Lake of the Pines is a popular gated subdivision in Nevada county. 99% of the homes are detached SFRs. However, there is one street in LOP comprised of attached halfplexes/duets known as Lone Pine Drive. Every once in a while I'll receive an assignment on this street and...
Over the past few years, there has been continued questions and at times misinformation as far as what is appropriate communication between real estate agents and appraisers. The industry tends to shift in extremes and went to the far extreme in the post 2008 real...
Occasionally, when I get to the research comparable sales step in the appraisal process, I'll come across a situation where there has been no recent sales. In today's active market, this rarely occurs, but this does happen from time to time. Recently I came across...
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....
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...
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...
The real estate markets this spring and summer have been strong and robust to say the least! As an appraiser, it's easy recognize an upward trend and pressure on prices when I'm seeing many purchase contracts addressing concerns over the contract price not appraising. I've...
As a sports enthusiast, one time of year that I love following is college basketball's march madness. I'm not even a huge college basketball fan, but I enjoy following the bracket and taking part in a few competitions among friends for fun. The format of...