price-per-sqft - Appraisers Blogs https://appraisersblogs.com/tag/price-per-sqft/ Appraisal News and Tips for Real Estate Appraisers Tue, 25 Jun 2019 00:10:59 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 price-per-sqft - Appraisers Blogs https://appraisersblogs.com/tag/price-per-sqft/ 32 32 52046035 Bye-bye 1004MC, Hello Analysis https://appraisersblogs.com/goodbye-1004MC-hello-neighborhood-experts https://appraisersblogs.com/goodbye-1004MC-hello-neighborhood-experts#comments Fri, 17 Aug 2018 12:30:34 +0000 https://appraisersblogs.com/?p=18947 On July 31, 2018, at the Appraisal Institute Annual Conference, Fannie Mae announced the end of the 1004MC. News quickly spread among the appraisal blogosphere, and on August 7, 2018, the new Selling Guide showed that the 1004MC was no longer required. Rejoicing was heard throughout the land. Although the 1004MC is no longer required by Fannie Mae, the appraiser still needs to support their opinion of market trends, supply and demand, and marketing time. The exact verbiage found in the 8/7/18 updated Selling Guide is: The appraiser’s analysis of a property must take into consideration all factors that affect...

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]]> https://appraisersblogs.com/goodbye-1004MC-hello-neighborhood-experts/feed/ 22 18947 Real, Real Estate Reform Needed https://appraisersblogs.com/real-estate-reform-system-make-over-needed https://appraisersblogs.com/real-estate-reform-system-make-over-needed#comments Thu, 07 Apr 2016 12:30:00 +0000 https://appraisersblogs.com/?p=11648 What a crazy system we have grown into since Dodd-Frank. All this talk about “Big Data” and “Standardization” makes me want to scream! Enough is enough. Before we get to the appraisal process discussion, let’s talk about how real estate is priced all across this country. Realtors® price homes, period. No Big Data, no thoughts of mortgage risk, accuracy, consistency, transparency, and no one is looking over their shoulders asking “why” on every choice they make. No regression analysis, no quality or condition ratings, not too much of anything that resembles an appraisal these days. Yet, they are quick to...

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