Appraisal Today

FEBRUARY 24, 2023

What is the mark of an appraiser who is at the top of his or her “game”? NOTE: Please scroll down to read the other topics in this long blog post – Bias, Cost cutting, slow business, unusual homes, mortgage origination stats, etc. AMCs had taken over the mortgage-lending work. What Level Appraiser Are You?

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Housing Wire

MAY 3, 2023

The institutional single-family rental (SFR) market has expanded rapidly over the past decade as an alternative to homeownership, but it is now facing major headwinds in the form of a rapid jump in interest rates and still-high inflation compounded by decelerating home prices and rental rates. in the first quarter of 2022.

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Appraisal Today

NOVEMBER 10, 2022

Use of unsupported or subjective terms to assess or rate, such as, but not limited to, “high,” “low,” “good,” “bad,” “fair,” “poor,” “strong,” “weak,” “rapid,” “slow,” “fast” or “average” without providing a foundation for analysis and contextual information. Go back further than 6 months and out of area to find comps.

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Houston Properties

MARCH 23, 2022

Study: Houston Real Estate And Inflation. What the historical data tell us about using real estate to hedge against inflation in Houston. Inflation is at its highest in 40 years. While the Fed has started raising interest rates, there’s no sign of inflation slowing down any time soon. Inflation Explained.

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Appraisal Today

SEPTEMBER 8, 2023

The business side includes replacing worn out or damaged furniture, window coverings, bedspreads, towels, the property’s internet listings, credit card processing, weekly cleaning, and daily management decisions involved with running the STR business. The article is one of the best I have read, and includes many of the AMC, USPAP, GSE, etc.

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Appraisal Today

AUGUST 25, 2023

Appraisers who have put in 16+ years in the appraisal industry tend to make the most ($118K), while those who have less than 2 years of experience earn the least ($43K). I have seen this type information before, but mostly from contacting companies, recruiters or government databases. The 900 sq.ft. It’s mesmerizing, honestly.

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Listing Spark

SEPTEMBER 25, 2023

Interest rates have gone up, making many people unsure about buying or selling homes. Some areas like Austin and Dallas have seen big changes, while others like Houston and San Antonio are more stable. Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market.

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Appraisal Today

NOVEMBER 20, 2022

Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Tier 1 appraisers have little to fear but tier 2 and 3 appraisers….

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Will Springer Realtor

NOVEMBER 14, 2023

From health-care and auto workers – even Hollywood actors – Americans have hit the picket lines in greater numbers in 2023. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. Among all U.S.

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Will Springer Realtor

JULY 13, 2023

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic. Office vacancies in U.S. Bank Centre.

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Will Springer Realtor

JULY 8, 2022

Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes. This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. for 30-year conventional financing.

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Will Springer Realtor

MARCH 10, 2023

A survey conducted in 2021 by a competing real estate brokerage noted half of all owners said crime and safety were their top priorities when deciding where to move. These real estate sites suggest the data is unreliable, possibly misleading and risky. Many local governments have taken actions to address the issues over the years.

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Will Springer Realtor

AUGUST 9, 2022

There is no one-size-fits-all solution to solving our shortage of affordable homes but one answer that appears to have wider appeal is to aggressively advocate for accessory dwelling units (ADUs) – either attached to a structure or detached (DADU) in a backyard. I have written on this topic before. CLIMATE CHANGE AND RISKS TO HOUSING.

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