Sat.Dec 25, 2021 - Fri.Dec 31, 2021

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The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. What a year 2021 has been. We started the year with many pundits saying that the U.S. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. However, not only did the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades.

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The Fannie Mae Requirement Impacting All Appraisers in 2022

Appraisal Buzz

In today’s Buzzcast, we dive into the new ANSI standards announced for appraisers. Today we have Joan Trice, Founder of Allterra Group, LLC., and Bryan Reynolds, Appraiser eLearning Partner. We’ll be getting the inside scoop while they discuss the new updates and their impacts on appraisers. Fannie Mae is requiring appraisers to use ANSI standards starting April 1st.

Appraisal 418
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Interested in Selling Your Home Quickly? Try These Home Projects!

Cleveland Appraisal Blog

I can’t believe that we are at the end of 2021. What an incredible housing market we have been in. And it doesn’t appear to be over! Homes are still selling in record time. While that is the case, there are things that we can do to help increase our home’s market appeal, and potentially sell our home more quickly. That being said, I am happy to welcome back guest blogger Penny Martin with a new article she wrote on this topic.

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Ethics, Standards, and Spiritual Principles

George Dell

Appraiser learning is replete with admonitions to good ethics. These are “enforced” by standards, believability conditions, and even ethical ‘rules.’ Many of us base our lives on spiritual principles (which may or may not be attached to any particular religion). In professional service, it is good to have business ethics align with our personal intent […].

Business 195
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The secondary market is primed to rise in 2022

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Marketing 476
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Settling on a New Normal for Appraisals in 2022

Appraisal Buzz

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. Total year-end sales volume ended at 5.64 million units , and some experts say it could reach 8 million if there were more inventory. Therein lies the problem. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries.

Appraisal 397

More Trending

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UAD to Assist Local Assessors?

Appraiserblogs

Folks, 16 local Assessors across the US have requested to FHFA that the GSE’s UAD property rating data be provided to Assessors, with the belief that UAD will help them be more accurate in their local tax assessments. This info has been circulating the past few days, in the link below: Kaegi, other tax officials want access to Uniform Appraisal Database to help make property taxes fairer | Crain’s Chicago Business From the article: Kaegi (Cook County, Illinois) has suggested that the Uniform App

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What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

Appraisal Buzz

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards.

Appraisal 243
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Top Posts of 2021: Higher Construction Material Costs

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In December, David Logan reported on data examining inflationary impacts on construction material costs. The prices of goods used in residential construction ex-energy climbed 1.8% in November (not seasonally adjusted), according to the latest Producer Price Index.

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Working With Real Estate Investors? Here’s Why They Make Great Clients

McKissock

Are you wondering what the best clients to work with are to advance your real estate career? There are many different career opportunities in real estate. While some real estate agents and brokers prefer to work with homebuyers, others decide to specialize in working with property investors. Both niches have their advantages and disadvantages, but here’s why some people prefer working with investors.

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Aurora stays course on Better.com merger

Housing Wire

Blank check company Aurora Acquisition Corp. said on Monday that Vishal Garg is still Better.com ‘s CEO, and that it will keep the proposed merger with the digital mortgage lender. The communication comes after Garg took leave early this month in response to an onslaught of negative media coverage because he laid off 900 employees via Zoom. Garg is on leave to “reflect and refocus” but will remain the company’s CEO, the SPAC said in a document filed with the Securities an

Finance 459
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Mortgage Rates Rose Slightly During the Last Week of 2021

Appraisal Buzz

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.11%. “Mortgage rates have effectively been moving sideways despite the increase in new COVID cases. This is because incoming economic data suggests that the economy remains on firm ground, particularly cyclical industries like manufacturing and housing.

Mortgage 221
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Top Posts of 2021: Material Shortages

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Paul Emrath reported on data concerning supply shortages for builders. Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue on a regular basis in the.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards.

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Servicers prepare to handle forbearance exits

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Mortgage 446
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Appraisers Share Their Top Professional Goals for 2022

Appraisal Buzz

Appraisal industry insiders tend to agree that 2022 will generally be a good year for appraisers. As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. So, we asked members of our appraisal community, “What is your top professional goal for 2022?” Here’s what they said.

Appraisal 195
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Top Posts of 2021: Construction Times in 2020

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In June, Na Zhao analyzed data on construction times in 2020. Survey data indicated that in 2021 the construction cycles expanded, although that data will be available in 2022. The 2020 Survey of Construction (SOC) from the Census Bureau.

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5 Fields to Add to Your Online Work Order Template

GoForrmz

Get started with our free work order Template when you sign up for a GoFormz account today Collect more accurate project and client data in real-time by leveraging digital work order forms. By digitizing work orders, teams can improve the efficiency and accuracy of data collection, while elevating client-facing professionalism – resulting in improved business insights and elevated customer satisfaction!

Clients 78
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HW+ Member Spotlight: Sarah DeCiantis

Housing Wire

This week’s HW+ member spotlight features Sarah DeCiantis, chief marketing officer at United Wholesale Mortgage. As a 2019 Vanguard and Women of Influence , DeCiantis is the catalyst behind United Wholesale Mortgage’s strategic approach to marketing, which has helped the company become the No. 1 wholesale lender. DeCiantis oversees advertising, public relations, social media, creative and customer relationship management that has established the company as the gold standard of the wholesale mort

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Survey: 1 in 4 Severely Underestimate This Home Improvement Cost

Appraisal Buzz

Facing stiff competition from homebuyers eager to get into their first house, more homeowners are taking an interest in do-it-yourself projects to fix or upgrade their home instead of trying to find something new. But home improvement projects take an input of time, money, and skills—things that not all buyers have handy before starting a … The post Survey: 1 in 4 Severely Underestimate This Home Improvement Cost appeared first on DSNews.

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Top Posts of 2021: Most Popular Kitchen Design Features

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In June, Paul Emrath analyzed data on kitchen design features. In the recent NAHB study, What Home Buyers Really Want, 2021 Edition, side-by-side double sinks and walk-in pantries ranked as the most popular of 30 listed kitchen.

Design 167
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The Top 5 Digital Form Templates For Your Business

GoForrmz

Take your business to the next level with these popular online forms In every industry, it’s necessary to collect accurate, timely information from internal and external stakeholders. Unfortunately, this common task often leads to endless amounts of paperwork filing and processing. By taking your business from paper documents to online forms, you can expedite processing times, cut down on administrative tasks, and collect more accurate data.

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Have you clearly defined your brokerage’s value proposition?

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Brokerage 418
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HouseCanary Names New CFO

Appraisal Buzz

HouseCanary Inc., a national brokerage known for its real estate valuation technology and , today announced Greg Straughn has joined the company as Chief Financial Officer. Straughn will oversee the financial, accounting, and investor relations functions for HouseCanary. Straughn is a veteran technology industry finance executive with more than 30 years of experience driving growth and strategic development.

Valuation 195
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California appraiser, Utah AMC facing bias allegations

Valuation Review

A federal lawsuit was recently filed in the U.S. District Court for the Northern District of California alleging an appraiser and an appraisal management company showed racial bias in the appraisal of a Marin County property owned by a Black couple seeking a mortgage refinance. Franklin, Greenswag, Channon & Capilla, LLC attorneys Craig Capilla and Ryan Endsley shared their thoughts on this case with Valuation Review.

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3 Digital Form Templates for HR

GoForrmz

Simplify HR documentation, expedite processes, and streamline workflows with these digital form templates Extensive, cumbersome paperwork is a cumbersome obstacle for human resources teams of every size and sector. Juggling various tasks that oftentimes require paper forms to be completed by vendors, contractors, employees, and more, it’s crucial to maintain highly accurate and organized data that’s easy to retrieve upon short notice.

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The “Big Four” take on the upstarts in title insurance

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Insurance 415
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Top Improvement Trends Homeowners for the New Year

Appraisal Buzz

Neighborly recently released a list of expert-recommended and trending home service projects for homeowners to prioritize in 2022, serving as a guide for the upcoming year. The list of 2022 home service trends is provided in the form of actionable items that any homeowner can look into, along with calling out those projects that are … The post Top Improvement Trends Homeowners for the New Year appeared first on theMReport.com.

Appraisal 195
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Popular Features Home Buyers Look For

Lamacchia Realty

POPULAR FEATURES HOMEBUYERS LOOK FOR. Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home for sale. They won’t be living there much longer so spending money on upgrades that don’t increase home values by astronomical amounts and ones that they won’t be able to enjoy for a long period of time tends to deter many individuals.

Buyers 74
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Customer Story: Ohio Department of Transportation

GoForrmz

“ We are no longer worried about printing paper inspections and distributing them out to all of our inspectors. We have over a thousand [inspectors], so we’re not creating that paper in the first place which is a major savings. ” — Janet Treadway, Project Business Administrator & Electronic Delivery Lead, ODOT. The Ohio Department of Transportation leverages digital forms and the SharePoint integration to streamline the completion of inspection forms About Ohio Department of

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Top of the list: An interview with Ben Caballero

Housing Wire

Ben Caballero. Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. In 2020, Cabellero reported 6,409 transaction sides — or 18 home sales a day — for a deal volume of $2.2 billion. So, who in the world is Ben Caballero? And are these numbers for real?

Realtors 415
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The Nation’s Most Expensive Zip Codes

Appraisal Buzz

Atherton, California’s 94027 is the nation’s most expensive zip code, where the least expensive home on the market is currently listed at $5 million. The post The Nation’s Most Expensive Zip Codes appeared first on theMReport.com. The post The Nation’s Most Expensive Zip Codes appeared first on Appraisal Buzz.

Appraisal 195
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What’s the Difference Between a Fixed Interest Rate and an Adjustable Interest Rate?

Assurance Financial

Whether you’re a first-time homebuyer or a homeowner looking to refinance your mortgage, the financial logistics of homeownership may have you asking some big questions. When considering your home loan options, one of the primary criteria to evaluate is the type of interest rate you’ll have: a fixed-rate vs. an adjustable-rate mortgage. Interest is the amount of money your lender charges you for using their services, calculated as a percentage of your loan amount.