5 Highest Appreciating Home Markets Include 3 Ds
Although two cities located in the Northwest consistently top the list of areas with the fastest-rising home values, a trio of D-cities recently rounded out the top five.
Record Prices, Market Time as Existing Home Sales Up
Monthly sales of pre-owned residential properties rose. Record prices are being paid for existing homes as properties fly off the market. Time on market was a record low.
AMC Acquisitions, Partnerships and Expansions
In the valuation industry, an appraisal management company has been acquired, while several AMCs have partnered to create a bigger firm. Other AMCs have enhanced their offerings.
La Appraisers Sued for Restraining Price Competition
A regulation that was adopted in Louisiana restrained price competition among appraisers, according to a legal action that was filed against the state's appraisal board.
Bank Regulators Ease Appraiser Requirements
Federal regulators of the nation's financial institutions have come up with a short-term solution to the shortage of real estate appraisers.
Home Prices in West Continue to Outperform
U.S. home values again escalated, with some pockets seeing stronger growth. Price gains on the West Coast continue to lead the nation.
VA Clarifies Appraisal Requirements
The Department of Veterans Affairs has clarified its appraisal requirements on loans secured by properties located in rural areas.
Millennials As Real Estate Appraisers?
While the average age of people in the home valuation field is north of 50, there are some features to the appraiser profession that might be well-suited for Millennials.
Consumers Expect Bigger Home Price Gains
A survey of consumers by the nation's central bank indicates increased expectations for rising home prices and interest rates.
Northwest, Mountain Lead Home Price Gains
Home prices continued to rise, with some indices achieving new highs. Areas in the Northwest and Mountain Region maintained a tight grip on top spots.