Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Homeownership Rate Rebounds, Fannie Reports on U.S. Housing Shortage, and More Appraisal News

The national homeownership rate increased to 66% in the third quarter of 2022. A new report by Fannie Mae looks at the U.S. housing shortage from a local perspective. Mortgage rates dip slightly, but continue to hover around 7%. Federal agencies announce plans to raise the threshold for smaller loan exemption from appraisal requirements. A new episode of Beyond the Numbers with McKissock Appraisal breaks down appraisal value and real estate appraisal bias. Read