The Appraisal Blog

February 27th, 2020 7:29 AM
I missed it back in January ... but apparently there is an appreciation day for appraisers!!  Thank you to all my fellow appraisers for what you do!


https://appraisalfoundation.sharefile.com/share/view/s21d088c03b34bbca

Posted in:Appraisal and tagged: #Appraisal
Posted by Robert S. Abbott on February 27th, 2020 7:29 AMView Comments (1)

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February 24th, 2020 7:46 AM


Rates continue to fall, even more so now lead by the COV19 scare pushing the treasury rate down.  We could be headed for another refi boom in March... 

http://www.mortgagenewsdaily.com/consumer_rates/931508.aspx

Posted in:Mortgage and tagged: #Mortgage
Posted by Robert S. Abbott on February 24th, 2020 7:46 AMLeave a Comment

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February 20th, 2020 7:38 AM
Frisbo, For sale By Owner, FSBO ... call it what you want but if you want to save the realtor commission and do it yourself you should still make sure you are getting the most you can for your property.

A pre-lisitng appraisal will assure you that you are not selling yourself short nor asking too much with your property sitting on the market longer than necessary.

Even Zillow recommends a pre-listing appraisal...



https://www.zillow.com/sellers-guide/how-much-above-appraisal-should-i-list-my-house/

Check out our service...

https://www.appraisalfirm.net/videoFSBO.x

Posted in:FSBO and tagged: #FSBO
Posted by Robert S. Abbott on February 20th, 2020 7:38 AMLeave a Comment

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February 17th, 2020 7:38 AM
Hmmm ... this doesn't seem like an issue to me.  Listing prices are asking prices ... and nothing more.  If people are asking too much for a house they won;t find a buyer and will eventually need to reduce their asking price.  The market will correct this.



https://www.inc.com/minda-zetlin/most-overpriced-us-cities-homes-home-buyers-real-estate-bethesda-arcadia-new-york-dallas-new-orleans.html

Posted in:Market and tagged: #Market#Appraisal
Posted by Robert S. Abbott on February 17th, 2020 7:38 AMLeave a Comment

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February 6th, 2020 8:32 AM
NIMBYism in full force.  Apparently if you've lived in an area forever, no new development should be allowed.  Personally I think development is good, things change.  It is the natural cycle of things.



https://www.sandiegoreader.com/news/2019/dec/17/stringers-carlsbad-road-manhattan-beach/#

Posted in:Development and tagged: #Development
Posted by Robert S. Abbott on February 6th, 2020 8:32 AMLeave a Comment

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February 3rd, 2020 7:55 AM
Proposed mixed use development in Poway getting some push back from the city council.


https://www.sandiegouniontribune.com/pomerado-news/news/story/2019-12-17/fairfield-to-submit-revised-poway-development-plans

Posted in:Development and tagged: #Development
Posted by Robert S. Abbott on February 3rd, 2020 7:55 AMLeave a Comment

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January 30th, 2020 11:44 AM
I love good architecture ... it is art on a grand scale.  Enjoy these masterpieces...
  


https://newatlas.com/architecture/2019-best-buildings/

Posted in:Architecture and tagged: #Design#Architecture
Posted by Robert S. Abbott on January 30th, 2020 11:44 AMLeave a Comment

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January 27th, 2020 8:24 AM
Are pocketing listings prevalent in your area?  If you are having a tough time finding a house and have an agent who works the neighborhood you are looking to buy in, they can be beneficial.  Of course the flip side is if you don't have that agent you could miss out on certain properties.  The agent gets to double end the deal, but is it worth it?


https://www.housingwire.com/articles/nar-bans-pocket-listings/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_source=hs_email&utm_medium=email&utm_content=80023548&_hsenc=p2ANqtz--bTRwl0X92xfHe0VEkJuCscVn13e2EzVLqqPsweOpA4qc4S2WV9q339akdoctUch6Qrk7e5mH1u3aoxkEckdOHadbsAQ&_hsmi=80023548

Posted in:Home Buying and tagged: #HomeBuying#
Posted by Robert S. Abbott on January 27th, 2020 8:24 AMLeave a Comment

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January 23rd, 2020 8:05 AM
Zillow estimates 27% (or 20 million) owner occupied homes will be released into the market over the next 17 years.  This is should bring some relief to the shortages we are currently experiencing...



https://www.housingwire.com/articles/zillow-says-housing-market-will-open-up-after-silver-tsunami/


Posted in:Home Buying and tagged: #Market#Economy
Posted by Robert S. Abbott on January 23rd, 2020 8:05 AMLeave a Comment

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January 16th, 2020 8:13 AM
Housing market remains strong with future home construction up at the end of last year.  Is this too little too late?  Will it be enough to slow rising prices?  Only time will tell.



https://www.cnbc.com/2019/11/19/us-housing-starts-total-1point314m-in-october-vs-1point320m-expected.html

Posted by Robert S. Abbott on January 16th, 2020 8:13 AMLeave a Comment

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