Appraiserblogs

NOVEMBER 7, 2023

Could it be because of the racial bias complaint filed against me by an unhappy Seller… Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. So what’s caused the sudden loss of income?

Sellers 133

Sellers Valuation Law Contracts 133

Appraisal Today

JULY 14, 2023

No (or Limited) Discrimination Coverage This one is a problem that has only developed recently — within the last two years — as more and more appraisers are facing discrimination complaints and claims. percent, a record high for the jumbo series, which dates back to 2011.” The average contract interest rate for 5/1 ARMs increased to 6.24

Tools 78

Tools Appraisal Insurance Contracts 78

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. You can see this is the second year in a row that sales have been down since the 2020 COVID market, but now in 2023, sales are the lowest they’ve been since 2011.

Inventory 55

Inventory Sellers Buyers Contracts 55

Appraisal Today

JULY 19, 2024

I have seen specific streets in developed cities without public sewers. Known as Constellation 167, this visually arresting home was completed in 1992 and restored by its current owner between 2011 and 2014. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.75 percent from 7.00

Appraisal 79

Appraisal Insurance Contracts Business 79

Appraisal Today

JUNE 17, 2022

It did not even though many lots nearby were developed. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.98

Appraisal 63

Appraisal Contracts Design Mortgage 63

Will Springer Realtor

DECEMBER 14, 2021

The rise in personal income continues to fall further behind the rate of home-price increases, which, according to the Northwest Multiple Listing Service, have climbed 50% in just five years for all home types and 156% – well more than doubled – since November 2011 ($292,500). from the same time in 2020 and a low not seen since 2011.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. “Family friendliness” remains a prime focus for developers of master-planned communities, but a new survey indicates health & wellness amenities are becoming increasingly important. in the last 12 months. LIFESTYLE CHANGE.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. A little more than a third of inventory is under contract. drop ($677,475).

Inventory 36

Inventory Supply Chain Construction Buyers 36

Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. That’s up from 36% of sales in 2022 but far from the peak this century of 45% in 2011, according to ATTOM. >>

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. UPDATE: This home is now under contract, pending inspection. Click here for the full monthly report. CONDO NEWS.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 13, 2022

In his estimate: “Homebuilding’s going to contract.”. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier. Homes are going under contract at a median of 15 days, 10 fewer days from three years ago. Making matters worse are the challenges facing building developers today.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Spire was Seattle’s fastest-selling condominium development in 2021, now with a little more than half of all units sold.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

OCTOBER 8, 2021

As part of the project, developers are sketching out plans for a pair of office towers at least 41 stories tall on a 4.6-acre Among the 389 units, 16 are actively for sale, six are under contract and another 43 homes have sold so far in 2021. Amid increased demand for office leases in Bellevue, plans for more space are on the horizon.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Housing Wire

JANUARY 11, 2022

President Biden tasked the Department of Housing and Urban Development with leading an interagency task force — of which FHFA is a member — to make policy recommendations to combat bias in appraisals. Appraisal reports have been in digital form since 2011. The task force’s report is expected early this year.

Appraisal 418

Appraisal Training Real Estate Appraisal Process 418

Housing Wire

DECEMBER 23, 2021

The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said. But The Real Deal article also reported that in 2011 three of the biggest U.S. One part of that $42 million is Homesnap Pro contracts with MLSs.

Brokerage 434

Brokerage Real Estate Agents Real Estate Agent 434

Will Springer Realtor

JUNE 11, 2024

Developing interest from real estate movers and shakers for a high-risk facelift will be a great challenge amid rising financing and construction costs. The business group describes our area’s varied development mix, which also includes stadiums, music venues and restaurants, as akin to having a “diverse stock portfolio.”

Real Estate 36

Real Estate Construction Buyers Sellers 36

Houston Properties

MAY 16, 2022

In a study conducted by Houston Properties, only about 40 properties were sold under this category back in 2011, but that number has tripled just last year. The Texas Farms and Ranch Lands Conservation Program (TFRLCP) also provides grants to private landowners who protect their land from developments.

Marketing 36

Marketing Real Estate Buyers Realtors 36

Will Springer Realtor

JUNE 9, 2023

They found that the number of households headed by 25- to 34-year-olds grew by 300,000 per year in 2016-2021, up sharply from an average annual growth of 45,000 households between 2011 and 2016, a difference of 260,000 additional households per year. We need every market-rate and affordable home that developers can produce.

Buyers 36

Buyers Transportation Housing Market Law 36