Appraisal Buzz

FEBRUARY 3, 2025

In 1986, five years after the launch of the first space shuttle, Fannie Mae and Freddie Mac introduced the Uniform Residential Appraisal Report (URAR) form. Residential appraisers still use this form, albeit with some minor modifications, to this day. These alterations align more closely with appraisal methodology.

Valuation 388

Valuation Appraisal Real Estate Architecture 388

Housing Wire

OCTOBER 22, 2021

The appraisal industry’s lack of diversity — in terms of age, gender and ethnicity — and the growing number of appraisers exiting the profession as they reach retirement age have been well-documented issues. Data from the Appraisal Institute reveals there are around 78,000 active real estate appraisers in the U.S.

Appraisal 397

Appraisal Real Estate Valuation 397

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

Business 394

Business Appraisal Real Estate Agent Lending 394

Appraisal Buzz

NOVEMBER 15, 2021

Matt Simmons has been busy with his sixth edition of “Random Thoughts of an Appraiser!” There are plenty of times where appraisers have collectively had thoughts or concepts that can be communicated and/or questioned in a sentence and don’t need a dedicated article. Matt’s random thoughts are strictly for your entertainment.

Appraisal 435

Appraisal Valuation Finance Clients 435

Appraisal Buzz

APRIL 8, 2024

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

Technology 418

Technology Appraisal Valuation Supply Chain 418

Appraisal Buzz

DECEMBER 30, 2024

This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. Its full of super helpful articles, guides and calculatorsbasically everything you need to make confident decisions and reach your home goals.

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

Appraisal 448

Appraisal Appraisal Process Valuation Technology 448

Housing Wire

OCTOBER 21, 2021

During a panel on residential appraisals, experts posed technology as a way to make appraisals more efficient and less subjective, as regulators take steps to understand and counteract bias. But tech adoption in appraisal might face an uphill climb. “Appraisers are not PhDs in mathematics,” Radke said.

Appraisal 370

Appraisal Technology Mortgage Valuation 370

Housing Wire

JUNE 15, 2021

This is Part II of HousingWire’s deep dive into the appraisal profession, and the wave of racial bias claims that has rocked it. In Part I, we looked at the origins of the profession, its present demographic makeup and leadership, and the many struggles of appraisers. They do not. Start an HW+ Membership now for less than $1 a day.

Appraisal 370

Appraisal Development Valuation Real Estate 370

Cleveland Appraisal Blog

OCTOBER 27, 2022

Are you anticipating having your home appraised? While she is not an appraiser, I am, and I agree that these things can help! When selling or refinancing a house, an appraisal is typically necessary. When selling or refinancing a house, an appraisal is typically necessary. How can you prepare for the inspection?

Appraisal 389

Appraisal Inspection Buyers Advertising 389

Appraisal Buzz

APRIL 18, 2022

This article was first published in the Appraisal Buzz Magazine. We are asking for submissions about your wildest appraisal stories! All the way from haunted encounters to animals that have been (unexpectedly) stumbled upon – Share with us and you could be featured in our Fall 2022 Appraisal Buzz Magazine. That’s when.

Appraisal 413

Appraisal Business Retail Inspection 413

Appraisal Buzz

OCTOBER 18, 2021

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession?

Modernization 370

Modernization Valuation Appraisal Training 370

Appraisal Buzz

MAY 10, 2021

Appraisers are paid for their opinion. Because of that, we’ve modified the Appraisal Buzz website to give appraisers a playground for open discussion. If you haven’t had a chance yet to check it out, take some time to hit us with your opinions in the Appraisal Buzz forum. We’d love to help you get signed on.

Appraisal 369

Appraisal Valuation Inspection Mortgage 369

Housing Wire

OCTOBER 29, 2021

JPMorgan Chase recently donated $3 million to the Appraiser Diversity Initiative , putting its financial support behind a growing movement to bring more diversity to the residential appraisal field. In addition to driving sustainable homeownership, we’re working with our partners to root out bias in the residential appraisal process.

Appraisal 370

Appraisal Appraisal Process Training Lending 370

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

They were one of the original forms of animation according to that article. APPRAISAL REPORTS. Have you ever read a real estate appraisal report? Have you ever read a real estate appraisal report? Each section should contribute a little to the overall story of the value of the home being appraised. NEIGHBORHOOD.

Appraisal 346

Appraisal Market Value Development Clients 346

Appraisal Buzz

SEPTEMBER 16, 2024

Imagine completing your appraisals in less time, with twice the accuracy, and opening doors to new lucrative markets—that’s the power of AI in the appraisal industry. Artificial intelligence is revolutionizing the appraisal industry, dramatically enhancing productivity, accuracy, and revenue streams.

Appraisal 363

Appraisal Training Agents Human Resources 363

Housing Wire

FEBRUARY 9, 2023

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. The Maryland-headquartered Appraisal Buzz sends out newsletters two times a week, featuring articles and submissions from industry leaders, according to its website.

Valuation 370

Valuation Appraisal Training Real Estate 370

Housing Wire

OCTOBER 29, 2021

Tech-forward appraisal firms have long hoped regulators would look favorably on hybrid and remote appraisals conducted with third-party data providers. Covid-19 gave alternative appraisal processes a foot in the door. But the regulator did not greenlight hybrid appraisals, which rely on third-party data providers.

Appraisal 370

Appraisal Valuation Appraisal Process Government 370

Appraisal Buzz

MARCH 24, 2025

Measuring and analyzing changes in market conditions are critical and fundamental elements in real estate appraisal. This is simply because such a value conclusion has as its base a specific date in time, the effective date of appraisal. However, this raises the question of which time period should the appraiser measure?

Contracts 284

Contracts Appraisal Real Estate Marketing 284

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. An appraiser may miss that sale through no fault of their own.

Agents 378

Agents Appraisal Renovations Development 378

Cleveland Appraisal Blog

JUNE 18, 2022

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

Appraisal 312

Appraisal Law Development Valuation 312

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Not professional appraisers. Appraisers will provide market trends for the properties that compete with the property being appraised.

Appraisal 358

Appraisal Market Value Legal Property Appraisal 358

Appraisal Buzz

OCTOBER 27, 2021

“A New Appraiser Discusses his Journey into the Industry” was originally published in May 2021. In this Buzzcast, we have Marcus Knight, a recently licensed appraiser diving into his firsthand account with the Appraiser Diversity Initiative (ADI) by Fannie Mae and the challenges facing trainee appraisers today.

Appraisal 358

Appraisal Inspection Real Estate Development 358

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. This is an important question to answer when appraising a property. Thanks for being here!

Appraisal 283

Appraisal Development Market Value Tenants 283

Appraisal Buzz

JANUARY 16, 2025

This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. The post Meeting Renters Where They Are appeared first on Appraisal Buzz. Whether starting a job in a new city or accommodating a growing family, leaving one home for another can be an exciting and at times stressful process.

Tenants 397

Tenants Property Management Landlords Modernization 397

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 347

Modernization Appraisal HOA Valuation 347

Appraisal Buzz

FEBRUARY 17, 2025

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! Read all these articles and more in the latest edition HERE.

Legal 243

Legal Appraisal Easement Valuation 243

Housing Wire

NOVEMBER 5, 2021

There are two significant issues in our industry right now — appraisal bias and origination volume. Both of these issues accelerate the importance of appraisal modernization. What is appraisal modernization? Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Become a member today.

Appraisal 284

Appraisal Modernization Technology Development 284

Appraisal Buzz

MARCH 3, 2025

This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Choosing the Right Appraiser Matters Working with the right appraiser who has experience with ADUs and their complexities also is key. The appraiser also must have a knowledge of comparable sales requirements.

Construction 248

Construction Appraisal Legal HOA 248

Appraisal Buzz

SEPTEMBER 5, 2022

This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” The Recent History of Appraisal Revisions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Housing Wire

SEPTEMBER 28, 2021

A Fannie Mae official Monday questioned the role of appraisal management companies, or “AMCs,” in evaluating houses. “We Perhaps AMCs can streamline the appraisal process, said Radke at a panel on the future of valuations, which happened to include Martin Froehlich, chief appraiser of AMC Nationwide Appraisal Network.

Valuation 448

Valuation Appraisal Process Appraisal Government 448

Cleveland Appraisal Blog

MAY 26, 2023

Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal. That’s right!

Appraisal 305

Appraisal Real Estate Agent Real Estate Valuation 305

Housing Wire

JUNE 14, 2021

This is Part I of a deep dive into the home appraisal industry, which has faced a growing number of claims of racial bias. Today we explore the origins of the appraisal industry and its current lack of diversity. In Part II, we will examine what hard evidence of bias exists, and the assumptions behind home appraising.

Appraisal 482

Appraisal Real Estate Valuation Legal 482

Housing Wire

MAY 7, 2024

Describing reverse mortgages as originating in 1961 before coming to greater prominence through the establishment of the HECM program during the Reagan administration, one of two recent NAR articles dealing with reverse mortgage-related subject matter stated that home sales and purchases are becoming a more common topic within HECM circles.

Mortgage 468

Mortgage Real Estate Agent Inventory Housing Market 468

Appraisal Buzz

AUGUST 12, 2024

This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. How will lenders order appraisals without standard form numbers?

Appraisal 370

Appraisal Inspection Lending Training 370

Cleveland Appraisal Blog

MAY 17, 2024

If you find yourself in this situation, this article will provide you with a guide that may be helpful to you. I hope you enjoy her article! This post from Aspen Appraisal Services will provide all of the information you need to start planning your home renovation. You can also listen right here on the Cleveland Appraisal Blog!

Renovations 327

Renovations Appraisal Logistics Decorating 327

Miller Samuel

FEBRUARY 15, 2025

Here is their summary article covering our market reports and the podcast interview. 27Speaks Taking the Pulse of Hamptons Real Estate The post 27Speaks Podcast Taking the Pulse of Hamptons Real Estate first appeared on Miller Samuel Real Estate Appraisers & Consultants.

Real Estate 195

Real Estate Housing Market Appraisal Marketing 195