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New Home Sales Crush Forecasts; Rates Higher to Start Week

New home sales, rather than dropping like a rock, rose 0.6 percent in April according to the U.S. Census Bureau and the Department of Housing and Urban Development. Part of the gain is due to a revision of the March sales numbers from an original estimate of 627,000 seasonally adjusted annual units to 619,000. This added to the month’s 15.4 …

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Impact of COVID-19 on Renters, Homeowners

During a virtual roundtable with the House Financial Services Committee, industry leaders said renters need a long-term solution once eviction moratoriums are lifted. The post Impact of COVID-19 on Renters, Homeowners appeared first on DSNews.

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Client versus Intended User

A student in my USPAP Update class recently asked me, “I know I can discuss the report with the client, but I’ve talked about the report with other intended users, too. Isn’t that why they are an ‘intended user’?” Let’s take a look at this issue in a bit more depth, starting with the definitions of “client” and “intended user” …

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Pondering Property Preservation

Scott Arnold of Wells Fargo Home Lending spoke to DS News about some of the recent trends and challenges facing the industry, as well as the role technology plays in it. The post Pondering Property Preservation appeared first on DSNews.

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