Existing-home sales dipped 0.9% in May compared with April, mainly due to limited supply and rising home prices, according to the National Association of Realtors (NAR).
It was the fourth consecutive month that existing-home sales declined.
Year-over-year, sales were up 44.6%, however, home sales in May 2020 were severely impacted by the pandemic.
Regionally, and month over month, existing-home sales fell 0.4% in the South, 1.4% in the Northeast, and 4.1% in the West.
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
