Protecting Condos as a Sustainable Housing Option
Appraisal Buzz
JANUARY 3, 2022
In the days following the tragic condo building collapse in Surfside, Florida, information emerged about known issues with that building.
Sat.Jan 01, 2022 - Fri.Jan 07, 2022
325 
Home affordability plummeted in fourth quarter
Housing Wire
JANUARY 3, 2022
Homeownership continues to swerve into unaffordable territory, with median-priced single-family homes becoming less affordable in three-quarters of the nation’s market, a report published by ATTOM Data Solutions last week said.
Join 5,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Real estate trends to watch in 2022
Sacramento Appraisal Blog
JANUARY 3, 2022
What’s the real estate market going to do in 2022? Let’s talk about some of the emerging trends. Scroll quickly or digest slowly. Anything to add?
The Public Trust – A For-Real Goal?
George Dell
JANUARY 5, 2022
Resolved: To protect the overall public trust. The ostensible purpose of government is to serve the public good. Government regulators are charged with quite a responsibility. A difficult job. Politics, pulls, jabs, and pokes abound. Everyone has a different view. But is that a real goal for 2022?
More Consumers Believe Rates Will Go Up in 2022
Appraisal Buzz
JANUARY 7, 2022
Fannie Mae’s latest iteration of the monthly Home Purchase Sentiment Index (HPSI) fell by a slight 0.5 points to 74.2 in December as consumers wildly differed on whether it is a good time to buy or sell a home and their outlook on the economy.
FHFA hikes fees for high-balance and second-home loans
Housing Wire
JANUARY 5, 2022
The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio.
Sign up to get articles personalized to your interests!
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
More Trending
Domestic Sawmill Output Continues to Lag Home Construction
Eyes on Housing
JANUARY 6, 2022
The failure of domestic sawmills to sufficiently boost output in the face of ongoing strong home buyer demand was a primary factor that contributed to record-high lumber prices and price volatility in 2021.
Low Rates Keeping the Winter Market Strong
Appraisal Buzz
JANUARY 7, 2022
Looming threats of rising interest rates coming this year are pushing more homeseekers into the market who are eager to get into a home before those threats become a reality.
Mortgage rates start 2022 with an increase
Housing Wire
JANUARY 6, 2022
The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%.
5 Things You Should Know BEFORE Moving to Holly Springs, NC (2022)
Raleigh Realty
JANUARY 7, 2022
Living in Holly Springs, NC Find out why so many folks are moving to Holly Springs, NC Holly Springs, North Carolina is one of the best places to live in the country so it's no wonder so many folks are trying to move here.
Strong Year-over-Year Gains for Construction Job Openings
Eyes on Housing
JANUARY 4, 2022
The construction labor market remains tight, as the levels of quits rise. The count of open construction jobs declined to 345,000 unfilled positions in November, after recording the highest measure in the history of the data series (going back to late 2000), 445,000 in October.
How Mortgage Rates Are Impacting Homebuyer Decisions
Appraisal Buzz
JANUARY 7, 2022
Americans are finding their homebuying strategies dependent on current and future mortgage percentages as the housing market steadies. The post How Mortgage Rates Are Impacting Homebuyer Decisions appeared first on theMReport.com.
The big short in housing supply isn’t going away
Housing Wire
JANUARY 6, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event.
10 Things to Know BEFORE Moving to Cary, NC {2022}
Raleigh Realty
JANUARY 3, 2022
Planning on moving to Cary, NC? There's a reason it's on the list of Best Places to Live in North Carolina Cary is a great city for anyone looking to live in a top-rated town that offers excellent schools, weather, and amenities It's no wonder everyone is moving to Cary, NC.
Consumer Confidence Improved in December
Eyes on Housing
JANUARY 5, 2022
Consumer confidence continued to improve in December as inflation concerns eased after hitting a 13-year high last month. Spending intentions for homes, cars, and major appliances all increased.
Housing Supply Shortage May Continue Through Spring
Appraisal Buzz
JANUARY 7, 2022
HouseCanary Inc. ’s s latest Market Pulse report covers 22 listing-derived metrics and comparing data between December 2020 and December 2021. The Market Pulse is an ongoing review of proprietary data and insights from HouseCanary’s nationwide platform.
FHFA to GSEs: Back to the drawing board on Duty to Serve
Housing Wire
JANUARY 6, 2022
A federal law mandates that Fannie Mae and Freddie Mac help households on moderate, low, or very low income.
3 Time Management Strategies Real Estate Pros Use to Get Ahead
McKissock
JANUARY 4, 2022
As part of our contributor series, John Walker talks about his best time management strategies for real estate agents and brokers. . Real estate is an industry that attracts a lot of entrepreneurs, self-starters, and big dreamers.
Job Gains Slow in December
Eyes on Housing
JANUARY 7, 2022
Job gains slowed sharply for the second straight month in December as the Omicron variant began to spread. Nonfarm payrolls increased by 199,000 in December, and the unemployment rate fell to 3.9%. Construction industry employment (both residential and non-residential) totaled 7.6
Consumers Indicate Now Is The Time To Sell
Appraisal Buzz
JANUARY 7, 2022
Fannie Mae’s latest iteration of the monthly Home Purchase Sentiment Index (HPSI) fell by a slight 0.5 points to 74.2 in December as consumers wildly differed on whether it is a good time to buy or sell a home and their outlook on the economy.
20 state attorneys general take aim at mortgage servicers
Housing Wire
JANUARY 5, 2022
Some Federal Housing Administration -approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. Attorney General Karl Racine and 20 other state attorneys general. The attorneys general wrote in a Dec.
3 Resources to Help Reduce Appraisal Bias
McKissock
JANUARY 7, 2022
Phrases like appraisal bias, the appraisal gap, and discrimination in appraisals have become buzz words in the media over the past year.
Private Residential Spending Rises in November 2021
Eyes on Housing
JANUARY 3, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.9% in November after a decrease of 0.2% in October 2021. It stood at a seasonally adjusted annual rate of $796.3 billion. Total private residential construction spending was 16.3%
Mortgage Rate Increases: How They’re Impacting Housing Demand
Appraisal Buzz
JANUARY 7, 2022
Experts say over time, percentage growth will slow demand and put an end to double-digit annual price growth. The post Mortgage Rate Increases: How They’re Impacting Housing Demand appeared first on DSNews.
Opinion: Mortgage industry will shed 100K jobs this year
Housing Wire
JANUARY 4, 2022
The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12 th day of Christmas, Jan. I do hope everyone had a joyous holiday season, spending some relaxing time with family and friends. The holiday season is winding down.
How Two-Generation Programs Can Advance Housing Stability
Urban
JANUARY 7, 2022
Because children who grow up living in poverty are less likely to succeed economically as adults, cycles of poverty and housing instability can span generations. Two-generation programs can disrupt those cycles
Who Manages Georgia Lakes?
Hank Miller Team
JANUARY 5, 2022
Buying a lake home presents additional challenges a normal home doesn't; in Georgia those challenges can be formidable. Two major players influence lake homes in Georgia; the US Army Corps of Engineers and Georgia Power.
Clearbox and Appraisers – A Perfect Match
Appraisal Buzz
JANUARY 5, 2022
In today’s Buzzcast, we dive into Clearbox, LLC and the many benefits it offers the appraisal industry. Today we have Joan Trice, Founder of Clearbox, LLC., and Jim Morrison, VP of Marketing and Sales for Allterra Group.
Unemployment rates and mortgage rates both under 4%
Housing Wire
JANUARY 7, 2022
Today, the Bureau of Labor Statistics reported that 199,000 jobs were created in December — a miss from estimates. They also reported we had 141,000 in positive revisions to the previous jobs report. The unemployment rate is currently at 3.9%
State-Level GDP in the Third Quarter of 2021
Eyes on Housing
JANUARY 6, 2022
Real gross domestic product (GDP) increased in 37 states and the District of Columbia in the third quarter of 2021 compared to the second quarter of 2021. According to the U.S. Bureau of Economic Analysis (BEA), the percent change increase in real GDP ranged from 6.0 percent in Hawaii to -3.3
How to Upgrade Your Appraisal License
McKissock
JANUARY 4, 2022
You know there are good reasons to upgrade your appraisal license —including making more money —but you might be unsure of how to go about it. Depending on your state and the license level you wish to attain, the exact steps for how to upgrade your appraisal license will vary slightly.
December Jobs Report Underwhelming But Unemployment Dropped to 3.9 Percent
Appraisal Buzz
JANUARY 7, 2022
The U.S. economy added 199,000 jobs in December – well below the 300,000+ expected – as the unemployment rate fell to 3.9%, according to the U.S. Bureau of Labor Statistics.
What’s holding the industry back from broad-scale digital closing adoption?
Housing Wire
JANUARY 4, 2022
For well over a decade, the industry has made steady progress in digitizing mortgage closings. As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned).
ASC policy manager reviews basics of AMC state requirements
Valuation Review
JANUARY 5, 2022
Valuation Review recently attended the 2021 Appraisal Summit conference in Las Vegas and caught up with Appraisal Subcommittee (ASC) Appraisal Policy Manager Jenny Tidwell. The ASC executive shared thoughts on what states require of AMCs, and what is being talked about for the future.
Let's personalize your content