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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
Portland Appraisal Blog
Far Southwest—Neighborhood Analysis of Single-Family Residential Homes…The Far Southwest neighborhood is just that—far southwest! It represents one of the periphery neighborhoods of the City of Portland. The neighborhood is largely dominated by the Portland Community College Sylvania Campus. The campus was opened in 1968 and has approximately 28,000 students enrolled each year. Appraisers endeavor to take the measure of a neighborhood … Continue reading "Far Southwest—Neighborhood Analysis of Single-Family Residential Homes (August 2019)"
Lake Oswego—Neighborhood Analysis of Waterfront Single-Family Residential…Oswego Lake is a scenic and picturesque former channel of the Tualatin River. It is a natural feature, but has been enlarged due to a dam to its present size of ~395 acres. Many homes rim the lake as well as the smaller bays connected to it. Some of the properties surrounding Oswego Lake are … Continue reading "Lake Oswego—Neighborhood Analysis of Waterfront Single-Family Residential Homes (July 2019)"- South Portland—Neighborhood Analysis of Single-Family Residential Homes…The South Portland neighborhood is one of Portland’s waterfront communities, bordering the Willamette River. It is connected to the east side of the city via four bridges and boasts some of the city’s modern skyscrapers—including the John Ross Tower, Portland’s largest residential structure. Shopping, fine dining, numerous parks, recreation, OHSU with its aerial tramway, and … Continue reading "South Portland—Neighborhood Analysis of Single-Family Residential Homes (July 2019)"
Jamie Owen Blog
- The Penny…A Classic Example of Cost Not…Did you know that it costs more to mint a penny than it is worth? Cost does not equal value! I talk about in this article.
- 8 Similarities Between the Rubik’s Cube &…What does a Rubik's Cube and an appraisal have in common? Find out in this week's blog.
- Differences Between A Home Inspection and An…Have you ever had your home appraised? Perhaps you were amazed at how quickly the appraiser went through your home. An appraiser will generally look in each room. They will take a few notes as well as some interior and exterior pictures. Then they will measure your home and any accessory buildings. They will likely… Continue reading Differences Between A Home Inspection and An Appraisal Inspection
Ryan Lundquist Blog
- When sellers care too much about the…A seller’s Zestimate is really low and he’s pretty worried about it. It might seem a bit vain to care so much, but the seller is concerned since he’s heard buyers might offer less on his home if Zillow’s estimate is too low. Is that legit? Let’s talk about it. Then for those interested I […]
- Zillow has officially entered the marketZillow is here. As of two days ago they’ve officially entered the market in Sacramento and they have big plans to expand to other territories too. Let’s talk about this. Here’s what’s swirling through my mind. Anything to add? Corporate flipper: Zillow is basically going to be flipping homes. Their website doesn’t use this language […]
- Not everything is getting multiple offersEverything is getting multiple offers, right? Many sellers feel that way, but it’s just not true. Today let’s dive deeply into what is actually happening with multiple offers. I’m excited about this and I hope you like it too. Non-locals: If you’re not local, would understanding more about multiple offers help you? Could you ask […]
WSJ
Tom Horn Blog
- Should The Agent Include These Areas In…Confused About What Areas The Agent Should Include In Square Footage? The most thrown around metric in real estate has to do with square footage and price per square foot. People ask me all of the time what homes in this or that neighborhood are selling for per square foot. Why do they do this? […] The post Should The Agent Include These Areas In Square Footage? appeared first on Birmingham Appraisal Blog. Related posts: How getting your house properly measured could put more money in your pocket Can a sunroom be included in the gross living area of a…
- 5 Reasons Buyers Overpay For Homes NewAppraisals Can Help Prevent Buyers From Overpaying An appraiser’s job is to provide an objective and unbiased opinion of value about the value of real property such as a single-family home. This information can be provided to anyone who owns, sells, or lends money on real property as security to help them make an informed […] The post 5 Reasons Buyers Overpay For Homes appeared first on Birmingham Appraisal Blog. Related posts: 10 Appraisal mistakes new agents make and how to avoid them
- Highland Lakes Housing Update And Tips For…Highland Lakes Market Report Wow, it’s already September and this year is flying by. You know what that means, college football and cooler weather. Well, you can scratch the cooler weather part but we call still get excited about college football, right? I recently had the opportunity to appraise in the Highland Lakes subdivision in […] The post Highland Lakes Housing Update And Tips For Selling Your Home In The Fall appeared first on Birmingham Appraisal Blog. Related posts: The Media Is Now Confirming What Appraisers Have Been Reporting All Along 5 Reasons Why A Realtor Should Order An Appraisal…
Rachel Massey Blog
HousingWire Valuation
- Embrace Home Loans names new senior vice… NewEmbrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.
- Wells Fargo settles allegations of discriminating against…A federal investigation found that Wells Fargo discriminated against thousands of African American and female job applicants based on their race and/or gender, the Department of Labor said this week. The Labor Department announced this week that it reached a settlement with Wells Fargo over allegations of discrimination within bank’s hiring practices at locations in Arizona, Virginia, and Utah.
- Mortgage Tech Rundown: DocMagic, Loan Vision, and…Today's Mortgage Tech Rundown focuses on the latest product and software developments, integrations and more from companies like DocMagic, Loan Vision, and ZestFinance.
Shannon Slater Blog
- September Newsletter-Fall, Lamenting & Markets NewFall is officially here!– But it sure doesn’t yet feel like it in North Texas. It is still so very hot. Today David was headed to his last appraisal appointment. He looked at his device to see the temperature outside felt like 106 degrees. Whew! We are well on our way to having the record … Continue reading "September Newsletter-Fall, Lamenting & Markets" The post September Newsletter-Fall, Lamenting & Markets appeared first on DW Slater Appraisal Blog.
- Labor Day Weekend & the Housing Market-… NewWe hope that you have some great plans for labor day weekend. We have had a very busy month of August. We know that you work hard to provide good services or products in your businesses and we hope that you do get to enjoy a little time off from your labor. Whether you are … Continue reading "Labor Day Weekend & the Housing Market- August Newsletter" The post Labor Day Weekend & the Housing Market- August Newsletter appeared first on DW Slater Appraisal Blog.
- Geckos & Summer Housing- July Newsletter NewIt’s that time of year when the heat can really begin to bother you. Many parts of the country have been experiencing a heatwave. I am so very thankful to Willis Carrier, inventor of the modern-day air conditioner. I have lived in Texas my entire life but could not do it without AC! That being … Continue reading "Geckos & Summer Housing- July Newsletter" The post Geckos & Summer Housing- July Newsletter appeared first on DW Slater Appraisal Blog.
Bryan Lynch Blog
- Do Meandering Dirt/Gravel Roads Impact Value?In my foothill market area, some areas have long, meandering gravel/dirt roads. The roads can definitely vary in condition and appeal. Some are long and adequately maintained gravel and/or dirt. Some can be bumpy, fair to poor condition, have areas of rocks, etc. Either way,... The post Do Meandering Dirt/Gravel Roads Impact Value? appeared first on Advantage Appraisals.
- Halfplexes in Lake of the Pines?Lake of the Pines is a popular gated subdivision in Nevada county. 99% of the homes are detached SFRs. However, there is one street in LOP comprised of attached halfplexes/duets known as Lone Pine Drive. Every once in a while I’ll receive an assignment on... The post Halfplexes in Lake of the Pines? appeared first on Advantage Appraisals.
- Recent Mortgage Interest Rate Drops…With recent mortgage interest rate drops, there has certainly been an influx of refinance work available. I know this to be true as I’ve been solicited from some companies that I normally don’t complete much or any work for. The ability to refinance has been... The post Recent Mortgage Interest Rate Drops… appeared first on Advantage Appraisals.
Working RE Magazine
- Congress Wakes Up? NewThis may be the time to express your concerns to your Representatives in Congress about bifurcated appraisals, Fannie Mae Waivers and other moves to dilute and replace appraiser oversight. The post Congress Wakes Up? first appeared at Working RE Magazine.
- Conservation Easements NewConservation easement appraisals involve some of the most sensitive, unique and scarce resources in the nation. The post Conservation Easements first appeared at Working RE Magazine.
- Bifurcated Appraising NewIn many cases the property data collector is a licensed appraiser. We are testing other labor pools to see how accurately they collect property data. The post Bifurcated Appraising first appeared at Working RE Magazine.
McKissock
- How Long Does It Take to Become…If you are considering a career in the appraisal field, you may be curious about how long it takes to get licensed and start earning an income as a real estate appraiser. The exact answer will vary due to a number of factors, including what state you live in. Here is some information to help […] The post How Long Does It Take to Become an Appraiser? appeared first on McKissock Learning.
- FAQs About Fannie Mae’s Collateral Underwriter ProgramFannie Mae’s Collateral Underwriter (CU) program is intended to give lenders access to the same appraisal analytics that Fannie Mae uses in its quality control process. It performs an automated risk assessment of appraisals submitted to the Uniform Collateral Data Portal (UCDP) and returns a Risk Score and flags and messages to the lender. Lenders […] The post FAQs About Fannie Mae’s Collateral Underwriter Program appeared first on McKissock Learning.
- Bidding Wars, Appraisal Waivers, and Other Appraisal… NewHousing competition edged up slightly in September, with bidding wars heating up across the nation. Rumors are circulating about a possible end to GSE appraisal waivers. The new USPAP publication for 2020-21 is now available, and it has some cool new features. Plus, have you considered specializing in luxury appraisals? Read on for the latest […] The post Bidding Wars, Appraisal Waivers, and Other Appraisal News appeared first on McKissock Learning.
DSNews
- The Week Ahead: Examining Mortgage Data Privacy NewAs data plays a larger and larger role in lending and servicing, the Senate Committee on Banking, Housing, and Urban Affairs Hearing is set to hold a hearing to examine implications for data privacy rights and data valuation. The post The Week Ahead: Examining Mortgage Data Privacy appeared first on DSNews.
- Zombie Homes: The ‘Post-Housing Crisis Hangover’ NewCleveland is overrun with zombie homes. What is behind the abundance of abandoned homes, and how is the city working to combat the problem? The post Zombie Homes: The ‘Post-Housing Crisis Hangover’ appeared first on DSNews.
- CFPB’s Constitutionality at Stake NewThe U.S. Supreme Court has agreed to hear the appeal of a California law firm that argues the Consumer Financial Protection Bureau is unconstitutionally structured. The post CFPB’s Constitutionality at Stake appeared first on DSNews.
HousingWire Servicing
- Embrace Home Loans names new senior vice… NewEmbrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.
- Wells Fargo settles allegations of discriminating against…A federal investigation found that Wells Fargo discriminated against thousands of African American and female job applicants based on their race and/or gender, the Department of Labor said this week. The Labor Department announced this week that it reached a settlement with Wells Fargo over allegations of discrimination within bank’s hiring practices at locations in Arizona, Virginia, and Utah.
- Mortgage Tech Rundown: DocMagic, Loan Vision, and…Today's Mortgage Tech Rundown focuses on the latest product and software developments, integrations and more from companies like DocMagic, Loan Vision, and ZestFinance.
Mortgage News Daily
- Broker, Fraud, Credit, and Hedging Products; Lenders… NewHere’s a little trivia for you. What does San Francisco have six of that Manhattan has none of? Dirt roads! I don’t know if the cost of maintaining a dirt road is more than that of maintaining a paved road, but I do know that the industry is buzzing about Citi being smacked with a $30 million fine by the Office of the Comptroller of the Currency stemming from violations in relation to the holding period of other real estate owned. Yes, apparently there is a two-year limit on banks maintaining possession of a foreclosed property unless the bank applies…
- Correspondent, Home Equity Products; Warehouse Facility For… New“New! Freedom Mortgage Wholesale’s FHA Condo Single Unit Approval program allows for approvals of individual condo units meeting certain eligibility requirements even if the condo project is not FHA approved! Freedom Mortgage Wholesale is the right choice for a fast and easy FHA Condo approval. Relax - we coordinate the collection of all condo project information for you. Additionally, Freedom Mortgage will absorb any fees associated with Condo Questionnaire requests. Join us for FHA Condo Single Unit Approval training.” ...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
- Broker, LOS, Warehouse Products; Nationwide Events and… NewSen. Patrick Moynihan once said, “Everyone is entitled to their own opinions, but not their own facts.” In a question guaranteed to generate opinions, there is, “Rob, do you ever think that the mortgage industry will be like the gasoline business, dominated by a very few huge companies?” No, I don’t think so. The cost and barriers to entry are too low. I very much doubt that a few lenders will ever dominate the mortgage origination sector. Looking back over a few decades concentration among the top 30 lenders has been very fluid. The top 30 lenders had a 92%…
MReport
- Judging the Constitutionality of the CFPB NewThe U.S. Supreme Court has agreed to hear the appeal of a California law firm that argues the Consumer Financial Protection Bureau is unconstitutionally structured, positioning the justices to settle longstanding questions surrounding the legitimacy of the independent agency. The law firm, Seila Law, alleges that the structure of the agency grants too much power to ... The post Judging the Constitutionality of the CFPB appeared first on theMReport.com.
- The Week Ahead: Examining Existing Home Sales NewComing in The Week Ahead are reports on new residential sales, and a Banking, Housing, and Urban Affairs hearing is set for Thursday. The post The Week Ahead: Examining Existing Home Sales appeared first on theMReport.com.
- Housing: A Bright Spot Amidst Looming Possible… NewHousing is expected to be a source of strength in the near term, but according to expert analysis, other indicators are pointing toward an economic downturn ahead. The post Housing: A Bright Spot Amidst Looming Possible Recession appeared first on theMReport.com.
Appraisal Institute
- FEMA May Buy Millions of Properties in… NewOnly 43,000 properties at high risk of flooding have been sold to the government since 1989, but data released Oct. 9 by the Federal Emergency Management Agency showed that millions more may need to be purchased due to climate change, Bloomberg reported. The data also revealed that FEMA is unprepare [...]
- CoStar to Acquire Hospitality Analytics Firm STR… NewCoStar Group announced Oct. 1 that it will acquire global hospitality and benchmarking firm STR for $450 million in cash, allowing CoStar to provide data and analytics on the $3 trillion hotel asset class. The deal is expected to close during the fourth quarter.
- Cap Rates for Commercial Properties Drop in…Cap rates for retail, industrial and office properties in the single-tenant net lease investment sector fell for the second consecutive quarter, according to the Net Lease Market Report released Oct. 8 by investment services firm The Boulder Group, GlobeSt.com reported. The Federal Reserve's interes [...]
NAR
- Agencies Increase Residential Appraisal ThresholdThe Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively “the Agencies”) adopted a final rule increasing the threshold for requiring an appraisal in residential real estate transactions from $250,000 to $400,000.
- Appraisal Foundation Seeks Comment on EvaluationsThe Foundation's Appraisal Standards Board (ASB) is seeking input on whether USPAP should address standards for evaluations, and if so, how to differentiate that from appraisals.
- NCUA Increases Commercial Appraisal ThresholdThe National Credit Union Administration (NCUA) Board a final rule increasing the threshold below which appraisals are not required for commercial real estate transactions from $250,000 to $1,000,000.
Rob Chrisman
- Oct. 19: Letters on electronic signatures, cyber… NewGreetings from London. Parliament will be “sitting” on a Saturday for the first time in 37 years, and I decided to come here to watch the Brexit vote. Okay, I am here, but it is just a coincidence that this vote is happening today. The streets are packed with protestors and people watching the protesters. […]
- Oct. 18: Sales, MLO, AE jobs; broker,… NewHere’s a little trivia for you. What does San Francisco have six of that Manhattan has none of? Dirt roads! I don’t know if the cost of maintaining a dirt road is more than that of maintaining a paved road, but I do know that the industry is buzzing about Citi being smacked with a […]
- Oct. 17: Fraud, correspondent, home equity products;… New52% of Agency biz (e.g., Freddie and Fannie) is first-time home buyers. Over at HUD, according to the Mortgage Bankers Association (MBA), first-time home buyers account for more than 75 percent of FHA home purchases. FHA & VA continue to evolve – more below. Lender services and products “New! Freedom Mortgage Wholesale’s FHA Condo Single Unit […]
NAHB
- More than a Quarter of New Homes… NewNAHB analysis of the 2018 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing accounted for 28.6% of the market, while conventional financing dominated the market at 71.4% of the market share. Non-conventional forms of financing, as opposed to conventional mortgage loans, include loans insured by the Federal Housing Administration (FHA), VA-backed loans, cash... Read More ›
- Remodelers’ Confidence Holds Steady in Third Quarter…The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the third quarter of 2019, unchanged from last quarter (Figure 1). Since the second quarter of 2013, the RMI has been above its breakeven point of 50, which indicates that more remodelers report market activity is higher than report it is lower, compared... Read More ›
- Total Housing Starts Down on Multifamily, Single-Family…According to estimates from the U.S. Housing and Urban Development and Commerce Department, single-family starts edged up in September, consistent with recent gains for the NAHB/Wells Fargo Housing Market Index (HMI). However, the headline measure of total housing starts was down 9.4% for the month due to a large decline in the volatile multifamily sector. Single-family starts increased 0.3% to... Read More ›
Dustin Harris Blog
- Tips and Tricks for Appraising with a…As appraisers, we are on the go a lot, and the more portable our offices can be, the more successful we will be. If our offices are portable, then we ... Read More
- Steps to Help You Love AppraisingI’ve been doing appraising for most of my life, and I can honestly say that I love my job. I love running a business, I love driving around my beautiful ... Read More
- Revamp Your Staff MeetingsFirstly, if you are not currently holding staff meetings, you need to. It is important for you as a business owner to be frequently communicating with your staff. Your employees ... Read More
NAR - The Voice for Real Estate
- The Voice for Real Estate: October 7,…Proposed Fannie Mae and Freddie Mac reforms could have a major impact on your business; learn why NAR is advocating for its own reform proposal; see which remodeling project's scored as most valuable in NAR's latest Remodeling Impact Report, and get a sneak peek at next month's REALTORS® Conference & Expo. This week’s video is sponsored by the REALTOR® Benefits Program.
- The Voice for Real Estate: September 3,… NewBig changes to FHA condo loans coming in October; a look inside NAR's 2nd Innovation, Opportunity & Investment Summit; and a new effort to reduce food waste and feed the hungry. This week’s video is sponsored by the REALTOR® Benefits Program.
- The Voice for Real Estate: August 5,…The REALTOR® profile is getting larger on Chicago's Magnificent Mile, foreign purchases of U.S. homes dropped significantly in the last 12 months, and young real estate professionals are getting soaked for a good cause. Hear these stories and more in our show for the week of Aug. 5, 2019. This week's video is sponsored by the REALTOR Benefits® Program.
Bill Cob Blog
NREP
- Using Perfume as an Enhancement to Technology? NewUsing Perfume as an Enhancement to Technology? The post Using Perfume as an Enhancement to Technology? appeared first on National Real Estate Post.
- Liz Warren Debate Comments ExaminedLiz Warren Debate Comments Examined The post Liz Warren Debate Comments Examined appeared first on National Real Estate Post.
- Wells Fargo Looking AheadWells Fargo Looking Ahead CAMP EVENT INFO – CLICK HERE The post Wells Fargo Looking Ahead appeared first on National Real Estate Post.
RAC Blog
Calypso Blog
- Reliance Letter Minefield an appraiser real-world problem……by Francis X Finigan August 2019 Save this letter in your file; it will help protect you from liability and enhance your professional image. While not typical, there are enough requests for “reliance letters” that they are not uncommon. A mortgage broker may receive a copy of the appraisal report and want to submit it […]
- Appraisal Standards Board Considering Creating Standards for…The ASB could consider moving forward with a discussion draft or an exposure draft by late 2019. TAF once a draw a bright line between appraisals and evaluations. Background: “Federal Deposit Insurance Corporation, the Board of the Federal Reserve System, and the Office of the Comptroller of the Currency issued an advisory to clarify supervisory […]
