Sacramento Appraisal Blog
OCTOBER 26, 2023
This owner transformed a tract home built in 2002 into something with serious Midtown modern vibes. How do we value something when it has really […] The post Making a modern home from a tract home first appeared on Sacramento Appraisal Blog. You will either love it or hate it.
Housing Wire
DECEMBER 7, 2022
As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. For now, just think of it as stabilization and we need to see more of this to make a valid premise that the worst is behind us. Mortgage rates went from a low of 2.5%
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Appraisal Buzz
SEPTEMBER 17, 2024
During his time at Fannie Mae, Benson played a critical leadership role in modernizing the company’s business model and leading it to record levels of profitability. “I I am pleased to join the Board of Opendoor,” said Benson. The post Opendoor Names Former Fannie Mae President to Its Board first appeared on The MortgagePoint.
Housing Wire
SEPTEMBER 22, 2022
With mortgage rates rising, 2022 has seen the most significant housing inflationary event in recent modern history as the total cost to buy a home took a historic run higher, one that is for the record books. However, it’s not the market of 2002-2011.
Housing Wire
NOVEMBER 17, 2022
However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke.
Housing Wire
OCTOBER 11, 2022
This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. We’ve seen a massive price and payment inflation event with pricing still rising and the biggest mortgage rate increase in a single year in recent modern-day history.
Appraisal Buzz
JUNE 17, 2024
Before joining Shellpoint, Keaton held several executive-level roles at Resurgent Capital Services between 2002 and 2012, including VP of Mortgage Servicing and Recovery. Keaton: I’d like to see us continue to modernize the process of obtaining a loan modification. And they want to do it in 30 seconds or less!
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