The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2022 shows mortgage applications for new home purchases decreased 12% compared from a year ago. Compared to May 2022, applications decreased by 10%. This change does not include any adjustment for typical seasonal patterns.
MBA’s monthly estimate of new single-family home sales, which has consistently been a leading indicator of the U.S. Census Bureau’s New Residential Sales report, is that new single-family
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
