by Appraisals Unlimited | Mar 11, 2022 | Real Estate Appraisals
2021 took us all on a wild ride in the real estate market, as home sales increased at a rate not seen in over a decade, and home values skyrocketing nearly 20% up from the previous year. The reason for these inflated values was most certainly due to the pandemic...
by Appraisals Unlimited | Feb 25, 2022 | Real Estate Appraisals
2021 saw unprecedented growth in the housing market as it skyrocketed alongside relentless buyer demand. This, however, led many to believe we were creating a housing bubble that would inevitably burst. Mortgage rates hit record lows—as did the inventory of homes for...
by Appraisals Unlimited | Feb 11, 2022 | Real Estate Appraisals
When the alphabet soup of real estate valuation methods start heading your way, things might get a little confusing. AVM, CMA, BPO…oh my! While there are several processes to measure your home’s value, the two most common are a BPO (broker price opinion) and an...
by Appraisals Unlimited | Jan 21, 2022 | Real Estate Appraisals, Residential Appraisals
Readers will recall that the so-called “great recession” of 2008 occurred when the United States housing bubble burst. Home prices imploded, homeowners began to abandon their mortgages, and the value of mortgage-backed securities held by investment banks plummeted....
by Appraisals Unlimited | Jan 13, 2022 | Real Estate Appraisals, Residential Appraisals
Nobody likes red tape, so it is understandable that home buyers find an appraisal waiver enticing. After all, skipping the appraisal accelerates the buying process and allows you to start your new life in your new home sooner. Doing so does not come without risks,...
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