Does Appraised Value Equal Sales Price? This question came to mind this week when I was speaking with a homeowner at an appraisal appointment. He didn’t ask me this specific question but he did make the following statement: “Just because your home appraises for a certain amount doesn’t mean that you can sell it for […]
Desktop Appraisals: Pros and Cons
October 27, 2021 By 6 Comments
Are Desktop Appraisals the Answer? The big news in the real estate, mortgage lending, and appraisal industry is desktop appraisals. In a recent announcement, FHFA Acting Director Sandra Thompson revealed that both Fannie Mae and Freddie Mac will continue to allow appraisals to be conducted remotely. This was very happy news for all of the […]
Is the Housing Market Back to Normal?
October 19, 2021 By 6 Comments
Will We Ever Get Back to a Normal Housing Market? What is normal? It’s a great question that I get asked a lot. People want to know if the housing market is back to where it was before the pandemic. A normal market is a moving target. It changes with the seasons and with the […]
What Is Your Source for Square Footage When Listing a Home?
October 5, 2021 By 6 Comments
Square Footage is Key in Accurate Pricing I have written in the past about the source for square footage that real estate agents use but I thought it would be worth revisiting this topic again. If you are a new agent or didn’t read my past articles I hope you will take the time to […]
Shelby County Luxury Home Market Update – 2021
September 23, 2021 By 3 Comments
Shelby County Luxury Home Sales Trends The market is not the same in every location or for every price range. Recently someone posted that the market was up 18%, but what does that mean? For data to be meaningful, it has to have context. By this, I mean that instead of saying that the market […]
Let’s Connect