Appraising Appraisals

first_imgHome / Daily Dose / Appraising Appraisals The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.  Print This Post Previous: Court of Appeals Rules in Favor of Castle Law Next: Benjamin Carson on HUD: “A Force for Fairness” Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Appraisal Homeowners Prices Sales 2019-04-09 Seth Welborn Sign up for DS News Daily center_img April 9, 2019 820 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Appraisal Homeowners Prices Sales Subscribe Appraising Appraisals Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Homeowners may be overvaluing their homes compared to appraisals, according to the Quicken Loans’ National Home Price Perception Index (HPPI) for March 2019. THe HPPI stated that the average appraisal was 0.78 percent lower than homeowners expected, widening the gap between homeowners and appraisers more than 50 percent since February.“This month’s fluctuation in the HPPI was driven more by a dip in home values than a change in the owners’ viewpoint. Homeowners are often reluctant to believe their house has lowered in value, even at a slight monthly fluctuation,” said Bill Banfield, EVP of Capital Markets at Quicken Loans. “Depending on the area, appraised values are either growing at a much more measured pace, or have taken a step back from their meteoric rise. Homeowners are usually slower to realize change—in either direction—than the appraisers who study the market on a daily basis. This can lead to a slight widening of the perception gap when there is a turn in the market.”Overall, appraisal values dipped in March month over month. Quicken’s National Home Value Index (HVI) reported appraisal values dipped 0.20 percent from February to March. Regionally, the West saw the biggest increase in home values, up by 0.79 percent. The annual growth ranged from a 2.19 percent year-over-year increase in appraisal values in the West, to a 4.11 percent annual rise the Midwest. According to Quicken, these increases are more modest than we have seen over the last few years, but more in line with inflation and wage growth.“Some of the rampant buyer demand that we’ve seen over the last few years has subsided because of the affordability issues many areas are having, driven by a lack of availability,” said Banfield. “Would-be buyers have decided to sit on the sidelines to see if more home inventory becomes available at the price-points where they’re shopping. The entire housing industry is watching to see what will happen in the coming months—whether owners and builders will provide the home inventory the buyers have been waiting for, amid the recent drop in interest rates.” Share Savelast_img read more

Jim Mc Guinness looking forward to the journey home

first_img Google+ Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest 365 additional cases of Covid-19 in Republic Twitter WhatsApp Facebook By News Highland – September 24, 2012 Facebook RELATED ARTICLESMORE FROM AUTHOR WhatsAppcenter_img Pinterest Google+ Gardai continue to investigate Kilmacrennan fire 75 positive cases of Covid confirmed in North Jim Mc Guinness has arguably become the most talked about football manager of recent times. His two year tenure has seen a phenomenal transformation in the Donegal team, culminating in yesterday’s victory.Speaking to Charlie in the Burlington Hotel last night, he said he’s really looking forward to the journey home this evening……[podcast][/podcast] Man arrested on suspicion of drugs and criminal property offences in Derry Jim Mc Guinness looking forward to the journey home News Previous articleCollins and Bonner celebrate victory in Croke Park commentaryNext articleCanada seeking to recruit 1,000 Irish workers News Highland Further drop in people receiving PUP in Donegal last_img read more

Farmington man injured in motorcycle crash on Wilton Road

first_imgFARMINGTON – A local man is in critical condition this morning after his motorcycle left the roadway and struck a fire hydrant on the Wilton Road Monday afternoon.According to information released by the Farmington Police Department, a 2014 Harley Davidson operated by Brandon Bard, 21 of Farmington, was westbound on the Wilton Road Monday afternoon. Police say that Bard’s motorcycle had made a lane change after crossing Center Bridge when it lost control as it rounded the corner. The vehicle skidded on the ground toward the sidewalk, striking a fire hydrant and coming to rest on the sidewalk in front of Tire Warehouse.Bard became separated from his motorcycle and received facial injuries during the crash. Police reported that he was not wearing a helmet.Farmington police responded to the crash at approximately 4:26 p.m., with Officer Ryan Rosie acting as the lead officer. In addition to Farmington Fire Rescue, a number of bystanders assisted at the scene. Bard was transported to Franklin Memorial Hospital, prior to his transfer via LifeFlight to Central Maine Medical Center. A spokesperson for CMMC said Tuesday morning that Bard was in critical condition.According to police, the cause of the crash was Bard’s motorcycle traveling too fast for the conditions.The motorcycle was removed from the scene by a family friend, utilizing a trailer.last_img read more

Jamaica to repeal outdated laws

first_imgThe Jamaican government is moving to repeal outdated laws in a major push to impose tougher fines and penalties for breaches.Justice Minister Delroy Chuck disclosed that the Legal Reform Department of the Justice Ministry is reviewing more than 800 laws as part of the overhaul.  “Members will recall that there was a certain person from St. Catherine, who when he had (an) immigration charge and was convicted for an immigration offence, he was only charged J$100 because that was the maximum penalty,” Chuck recalled.  “What the legal reform of the Parliament has done, members, is to take these, all the laws of Jamaica, 850 that had penalties in them, we’re putting 14 matrices for the ministries. So every ministry have will now have to look at the penalties that now exist…and to make recommendations as to what the penalty should be,” he revealed. Chuck, who made the announcement in Parliament on Tuesday, said the move will begin in his ministry with the hope that “other ministries will follow suit.” He added that the new legislation will be tabled in Parliament this fiscal year.last_img read more

“GFA officials influence Black Stars player selections”- Osei Palmer

first_imgA former Black Stars Management Committee chairman, Wilfred Kwaku Osei (Palmer), has stated categorically that some Ghana Football Association (GFA) officials have been influencing the selection of players to the detriment of the senior national team.He, therefore, singled out self interest on the part of some GFA officials and certain personalities in the team as the main issue that had hampered the progress of the team in recent times.“This is an open secret that GFA officials influence the selection of players into the national team. There are some players who come to the national team but are not fit to be in the team,” Palmer revealed in an exclusive interview with the Graphic Sports .He noted that selfish interest on the part of officialdom stood out, among other missing pieces, which had denied the nation her fifth Africa Nations Cup (AFCON) title.“We have so many missing pieces and selfish interest which are the drivers as far as most personalities in the Black Stars and the GFA are concerned,” he stressed.According to him, some top officials close to the team tend to consider players who are close to them for selection into the Black Stars instead of diagnosing the problems of the team from a technical perspective.“Instead of we looking at things from a technical perspective, we tend to look for players very close to us to be part of the team, irrespective of their level or quality of skills they have.“If you have your doubts, you can talk to the ex-coaches and they will tell you a lot. Even the supporters can say we want this player to come into the team because we want ABC to be done. But is that the way forward?” A worried Palmer questioned.Similarly, he said progression of players into the Black Stars had also not been the best, citing the promotion of some key players of Ghana’s 2009 FIFA U-20 World Cup winning team to the Angola 2010 AFCON squad as a typical example.“We were able to go as far as the final of the finals in Angola after 2009, which should inform us in our policy direction that when we allow these boys to migrate in a natural progression up to the Black Stars, this is what is there for us to achieve.“If they were able to make that monumental impact on the African soil just a year after winning the FIFA U-20 World Cup, then a different story would have been told if we had gone with the full complement of the team, including some of the senior players such as Essien and Co. who were ruled out by injury.”Palmer, who is currently contesting his disqualification from the GFA elections on October 25 last year at the Court of Arbitration for Sport (CAS), also had a problem with the mode of appointment of coaches for the Black Stars.“Even when it comes to the appointment of the technical team for the Black Stars, do we do the right thing?“There were people within the technical team who bottled up some negative feelings because of the way things were done,” he disclosed further.In his frustration, he questioned whether coaches were subjected through a thorough scrutiny before they were appointed to serve in the senior national team.“Are people being properly scrutinised for us to know if they are the right people to do the job? he lamented, with particular reference to the recent appointment of coaches to the various national teams.” Source: Graphic Sportslast_img read more