Housing Wire
FEBRUARY 14, 2023
Given the hotter inflation reported in Tuesday’s CPI data , can mortgage rates go above the 2022 peak of 7.37%? Initially the 10-year yield fell after the report, then rose higher, only to fall back down again.
Sacramento Appraisal Blog
FEBRUARY 14, 2023
There is so much talk about the housing market bottoming out, and I want to give some perspective on what to watch for. I hope this helps.
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George Dell
FEBRUARY 15, 2023
Editor’s Note: This is Part 6 of the series on Neighborhood. We’re told we should analyze a neighborhood. This is mostly a residential concept. For non-residential appraisal the focus is often a “district” – a group of similar property uses. Rather than a group of complementary uses.)
The Appraiser Coach
FEBRUARY 14, 2023
I recently celebrated an exciting milestone. I have officially gone one full year without eating sugar! Now that’s not 100% – everything has sugar in it these days. But I.
Housing Wire
FEBRUARY 13, 2023
The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Here is a quick rundown from last week : Purchase application data had a 3% week-to-week increase.
Eyes on Housing
FEBRUARY 17, 2023
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that cash purchases made 11.2% of new home sales in the fourth quarter of 2022—the largest share since 1990.
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Appraiserblogs
FEBRUARY 13, 2023
Blaming appraisers for the income gap will never solve the real underlying problem… Blaming appraisers for the income gap is as ridiculous as blaming appraisers for gun violence and gas prices. I watched the January 24, 2023 ASC Appraisal Bias hearing. Comments were requested after the hearing.
Housing Wire
FEBRUARY 16, 2023
Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a housing recession. There is one simple reason for this: it’s not 2008.
Eyes on Housing
FEBRUARY 15, 2023
Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams.
Riverfront Appraisals
FEBRUARY 16, 2023
FAQ 7: How Are Non-ANSI Compliant Bedrooms Treated? This question came to me recently from a Realtor friend of mine. He had just taken a new listing of an older home with one bedroom and bathroom on the main level, and two bedrooms upstairs.
Appraiserblogs
FEBRUARY 14, 2023
Making massive staff reductions in the appraisal management department, including the Chief Appraiser and the Administrative Manager, who both are licensed appraisers. Appraisers, it’s not ‘just us’ who have taken the slowdown in lending “in the shorts.”
Housing Wire
FEBRUARY 16, 2023
Economic data indicating that the U.S. economy has remained resilient despite the Federal Reserve ‘s tightening monetary policy led to a substantial increase in mortgage rates last week.
Eyes on Housing
FEBRUARY 17, 2023
According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the fourth quarter of 2022, single-family attached starts totaled 37,000, which is 8% lower than the fourth quarter of 2021.
Inman
FEBRUARY 14, 2023
Netflix's "Buying Beverly Hills" centers around rookie agents and their high-profile team leaders and mentors at The Agency. From mispronouncing finishes to being ill-prepared for showings, these agents dish on learning the tough lessons while being filmed for reality TV.
Appraiserblogs
FEBRUARY 16, 2023
We come not to bury David Bunton, the public figure, but to praise David Bunton, the evolved Beltway organism. Who is David Bunton? Bunton has made a small fortune and canvassed the world at the helm of a 16-employee Washington, D.C., nonprofit that publishes a copyrighted code of conduct.
Housing Wire
FEBRUARY 16, 2023
The overall national mortgage delinquency rate rose in the fourth quarter of 2022, due in part to a weaker economy and ongoing inflationary pressures.
Eyes on Housing
FEBRUARY 14, 2023
For 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 972,180. On a year-over-year (YoY) basis, this is 12.5% below the 2021 level of 1,111,414. Year-to-date ending in December, single-family permits declined in all four regions.
Inman
FEBRUARY 15, 2023
The Canadian Real Estate Association, which owns and controls Canada's most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what's in store.
Valuation Review
FEBRUARY 17, 2023
TAF president gives appraisal industry update. ASAwebinar #TheAppraisalFoundation #appraisaltopics
Housing Wire
FEBRUARY 15, 2023
Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.
Eyes on Housing
FEBRUARY 13, 2023
The price and availability of building materials again topped the list of problems builders faced last year, while interest rates (along with general inflation and negative media reports) moved considerably up the list.
Inman
FEBRUARY 17, 2023
The agents who utilize this technology will become more efficient and productive, freeing up time for building the relationships needed to grow their businesses. Agent Marketing New Agent Select Service Technology Video ChatGPT jimmy burgess
Realtor
FEBRUARY 13, 2023
Illustration by Realtor.com / Getty Images Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through and over before reaching the finish line.
Housing Wire
FEBRUARY 13, 2023
Jay Farner will retire as CEO of Rocket Companies in June, ending his 27-year stint at the firm. He stepped down as member of the board of directors last week, Rocket disclosed in a filing with the Securities and Exchange Commission.
Eyes on Housing
FEBRUARY 16, 2023
Single-family built-for-rent construction ended 2022 strong with a rising total market share.
Inman
FEBRUARY 13, 2023
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet. Brokerage Listings Luxury News Brief Select exp eXp Realty Kurt Yang Lago Vista manhattan new york new york city texas
Appraiserblogs
FEBRUARY 17, 2023
A proposed update of professional guidelines for property appraisals contains confusing language about what constitutes discrimination, and would even suggest appraisers could engage in “ethical” discrimination.
Housing Wire
FEBRUARY 15, 2023
Expectations that high inflation may persist for longer than previously projected put pressure on mortgage rates last week. In turn, it affected borrowers’ appetite for home loans. The latest Mortgage Bankers Association (MBA) survey showed that mortgage loan application volume declined 7.7%
Eyes on Housing
FEBRUARY 16, 2023
During the fourth quarter of 2022, credit continued to become less available and generally more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing.
Inman
FEBRUARY 15, 2023
The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon.
McKissock
FEBRUARY 13, 2023
What’s going on with the VA? Join us on Wednesday, February 22, 2023, to find out!
Housing Wire
FEBRUARY 14, 2023
Earnings at Fannie Mae in 2022 sank to $12.9 billion as the housing market deteriorated, down dramatically from $22.1 billion in 2021, the government sponsored enterprise reported Tuesday. Last year’s $9.3 billion decrease in net income was primary driven by an $11.4
Eyes on Housing
FEBRUARY 14, 2023
Consumer prices in January saw the smallest year-over-year gain since October 2021 with a seventh consecutive month of a deceleration.
Inman
FEBRUARY 14, 2023
The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss.
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