June 2017 Existing-Home Sales

June 2017 Existing-Home Sales

• NAR released a summary of existing-home sales data showing that housing market activity this June fell 1.8 percent from last month but improved 0.7 percent from last year. June’s existing home sales reached the 5.52 million seasonally adjusted annual rate. • The...
The Future of Appraisal: It’s Not Simple

The Future of Appraisal: It’s Not Simple

Reports of delayed appraisals and rising appraisal costs flourished in 2016. In this article, we try to shed light on potential paths the industry might take moving forward given trends in demographics, training, and automation. This analysis suggests that while...
May 2017 Housing Affordability Index

May 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.01 percent this May, up compared to 3.83 percent a year ago. Housing affordability declined from a year ago in May moving the index down 5.4...