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At B & J APPRAISALS, INC. we keep up with the latest real estate news from feeds like the one below. Feel free to call us at 914-654-8849 when you need a local expert.
News from Appraisal Scoop:
 
Real Estate Appraisers Optimistic About Future: Appraisal Institute Survey
7/21/2013 6:51 AM
CHICAGO (July 17, 2013) – More than three-fourths of U.S. real estate appraisers are very or somewhat positive about the demand for their services over the next one to two years, according to an Appraisal Institute survey released today. Eighty... Read More
 
Solidifi successfully launches EXTRAordinary Appraiser Program to the mortgage industry
7/21/2013 6:51 AM
BUFFALO, N.Y., July 11, 2013 -- /PRNewswire/ -- Solidifi, the country"s third largest independent provider of residential real estate appraisals and appraisal service provider of choice for 50% of the top 50 lenders in the U.S., turned the spotlight on... Read More
 
Agencies Issue Proposed Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
7/21/2013 6:51 AM
WASHINGTON— Six federal financial regulatory agencies today issued a proposed rule that would create exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The proposed exemptions are intended to save borrowers time and money and to promote... Read More
 
Senate Bill to Abolish Fannie and Freddie Hits the Floor
7/21/2013 6:51 AM
A bill to abolish the two government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae will finally be introduced today after months of preparation. Although not widely believed to be passable in its current form, any iteration is likely to... Read More
 
The appraisal profession - Looking ahead, the current system needs some enhancements
7/21/2013 6:51 AM
GUEST AUTHOR: William Pastuszek, MAI, SRA, MRA heads Shepherd Associates, Newton, Mass - See more at: New England Real Estate Journal Network. Do you remember how you became an appraiser? Did you have a friend in the business? A mentor?... Read More
 
10 Tips for Brokers to Help the Appraisal Process - Appraisal Insight Blog
7/21/2013 6:51 AM
REPRINTED FROM APPRAISAL INSIGHT BLOG - AUTHOR: Vic Knight has been a licensed real estate broker in North Carolina since 1984. He"s also a Certified General Appraiser in the state and is past president of the North Carolina Association of... Read More
 
Market Challenges - Adopting an Offensive Playbook
7/21/2013 6:51 AM
GUEST POST: Sally Carothers, SRA, FRICS, Chief Appraiser, CU Appraisal Services, LLC. Founding board member of the Ohio Coalition of Appraisal Professionals (OCAP) As we move towards the middle of 2013, there are there are several key economic indicators to... Read More
 
Stiffed Appraisers Go After Chase - Working RE Magazine
7/21/2013 6:51 AM
Guest Author Isaac Peck is the Associate Editor of Working RE Magazine and Marketing Coordinator at OREP.org, a leading provider of E&O insurance for appraisers, inspectors, and other real estate professionals in 49 states. He received his Bachelors in Business... Read More
 
Appraisal Institute: How Landscaping Can Impact Home Values
7/21/2013 6:51 AM
Source: Posted By susanne On May 19, 2013 @ 1:06 PM In Business Outlook,Real Estate Information,Real Estate News,Real Estate Trends,Today"s Top Story The Appraisal Institute recently advised homeowners to properly maintain their landscaping, which can significantly affect property values. “If... Read More
 
U.S. Senate Candidate FINALLY Pays 2005 Residential Appraisal Fee
7/21/2013 6:51 AM
Mass. GOP Senate candidate pays 2005 appraisal fee by Steve LeBlanc Associated Press / May 16, 2013 BOSTON (AP) — Republican U.S. Senate candidate Gabriel Gomez said he has paid an eight-year-old, $1,000 bill for an appraisal on his Cohasset... Read More




News from Appraisal Scoop:
 
Mortgage Rates Sideways Near 2-Month Lows
5/5/2021 2:42 PM
Mortgage rates were mixed today, depending on the lender.  On average, rates were unchanged and remained very close to their lowest levels in nearly 2 months.  The bond market (which most directly impacts day-to-day rate movement) was calm.  Both of today"s important econom...Read More
 
Mortgage Rates Fairly Steady Near Recent Lows
5/4/2021 3:38 PM
Last week fired warning shots across the bow of April"s mortgage rate rally.  New month, new momentum?  No, not just yet.  In fact, we haven"t seen much of anything so far this month.  Last week"s initial threat of rising rates quickly gave way to a move back in the...Read More
 
Moment of Truth For Rates and Housing
4/30/2021 5:09 PM
This week"s 6.4% reading on Q1 GDP reinforced the notion of a strong economic recovery. In turn, the recovery helps to justify the sharp move higher in rates seen during the same 3 months. Rates managed to recover quite a bit in April, but ended up rising slightly this week, by some measures. Is the intermission over? Th...Read More
 
Mortgage Rates Recover After Some Morning Drama
4/29/2021 3:19 PM
Mortgage rates were mixed today, depending on the lender.  Virtually every lender began the day with slightly higher rates, but most offered mid-day improvements in response to market conditions.   As always, worth remembering t...Read More
 
No, The Fed Didn"t Do Anything To Mortgage Rates Today
4/28/2021 3:40 PM
The Federal Reserve released a new policy announcement today.  This is one of the 8 times per year where the Fed can opt to change "rates," or adjust its other policies that impact "rates."  Fed announcement days have a track record as being some of the best (or worst) days for mortgage rates.  That said, they can be comple...Read More
 
Mortgage Rates Continue Edging Slightly Higher From Recent Lows
4/27/2021 3:25 PM
Mortgage rates have fallen almost every single day in April.  By the end of last week, that meant the average lender was offering the lowest conventional 30yr fixed rates in more than a month. The first two days of the current week have taken rates in the other direction, albeit at a very modest p...Read More
 
Disconnect Between Home Sales, Prices, and Rates
4/23/2021 5:16 PM
This week"s New Home Sales report (for the month of March) stole the show, coming in over 1 million for the first time since 2006. But although sales are up 66% year-over-year, prices have fallen in recent months and are now basically unchanged from last year. What"s up with that? Making this all the mor...Read More
 
Mortgage Rates Improve on 7-Week Lows
4/22/2021 4:06 PM
Mortgage rates fell to the lowest levels since March 2nd or 3rd (depending on the lender) yesterday and today they fell just a bit more.  Most borrowers will see the exact same rate quotes as yesterday, but a few will have slightly lower upfront costs (or higher lender cred...Read More
 
Mortgage Rates Match 7-Week Lows
4/21/2021 2:39 PM
Last Thursday was the best day for mortgage rates in more than a month, and while they bounced back up on Thursday afternoon, they"ve been falling modestly since then.  Yesterday got us close to last Thursday"s lows.  Today helped us match them.  That means t...Read More
 
Mortgage Rates Back Near Lowest Levels in Weeks
4/20/2021 3:23 PM
Mortgage rates hit their lowest levels in more than a month last Thursday, but reversed course later that afternoon.  With that, it looked like rates would continue settling in to a sideways range for April (not a bad outcome considering the abrupt rate spike seen in the first 3 months of...Read More




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