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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

Although housing inventory is beginning to increase, demand continues to exceed supply even as mortgage rates have spiked,” Mike Frantantoni, the Mortgage Bankers Association’s SVP, said in a statement. from June 2021, when 297,600 workers were employed at mortgage banking firms. higher than its pre-pandemic level.

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From Industrial to Retail: A Deep Dive into Evaluating Commercial Real Estate

The Robert Weiler Company

NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease.

Retail 158
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An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon

Housing Wire

The first is the overall business transformation that’s taking place in the mortgage industry. These conditions are challenging for even the average homebuyer, let alone low-income and minority buyers. We’re seeing new energy and new initiatives in this area at many mortgage and housing agencies. Because I am.

Lending 388
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Increase in COVID cases holding back employment numbers

Housing Wire

Private employment gains were largely driven by some of the industries hit hardest by the pandemic – with rises in transportation and warehousing (+145,000) and professional and business services (+60,000), as well as an increased demand for those in the health care sector (+104,000). census count. census count.

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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. From 2017 through at least 2020, City National avoided marketing and underwriting mortgages in majority-Black and Hispanic neighborhoods. Varies widely around the country. == Mortgage applications increased 7.0

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Mortgage rates were 18%+. By Dallas T. I worked for an assessor’s office then.

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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century. Call to Action.