Aftermath of the Santa Rosa Fire. Where is the market now?
In the aftermath of the North Bay fires in October/2017, what has happened to the market? I put Santa Rosa under a microscope and here is what I found. Median Prices have increased about 10% since pre-fire. The number of Sales is declining, after a bump shortly after the fire. Demand for housing increased dramatically after…
Details2015 Market Wrap Up
2015 was a year of change, like many years. There were changes in FHA requirements for Appraisers, changes in compliance for AMCs and yes, the constant, change in the market. Many counties…
DetailsFHA Appraisal Inspections – What the Appraiser Looks for
When an FHA or USDA loan is being used, the appraiser has two objectives. The Department of Housing and Urban Development (HUD) requires them to determine the current market value, as with any appraisal…
DetailsWhat Does an Appraiser do When Marijuana is Being Grown on a Property?
The Appraiser is walking around a 10 acre property, doing their normal inspection routine and follows a small road on the property, through a grove of trees and comes to a small…
DetailsSolar Power: How Much Does it Increase the Value of a Home?
This article is by Brena Swanson of Housingwire, published January 14, 2015. My thoughts are that solar panel adjustments will vary by appraiser and property. The important thing…
DetailsCU Tip for Appraisers and Users of Appraisals – Census Block Groups and their Use
This is a first in a series of tips and ideas to help Appraisers and Users of Appraisals understand CU better, and how it is used. Note that I have not used CU, nor do I have access to its inner…
DetailsAnthony Blackburn and Dennis Kerns Take Committee Positions with CRN
Apple Appraisal has been a member of the Collateral Risk Network since 2013. CRN is a group of dedicated chief appraisers, collateral risk managers, regulators, and valuation experts who are focused…
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