By Brooke Tanner Picture this. You are one week away from the closing table, and your first-time homebuyer’s lender calls with stressful and unfortunate news. The underwriting team has finished their final review and discovered that your buyer is no longer qualified to purchase…
Rising interest rates, a slowdown in home purchases, and consolidation of the lending industry comprise the three predicted events most likely to affect the appraisal business in 2019. But while home sales may slow or stagnate, appraisers can still profit from the proliferation of…
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.…
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