Appraisal Buzz

DECEMBER 9, 2024

For example, if many active listings are priced higher than recent sales, it may suggest that sellers are responding to increased demand or reduced inventory, which are key indicators of a market in transition. Repeat sales analysis, which involves identifying properties sold more than once during the analysis period, can also be effective.

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McKissock

DECEMBER 28, 2021

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. “Mortgage rates are expected to rise, but still remain attractive and reasonable.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

DECEMBER 10, 2021

home buyers will have a better chance to find the home of their dreams in 2022, but will face a competitive seller’s market, as first-time buyer demand will continue to outpace the nation’s recovering inventory.” Want regular appraisal news updates and insights into all facets of the industry? Read the full opinion piece.

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Chicagoland Appraisal Blog

JULY 13, 2017

Does this mean if I provide this information that I’ll never have a problem with an appraisal again? You see appraisers take this information and see how it fits in the market. How are property values trending, what are current inventory levels, etc? Appraisers are very capable of keeping up with rapidly changing markets.

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Birmingham Appraisal

FEBRUARY 13, 2024

Understanding these metrics enables agents to adjust pricing strategies based on inventory levels and buyer demand, optimizing the chances of selling a property quickly and at the best possible price. In the second post of my series , we covered average and median sold prices, average days on the market, and months of inventory.

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Magnusson Group

MARCH 2, 2021

Do you need a home inventory and/or appraisal before the next Hurricane season? Protect your personal property. The post Complimentary Appraisal Day- March 9th appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Underwriters will pay upon proof of Photograph & cataloging.

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Realtor

MAY 18, 2018

They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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Realtor

MAY 18, 2018

They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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Appraisal Today

AUGUST 23, 2024

Excerpts: Topics: What is an appraisal review? Fact-checking vs appraisal review Types of appraisal review reports Why are appraisal reviews needed? Who requests a property appraisal review? Who can review a property appraisal? Home sales have slowed despite rising inventory levels.

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Appraisal Today

JANUARY 31, 2025

. ———————————————— Appraisal/Appraiser Bias Accusations Per a recent appraisersblogs post: removal of all appraisal bias propaganda from the official whitehouse.gov website. The refinance share of mortgage activity decreased to 37.1

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Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. So when it comes to valuing properties in a volatile market, as we experienced in the years since the pandemic, choosing the right AVM is imperative.

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Housing Market Valuation Marketing Real Estate 69

The Robert Weiler Company

APRIL 20, 2021

Also, as with a commercial property appraisal, hiring an experienced professional to assist in your endeavor will ensure that you make an intelligent decision for your business. Question 8: What are tangible vs. intangible assets in business valuation? Tangible assets are physical items that have value if they were sold.

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Appraisal Today

SEPTEMBER 22, 2023

Most of the inspection training we receive as appraisers happens in the field. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Home prices in many markets have been supported by low inventory and resilient housing demand for available homes.”

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Appraisal Today

AUGUST 9, 2024

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most often, it is defined as the most probable price a property should sell for under typical conditions. The refinance share of mortgage activity increased to 41.7

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Appraisal Today

AUGUST 18, 2023

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Homes Are Worth at Least $1 Million, Close to All-Time High Excerpts: The share of million-dollar-plus homes is on the upswing after dropping to a 12-month low in February. Just over 8% of U.S. Or hit the reply button.

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Appraisal Today

OCTOBER 11, 2024

The largest constraint for many prospective homebuyers over the past year had been the lack of inventory. Heaslet: The simple answer is “no.” Added Fratantoni, “As we have highlighted before, the decision to buy a home is impacted by many factors, not just the level of mortgage rates.

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Appraisal Today

DECEMBER 8, 2023

When to Get Property Appraised When Someone Dies? Excerpts: An appraisal can be useful in several ways. Sometimes the value of the asset is unknown, and an appraisal can help a family make decisions about the future. Or hit the reply button. Be sure to put in a comment requesting it. percent of total applications from 30.6

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” The refinance share of mortgage activity decreased to 31.7

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Appraisal Today

JUNE 23, 2023

The proposed rule’s safeguards are not a panacea, but represent a recognition of the risks posed by algorithmic appraisals. First-time homebuyers account for a large share of FHA purchase loans, and this increase is a sign that while buyer interest is there, activity continues to be constrained by low levels of affordable inventory.

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Housing Wire

FEBRUARY 4, 2025

Emerging from the pandemic, the chronic lack of inventory disrupted the principles of supply and demand, causing housing prices to soar. With elevated mortgage rates , we anticipate continued growth in listing inventory, a slowdown in housing price appreciation and ongoing innovations to assist professionals and consumers.

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Appraisal Today

NOVEMBER 29, 2024

With the growth in for-sale inventory and signs that the economy remains strong, buyers have remained in the market even though rates have increased recently. the winding down of PAVE seems almost inevitable. percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.

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Appraisal Today

DECEMBER 13, 2024

Unique Properties, Rocket Mortgage Sues HUD, Trump Shifts in Housing Market? December 13, 2024 Whats in This Newsletter (In Order, Scroll Down) LIA ad – Each appraisal is unique The Ultimate Guide to Unique Property Appraisals Americas Most Expensive Property Is Sitting in a Flood ZoneWill Anyone Buy the $295 Million Estate?

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Appraisal Today

FEBRUARY 7, 2025

While these orders have far-reaching effects and are highly controversial for many, one of the immediate effects that appraisers have noted is that the Property Appraisal and Valuation Equity (PAVE) task force appears to have been disbanded.

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Appraisal Buzz

JULY 11, 2024

This is a step in the right direction but is likely to add only a minimal number of homes to the nation’s inventory, which, unfortunately, will not make a dent in the massive, multimillion-unit shortage of homes across the country. This is one of the unintended consequences, in my opinion. I do not think so. I am a believer in market forces.

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