At the start of the year, I asked 4 questions that may impact real estate going into 2017. I can't believe we are already 1/2 way through 2017 as this year has flown by. Generally, I have to admit, this year has taken me by...
Over the past year, I've continued to incorporate more private appraisal assignments such as estate, divorce, pre-listing, etc. Out of these, the most common assignment I've completed for clients is estate appraisals. While losing a loved one can be a very emotional and difficult time for...
When reviewing potential comparables during research appraisal process, we are fortunate to have many tools at our disposable. Not only does the MLS provide photos and detailed comments about a property, but we have 3rd party resources like google earth, etc. to help us gain...
It seems once or twice a year, I'll receive an appraisal assignment that appears to be a typical acreage property assignment. I'll go through the normal pre inspection research, pull possible comparables, etc. then come to find out when arriving at the property that the...
As 2017 unfolds, I can't help but reflect on the factors that contributed to an extremely busy year in real estate in 2016. As I've mentioned before, low interest rates, low inventory, accessible financing and motivated buyers and sellers all contributed to continued price appreciation...
As 2016 winds down, I'd like to take a moment to thank all my clients that I've worked with this year. This year has been one of the busiest years of my career and, greatly appreciate working with all of you. I've also continued to expand...
With the election over, many are thankful that Facebook will hopefully go back to pictures of family, events, and less important topics. All kidding aside, the topic of discussion recently has been how President Elect Trump will impact all markets. Regarding the housing market, more than...
Market Update- In a recent blog this summer, I discussed how seemingly some neighborhoods that have increased in 2016 seemed to be leveling off. As we head into fall, I've continued to notice this trend of stabilizing and/or leveling off of prices in many neighborhoods. To...
Since Brexit, interest rates have generally trended downward which have caused many homeowners to refinance their homes due to three-year lows in mortgage rates. While this is great and keeps us busy with work, most appraisers are now flooded and booked out beyond normal turn...
In 2016, it seems the stars have been aligned perfectly for the housing market with low inventory, good buyer demand, time of year and low interest rates. Most market areas have seen these factors transition into rising home prices. Moreover, since Brexit, if rates weren't...