Thursday , 28 January 2021

real estate

Redfin: ‘December Housing Market Felt More Like Spring Than Winter’

According to a new report from Redfin, the national median home-sale price rose 13% year over year to $334,300 in December, as home-buying demand stayed strong during the run-up to the holidays. Closed home sales were up 16% from a year earlier, and pending sales were up 35%, according to Redfin. New listings were up just 14%. “The December housing market felt more like …

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No Surprise Here: Compass Files for IPO

One of the worst-kept secrets in the real estate world was publicly confirmed this week as the residential brokerage Compass submitted a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO). Founded in 2012 by CEO Robert Reffkin and Executive Chairman Ori Allon, the New York … The post No Surprise …

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Criminal charges filed against Texas Realtor Jenna Ryan

Nine days after participating in the riot at the U.S. Capitol, federal criminal charges were filed against Frisco, Texas-based Realtor and broker Jenna Ryan. Ryan is charged with “knowingly entering or remaining in any restricted building or grounds without lawful authority” and “disorderly conduct on Capitol grounds,” according to the federal criminal complaint made public on Friday. Federal prosecutors point …

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Paladino to Lead North America Structured Finance at Fitch

Prior to joining the Structured Finance leadership team, Paladino headed Fitch’s U.S. Leveraged Finance platform and oversaw coverage for Real Estate & Leisure teams within Fitch’s Corporate Finance group. The post Paladino to Lead North America Structured Finance at Fitch appeared first on DSNews.

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Predatory Lending and the Role of the Appraiser

Over a decade after the 2008 financial crisis, the prevalence of predatory lenders continues to plague the U.S. marketplace. Generally speaking, appraisers are not predatory. They do not create predatory lending and fraud schemes. And in the vast majority of cases, they do not share in the profits of those who do. However, appraisers do play a role in predatory …

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Understanding UAD Quality Ratings

Ever since Fannie Mae and Freddie Mac (the GSEs) created the Uniform Appraisal Dataset (UAD) several years ago, real estate appraisers must rate building quality on a standardized scale from Q1 (best) to Q6 (worst). If you are performing appraisals for the intended use of secondary market mortgage lending, it’s essential to have a clear understanding of the UAD quality …

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8 Quick Tips for Appraising Marijuana Properties

Do you ever face the task of appraising marijuana properties in your market? All of a sudden, land that is ripe for marijuana growing is looking pretty attractive, and buyers all over the U.S. are already scooping up big plots of land—some even making moves before the laws change in a specific area. We can expect to see: More owners …

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How to Write a Winning Real Estate Appraiser Resume

How can you make your real estate appraiser resume as impressive as it can be, if you’re an appraiser looking to be employed by a bank? How about if you’re an aspiring appraiser looking for a company that will hire you as a trainee? If you’re a seasoned appraiser looking for new hires, what are some “red flags” to look …

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