build, we love the architecture of the south.
Housing Wire
MARCH 8, 2023
As the housing market cooled further during the fourth quarter of 2022, homebuilders also continued to pull back on single-family construction.
Eyes on Housing
MARCH 10, 2023
The most recent release of the Z.1 Financial Accounts of the United States shows a decrease in the value of households’ real estate assets over the fourth quarter of 2022.
Inman
MARCH 6, 2023
The firm, previously known as Immobiliare Magri, will officially launch as Corcoran Magri Properties sometime in the next several weeks led by Maddalena Magri, the brokerage exclusively told Inman.
McKissock
MARCH 10, 2023
When it comes to growing your retirement savings, you may be wondering: What types of investment accounts should I use? And where should I locate them in order to utilize tax savings as much as possible?
Housing Wire
MARCH 8, 2023
As expected, California-based mortgage lender loanDepot reported another unprofitable period in the fourth quarter of 2022, its third consecutive quarterly loss.
Eyes on Housing
MARCH 10, 2023
Job growth continued in February. After a revised 504,000 job gain in January, total nonfarm payroll employment increased by 311,000 in February, and the unemployment rate edged up to 3.6% from 3.4% in January. Wage growth increased to a 4.6% year-over-year gain from 4.4%
Inman
MARCH 9, 2023
Focus on creating high-quality pieces that resonate with your target audience and meet their evolving needs. With the right approach, you can stay ahead of the curve in the age of AI-powered search engines.
Appraiserblogs
MARCH 6, 2023
Poke-and-Sniff… Once federal bureaucrats embrace a destructive practice, it can take a lifetime to correct it. When government tries to Cobra Effect.” Occupational licensees and those in heavily regulated industries will recognize the pattern immediately.
Housing Wire
MARCH 9, 2023
Federal Reserve Chairman Jerome Powell sent a clear message during his U.S.
Eyes on Housing
MARCH 8, 2023
The count of open, unfilled jobs for the overall economy declined slightly in January, falling to 10.8 million, after an 11.2 million reading in December, which was the highest level since July.
Inman
MARCH 6, 2023
This week, hosts Byron Lazine and Nicole White are talking about the rise of lawsuits, how great agents build relationships and the rollout of NAR’s new ad campaign. Agent Industry News Opinion Select Service Teams Video agent relationships NAR the real word
McKissock
MARCH 6, 2023
On March 1, 2023, Fannie Mae issued Announcement SEL-2023-02, which addressed several different lending-related topics.
Housing Wire
MARCH 6, 2023
Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place.
Empire Appraisal Group
MARCH 9, 2023
5 Reasons This Isn’t a Repeat of the 2008 Housing Crash Source: 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash (nar.realtor) By: Melissa Dittmann Tracey NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago.
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