Wednesday, November 29, 2023 | The Latest Buzz for the Appraisal Industry

High Home Value Trend Slows Down, One-Fifth of Sellers Cut Prices

Weary homebuyers panicked by rising mortgage interest rates might be relieved to hear that this cruel twist comes with one big upside: lower home prices. In October, median home list prices continued to drop from June’s record high of $449,000 to $425,000, according to a recent report from

While list prices are still up by 13.3% compared with a year ago, nearly one-fifth of those sellers slashed their prices in October, more than

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Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

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Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

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