Appraisal & Valuation Archive

Unrealistically Low Appraisal Values in Up Markets a Problem

Each month, the National Association of REALTORS® obtains up-to-date and on-the-ground incisive comments from REALTORS® who participate in the REALTORS® Confidence Index (RCI) survey. The RCI survey tracks expectations about overall market conditions, buyer/seller traffic, price, buyer profiles, and...

Cutting Through the Red Tape

The concept of utilizing a large scale refinance program to aid the ailing housing market and to stimulate the economy has been floating around since 2008 (1). Since then, rates eased below 4.0%, yet millions of Americans have not...

NAR Member Profile Highlights: Transaction Sides

Last week, the Member Profile was released. The Profile indicated many positive changes in 2011: The typical member had 10 transaction sides in 2011 – a rise from 8 in 2010. A transaction side can either be on the...

Realtor® Confidence Improving

By: Jed Smith and George Ratiu According to information in the latest Realtors® Confidence Index, Realtor® comments continued to indicate recovery in the residential markets. All real estate is local, so comments were varied depending on location: Pricing: Respondents noted...

REALTORS®’ Confidence: Outlook is Up, Though Issues Remain

Realtor® comments and replies this month to the January 2012 survey for the REALTORS® Confidence Index indicate favorable market developments but also continued concern with issues related to lending and appraisals: http://www.realtor.org/research/research/reps. REALTOR® confidence in the outlook for the...