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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. appeared on Appraisers Blogs.

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CFPB proposes rule to bolster PACE loan borrower protections

Housing Wire

With a residential PACE loan, renovations are financed and are then paid back by the borrower as property tax payments to their local government, resulting in higher property tax payments for borrowers. Between 2014-2020, the majority of PACE loans were used for natural disaster preparedness.

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A property tax reckoning is coming

Housing Wire

The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. No one knows how this will all play out.”.

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The post Clear Capital launches APIs to make adopting modern valuations solutions easier appeared first on HousingWire.

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Don’t Miss Out on Warehouse Space for Sale – The Recession-Proof CRE Sector

The Robert Weiler Company

Not only is warehouse space needed for manufacturing, but it’s also becoming coveted for e-commerce, data centers, alternative energy, retail, government, medical storage, and even crypto mining. Warehouse demand during an economic recession has typically stood firm due to support from State and Federal governments.

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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It hasn’t been this hard to buy an existing home in at least a decade

Housing Wire

As a frame of reference, a 20/1,000 turnover rate is a fairly typical for the modern housing market. Building more housing is imperative, and federal and local governments can help by reforming zoning and making the building process easier. A more active market would have a rate closer to 40 or 50 for every 1,000 homes.

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