Clients continue to require more market analysis be included in appraisals. That said, appraisers are not expected to be prognosticators and cannot foretell the future. Through a selection of comparable sales including listings and pending transactions, as well as whether they reconcile their opinions…
The world has changed in many ways since the start of the pandemic, but one major change is a new interest in international real estate. With remote work becoming the norm for many people in the United States, some who are ready for a…
For homeowners, much of 2020 and 2021 were spent refinancing their current mortgage rates and enjoying lower monthly mortgage payments. And, who could blame them with federal funds rates as low as 0.25% when the pandemic began, pushing mortgage rates to historic lows? Even…
Could the end of historically low mortgage rates be near — and could it be a good thing for real estate? For more than a year, many homebuyers have enjoyed borrowing rates lower than 3%. These low rates somewhat offset rising home prices, encouraging…
At McKissock Learning, we want our customers to have all the resources they need to be successful in real estate. That’s why we’ve teamed up with RISMedia, the leading provider of the most relevant and up-to-date information related to the residential real estate market.…
When Kenny Chesney’s 56-acre country hilltop estate goes up for sale, people take notice. In fact, so many people took notice when Chesney’s Nashville, TN property hit the market that it quickly became one of Realtor.com’s most popular listings in August. But is the…
Good news for agents working with first-time home buyers on a budget: after nearly two years of ultra-low inventory and rising property values, small, affordable homes are starting to hit the market at a steady rate. According to a recent article in Business Insider,…
The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year.…
From opening up restaurants for dine-in service to loosening restrictions on travel, the country is getting back to normal in a mostly post-pandemic world. However, some things may never go back to “normal” — like the way we work. Over the past year, working…
What do outer space and real estate have in common? These days, more than you’d think. With billionaires like Richard Branson, Elon Musk, and now Jeff Bezos taking an interest in space travel, space tech companies like SpaceX and Blue Origin are taking notice…
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