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Here’s how brokerage valuation works

Housing Wire

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. Second, the residential housing market is highly seasonal, highly cyclical and as we are all keenly aware, highly volatile. As such, valuations have indeed been suppressed.

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Dear sellers, the housing market misses you

Sacramento Appraisal Blog

Sellers have been sitting, and it’s been a game-changer for the housing market in 2023. It’s also made valuations more difficult. Today I want to share some stats and talk about appraising in today’s market. Scroll by topic or digest slowly.

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Lumber prices, bias, & slowing in the housing market

Sacramento Appraisal Blog

Let’s talk about lumber, food in listings, that leaning building in San Francisco, bias in valuations, and a slowing vibe in the housing market. I’ve got a few things on my mind today. Some light stuff and some deep stuff. Skim topics or digest slowly. 5 THINGS ON MY MIND 1) Lumber is lower (sort […].

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StreetEasy launches New York City home valuation tool

Housing Wire

StreetEasy , a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. In March, realtor.com launched its own automated valuation model, called MyHome, which appears on for-sale and off-market listings on the site.

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Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. It is just a super tight housing market. Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy.

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Fannie Mae’s chief economist on housing market outlook

Housing Wire

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. So, the servicing valuation on those loans is strong, because pre-payments are low.

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Navigating appraisal challenges in today’s housing market

Housing Wire

HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. . The post Navigating appraisal challenges in today’s housing market appeared first on HousingWire.