With continued upward pressure on prices in many market areas, it is always wise to identify trends within trends. When appraising, I always look at the overall market and as well as the segmented market of the subject property. Further, I look at a variety...
So far in 2016, the overall real estate market has been seemingly the perfect storm of low interest rates, shortage of inventory, and spring fever combined with strong buyer demand. Here are a few of my takeaways and thoughts as we head into summer. Market Recap: 1)...
While losing a loved one can be a very emotional and difficult time for everyone, it is prudent to determine value of property at the date of death for estate tax purposes between heirs and beneficiaries. The appraisal can be retrospective meaning an appraisal can...
As 2016 has begun, interest rates have done the opposite of what experts were warning and trended downward. I have experienced a very busy 2016 so far as spring fever seemingly began in January. Below is a breakdown of each price category in Placer County....
More recently, real estate agents and homeowners have hired a real estate appraiser as a 3rd party to gain a neutral opinion of the property in question. Here are some pre-listing and post-listing appraisal benefits. Advantages of a Pre-Listing Appraisal- 1) The real estate agent and...
So what is in store for real estate in 2016? The surrounding markets were active in 2015 with prices at the very least stable if not trending upward at some point during year. Of course every local neighborhood varied in price appreciation. So, will prices...
With 2015 winding down, I wanted to take a moment and reflect over this past year. This year has been a successful year for many reasons. On a personal note, I am thankful for my health, family, friends and the many blessings that I have....
So far into the 4th quarter, Roseville real estate has continued to be active with no significant slow down. While active listings have decreased, so have pending and closed sales, thus keeping the demand/supply in balance (see charts below). Based upon current data and graphs,...
As we enter the fall real estate season, the real estate market often shifts into a slower period. Based upon current data, the Auburn real estate market looks to remain healthy overall heading into the final two months of 2015. Here is a brief breakdown...
As some may have heard and experienced recently, FHA guidelines have changed this past September. These changes will impact real estate appraisers, agents and homeowners. From an appraisal standpoint, they have modified the word "inspection" to "observation" but after reviewing the new guidelines, it looks...