George Dell
NOVEMBER 30, 2022
The current excess of appraisers is the inevitable result of cyclical forces. The ups and downs persist due to the interaction of the five forces of friction: practices, standards, education, regulation, and client expectation. These five frictions reinforce and shield each other. They tag-team a rampart against risk/valuation reform, bank safety, and movement toward unbiased […].
Housing Wire
DECEMBER 1, 2022
Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. “Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.
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Sacramento Appraisal Blog
NOVEMBER 29, 2022
It’ll get worse before it gets better. That’s pretty much true in lots of ways in life. Going through the teenage years, recovering from injury, remodeling a kitchen… and enduring a housing downturn. Today I have a few things to share, and I hope this will be helpful (especially #3 as you look to 2023). […]. The post The housing market will get worse before it gets better first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
The Appraiser Coach
NOVEMBER 29, 2022
I’ve been known to talk a lot about preparing for the unpredictable. A while back someone asked me a question about it. In essence their question was, “Dustin, how can. Read More.
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Eyes on Housing
DECEMBER 1, 2022
Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that the multifamily market remained strong during the second quarter of 2022 due to high demand. With low single-family housing supply and increased unaffordability of for-sale housing, many would-be buyers have turned to or remained in the multifamily rental market.
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Padove Appraisal Service
NOVEMBER 27, 2022
Residential markets in Philadelphia, PA and its surrounding suburbs tend to be more conservative. Our local market has seen its share of price increases over the past couple of years however, at a lower rate than other parts of the country. We are not insulated from downward market conditions, but a more controlled upswing often translates into a less severe downswing.
DW Slater Company
NOVEMBER 30, 2022
“A fallen leaf is nothing more than a summer’s wave goodbye.”-Unknown. Here in North Texas, we are finally starting to see the leaves turning colors and begin falling. It’s pretty but doesn’t last long and soon we will enter the bleak and gray winter months. I tend to make a comparison of the seasons with the housing market but it often works in tandem.
Eyes on Housing
NOVEMBER 29, 2022
Home prices declined for the third straight month in September as the housing market continues to cool. In September, all 20 metro areas experienced negative home price appreciation. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, fell at a seasonally adjusted annual growth rate of 8.7% in September, following a 6.4% decline in.
Housing Wire
DECEMBER 2, 2022
The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. However, the way the day ended showed that change is coming. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look diffe
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Appraisal Today
DECEMBER 2, 2022
NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”.
McKissock
DECEMBER 2, 2022
There are many reasons people choose to launch a career in real estate appraisal—including the potential to earn a high income, opportunity to work flexible hours, and low start-up costs compared to other small businesses, to name a few. Are you interested in starting an appraisal career? Or perhaps you’re a licensed appraisal trainee eager to upgrade your license and advance your career as quickly as possible?
Eyes on Housing
NOVEMBER 28, 2022
Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer decreased in 2021. For 2021, most new single-family homes were built without a two-story foyer nationally and regionally. According to the Census, a two-story foyer is defined as the entranceway inside the front door of.
Housing Wire
DECEMBER 1, 2022
Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday. One of the biggest benefits for Hitch users is speed, the company said.
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Empire Appraisal Group
DECEMBER 1, 2022
Buyers Waited for Falling Prices? Big Mistake. Source: Buyers Waited for Falling Prices? Big Mistake | Florida Realtors. Some buyers waited for bargain homes that appeared after the Great Recession – but to counter higher mortgage rates, year-to-year prices have to drop 45%. CHICAGO – Despite slowing or falling home prices, rising mortgage rates are responsible for many first-time buyers still finding homes unaffordable.
GoForrmz
DECEMBER 1, 2022
Nobody said HR functions were easy, but they can be well-managed Human resources teams have their work cut out for them. They’re about more than just filling out an employee evaluations form , though that’s a distinctive part of what they do. HR professionals are about creating and maintaining a company culture, all the way from an employee’s point of hire to their retirement.
Eyes on Housing
DECEMBER 2, 2022
In November, job growth slowed slightly from the previous month but still showed strength despite tight monetary policy. The unemployment rate was unchanged at 3.7% in November as the number of persons in the labor force decreased for the third straight month. Total nonfarm payroll employment increased by 263,000 in November, following a gain of 284,000 in October, as reported.
Housing Wire
DECEMBER 2, 2022
Defying economists’ expectations, job growth remained strong in November. Total nonfarm payroll employment rose by 263,000 jobs from October , according to data released Friday by the Bureau of Labor Statistics. So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. Even as the number of jobs continued to rise in November, unemployment remained unchanged from a month prior, holding steady at 3.7%, with 6.0 million persons unemployed.
BiggerPockets
NOVEMBER 30, 2022
If you are looking for a tactical investing roadmap on what medium-term rentals are and how to get started right away, 30-Day Stay: The Real Estate Investor’s Guide to Mastering […].
GoForrmz
NOVEMBER 30, 2022
Plan your holiday party with GoFormz ‘Tis the season and we’re here to spread holiday cheer! GoFormz is the all-in-one digital form platform that makes planning your company’s holiday party a breeze. Whether or not you already use GoFormz, it's easy to create and send forms that cover all the party basics. From sign-in sheets to gift raffles, GoFormz has you covered.
Eyes on Housing
DECEMBER 1, 2022
Private residential construction spending declined 0.3% in October, as spending on single-family construction dropped 2.6%. Private residential construction spending fell for the fifth consecutive month, standing at an annual pace of $887.2 billion. This was about 8.6% higher compared to a year ago. The monthly decline is largely attributed to lower spending on single-family construction.
Housing Wire
DECEMBER 1, 2022
Wells Fargo , the largest depository mortgage lender in America, cut hundreds of home lending jobs across the country on Thursday. Bloomberg first reported the news of the layoff, which is just the latest round of cuts for a lender that’s been open about its retreat from the upper echelon of the mortgage rankings. The company declined to state how many jobs were shed on Thursday.
Lamacchia Realty
DECEMBER 2, 2022
Elissa Comeau and Matthew Jette of The Balestracci Group have officially qualified for the 2022 Lamacchia Realty President’s Club by closing on 99 transactions as a team this year! Led by Mark Balestracci , this group of talented REALTORS® joined forces with Lamacchia back in March of 2022 and rose to the top very quickly! In their first year with Lamacchia Realty, they were listed multiple times in the Top 10 throughout the company and Top 5 in the Worcester office , most recently in Octo
GoForrmz
NOVEMBER 29, 2022
Customer feedback is the driving force behind the success of SaaS platforms SaaS continues to be an evolving and ever-growing space with new startups and competitors joining the market every year. With goals and aspirations to be the best SaaS platform, every SaaS company looks to provide the best product for their customers in a highly competitive market – which can be difficult with the continuously growing marketplace.
Eyes on Housing
DECEMBER 1, 2022
Residential construction loan volume reached a post-Great Recession high during the third quarter of 2022, as home building activity and new home sales remained weak. Outstanding builder loan balances are rising as development debt is being held longer as new homes remain in inventory longer. Loan balances will decline in coming quarters as the development loan market becomes more costly.
Housing Wire
DECEMBER 1, 2022
Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Real-time data from Polly’s cloud-native Product and Pricing Engine (PPE) will feed into Mortgage Coach Total Cost Analysis (TCA) presentations through this integration, providing home loan comparisons for borrowers.
Lamacchia Realty
DECEMBER 2, 2022
Lamacchia Realty has once again been named one of the Top Places to Work in Massachusetts in the 15th annual employee-based survey project from The Boston Globe. This is the second time the company has been honored. Lamacchia Realty was ranked #2 in the small employer category. In 2021 the company ranked #4. On Wednesday, November 30th, awards were given at the annual Boston Globe Top Places to Work 2022 Celebration.
GoForrmz
NOVEMBER 28, 2022
Solve repetitive business tasks with automation using GoFormz Workflows Is your workday filled with repetitive tasks like data entry, file sorting, and paperwork processing? Good news, there’s an easier way! For everyone who faces form-based data capture, GoFormz offers Workflows to automate your daily tasks, send your data where it needs to be, and even sort all your completed forms to designated cloud storage platforms.
Eyes on Housing
NOVEMBER 30, 2022
The count of open, unfilled jobs for the overall economy declined in October, falling from 10.7 million open positions to 10.3 million. This represents a small decrease from a year ago (11.1 million), a sign the labor market is slowing in response to tighter monetary policy. The degree of this slowing will be critical for a potential downshift in the.
Housing Wire
NOVEMBER 30, 2022
Borrower Digital is Black Knight’s point-of-sale (POS) solution that is built using responsive-design to be used easily from any web-enabled device. The solution leverages the power of innovative, integrated technologies to not only simplify the mortgage application and approval process for borrowers, but also to improve the backend process for loan officers.
Lamacchia Realty
DECEMBER 2, 2022
Mark Balestracci has officially qualified for the 2022 President’s Club ELITE with his team by surpassing 99 transactions as a group this year! Being a team lead for The Balestracci Group , he had to achieve an even higher level of sales in order to qualify. For over two decades, Mark has been named one of the top REALTORS® throughout Worcester County.
BiggerPockets
NOVEMBER 26, 2022
“Far more money has been lost by investors trying to anticipate corrections than lost in the corrections themselves.” – Peter Lynch I’ll be honest. I went back and forth about writing […].
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