Why appraisers say, 'We have targets on our backs'

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Why appraisers say, 'We have targets on our backs' | Here's just how difficult it's getting for home buyers | Hurricanes destabilize Florida real estate market

Created for newsletter@newslettercollector.com | Web Version

October 14, 2022

Top News

Why appraisers say, 'We have targets on our backs' From allegations of appraiser bias in the home valuation process to new controversial methods of conducting an appraisal, the profession is under intensifying scrutiny—and a new NAR survey offers insights into these challenges. Full Story: REALTOR® Magazine (10/12)

	Listing Presentation Checklist \| Listing Presentation PDF These Listing Presentation templates make you stand out from the competition. Give your prospects and clients a reason to place a premium on your expertise. Includes real listing presentation templates, scripts, and strategies. Click here to get the templates today: Download Now!

Real Estate Trends

Here's just how difficult it's getting for home buyers Mortgage rates, now at a 20-year high, combined with inflation and stock market volatility are causing housing markets to soften quickly. The next several months will be a critical test for the economy, experts say. Full Story: REALTOR® Magazine (10/13)

Hurricanes destabilize Florida real estate market A record number of Florida residents are filing claims for damaged or destroyed homes in the aftermath of Hurricane Ian, overwhelming the fragile insurance and real estate markets and driving up the prices of ownership. Florida insurers heavily depend on reinsurers such as Lloyd's of London and Munich Re, but increasing risks from climate change are leading reinsurers to raise rates or consider pulling away. Full Story: The New York Times (10/13)

10 IKEA room ideas to create a simple, sleek space IKEA's affordable and functional furniture fits into any design style, and is particularly popular with homeowners and interior designers on a budget. These room ideas showcase using cabinets to create a home office, upgrading dining chairs with custom slipcovers and filling an open-plan living space with room dividers. Full Story: Homes & Gardens (10/13)

Technology & Innovations

Real estate technology trends that give agents a boost Real estate professionals are leveraging the newest technology developments to conduct business remotely and improve client experience. 3D virtual property tours and mobile apps such as iAuditor are increasingly popular for virtual services, while platforms such as Yieldstreet allow investors to build a real estate portfolio with minimal capital. Full Story: Realty Biz News (10/11)

Business Wellness

#FeelGoodFriday: REALTOR® gives wayward girls a fighting chance Kama Burton provides a safe space for troubled youth in California to express themselves, build camaraderie and chart a more positive path forward in life. Full Story: REALTOR® Magazine (7/28)

News from NAR

REALTOR® Magazine Online is now part of nar.realtor Find the business tips and advice you've come to rely on from REALTOR® Magazine at our new home nar.realtor/magazine. The website has a new look and feel—but the same actionable content to help you drive your business forward every day. Bookmark us and visit often!

Fair & Equitable Housing

Freddie Mac offers funding lift to multifamily housing Freddie Mac is looking to leverage new financing flexibility to ease inflation uncertainties and benefit newly built or extensively rehabbed multifamily housing. The company plans to implement more forward commitments locking in interest rates with agreements to acquire loans at a later date. Full Story: GlobeSt (free registration) (10/12)

Gap widens between white and Black homeownership Black homeownership dropped to 40.6% in 2019 from the 2004 peak of 49.7%, and the gap between white and Black homeownership rates is wider now than it was in the early 1960s. Cities such as Washington, D.C., are implementing policies to increase Black homeownership by creating a public-private fund to make homes more affordable, assist residents in transferring properties to their heirs and ramping up zoning for affordable units. Full Story: Portland Press Herald (Maine) (tiered subscription model) (10/13)

Legislation & Regulation

Massachusetts homeowners to address pyrrhotite problem Owners with pyrrhotite-contaminated concrete in their homes will gather this month in Worcester County, Mass., to discuss the problem of the mineral being discovered in more homes in Massachusetts and Connecticut. Massachusetts Gov. Charlie Baker vetoed legislation in the budget that would have required quarries in the state to test for the mineral, but lawmakers plan to reintroduce the bill in 2023. Full Story: MassLive (Springfield, Mass.) (10/14)

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About The National Association of REALTORS®

The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.

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Arbeid | Werk Recht Diensten | Vakmensen Zakelijke goederen Financieel Beurs I Beurzen Zzp | Zelfstandige zonder personeel Personeel Kantoor Marketing Retail Detailhandel Industrie