Is the appraisal profession about to see a surge of newcomers? The industry sees a major spike in Millennial exam takers. The real estate market sees a significant drop in home sales competition. The ASB announced last week that it will be issuing a…
The U.S. housing market value rose to a whopping total of $33.3 trillion in 2018. Software company CoreLogic will sharpen its focus on appraisals beginning this year. A recent survey shows that Gen-Xers and older Millennials would rather invest in stocks vs. real estate.…
Earlier this week, Fannie Mae issued a new edition of its Appraiser Update e-newsletter; this edition was titled Special Edition for Rural Appraisal. The newsletter covers several topics of interest to rural appraisers, including a summary of recent changes to Fannie Mae’s policies, information…
The US housing market may be in trouble. One author argues FHA mortgage insurance premium pricing is not likely to drop, despite what others have predicted. Marcus by Goldman Sachs® and HouseCanary roll out a home addition calculator for homeowners considering renovations. Freddie Mac…
If you operate as a self employed appraiser, you may feel that you don’t have access to the same quality or amount of benefits that you might enjoy working for a larger company. The good news is, with the rise of freelance employees and…
Mid-year commentary predicts notable changes for the appraisal market, partly due to the recent Dodd-Frank rollback bill. Democratic Senators threaten to freeze Trump’s nominee for the new director of the CFPB. The “Appraisers” page on Fannie Mae’s website seeks to help appraisers by giving…
Fannie Mae alerts the industry to mortgage fraud schemes involving the falsification of borrower employment. U.S. home prices continue to increase in all 50 states. The VA’s Deputy Director of Loan Guaranty Services is working hard to improve the homebuying process for veterans. Plus,…
Earlier this week the House passed the Economic Growth, Regulatory Relief and Consumer Protection Act, colloquially known as the Dodd-Frank rollback bill. The Allterra Group announced the release of its 2018 AMC Directory. And Fannie and Freddie issued a joint press release announcing plans…
There’s always plenty of talk about fees in the appraisal profession, and we’ve featured two articles this week that offer opposing views on varying appraisal fees. The Great Recession put plenty of people out of work, spurring the entrepreneurial spirit for many out of…
Some good news for the appraisal community this week! The ASC denied TriStar Bank’s appraisal waiver request for appraisals performed in certain parts of Nashville. Significant reductions to the AQB qualification criteria for licensed and certified appraisers go into effect next week. HouseCanary’s “privacy…
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