Housing Wire

DECEMBER 5, 2022

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. It means a massive contraction in demand for mortgages, tighter margins, corporate layoffs and “right-sizing,” and concerns about what the future may hold.

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Appraisal Today

SEPTEMBER 29, 2023

Risk to Home Values. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.41 from 0.72 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. percent, the highest level since March 2002, from 7.08 percent from 0.4

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Appraisal Today

DECEMBER 9, 2022

How Grocery Store Locations Impact Home Values. Excerpts: While homes near a Trader Joe’s realized an average 5-year home price appreciation of 49 percent, and homes near a Whole Foods saw an average appreciation of 45 percent, ALDI had a slight advantage at 58 percent. By Attom Nov 22, 2022. percent from 6.49

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Appraisal Today

NOVEMBER 4, 2022

Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. from0.88 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

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