Modest Uptick in Commercial Property Sales and Prices…
Commercial real estate deals and prices of properties that are typically less than $2.5 million are still rising though at a modest pace.
July 30, 2019
Commercial & Investment Real Estate
Category: real estate market
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June 2019 Existing-Home Sales
June 2019 Existing-Home Sales
Housing market activity this June fell 1.7% from May 2019. June’s sales of existing homes fell 2.2% from June 2018.
July 24, 2019
Expert: Tech firms are slow to develop appraisal technology
Technology providers are slow to enter and develop new tech for the home valuations space, leaving appraisers lacking when it comes to new technology options.
Foreign Buyer Residential Purchases Drops by 36%
Foreign Buyer Residential Purchases Drops by 36%
Foreign buyer purchases of U.S. existing homes fell sharply during the period April 2018–March 2019, a 36% drop from the previous 12-month period.
July 17, 2019
International Real Estate
May 2019 Housing Affordability Index
May 2019 Housing Affordability Index
At the national level, housing affordability is down from last month, but up from a year ago.
July 15, 2019
Homeownership Rate Trends in 2009-2017: Improving, but Wide Racial Disparities Exist
Homeownership Rate Trends Improving, but Wide Racial…
This post looks at states seeing increases in homeownership, and at homeownership by race in each state.
July 9, 2019
Expert: AVMs will soon represent 70% of valuations
Automated valuation models often come under special scrutiny as mortgage experts seek to increase technology in the industry while warding off the possibility of another housing crisis, but one expert explained why AVMs could work in today’s mortgage lending environment.
Nearly 110,000 Fewer Construction Job Seekers than Openings as of May 2019
Nearly 110,000 Fewer Construction Job Seekers than…
Job openings in construction in May 2019 outpaced the number of workers looking for construction jobs.
July 3, 2019
May 2019 Pending Home Sales
May 2019 Pending Home Sales
May’s pending home sales pace was up 1.1 percent last month but fell modestly at 0.7 percent from a year ago.
June 27, 2019
Real estate appraiser wins invasion of privacy lawsuit against CoesterVMS
It’s been a rough couple of months for Brian Coester, and it doesn’t seem like things are turning around just yet. The owner of the now defunct CoesterVMS, once one of the largest AMCs in the country, just lost a legal battle with an appraiser who sued Coester for hacking into his email, and now Coester will likely be forced to cough up damages.