New home sales in November were at a seasonally adjusted annual rate of 744,000, an increase of 12.4% compared with October but down 14.0% compared with November 2020, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The median sales price of a new home sold in November was $416,900 – 18.8% higher compared with November 2020. The average sales price was $481,700.
As of the
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. Originally
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include funny Buzztoon comics,
Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can
