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Results: 12 Articles found.
Sep 26, 2018

Appraisal Institute Contributes at Major Industry Events in September

The Appraisal Institute announced Sept. 26 that its elected officers represented the organization at several high-profile events during the month.

 

Sep 26, 2018

AI Hosts President’s Forum to Talk Opportunities with Industry Leaders

The Appraisal Institute on Sept. 20 hosted in its Chicago headquarters the third meeting of AI’s President's Council where representatives from some of the world’s largest real estate appraisal and advisory firms talked about the state of the valuation profession and discussed opportunities for appraisers.

 
Sep 26, 2018

AI, MBREA Ask Court to Reject Judicial Appraisal Review in Certain Cases

The Appraisal Institute and the Massachusetts Board of Real Estate Appraisers on Sept. 20 submitted an amicus brief with the Massachusetts Supreme Court asking the court to reject a request to allow judicial review of appraisals where there is no allegation of fraud, corruption, dishonesty or bad faith.

 

Sep 26, 2018

Mortgage Rates Hit 4-Month High

Mortgage rates reached their highest level since May, bolstered by the strong economy, higher U.S government debt issuances and global trade tensions, Freddie Mac reported Sept. 20 in its Primary Mortgage Market Survey. While purchase applications have risen for five consecutive weeks, things may be more volatile following Hurricane Florence.

 
Sep 26, 2018

Significant Student Debt Leads to Homeownership Delays, Survey Shows

Significant student loan debt has caused many millennials and women to postpone their home purchases, according to a survey released Sept. 17 by community development nonprofit NeighborWorks. The survey showed that 57 percent of millennials and 29 percent of women are burdened with student loan debt.

 

Sep 26, 2018

Existing Home Sales Unchanged in July, Halting Months of Declines: NAR

Existing home sales remained steady in July, reversing months of declines, the National Association of Realtors reported Sept. 20. Home sales grew the most in the Northeast and the Midwest, cancelling out losses in the South and the West.

 
Sep 26, 2018

Manufactured Homes Appreciate as Well as Site-built Homes, Report Shows

Manufactured homes appreciate at levels similar to those of site-built homes, according to a report released Sept. 13 by the Federal Housing Finance Agency, the Urban Institute reported. The number of manufactured homes shipped in recent years is down, partly due to the perception that appreciation rates are lower.

 

Sep 26, 2018

Refinancing Rises as Interest Rates Remain Relatively Steady: Ellie Mae

Closed refinances rose in August, marking the first increase for the year as the rise in interest rates has steadied since June, according to Ellie Mae’s Origination Insight Report, MarketWatch reported Sept. 19.

 
Sep 26, 2018

Rising Costs Biggest Challenge Facing Commercial Developers: Survey

Escalating costs is the biggest challenge that commercial real estate developers will face over the next five years, according to an Altus Group survey of more than 400 property development executives, MBA NewsLink reported Sept. 18. Other big concerns: labor shortages, development approval process and cross-border trade policy.

 

Sep 26, 2018

Investors Expect Senior Housing Market to Remain Strong, CBRE Reports

Nearly two-thirds of real estate investors said they are planning to add more senior housing to their portfolios, and interest in independent living properties is especially high, according to commercial real estate company CBRE, MBA NewsLink reported Sept. 17. The senior housing vacancy rate is hovering around 9 percent.

 
Results: 12 Articles found.

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