Death of the home appraisal?

Proposed government regulations announced by Office of the Comptroller of Currency would raise the threshold for transactions requiring an appraisal. Continue reading

Rising interest rates cost homeowners an extra $1,416 per year

According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year. Continue reading

Sellers still rule — for 2 years — says Zillow

The industry may not see a buyer’s market until at least 2020, according to the majority real estate economists surveyed by Zillow and Pulsenomics LLC. Continue reading