Real Estate RSS feeds from Piekos Appraisals in Naperville IL

Real Estate RSS News Feeds

Here are some current topics relevant in the Chicagoland real estate market. Contributors include the Appraisal Podcasts, Chicago Business - Appraisal Research Counselors and the Appraisal Scoop. To keep up to date, please check back here often.

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Current Chicago Real Estate RSS News Feeds:

The Case for Centralized Appraisal Ordering - Part 2 - Benefits

9/1/2010 10:42 AM

Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the second of a two-part series presenting a case for, and benefits of, centralized appraisal ordering Benefits of Centralized Ordering: Because the lender is...

The Case for Centralized Appraisal Ordering - Part 1

9/1/2010 10:42 AM

Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the first of a two-part series presenting a case for, and benefits of, centralized appraisal ordering. For there ever to be true appraiser independence,...

FREE Valuation Tools and Webinar - Upcoming Hands-On Regression Seminars

9/1/2010 10:42 AM

You are invited to the second of two FREE regression webinars hosted by David Braun, MAI of AVT. It will be August 25th at 2:00 EST. Click here to register. To watch the video of Webinar 1: “Introduction to Regression...

Fannie Mae Photo Requirements - Effective Sept. 1

9/1/2010 10:42 AM

Fannie Mae’s post-purchase reviews of mortgage loan files have identified issues with appraisals. As a result of those reviews, new policy requirements and clarifications concerning existing lender requirements are being added to a number of appraisal sections of the Selling...

Geographic Competence Not Clearly Understood

9/1/2010 10:42 AM

GUEST AUTHOR: Micheal W. Armentrout, VP AM Appraisals, Inc. Mike has been involved in full time real estate valuation since early 1992 and has experience in numerous Central Ohio markets. It seems as though a recent trend with some clients...

FDIC Announces Open Door Policy for Regulatory Reform Rulemaking

9/1/2010 10:42 AM

Appraisers…… You can participate with the new appraiser independence regulations that are being crafted as a result of the Dodd-Frank financial reform bill. http://www.fdic.gov/news/news/press/2010/pr10187.html "To seek input from the widest audience possible, the public can submit views via email on...

When are Usual and Customary Fees’ applicable to appraisal assignments?

9/1/2010 10:42 AM

Appraisers……. I spent time Wednesday 8/04/10 discussing the Dodd-Frank law, and the “Usual and Customary Fee” mandate within it, with an experienced appraiser on the east coast. Also Wednesday, two e-mails arrived which ask appraisers to fill out a ‘fee...

An optimistic pessimist, or a pessimistic optimist? - Dodd-Frank Financial Recovery Bill

9/1/2010 10:42 AM

An optimistic pessimist, or a pessimistic optimist? I’m not sure which I really am, although I tend to lean in the optimistic direction whenever possible. This relates to the brand new, hot off the presses after a year+ of vigorous...

Draw Plats from Legal Descriptions on Your iPad

9/1/2010 10:42 AM

From James' Real Estate Business Blog: "A new app I just downloaded for my iPad is called Metes and Bounds. I decided to test it the minute it opened with a current deal and entered 25 calls from the legal...

Appraisers lose out in Wells Fargo lawsuit - Valuation Review

9/1/2010 10:42 AM

The following was re-blogged with the permission of Valuation Review Editor, David Napuk. Thanks Dave! Since there has been a great deal of buzz in the industry surrounding the decision in the Wells Fargo/Rels Valuation v. appraisers lawsuit, Valuation Review...

Current Chicago Real Estate RSS News Feeds:

Refinance Demand Up as Mortgage Interest Rates Maintain Low Levels

9/1/2010 7:00 PM

"As mortgage interest rates continue to maintain low levels, refinance demand continues to increase across the nation. According to the Mortgage Banker’s Association, refinances have reached a 15 month high, the highest point since May of 2009. Rates are at the lowest point than any other time since Freddie Mac began keeping track in 1971....Read More

Excessively delaying Fannie Mae foreclosures will now cost servicers

9/1/2010 7:00 PM

"Fannie Mae will now review the compensatory fees due to servicers in cases where the government sponsored entity feel servicers are unnecessarily delaying foreclosure....Read More

Serious HFA delinquencies decline in Q110: S&P

9/1/2010 7:00 PM

"Housing finance agency (HFA) loan delinquencies for loans between 60 days delinquent and foreclosure declined in Q110 for the first time since the housing market began to crash in the second quarter of 2008, according to a Standard & Poor's report....Read More

Fed, FDIC Team Up to Examine Future of Housing Finance

9/1/2010 7:00 PM

"The U.S. Federal Reserve will co-host a conference on the future of housing finance later in the fall amid intensifying efforts by policy makers and bankers to address a root cause of the financial crisis....Read More

Gold & Investment in Failure

9/1/2010 7:00 PM

``Gold does react to the waste of money, the debasement of money, and not so much from inflation entering the system. That comes later... The USFed cannot treat insolvency. Only liquidation can.'...Read More

Phoenix-area homebuilders surviving slump

9/1/2010 7:00 PM

One thing can be said with certainty about the Phoenix-area homebuilders still operating in 2010: They aren't building and selling houses because it's easy. With an estimated one in 10 homes vacant, foreclosure rampant, local unemployment nearing double digits and area banks reluctant to lend, the Valley has never been more inhospitable to members ...Read More

Romer Calls for More Stimulus

9/1/2010 7:00 PM

"U.S. Council of Economic Advisers Chairman Christina Romer, in her final speech before stepping down, called on the country to stomach new stimulus measures to lift the lackluster economy, even in the face of growing fears about the nation’s deficit....Read More

London Luxury-Home Prices Rise by the Least Since January

9/1/2010 7:00 PM

"Prices of houses and apartments costing more than 1 million pounds ($1.55 million) rose 16 percent in August from a year earlier, the London-based real estate adviser said in an e- mailed report today. They fell 0.1 percent from July, the second straight decline after 15 months of gains....Read More

Housing market still hairy

9/1/2010 7:00 PM

"Included among the photographs for a listing of a four-bedroom, four-bath house in a relatively desirable area was a close-up of an open toilet choked with what appeared to be a tangle of dark hair. A large tangle. Imagine a trichotillomaniac Morticia Addams who won't flush....Read More

Warning of Housing Bubble Overblown, Say Economists

9/1/2010 7:00 PM

Canada could be heading into a rapid drop in housing prices according to a report issued by the Canadian Centre for Policy Alternatives on Tuesday. : But while the CCPA is raising an alarm, others are not so concerned. Ted Tsiakopoulos, a regional economist with the Canadian Housing and Mortgage Corporation, says that with Canada’s steady labour ma...Read More