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- Portland Appraisal Blog
- Jamie Owen Blog
- Ryan Lundquist Blog
- WSJ
- Tom Horn Blog
- Rachel Massey Blog
- HousingWire Valuation
- Mary Thompson Blog
- Shannon Slater Blog
- Bryan Lynch Blog
- Working RE Magazine
- McKissock
- DSNews
- HousingWire Servicing
- Mortgage News Daily
- MReport
- Appraisal Institute
- NAR
- Rob Chrisman
- NAHB
- Dustin Harris Blog
- NAR - The Voice for Real Estate
- Bill Cob Blog
- NREP
- RAC Blog
- Calypso Blog
Jamie Owen Blog
Write Like A Professional – Pro Writing…Tim Andersen is a well-known and highly respected appraiser in our profession. I have always appreciated his candor. He explains things in a straight-forward and logical way. He recently shared one of his articles with me. It discusses the wording some appraisers have used in their reports, and why such wording is faulty. He gave… Continue reading Write Like A Professional – Pro Writing Tips From Tim Andersen- If You’re Going To Make a Typo,…What happens when you make a typo on your logo? Find out in this week's post. You'll feel better about yourself after reading it!
- www.appraisermemoriesI love music. In the spring, I like country music. A lot of country songs make me think of flip-flops, soaking up the sun and having some fun! Country songs also make me reminisce about yesteryear. Country music has a way of doing that. When I started appraising in 1998, things were very different. The… Continue reading www.appraisermemories
Ryan Lundquist Blog
- Slow is not a dirty word in…Slow is not a four-letter word. Well, technically it is. But in real estate it’s not a “four-letter” dirty word. Let’s talk about this, and then for those interested I have a huge market update below. The situation: It’s easy to feel good about real estate when the stats are glowing because there’s always something […]
- Photoshopping & price per sq ft in… NewI have a new way to explain how price per sq ft works in real estate. It’s helpful but maybe a little creepy too. No matter what, we need word pictures in real estate to explain concepts, so let’s chat. The big idea: Using a price per sq ft figure from a different house is […]
- Who is coming & going? A huge…I said goodbye to some family members this past weekend. Like many Californians they’re leaving the state. It’s probably not surprising to hear, but California lately has been having more residents leave than come. Of course other states are feeling this too because they’re now welcoming (or not) West Coast refugees. Let’s talk about this. […]
WSJ
Tom Horn Blog
- 9 Things Appraisers Wish Agents Knew New9 Things Appraisers Wish Agents Knew Appraisers and agents work together all of the time so you would think that there would be no confusion about what the other party does but unfortunately there sometimes is. There are certain things appraisers wish agents knew so today I’m going to discuss some of the most common […] The post 9 Things Appraisers Wish Agents Knew appeared first on Birmingham Appraisal Blog. Related posts: 10 reasons NOT to get a pre-listing appraisal Happy New Year, I Want To Help You With Your 2013 Real Estate Goals Why an appraisal should be part…
- What’s Up With The West Homewood Real…A Look At Home Sales In West Homewood Homewood has always been one of the most popular suburbs within the Birmingham, AL real estate market. Historically the Edgewood, Mayfair, and Hollywood areas have been the top sellers, however, over the past several years the popularity of the West Homewood area has increased. As you might […] The post What’s Up With The West Homewood Real Estate Market? appeared first on Birmingham Appraisal Blog. No related posts.
- 5 Signs That Your Home Is Overpriced…How To Tell If Your Home Is Overpriced It’s a seller’s market, right? I can price my home at whatever I want and it will sell, right? Wrong. If your home is overpriced it could be the kiss of death. Years ago this way of thinking may have been more successful but in today’s world […] The post 5 Signs That Your Home Is Overpriced And What To Do About It appeared first on Birmingham Appraisal Blog. Related posts: Then and Now: Comparing Alabama’s Peak Years To The Current Market-Part 2 A look at the 2012 Birmingham, AL real estate…
Rachel Massey Blog
- Why price per square foot is not…Often, buyers and sellers are under the impression that it is simple to price a house by its square footage. Nothing is further from the truth, unless of course, all the comparable properties considered are within a couple square feet of each other and have the same quality and condition and are in the same … Continue reading "Why price per square foot is not the appraisers choice" The post Why price per square foot is not the appraisers choice appeared first on annarborappraisal.
- Probate – proceed with cautionProbate can be a complicated process for the personal representative, who likely only handles this type of situation once or twice in a lifetime. For some people, such as the attorney, or the agent who handles many estate related sales, the process makes sense. To the individual tasked with being the representative however, they likely … Continue reading "Probate – proceed with caution" The post Probate – proceed with caution appeared first on annarborappraisal.
- April 1, 2019 Washtenaw County market snapshot4/1/19 Mixing up my monthly run related to how the market is doing (not looking at prices, only supply and absorption). The current monthly stats, run today, show most markets with limited inventory compared to the past 12-months sales, with only Dexter and Saline running over three months’ worth of inventory. Both of these markets … Continue reading "April 1, 2019 Washtenaw County market snapshot" The post April 1, 2019 Washtenaw County market snapshot appeared first on annarborappraisal.
HousingWire Valuation
The HGTV effect: 60% of home shoppers…About 60% of people looking to buy a home are willing to consider a property that needs renovating as rising prices make it harder to afford a turnkey listing, according to Realtor.com. Most of them were inspired to take on the projects by watching TV home renovation shows on networks like HGTV, according to the report.- Class Valuation snatches up another AMCClass Valuation, a real estate collateral valuation and appraisal management company, has acquired Janus Valuation & Compliance. The deal is the second AMC acquisition the Michigan-based 2019 Tech100 winner has made in the last six months and one of several big steps Class Valuation has taken since it was acquired by Narrow Gauge Capital in March 2018.
- Here are the HousingWire 2019 Tech100 winnersHousingWire's Tech100 nominations continue to grow more competitive each year, and this year was no exception.
Mary Thompson Blog
- 10 years as an Active Rain Blogger!!I started to look back at my Active Rain blog to see how long I have been blogging! 10 years ago in February 2009 right here on Active Rain. Wow time flies when you are having fun. It has been a nice journey. Just thought I would share. Have a great weekend everyone!
- Offer Pad, Open Door - are they… NewWith all the alternatives to selling Real Estate, Companies like Open Door, Offer Pad, Knock.com, etc. have entered our market. So what does this mean FOR the market and appraisals? One could argue they are creating a NEW market. This is BAD news for other sellers because we all know that they purchase homes at below market values to make a profit on resale. But what if they infiltrate our market and Appraisers have no other sales to use when they are appraising other properties? This could be a problem. Hopefully when they resell the home they do so quickly…
Shannon Slater Blog
- May Newsletter- from Sports Car to Tractor NewAs we are now at the end of May, school is out and we are entering into summer. We hope that you had a meaningful and enjoyable Memorial Day weekend. The DFW markets are hot but flat. The spring and summer seasons are typically the hottest selling seasons compared to fall and winter. 2019 is … Continue reading "May Newsletter- from Sports Car to Tractor" The post May Newsletter- from Sports Car to Tractor appeared first on DW Slater Appraisal Blog.
- How to Prepare Your Home for Aging…This post is written by Patrick Young who has been a regular contributor to our blog. Patrick is an advocate for those with disabilities and writes important information pertaining to those with disabilities. This article focuses on preparing your home as you age, The post How to Prepare Your Home for Aging in Place appeared first on DW Slater Appraisal Blog.
- What is a Barndominium?What is a barndominium? Basically, it is a style of home which is typically made of metal construction similar to barns. Sometimes they are attached to barns or workshops similar to the photo above or they could stand alone. These are unique homes and offer a certain lifestyle for those that love living in the country and the country lifestyle The post What is a Barndominium? appeared first on DW Slater Appraisal Blog.
Working RE Magazine
- Illinois Board Issues Warning on Hybrid Appraisals NewThe issue today is how to handle assignments where an unlicensed third party reports to the licensed appraiser. The post Illinois Board Issues Warning on Hybrid Appraisals first appeared at Working RE Magazine.
- Business Valuations: Diversifying Your Appraisal Business NewOne seldom discussed way for appraisers to diversify and earn higher fees is to branch out into business evaluations. The post Business Valuations: Diversifying Your Appraisal Business first appeared at Working RE Magazine.
- Fannie Mae Plans Massive Changes to Appraisal… NewFannie Mae revealed that it is currently testing a concept called Property Data Collection. The post Fannie Mae Plans Massive Changes to Appraisal Process first appeared at Working RE Magazine.
McKissock
- How to Upgrade Your Appraisal LicenseYou know there are good reasons to upgrade your appraisal license—including making more money—but you might be unsure of how to go about it. Depending on your state and the license level you wish to attain, the exact steps for how to upgrade your appraisal license will vary slightly. However, these are the general guidelines […] The post How to Upgrade Your Appraisal License appeared first on McKissock Learning.
- The 5 Biggest Myths About AppraisalThere’s a lot of confusion around the appraiser’s role in a real estate transaction. Many people don’t understand what an appraisal is or what an appraiser does. This has lead to a number of myths surrounding the profession. We recently asked our appraisal community, “What is the biggest myth about appraisal?” Here’s a breakdown of […] The post The 5 Biggest Myths About Appraisal appeared first on McKissock Learning.
- Father’s Day Gift Ideas for AppraisersIs your dad or grandfather a real estate appraiser? When you’re out shopping for Father’s Day gifts this year, keep in mind that property appraisers tend to work long hours, spend lots of time in the car, and many of them own their own businesses. That said, here are our favorite Father’s Day gift ideas […] The post Father’s Day Gift Ideas for Appraisers appeared first on McKissock Learning.
DSNews
- Mortgage Servicing Professionals Convene for Industry Summit NewServicing leaders met at the Five Star Default Servicing Summit, hosted by Altisource at the Four Seasons Resort and Club Dallas at Las Colinas. Here's what they discussed. The post Mortgage Servicing Professionals Convene for Industry Summit appeared first on DSNews.
- The Week Ahead: Eye on Interest Rates NewFederal Reserve Chair Jerome Powell will hold a press conference following Tuesday and Wednesday’s Federal Open Market Committee Conference. Here's what else is happening in The Week Ahead. The post The Week Ahead: Eye on Interest Rates appeared first on DSNews.
- Quicken Loans Reaches Agreement With U.S. Government NewQuicken Loans will pay the United States $32.5 million, $25.5 million of which is intended to cover losses which may have occurred, and $7 million in interest. The post Quicken Loans Reaches Agreement With U.S. Government appeared first on DSNews.
HousingWire Servicing
- MERS, NYSE owner Intercontinental Exchange increases mortgage… NewIntercontinental Exchange, the parent company of the New York Stock Exchange, moved into mortgages in a big way last year when the company bought MERS. And now, ICE is increasing its presence in the mortgage business. ICE announced Wednesday that it has acquired Simplifile, which acts as an electronic liaison between lenders, settlement agents, and county recording offices, for $335 million.
- Ocwen all but drops Ocwen name, will…Ocwen Financial announced Monday that it has hit two milestones enabling the company to officially originate and service loans through its two primary brands: PHH Mortgage for forward servicing and lending, and Liberty Home Equity Solutions for reverse lending and servicing. In effect, the mortgage giant is leaving behind its tarnished name, saying that it will consider a future rebrand.
- 2019 Rising Star: ???????Kevin ElliottKevin Elliott started his career early in his life. He began working for HSBC at the age of just 18 while making his way through college. By the time he was 25, Elliott was managing a team of 60 employees as vice president of loss mitigation.
Mortgage News Daily
- eClose, Non-QM, Broker Products; VA and FHA… New“The City of Baltimore, Maryland suffered a ransomware attack on May 7, 2019. Due to the attack, the City is currently unable to record documents until further notice. In the interim they are issuing ‘Lien Certificates’. Mr. Cooper is offering the following guidance related to loans closed within the city of Baltimore: ‘Any loans with title reports that contain title exception language regarding lien certificates will be ineligible until further notice.’ If you have any questions, please contact your Regional Sales Team.” Scary stuff. What if this were to happen to an area that is growing by leaps and bounds?…
- Non-QM, Underwriting, Marketing Products; Borrower Satisfaction Tips;… New Employment & transitions Are you a retail loan originator, retail branch manager, direct lender or banker? Tired of losing clients and the up and downs at your retail shop? Have you considered making the move from retail to independent? BeAMortgageBroker.com can help. We are your single, no-cost source for the information, support and tools you need to become an independent mortgage broker. We can help you take the next steps toward opening your own mortgage broker shop or help match you with an independent mortgage broker in your area. Call us for a free, confidential consultation and continued support…
- MI, Broker, IO Products; A Wealth of… NewIn the tech world, the question of, “What is real, and what isn’t?” is becoming more of problem to determine than ever before. The latest is in re-programming video and voices to make up whatever is said, just by typing it! Technology is a two-edged sword. What’s going on in the legal profession, technology-wise? “Time’s up. Please put down your No. 2 pencils.” After 71 years, the last time the pencil-and-paper version of LSAT was given was this month. The old-fashioned way to administer the law school entrance exam was left in the dust by other standardized tests that computerized…
MReport
- The State of Mortgage Servicing NewAt the Five Star Default Servicing Summit, servicing professionals from around the country met to discuss risk mitigation and investment practices. The post The State of Mortgage Servicing appeared first on theMReport.com.
- The Week Ahead: An Overview of the… NewThe National Association of Home Builders (NAHB) and Wells Fargo will release its latest housing market index (HMI) on Monday, June 17. May’s HMI increased to a seven-month high of 66, which is a slight increase from 63 the prior month, and was above expectations. “Builders are busy catching up after a wet winter and ... The post The Week Ahead: An Overview of the Housing Market appeared first on theMReport.com.
- Where Are Homes Gaining the Most Value? NewSeveral markets on the East and West Coasts have seen surges in home values over the past 20 years, with some markets posting more than 300% increases. The post Where Are Homes Gaining the Most Value? appeared first on theMReport.com.
Appraisal Institute
- 40% of Surveyed Economists Said They Expect…Forty percent of economists who responded to Bankrate’s Second-Quarter Economic Indicator survey released June 6 said they believe that the Federal Reserve will lower interest rates in the next year. Respondents cited escalating U.S. tensions with China, slowing international growth and depleting fi [...]
- Local Governments Have Worst Homebuilding Regulations: FHFALocal municipalities need to reduce the number of regulations and the costs associated with them in order to spur homebuilding, Mark Calabria, director of the Federal Housing Finance Agency, told attendees June 3 at a conference in Washington, HousingWire reported. Calabria said the supply of homes [...]
- Fannie, Freddie Launch Uniform Mortgage-backed SecurityFannie Mae and Freddie Mac on June 3 launched the Uniform Mortgage-Backed Security, completing the their single-security initiative, MReport reported. The government-sponsored enterprises expect more efficiency and liquidity in the housing market, but critics argue that the UMBS won’t lower mortgage [...]
NAR
- Monday Minute: Week of June 17, 2019Both the House and Senate are in session this week. What issues should REALTORS® follow? Terrorism Risk Insurance Program Reauthorization (NAR Statement); Unmanned Aircraft Systems Security; Collection of Beneficial Ownership Information (NAR Questions Likely); and Home Appraisal Industry (NAR Staff Attending).
- North Dakota Appraisal Requirement Waiver RequestComments on the North Dakota's request for a waiver of appraiser credentialing requirements must be received by the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) on or before July 1, 2019.
- VA Appraisal Request ChangeAs of May 16, 2019, the Department of Veteran's Affairs will require that the ordering of an appraisal related to the VA Home Loan program must have the Certificate of Eligibility (COE) be in "Active or Pending" status.
Rob Chrisman
- June 15: Notes on the LIBOR transition,… NewWe’re a week away from the official beginning of summer: vacations, fewer conferences, home buying, arriving at work early to snag the shady parking place. (A week is a long time. Just ask Quicken, which settled its False Claims Act action this week, or the Golden State Warriors who, in the span of a week, […]
- June 14: Sales & LO jobs; eClose,… New“The City of Baltimore, Maryland suffered a ransomware attack on May 7, 2019. Due to the attack, the City is currently unable to record documents until further notice. In the interim they are issuing ‘Lien Certificates’. Mr. Cooper is offering the following guidance related to loans closed within the city of Baltimore: ‘Any loans with title […]
- June 13: Non-QM, underwriting, marketing, AOT execution… NewAt the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the government-sponsored enterprises, or GSEs) are communicating that the optional use period for the redesigned Uniform Residential Loan Application (URLA) form and corresponding datasets will not begin on July 1, 2019 as previously scheduled. It will begin tomorrow! Just kidding. […]
NAHB
- Single-Family Permit Continues To Be Weak in…Over the first four months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 261,119. On a year-over-year (YoY) basis, this is a 6.5% decline over the April 2018 level of 279,302. Year-to-date ending in April, single-family permits reported growth only in the Northeast region of the country. The South, Midwest, and the West regions declined... Read More ›
- Homeowners Cautious with Lines of Credit Despite… NewThe current release of the Federal Reserve’s Z.1 Financial Accounts report of the U.S., also known as the flow of funds report, shows a continuing increase in the market value of households in the U.S. Mortgage debt continues to expand as well, albeit at a much slower pace. The aggregate market value of houses represents assets on households’ balance sheets,... Read More ›
- CPI Growth Slows in MayIn May, headline inflation rose slower relative to April, while core inflation remained unchanged. On a seasonally adjusted basis, the Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in May, after a 0.3% increase in April. It was the smallest gain since January 2019. Excluding the volatile food and energy components, the “core”... Read More ›
Dustin Harris Blog
- Who Can Complain About Appraisals Time to get on my soapbox and complain about a complaint filed against me (not a charge, but merely a complaint). I did an appraisal of a multi-family property ... Read More
- Quality Phone Systems Lead to a Quality…Having the correct phone system is integral for making your business a success. The technology that is available for small businesses is well worth the investment. Ultimately, if you have ... Read More
- Be a Forward-Thinking Business OwnerAs I teach my business model to individuals across the country, I somewhat frequently encounter appraisers who are offended by my methods for whatever reason. Those who hear me talk ... Read More
NAR - The Voice for Real Estate
- The Voice for Real Estate Special Edition:… NewREALTORS® told Capitol Hill lawmakers about the key issues that impact our industry and our hometowns. Also: RPAC celebrates its 50th anniversary, the Board of Directors elects NAR’s 2020 Leadership, That’s Who We R investment is renewed, and President Trump addresses REALTORS® in Washington. This week’s video is sponsored by the REALTOR® Benefits Program.
- The Voice for Real Estate 98: FHA…Loan applicants could be affected as FHA tightens standards for higher-risk borrowers. REALTORS® step up to help in the aftermath of Midwestern floods but help is needed, and Gen Xers are buying bigger homes to accommodate multigenerational families. This weeks's video is sponsored by the REALTOR Benefits® program.
- The Voice for Real Estate 97: Self-employed…Agents earning commission income should find lenders more receptive to their home loan applications. Fannie Mae/Freddie Mac's changes to their automated underwriting program makes it less risky for lenders. This edition of The Voice for Real Estate is sponsored by the REALTOR Benefits® Program.
Bill Cob Blog
NREP
- iBuyer Crushed Home SellerThe post iBuyer Crushed Home Seller appeared first on National Real Estate Post.
- Honesty in Real Estate Petition NewClick the Petition image below to sign the petition! The post Honesty in Real Estate Petition appeared first on National Real Estate Post.
- FHA Getting Looser with Manual Underwrites NewFHA Getting Looser with Manual Underwrites The post FHA Getting Looser with Manual Underwrites appeared first on National Real Estate Post.
