article thumbnail

Opinion: FHA should lower Mortgage Insurance Premium

Housing Wire

In fact since 2013, as reported in the FHA report to Congress, the average home in America has risen in value by 79.09%. First, severity risk is entirely different versus the Great Recession as home prices have risen dramatically versus the declines that happened from the 2008 recession.

Insurance 418
article thumbnail

Appraising Unique Properties

Appraisal Today

If they don’t hit the sales price by bracketing, they will throw out a lower sale and go get a higher one. average expected across 2024 by year-end, but still well above the 4% historical average recorded from 2013 to 2019. They started with a Template and Auto Adjustment. I was trained to do 3 per day.