Will Appraisal Integrity Be Negatively Affected by Data Collectors In the world of real estate, appraisals play a vital role in determining the value of a property. However, in recent years, the rise of data collectors has brought into question the integrity of modern appraisals. Today I’m gong to discuss the concerns surrounding data collectors […]
How High Will The Birmingham Real Estate Market Get?
Where Is The Birmingham Real Estate Market Headed? Just when you think the Birmingham real estate market can’t get any higher, it does. When I say high, I’m not only talking about sale prices but the number of offers as well. Even though it’s not the highest price ever paid in this area, there was […]
What The New ANSI Standard Requirement Means For Appraisers and Agents
ANSI Standard Now A Requirement In case you haven’t heard, Fannie Mae announced in December that starting on April 1, 2022, they will require the ANSI measurement standard to be used on all properties they purchase. This requirement is for homes that require an interior and exterior inspection. The floorplan sketch must be computer generated […]
Should You Trust An Algorithm For Your Home’s Value?
Zillow Takes One On The Chin In case you’ve been living under a rock lately and haven’t heard, Zillow is getting out of the home-flipping business. They recently announced they would no longer be involved in purchasing and reselling homes and they would shut down the Zillow Offers service. Their announcement was a shock to […]
A Case of COVID, 2020, and Birmingham Real Estate
Happy New Year! It’s been a while since I posted, however, it was not by choice. At the beginning of December, I joined many others by getting COVID. My case was moderate, which I am thankful for. Even a moderate case can leave you fatigued and unable to do normal everyday activities. I am happy […]
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