Housing Outlook: The Forecast Calls for Ongoing Uncertainty
Housing tea leaves today point conflicting directions - appreciating home values collide with plunging purchase volumes hinting at wavering demand.
Deed Fraud Flourishes Due to Deficiencies in Property Records Process
The recent increase in deed theft schemes highlights deeply concerning gaps within current real estate title protocols that allow fraud to occur.
Variance Analysis: An Indispensable Appraisal Tool
When appraising a property, it's crucial to compare its actual value versus predicted value. This process helps appraisers make accurate valuations amid a shifting real estate market.
Housing Market Health Depends on Balancing Supply and Demand
New home sales slowed in many markets as affordability eroded, though incentives are partly offsetting declines.
Housing Affordability Crisis Calls for Nuanced Policy Response
With mortgage rates stuck above 7.5%, home prices at record highs, and purchase applications plunging, it's clear drastic action is needed to aid struggling homebuyers.
New Evidence Points Away From Appraiser Bias
A recent analysis of appraisal data by the American Enterprise Institute provides compelling evidence that differences in home valuations are not primarily attributable to racial bias by appraisers.
A More Equitable Housing Market Starts with Objective Appraisals
Subjective language raises concerns about fairness and transparency in the home valuation process.
Luxury Fort Myers Beach Condo Finally Complete After 45 Months of Delays
London Bay Developers Rejoice as Fort Myers Beach Condo Defies Challenges
Charlotte County Pauses Proposed Accessory Dwelling Code Changes After Concerns
Charlotte County commissioners have postponed a decision on amending zoning codes to allow accessory dwelling units (ADUs) on single-family lots.
Luxury Apartment Complex Approved in Naples After Lengthy Debate
The Collier County Board of Commissioners voted 4-1 on Tuesday (10/24/2023) to approve plans for a new upscale apartment community along Vanderbilt Beach Road in Naples, Florida.
The Sunshine State Struggles to Fill Vacant Rentals
New data reveals an immense number of empty houses across major US cities. Over 5 million vacant units exist in the 50 largest metro areas, per the US Census Bureau. Florida cities like Miami and Tampa have especially high vacancy rates.
Where's The Tylenol? Why Buying A House Is So Stressful
The process of purchasing a home has become extremely complex, frustrating many potential homebuyers. Experts point to numerous pain points in the current real estate market that make buying a house overly difficult.
Understanding USPAP 2024: Key Changes Appraisers Need to Know
New USPAP changes will go into effect on January 1, 2024. While most of the changes won’t have a significant impact on how appraisals are performed, it is important to know and understand them.
Mortgage Rates Surge to 20-Year Highs in 2023
The effect of mortgage interest rates being at 20-year highs can have significant implications for the housing market and borrowers.
Real Estate Appraisals and Property Improvements: Understanding the Impact
Whether you're a homeowner looking to increase your property's value or a buyer interested in understanding the impact of renovations, it's crucial to understand how appraisers evaluate improvements.
The Real Estate Appraisal Process: How Long Does It Typically Take?
The duration of a real estate appraisal can vary depending on several factors. In this blog, we will explore the typical duration of a real estate appraisal process and factors that may influence its timeline.
The Impact of Location on Property Value: Unveiling the Key Factors
When it comes to real estate, the adage "location, location, location" holds true.
The Disconnect Between Short-Term Rentals and Residential Valuation
Due to the rise of short-term rental platforms like Airbnb and VRBO, its critical to understand the disconnect between short-term rentals and residential valuation.
Green Appraisals: Evaluating the Value of Energy-Efficient and Sustainable Homes
As the world becomes increasingly conscious of the environmental impact of our choices, the demand for energy-efficient and sustainable homes has grown substantially.
The Importance of Getting Your Home Professionally Measured Before Listing It for Sale
While it may seem like a minor detail, getting your home professionally measured before listing it for sale can make a world of difference in attracting potential buyers and ensuring a smooth selling process