Items Tagged with 'Appraisals'


The 'perfect storm' blocking your business this spring-buying season

A look behind spring's appraisal volume
What’s presumed to be the hottest buying season of the year isn’t shaping up to that due to a flurry of factors that are growing into the perfect storm. For this week's appraisal volume data, Kevin Golden, director of analytics with a la mode, explained more on what's going behind the data at the Mortgage Bankers Association’s Secondary conference in New York City.
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Homeowners still overestimate what their home is actually worth

Appraised values continue to be lower than expected
As the appraised values drop lower than expected, home values continued to slowly climb in March. San Jose, Denver, San Francisco, Dallas and Houston were the highest in appraiser value, while in Philadelphia, Baltimore, Chicago and Detroit values came in lower.
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Fort Worth homeowners face uphill challenge to fight county appraisal values

Appraisal methods questionable?
Homeowners in the area started getting notices last week and they have until the end of May to file protests of the increases. However, filing a protest requires comparing the data on comparable home values, which are now tied up because of a lawsuit filed by the appraisal district's software licensing vendors.
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Study: Home values increase when solar panels get installed

Research considers appraisal values of homes across six states
Homebuyers question the effect solar energy would have on their home value. A new study across six states suggests that it could increase the price of the home, but raises serious questions concerning the methodology of the appraisers, especially in areas where there are no comparable home sales.
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Appraisal volume modestly rises

Four-week average remains stable
It was another good week for appraisal volume, with this week's rise pushing the four-week moving average higher. While refinance activity is down, the positive home buying season is helping counteract this.
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