Sat.May 21, 2022 - Fri.May 27, 2022

Trainees Become Appraisers at Accurity Consolidated

Appraisal Buzz

HOUSTON, TX (May 25, 2022) – Before opening its doors in January of 2020, Accurity Consolidated laid out very specific goals to create a large wave of revival in the appraisal industry.

Fastest market ever & price deceleration

Sacramento Appraisal Blog

The housing market has been changing these past couple of months. As I’ve been saying, it isn’t cold, but the temperature is surely different. Anyway, let’s talk about two things to watch in months ahead – price deceleration and days on market. Any thoughts?


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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers.

Less Isn’t Always More

The Appraiser Coach

I’ve been asked how much should be filled out on site during a mobile appraisal. I know there’s a lot of ways out there to do this; there are almost. Read More.

Valuation Modernization and Appraisers

Appraisal Buzz

[link]. Today’s Buzzcast interview is with Cristy Conolly, EVP of Valuation Modernization at Class Valuation. We sat down with Cristy and Joan Trice, Founder of Allterra Group, LLC, to discuss what’s currently happening in the appraisal industry and what we can expect in the future.

Does Your Property Need to Be Jacked Up?

Cleveland Appraisal Blog

Does your home need to be jacked up? Perhaps a better way of asking is, does your house need a lift? Occasionally, when performing appraisal inspections/observations, I see homes that suffer from serious settlement issues. Sometimes, it’s the foundation.

More Trending

Bias: Personal or Analytic?

George Dell

Bias and prejudice are always relevant topics. Recently these have received more attention. In asking the questions we present in the Analogue Blog, we find that three concepts/actions produce the greatest response, to create divisiveness and deepening anger in an argument.


Who Moved My Appraisal Cheese?

Appraisal Buzz

If you have ever read or heard about the book titled “Who Moved My Cheese,” you may know the story about the four characters in the book and what the cheese refers to. The cheese is a metaphor for what you want in life or business. The characters all love cheese but are caught in a maze. When the cheese disappears, the four characters are faced with adapting to change. Two of the characters in the book, Scurry and Sniff, are willing to do whatever it takes to find the cheese.

New Single-Family Home Size Trends

Eyes on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work.

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Purchase mortgage rates average 5.10% continuing two-week slide

Housing Wire

Purchase mortgage rates this week averaged 5.10% continuing a decline from last week amid a housing market slowdown, according to the latest Freddie Mac PMMS. A year ago at this time, 30-year fixed rate purchase rates were at 2.95%.

May Newsletter- Change on the Horizon?

DW Slater Company

Sunset in Sivells Bend, TX. As we have been reporting the last year, the North Texas markets have experienced extraordinary appreciation in housing with very little signs of slowing. The median sale prices have had double digit increases within the past year.

New-Home Sales Drop for Fourth Consecutive Month

Appraisal Buzz

The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years. The post New-Home Sales Drop for Fourth Consecutive Month appeared first on The post New-Home Sales Drop for Fourth Consecutive Month appeared first on Appraisal Buzz. Around The Web

Remodeling in 2021: Kitchens Edge Baths for Top Spot

Eyes on Housing

As National Home Remodeling Month draws to close, Eye on Housing reports on the most common projects undertaken by NAHB Remodelers during the previous calendar year—in this case, 2021.

Opinion: Why we need a mortgage rate reset

Housing Wire

When writing about the ’80s banks and passbooks, I started to see a pattern emerge concerning customers and refinance loans and rates. They were so high; then so low. I started thinking about farming. Farmers know that you can’t keep putting the same plants in the same dirt season after season.

17 Best Neighborhoods in Raleigh NC

Raleigh Realty

Best Neighborhoods in Raleigh, NC What are the best places to live in Raleigh?

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Home Listing Prices Feel Pinch of Market Forces

Appraisal Buzz

The housing market is displaying more signals that the pandemic-driven housing frenzy is coming to an end, as nearly one in five home sellers dropped their price during the four week period ending May 22 —the highest level since October 2019— according to a new report from Redfin. Measures of competition including the typical listing’s … The post Home Listing Prices Feel Pinch of Market Forces appeared first on

Condo Construction Market Showing Gains?

Eyes on Housing

According to NAHB analysis of quarterly Census data, the count of multifamily, for-sale housing starts increased during the first quarter of 2022. At 11,000 units started, this was the best quarter for condo construction since the third quarter of 2008.

Florida-based LO accused of falsifying documents

Housing Wire

A Florida-based loan officer faces more than 30 years in federal prison if convicted on charges alleging she falsified divorce papers and child support payment information to help unqualified borrowers secure a loan, according to a Department of Justice indictment.

Conference panel addresses appraisal errors, omissions

Valuation Review

At the 2022 National Association of Appraisers Conference & Trade Show in South Carolina, a panel of experts discussed some of the top errors and concerns appraisers will commit and deal with during the course of assignments.

What Makes Green Home Appraisals Unique?

Appraisal Buzz

A “green” or “high performance” home refers to a residence that has less of a net impact on the environment than its traditional alternative. If you’re interested in becoming a green home appraiser , you may be wondering, “What makes these types of assignments unique?”

New Home Sales Deteriorate in April

Eyes on Housing

New single-family home sales posted a significant decline in April as housing demand deteriorated in the face of rising interest rates. After starting at 3.1% in December, the average 30-year fixed rate mortgage increased to 5.1% by the end of April, per Freddie Mac.

CFPB wants lenders to disclose reason for denial of credit

Housing Wire

All lenders must explain their rationale when denying credit to loan applicants, the Consumer Financial Protection Bureau affirmed Thursday, after looking into whether companies claiming exemption because they rely on “complex algorithms” were in violation of federal anti-discrimination law.

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JLL group leaders discuss affordable housing practices, demands

Valuation Review

Earlier, Valuation Review gave readers a story focusing on the strong demand for affordable rental units in the U.S. In that story, JLL’s Valuation Advisory’s Managing Directors Chip Ard and Andrea Gilman discussed the formation of a dedicated, specialized, affordable-housing practice group.

More and More Homeowners Are Choosing to Stay Put

Appraisal Buzz

As the average tenure length for Americans remaining in their home now exceeding 10.5 years, rising mortgage rates will continue to discourage existing homeowners from selling their homes and further curb migration. The post More and More Homeowners Are Choosing to Stay Put appeared first on DSNews.

Missing Middle Construction Still Missing

Eyes on Housing

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties.

VA removes pre-approval process for some loans?

Housing Wire

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan.

Mortgage Payment Nearly 50% Above a Year Ago

Empire Appraisal Group

Mortgage Payment Nearly 50% Above a Year Ago. Source: Mortgage Payment Nearly 50% Above a Year Ago | Florida Realtors. The combo of higher rates and home prices has made monthly payments quickly climb. That impact is adding an extra $580 to buyers’ monthly expenses. SANTA CLARA, Calif.

Pending Home Sales Slide for 11th Consecutive Month

Appraisal Buzz

Month-over-month, pending sales of homes in the U.S. continue to decline, as escalating rates have bumped up the cost of purchasing a home by more than 25% year-over-year. The post Pending Home Sales Slide for 11th Consecutive Month appeared first on

Jump for AD&C Loan Balances

Eyes on Housing

Residential construction loan volume reached a post-Great Recession high during the first quarter of 2022, as home building activity entered a new year with higher interest rates. As the single-family building market slows in 2022, the volume of such loans will likely peak in the coming quarters.

Freddie Mac automates pre-closing income verification

Housing Wire

Freddie Mac will now automatically verify borrower employment 10 days ahead of closing, which it says is more efficient than obtaining that information through oral or written verification. The option will be available starting June 1.

CoreLogic: Delinquency numbers revealed for February

Valuation Review

The CoreLogic Loan Performance Insights report through February 2022 showed 3.2 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 2.5-percentage point decrease in the overall delinquency rate compared with February 2021.

Sean O’Neil Appointed Executive VP, CFO of Ocwen Financial

Appraisal Buzz

“Ocwen” or the “Company”, announced the appointment of Sean O’Neil as Executive VP and CFO, effective June 13, 2022. O’Neil brings significant financial leadership experience Ocwen in the mortgage sector, and will be responsible for leading the Company’s global finance organization.

Employment Situation in April: State-Level Analysis

Eyes on Housing

Nonfarm payroll employment increased in 41 states and the District of Columbia in April compared to the previous month while eight states lost jobs. North Dakota remained unchanged.

Sandra Thompson confirmed as FHFA director

Housing Wire

The Federal Housing Finance Agency (FHFA), which oversees the bulk of the mortgage market, now has a U.S. Senate-confirmed director: Sandra Thompson. The Senate today confirmed Thompson’s nomination to head the FHFA by a 49 to 46 vote.