Appraisal & Valuation Archive

UPDATED: Online Home Value Estimates Are NOT Appraisals

This blog was originally published on June 29, 2017.  It has since been updated to reflect new data. Consumers who are seriously in the home buying and home selling market should be mindful of a variety of competing home...

64 Percent of Contracts Were Settled on Time

In reporting on their last contract that went into settlement or was terminated over the period June–August 2016, respondents indicated that 64 percent of contracts were settled on time, 30 percent had delayed settlement, and six percent were terminated,...

Concern about Fast-Rising Prices, or Overworked Appraisers?

While the market seems to have made steady progress adjusting to the TILA/RESPA Integrated Disclosure (TRID) rules and TRID-induced delays,[1] a new contract-delaying culprit may be re-surfacing. In addition to flashing yellow lights on affordability as home prices continue...

Major Real Estate Issues – As Noted by REALTORS®

Every month REALTORS® provide a variety of comments in responding to the survey for the REALTORS® Confidence Index. Changes in the types of comments received highlight the current problems and opportunities around the country. A Changing Market: The biggest...

REALTORS® Confidence Index: REALTOR® Comments

REALTORS® frequently provide comments in their responses to the monthly REALTORS® Confidence Index survey.  The January responses in general were upbeat, focused on the ongoing recovery of the residential real estate markets.  However, there continue to be problems associated with...