Valuations

Appraisal volume rises two weeks straight

Pushes four-week average higher
Appraisal volume spent most of the fall seesawing up and down. When it did post a consistent trend, it trended down. The latest report from a la mode on appraisal volume, however, finally breaks that downward spiral.
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Is your company one of housing’s top tech innovators? Hurry up and prove it!

Deadline quickly approaching for 2017 HW TECH100
As the calendar ticks ever so much closer to 2017, the housing industry pushes ever so much further into the technological revolution, one that promises to reshape how the entire industry operates. We here at HousingWire, your loyal companions on this journey into the future, know that there are hundreds (if not thousands) of companies in the industry that are on the cutting edge of these exciting technological developments. We think everyone else should know that, too.
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Appraisal volume finally edges slightly higher

After weeks of declines
After weeks of consistent declines, appraisal volume finally posted an increase for the week of Nov. 13. But it’s hard to say how long this will last given the likely rise in interest rates. This chart gives a look back on how appraisal volume has performed.
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Trump unveils plan to dismantle Dodd-Frank Act

"Bureaucratic red tape and Washington mandates are not the answer"
Now that the dust is starting to settle from the election, a clearer picture is beginning to emerge of what types of actions President-elect Donald Trump will pursue once the “-elect” is removed from his title. Chief among those planned actions appears to a plan to “dismantle” the Dodd-Frank Wall Street Reform Act.
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These Freddie Mac mortgages won't need an appraiser

Won’t require appraisals as early as this spring
Freddie Mac takes a (small) controversial step towards using data instead of appraisers in the mortgage process. While these efforts could shorten the time to close and even save the buyers money, as might be expected, appraisers are pushing back against this decision.
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Here's the housing story (or lack thereof) of the 2016 election

How housing didn't matter in this campaign
Well America, we made it. We survived the most ridiculous, insane, over-the-top, depressing, and ultimately underwhelming campaign in modern political history and we made it. It’s #ElectionDay. So considering that we focus on housing here at HousingWire (hence the name), we felt it important to look at how housing mattered (actually it didn’t) in this election cycle.
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Home price increases speed up in third quarter, hit new peak

West still holds most expensive markets
Home prices continue their upward trend, but even sped up in the third quarter due to a lack of housing inventory available. One market hovered near its previous quarter’s median home price of $1 million. And yet, despite all this, economists still explain that the market is more affordable.
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