Housing Wire
FEBRUARY 12, 2021
Fannie Mae, the largest mortgage financier in the U.S., said Friday that its net income in the fourth quarter of 2020 checked in at $4.6 billion – up 8% from the third quarter. The government-sponsored entity’s total net income for the full year was $11.8 billion, and executives on Friday’s earnings call spoke enthusiastically about an eventual exit from forbearance.
Miller Samuel
FEBRUARY 9, 2021
I met Rich Barton, Zillow CEO , at an Inman/Curbed party held during an Inman conference in Manhattan a long time ago, the evening before Zillow’s launch. I asked Rich, a very nice and fascinating person, what he did for a living, not realizing he was the co-founder of Expedia. Ugh. He also said they were launching their latest effort the following morning – a web site called “Zillow,” and he added “as in rhymes with pillow” to the description.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Realtor
FEBRUARY 11, 2021
marchmeena29/Getty Images It’s a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. But that doesn’t mean buying is always the best choice—as a renter, you enjoy more flexibility and avoid many of the costs that come with homeownership.
Cleveland Appraisal Blog
FEBRUARY 17, 2021
As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. It should be no surprise that assessed home and land values are increasing. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods.
DataMaster
FEBRUARY 25, 2021
Millennial Homebuyers Rule 2021. Millennials are Different Than Their Predecessors. Millennial homebuyers are the largest homebuying group in the United States. That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! After all, if you’re in one of the older generations (the often ignored Gen X; the second-largest home-buying group, the Baby Boomers; the Greatest G
Yolo Solano Appraisal Blog
FEBRUARY 25, 2021
Are you familiar with the Freddie Mac House Price Index? Go take a peek. Freddie Mac House Price Index The FMHPI is your friend. The index reports monthly change in house prices for national, state, and metropolitan statistical areas (MSAs). The data series starts with January, 1975 and usually runs two to three months behind […].
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Miller Samuel
FEBRUARY 24, 2021
As I've chronicled in the Appraiserville section of my Housing Notes newsletter since 2016, the scale of bureaucratic self-dealing of the executive committee and some members of the board of directors is breathtaking. Over the past decade or more, AI National has been able to keep a lid on the membership backlash by threatening to remove a member's credentials for speaking out.
Genworth MI Blog
FEBRUARY 18, 2021
A version of this post originally appeared in the December edition of Scotsman Guide. . Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will worn carpeting hurt my value? Will the appraiser look in my closets? Should I follow the appraiser and point things out?
Cleveland Appraisal Blog
FEBRUARY 4, 2021
On Tuesday of this week, Punxsutawney Phil saw his shadow. Therefore, we have six more weeks of winter weather, by some predictions. Somehow, I feel like six more weeks of winter is a given. Especially in Northeast Ohio. How accurate are weather predictions made by folks who try to base future weather patterns on whether this little critter sees his shadow?
Appraiserblogs
FEBRUARY 26, 2021
As I’ve chronicled in the Appraiserville section of my Housing Notes newsletter since 2016, the scale of Appraisal Institute bureaucratic self-dealing of the executive committee and some members of the AI Board of Directors is breathtaking. Over the past decade or more, AI National has been able to keep a lid on the membership backlash by threatening to remove a member’s credentials for speaking out.
Midtown Appraisal Group
FEBRUARY 1, 2021
Residential appraisals are more straightforward than you think You’ve sold your house, but your offer is conditional upon an appraisal by the bank. What does this mean? The buyers of your home have applied for a mortgage from a bank, with the house used as collateral. The bank gets an appraisal to ensure that there’s […].
Housing Wire
FEBRUARY 4, 2021
There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Of course, nothing’s impossible. If buying a home is on your radar for 2021, there are still ways to do it. You’ll just need a little forethought and some good old creativity, and the American Dream could very well be within reach.
Yolo Solano Appraisal Blog
FEBRUARY 8, 2021
Economist Timothy Taylor posted a discussion about hourly wages recently that had a section that sounded very familiar. Here’s the quote that caught my eye: “You will sometimes hear statistics people talk about a ‘composition effect,’ which just means that if you are comparing a group over time, you need to beware of the possibility […].
JMV Lending
FEBRUARY 3, 2021
The shortage of qualified appraisers is worse than ever for several reasons: Demand exceeds supply. The continued surge in both refinance and purchase transactions has created a situation where the demand for appraisers far exceeds the supply. COVID concerns. B/c of COVID concerns, many appraisers are justifiably reluctant to accept orders requiring physical (interior) inspections. […].
Simonson Real Estate
FEBRUARY 26, 2021
Simonson Appraisals had a unique opportunity to do a deep dive in 2020 to develop an understanding of the impact of multiple factors affecting the Minneapolis apartment market. Our firm appraised a portfolio of apartment buildings in the Loring Park neighborhood in March 2020 two weeks after COVID-19 was announced as a global health pandemic. We provided additional services six months later in October 2020.
Appraiserblogs
FEBRUARY 24, 2021
If we value higher, what about affordability?… A great deal of economic, social, and political talk has been around affordability of housing. To explore this topic, it may be helpful to ask some questions. Good policy starts with the right questions. In simplest terms, some people have the resources to have nice homes in nice neighborhoods, others have just tolerable homes for shelter.
Midtown Appraisal Group
FEBRUARY 23, 2021
If you’re like many Canadians, you’ve grown up thinking that one day, you’d be buying your own home. It seems like a pretty normal thing to do – until you’re actually doing it for the first time, yourself.
Housing Wire
FEBRUARY 3, 2021
Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. Such a scenario illustrates the growing disparities in the U.S. housing market. As one struggling group of homeowners braces for the end of forbearance and navigates COVID-19-related economic shocks, another segment is better positioned than ever to scoop up properties that become available.
McKissock
FEBRUARY 16, 2021
Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? What information do you need when appraising industrial and flex buildings ? Below, we explain the primary reasons for these types of appraisal assignments and provide punch lists of the items that you should acquire for appraisal purposes. Reasons for engagement.
DW Slater Company
FEBRUARY 16, 2021
Our offices are currently closed as we are experiencing a Texas weather emergency. The power grid in Texas was not prepared for the cold weather we have been experiencing. Our office has been without power since yesterday, (Monday) 6:30 am. Temperatures dropped to – 6 degrees last night. There are outages as well as rolling outages. Road conditions are treacherous and we have more snow forecasted for tonight and tomorrow.
BiggerPockets
FEBRUARY 25, 2021
Mobile home parks are big investments—and real estate investors must ensure the park is a good fit. Consider these criteria before buying.
Annarbor Appraisal
FEBRUARY 26, 2021
A bit of color in some charts for your reading pleasure. This information is from the Ann Arbor Area Board of Realtors MLS run on a monthly basis, and includes all the Ann Arbor school district, single family detached housing only, no new construction or to be built, no condominium units. Data tracks from 1/1/19 forward and it includes several things that we watch as appraisers.
DataMaster
FEBRUARY 25, 2021
Millennial Homebuyers Rule 2021 Millennials are Different Than Their Predecessors Millennial homebuyers are the largest homebuying group in the United States. That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! After all, if you’re in one of the older generations (the often ignored Gen X; the second-largest home-buying group, the Baby Boomers; the Greatest Gen
Housing Wire
FEBRUARY 8, 2021
Following two months of steady declines, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, rose in January. The HSPI rose 3.7 points last month to 77.7. Though it’s undoubtedly a positive sign, the HPSI has yet to recover to pre-pandemic levels and is still down 15.3 points year over year.
McKissock
FEBRUARY 16, 2021
Every homebuyer is different, just as every home buying experience is different. Each of your clients will have their own set of likes and dislikes. As a real estate professional, you should know how to tailor your approaches and strategies to suit your client’s wishes. Categorizing your client based on their motivations for buying is one of the best ways to help them find their dream home.
Genworth MI Blog
FEBRUARY 18, 2021
A version of this post originally appeared in the December edition of Scotsman Guide. . Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will worn carpeting hurt my value? Will the appraiser look in my closets? Should I follow the appraiser and point things out?
BiggerPockets
FEBRUARY 22, 2021
In 2021, more of us than ever are working remote. But staying productive in the home office isn't always easy. Here, 9 pro tips to win at working from home.
Realtor
FEBRUARY 11, 2021
marchmeena29/Getty Images It’s a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. But that doesn’t mean buying is always the best choice—as a renter, you enjoy more flexibility and avoid many of the costs that come with homeownership.
DataMaster
FEBRUARY 25, 2021
Millennial Homebuyers Rule 2021. Millennials are Different Than Their Predecessors. Millennial homebuyers are the largest homebuying group in the United States. That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! After all, if you’re in one of the older generations (the often ignored Gen X; the second-largest home-buying group, the Baby Boomers; the Greatest G
Housing Wire
FEBRUARY 1, 2021
United Wholesale Mortgage , now a publicly traded company, will return to the Super Bowl this year. The wholesale lender will be running a new Super Bowl commercial spotlighting independent mortgage brokers and its website FindAMortgageBroker.com for a second straight year. See the video below: “We will always find ways to elevate and shine a light on independent mortgage brokers, and what better way to do this than during the Super Bowl where millions of Americans are tuned in to watch the game
McKissock
FEBRUARY 5, 2021
Career satisfaction among real estate appraisers is significantly higher than the national average. Why are appraisers generally happy in their careers? Are some appraisers happier than others? Is income satisfaction as high as job satisfaction? Here, we address these questions and give a glimpse into survey data reported in the 2020-2021 Appraisal Income Guide.
Riverfront Appraisals
FEBRUARY 5, 2021
Welcome back, friends! This post is part two of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one, go back and read all about the Final Inspection process here. In this blog post, we’re going to give you an appraiser’s perspective on unique homes, and […]. The post The Loan Officer’s Guide to Appraisals Part 2: Lending on Unique Homes appeared first on Riverfront Appraisals.
BiggerPockets
FEBRUARY 22, 2021
Electing to tax your LLC as a S corp can lead to big tax breaks—but there are drawbacks, too. Read on to learn about the pros and cons.
Listing Spark
FEBRUARY 24, 2021
Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. In fact it’s been quite the opposite. We are still seeing historically crazy numbers across the board. Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market.
Expert insights. Personalized for you.
545 
Let's personalize your content