Miller Samuel
MAY 3, 2020
If you can indulge me, I was included in the ABC World News Tonight broadcast on Saturday night to talk about the potential urban to suburban housing shift , particularly in NYC. It was cool to be interviewed by Deirdre Bolton for her first World News Tonight segment since just joining ABC via Fox Business and previously from Bloomberg where I had spoken with her before.
Houston Properties
MAY 6, 2020
How To Sell Your House Fast For The Most Money. A home seller guide from the number one Realtor in Houston. Summary. Houston Properties Team listings sell for 7.2% more and for 43.7% faster than average. We’re able to accomplish this because we know what it takes to be able to sell your Houston home fast and for more money. We’ve gained experience as the #1 boutique real estate team in Houston, and have gathered data from our database of 30,000 buyers.
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Rowe Appraisal Group
MAY 6, 2020
Real estate agents and appraisers alike often struggle to define the architectural style for unusual or unique properties. Have you ever gotten a new listing, took one look and started scratching your head and asking yourself how you are going to describe this to prospective clients? Even more basic properties can present a conundrum when they nod to more than one typical style.
REX Real Estate
MAY 7, 2020
Buying a home can be both joyous and overwhelming – sometimes at the same…
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Miller Samuel
MAY 7, 2020
In this Sunday's New York Times Real Estate Section ( online now ), the Calculator column featured some data trends I've gathered during two significant prior housing market events: What Can 9/11 and the Great Recession Tell Us About Coronavirus Recovery?
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Rowe Appraisal Group
MAY 6, 2020
Often before a property is purchased using a loan from a mortgage company, it must be appraised and inspected. Many homeowners confuse the appraisal inspection and the home inspection and ask me what the difference is. Here are some of the main ways that appraisals and home inspections are different and also overlap. Different End Goals: Value vs. Condition The main thing to know is a real estate appraiser’s focus is on determining the value of the home and those factors that will influence th
Rowe Appraisal Group
MAY 6, 2020
This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. If this has happened to you, first and foremost: I feel your pain! You are thinking to yourself, “If I have 4 different buyers willing to pay $400,000, how could the appraiser say that it is only worth $390,000?
Rowe Appraisal Group
MAY 6, 2020
Ryan Lundquist of Sacramento Appraisal Group wrote a great post explaining economies of scale and how we run into instances all the time in our lives of something small costing more than a larger amount of the same thing. The Starbucks coffee analogy he employs is such a great illustration and I highly recommend checking his article out here ( [link] ) The surprising thing Ryan pointed out, though, is that we often ignore these economies of scale when we make assumptions about the price per squa
Rowe Appraisal Group
MAY 6, 2020
I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc. In the coming months, I will be unpacking each of these topics and going into more detail about each of the items shown in the “flowchart” to “pull back the curtain” in an effort to educate the consumer on the ap
Speaker: Dylan Secrest
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Rowe Appraisal Group
MAY 6, 2020
Glenview homeowner sues Zillow over ‘sloppy’ estimate In 2014, I wrote a blog post about Zillow and I decided it’s time to turn my attention back to this again. Today, Zillow is still very much in the news and a big player in the world of home values. What caught my eye in 2014 was a blog post written by another appraiser in Philadelphia (Michael Coyle of The Coyle Group) who had compared 20 of his company’s appraisal values to Zillow’s value estimate (with similar results
Rowe Appraisal Group
MAY 6, 2020
I wanted to share a quick insight into what I see in the northwest suburbs as a bifurcated housing market. The upper end of the market* appears to be oversupplied while the lower end** is in balance and getting close to being undersupplied or having a shortage of inventory. The following charts illustrate this point. I looked at 3 northwest Chicago suburbs (Park Ridge, Glenview, and Northbrook).
Rowe Appraisal Group
MAY 6, 2020
During a conversation with a real estate agent, I was asked how we support time adjustments when a market is hot and prices are increasing. I started to explain how we use InfoSparks how it is a valuable tool for me as an appraiser. It allows me to look at different segments of the market very quickly and then use that information in my reports by depicting the trends graphically with charts.
Rowe Appraisal Group
MAY 6, 2020
Real estate agents and appraisers alike often struggle to define the architectural style for unusual or unique properties. Have you ever gotten a new listing, took one look and started scratching your head and asking yourself how you are going to describe this to prospective clients? Even more basic properties can present a conundrum when they nod to more than one typical style.
Advertiser: Trellis
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Rowe Appraisal Group
MAY 6, 2020
I love when I have the opportunity to meet the listing agent at the property, but as you know, that’s not always possible. This fillable/interactive form allows you to make sure the appraiser has all of the information they need to complete a thorough appraisal of your listing. I’ve broken this form up into two sections with the first covering the recent updates to the property and the second related more to the market area and ways in which your listing shines.
Rowe Appraisal Group
MAY 6, 2020
Often before a property is purchased using a loan from a mortgage company, it must be appraised and inspected. Many homeowners confuse the appraisal inspection and the home inspection and ask me what the difference is. Here are some of the main ways that appraisals and home inspections are different and also overlap. Different End Goals: Value vs. Condition.
Rowe Appraisal Group
MAY 6, 2020
This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. If this has happened to you, first and foremost: I feel your pain! You are thinking to yourself, “If I have 4 different buyers willing to pay $400,000, how could the appraiser say that it is only worth $390,000?
Rowe Appraisal Group
MAY 6, 2020
Ryan Lundquist of Sacramento Appraisal Group wrote a great post explaining economies of scale and how we run into instances all the time in our lives of something small costing more than a larger amount of the same thing. The Starbucks coffee analogy he employs is such a great illustration and I highly recommend checking his article out here ( [link] ).
Rowe Appraisal Group
MAY 6, 2020
I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc. In the coming months, I will be unpacking each of these topics and going into more detail about each of the items shown in the “flowchart” to “pull back the curtain” in an effort to educate the consumer on the ap
Rowe Appraisal Group
MAY 6, 2020
Glenview homeowner sues Zillow over ‘sloppy’ estimate. In 2014, I wrote a blog post about Zillow and I decided it’s time to turn my attention back to this again. Today, Zillow is still very much in the news and a big player in the world of home values. . ?What caught my eye in 2014 was a blog post written by another appraiser in Philadelphia (Michael Coyle of The Coyle Group) who had compared 20 of his company’s appraisal values to Zillow’s value estimate (with similar result
Rowe Appraisal Group
MAY 6, 2020
I wanted to share a quick insight into what I see in the northwest suburbs as a bifurcated housing market. The upper end of the market* appears to be oversupplied while the lower end** is in balance and getting close to being undersupplied or having a shortage of inventory. The following charts illustrate this point. I looked at 3 northwest Chicago suburbs (Park Ridge, Glenview, and Northbrook).
Rowe Appraisal Group
MAY 6, 2020
During a conversation with a real estate agent, I was asked how we support time adjustments when a market is hot and prices are increasing. I started to explain how we use InfoSparks how it is a valuable tool for me as an appraiser. It allows me to look at different segments of the market very quickly and then use that information in my reports by depicting the trends graphically with charts.
Rowe Appraisal Group
MAY 5, 2020
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Over the weekend I listened to an episode of the podcast “Voice of Appraisal” where Phil Crawford mentioned an improvement worksheet that the Ohio Coalition of Appraisal Professionals (OCAP) has distributed to local area realtors.
Rowe Appraisal Group
MAY 5, 2020
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Over the weekend I listened to an episode of the podcast “Voice of Appraisal” where Phil Crawford mentioned an improvement worksheet that the Ohio Coalition of Appraisal Professionals (OCAP) has distributed to local area realtors.
REX Real Estate
MAY 5, 2020
When the economy booms, people want to buy homes.
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