One appraisal two appraisals three appraisals...where's the floor???? This statement sums up the home valuation experience for many borrowers in the current lending environment.... "They switched lenders and got another appraisal that, at $290,000, would have allowed the deal to go through. Their new...
Both the National Association of Realtors (NAR) and the Department of Commerce (Census Bureau) /U.S. Department of Housing and Urban Development released figures on Tuesday confirming that U.S. housing sales are continuing on a record trajectory. NAR announced that existing-home sales hit an all time...
A survey of 129 metropolitan areas released Tuesday by the National Association of Realtors (NAR) showed a record number scoring double digit growth in housing prices during the 4th Quarter of 2004. 62 of the areas sampled had housing appreciation (adjusted annually) of 10 percent or more. The previous...