Sacramento Appraisal Blog

DECEMBER 6, 2022

Be an optimist in life. Be full of hope. And let nothing shake you. But when it comes to housing stats, be realistic about the market that actually exists. Today, let’s talk about getting high on housing hope (and unpack fresh stats). UPCOMING (PUBLIC) SPEAKING GIGS: 1/18/23 WCR Market Update in Cameron Park (register here) […]. The post Getting high on housing hope first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market. Purchase application data came out on Wednesday and the week-to-week data was down 3%, breaking the streak of four straight weeks of growth.

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George Dell

DECEMBER 7, 2022

Appraiser education is part of the “Big Stymie.” The five forces of friction: practices, standards, education, regulation, and client expectation – all interact to impede progress in appraisal. And of these, regulation and education create the long-term blockage. A blockage that will not be resolved until we have a political response to the reality.

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The Appraiser Coach

DECEMBER 6, 2022

Many of you know that I don’t do partnerships. I’ve had some negative experiences in the past, and I don’t like the idea of being a part of one again. Read More.

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GoForrmz

DECEMBER 8, 2022

Do you ever stare at your computer and say “there has to be an easier way to do this”? If your day is filled with repetitive data entry or processing tasks, let GoFormz give you back your workday! For everyone with form-based data capture, GoFormz Workflows can automate your daily tasks, such as emailing form copies, exporting and storing forms in your preferred Cloud storage platform, or even sending data directly to your CRM or ERP.

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Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. This change will create a disruption from the cookie-cutter, non-personalized model, Brian Covey, former vice president of regional production at loanDepot , who took on an executive vice president position at a boutique lender Revolution Mortgage , said.

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Appraiserblogs

DECEMBER 5, 2022

What purpose does “waiting” serve (a.k.a. known as “seat time”)? It was a rainy weekend, so I thought I’d take online classes to meet my continuing education requirements. I’ve always been a fast test taker, often trying to be the first person in the classroom to bring my answers to the proctor first. I’m one of those annoying people, but if I pass the test, should I be penalized for taking the test fast?

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GoForrmz

DECEMBER 5, 2022

Create and share eSignature documents in minutes Easily collect legally binding electronic signatures in your digital forms with eSign fields. With GoFormz, you can securely gather signatures anytime, anywhere – without the trouble of messy paperwork. In this blog, we’ll share what eSign fields are and how to use them in your digital forms. The Differences Between Signature Fields and eSign Fields It is very important to note the key difference between Signature fields and eSign fields: E-SIGN A

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Housing Wire

DECEMBER 8, 2022

Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, for example, some markets saw appraisals take as long as three to six weeks. Now that the market is less frenzied, turn times are improving. Depending on the region, people are able to get appraisals done in under 10 days for the most part, according to Reggora CEO Brian Zitin.

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Riverfront Appraisals

DECEMBER 7, 2022

Over the years, we’ve collected some of the most frequently asked questions from Realtors, and here they are for you – with answers! If you have any additional questions, feel free to reach out to Ryan personally at ryanbays@riverfrontappraisals.com Who Needs to Be at Home During an Appraisal? The next time you schedule an […]. The post The Realtor’s Guide to Appraisals Part 12: FAQs appeared first on Riverfront Appraisals.

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Empire Appraisal Group

DECEMBER 8, 2022

2 of 3 Fla. Mortgage Holders Have 50%+ Equity. Source: 2 of 3 Fla. Mortgage Holders Have 50%+ Equity | Florida Realtors. By Kerry Smith. Most Fla. homeowners have significant equity. Many own their home outright, and of those with a mortgage, 62.8% owe lenders less than 50% of market value. ORLANDO, Fla. – While home price increases have slowed, they have not stopped.

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The Robert Weiler Company

DECEMBER 8, 2022

While the major news headlines speak of an impending recession, commercial real estate investors continue looking for market stability and profitability. That’s why warehouse space for sale in the Columbus, Ohio region has never looked better! It’s easy to allow the naysayers to overshadow our optimism with the uncertainty of these challenging financial times; however, industrial real estate continues to be one of the hottest CRE sectors in the nation.

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Housing Wire

DECEMBER 5, 2022

Brian Covey, a high-profile vice president at loanDepot, is leaving the company after five years to join Revolution Mortgage , another direct-to-consumer retail mortgage lender which was founded in 2018. Covey, who announced the change Monday via a LinkedIn post , joined loanDepot in 2018 and led the sales teams in Tennessee, Alabama, Mississippi and Louisiana, recruiting and training more than 200 sales and operations team members.

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Simonson Real Estate

DECEMBER 6, 2022

In addition to being committed to the profession of appraising commercial real estate, our team is comprised of human beings seeking to continually improve across all facets of life. Whether its showing up as the best parent, partner or friend or striving to raise our standards of health and productivity, a steady commitment to constant and never ending improvement is the key!

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GoForrmz

DECEMBER 6, 2022

Don’t risk it – select a digital form solution capable of collecting legally binding eSignatures Many form solutions provide basic signature collection, but they may not be E-SIGN Act-compliant – in this blog we’ll break down why this matters to you and your business. Why use electronic signatures? Electronic signatures keep your team nimble – they can be collected instantly, referenced in real-time, and used to reduce time-wasting administrative tasks.

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Birmingham Appraisal

DECEMBER 7, 2022

How Can Homeowners Save Money With Today’s High Inflation? Over the past 2.5 years, we have seen an unprecedented increase in home prices. This was brought on in part by the COVID pandemic and the subsequent lowering of interest rates. The lower interest rates and pent-up demand for home buying created a perfect storm for prices to skyrocket. The lower interest rates helped people get off the fence to buy a home but with a large number of buyers and a limited supply of homes prices had now

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Housing Wire

DECEMBER 5, 2022

Early this month, California fintech Achieve announced the closing of its first AAA-rated securitization backed by $175 million in home equity lines of credit. The securitization — which is the process of bundling mortgages into a pool and selling shares of the pool as bonds — consists of three classes of rated notes, which are backed by about 3,300 HELOCs originated by its affiliate Achieve Loans , formerly known as Lendage , the fintech company said in a release.

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McKissock

DECEMBER 9, 2022

Interested in appraising green homes? If you want to become a specialist in this growing appraisal niche, an important step is to make sure you understand the prevalence of green homes in the global and local real estate markets. You can gain technical knowledge by researching and reading architectural, marketing, and building articles, as well as technical papers about green homes.

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Lamacchia Realty

DECEMBER 7, 2022

We are so excited to announce that Darlene Umina has officially qualified for the 2022 President’s Club ELITE! Darlene achieved this impressive feat by surpassing $24,240,000 in sales volume! Darlene qualified for the 2022 President’s Club in July and she clearly has been continuing to dominate as the year has rolled on! Darlene has earned other impressive accolades so far in 2022 including being named on the Boston Agent Magazine’s Who’s Who list for 2022 as well as ranking on the

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JMV Lending

DECEMBER 8, 2022

“The story you are about to hear is true; only the names have been changed to protect the innocent.” That was the opening line from the famous 1960s TV series Dragnet – an “educational drama” that taught young boomers growing up in a small Minnesota farm town that: (1) smart cops in LA solved every […]. The post Appraisal Comps: “Just the facts, Ma’am” – STUFF EVERY AGENT SHOULD KNOW!

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Housing Wire

DECEMBER 9, 2022

With only three weeks until 2023 arrives, housing industry executives are adjusting their operations to face what is expected to be another challenging year. . The Federal Reserve will continue its fight to tame inflation — with its seventh consecutive interest rate hike expected from its December 13 and 14 meeting — despite looming concerns of a prolonged recession.

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Eppraisal

DECEMBER 6, 2022

Buying and selling property is a big event for those gaining the asset and for those making money on the deal. Yet it is another day at the office for realtors, lenders, attorneys and title agencies. Still, the way these transactions go down goes well beyond the immediate participants. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges.

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Lamacchia Realty

DECEMBER 8, 2022

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

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BiggerPockets

DECEMBER 7, 2022

A recent report from Zillow highlights the U.S. affordability crisis creatively. Rather than just focusing on the rapid price growth in rents across the country over the past couple of years, the […].

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Housing Wire

DECEMBER 8, 2022

Mortgage rates continued the downward trend this week amid signs that the U.S. economy is cooling down due to the tightening monetary policy. The recent declines, however, have not been enough to convince borrowers to take out a home loan. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in the second and third quarters for all sectors except manufacturing,” Danielle Hale, Realtor.com ’s chief economist, said in a stateme

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Eppraisal

DECEMBER 9, 2022

As buying a home is one of the most important investment decisions you will ever make, it is crucial to understand the current real estate market before you dive in. Did you know interest rates have approximately doubled this past year? Home values rose double digits, year-over-year, the past couple years? The housing inventory has been low; however, it is growing?

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Lamacchia Realty

DECEMBER 9, 2022

December 8, 2022 – The Massachusetts Association of REALTORS ® Board of Directors has officially sworn in Jim Major as the 2023 Treasurer! This achievement comes only three months after it was announced Jim was awarded REALTOR® of the Year by the Greater Boston Association of REALTORS®. For the past decade, Jim has served the REALTOR® organization in a variety of leadership roles at the local, state, and national levels.

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BiggerPockets

DECEMBER 4, 2022

If you talk about how to avoid taxes, most people will think you’re doing something fishy in the eyes of the IRS. Very few know you can use the tax […].

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Housing Wire

DECEMBER 6, 2022

As interest rates remain volatile and demand continues to suffer, lenders across the industry are seeking new avenues to reach borrowers. Often, that means analyzing target markets to determine fresh ways to connect with growing demographics. For many, this analysis is unearthing a noteworthy trend: In many pockets of the U.S., Hispanic Americans represent a fast expanding segment of borrowers with an increasing number seeking home loans and homeownership.

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Mortgagebroker News

DECEMBER 8, 2022

"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves"

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Lamacchia Realty

DECEMBER 9, 2022

December 8, 2022 – The Massachusetts Association of REALTORS® Board of Directors have officially sworn in Amy Wallick as the 2023 President-Elect. Amy, a REALTOR® out of our Beverly branch office , will be MAR President in 2024. “I feel so fortunate to be a part of this organization and it has been an absolute privilege to work alongside and learn from some of the best professionals in our industry.

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BiggerPockets

DECEMBER 4, 2022

Zillow, Opendoor, and other iBuyers made quite a name for themselves over the past two years. By buying up every house on the block, iBuyers quickly became the “no work, […].

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Housing Wire

DECEMBER 4, 2022

Home price corrections exposed a growing pocket of equity risk concentrated among purchase mortgages originated in 2022, Black Knight said in its latest mortgage monitor report. Of all homes purchased with a mortgage in 2022, 8% are now at least marginally underwater. Of the 450,000 underwater borrowers at the end of the third quarter, nearly 60% of the mortgages originated in the first nine months of 2022, according to Black Knight.

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Mortgagebroker News

DECEMBER 6, 2022

After its recent expansion into Ontario, the lender is doubling down on its high service levels and broker-focused approach for next year

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