Archive for December, 2012

Real Estate Appraisal issues caused by AMCs, lenders

Friday, December 14th, 2012

The following article from MSN discusses current issues caused by lenders “AMC’s” aka, Appraisal Management Companies hired by banks and mortgage lenders. The new “code of conduct” that was supposed to protect lenders and borrowers from faulty appraisals has caused higher costs, delays and considerable chaos in home sales and loan … Read More »

Housing Market Uptrend Expected Through 2014

Thursday, December 13th, 2012

Media Contact: Walter Molony / 202-383-1177 /  Email ORLANDO (November 9, 2012) – The housing market recovery should continue through the coming years, assuming there are no further limitations on the availability of mortgage credit or a “fiscal cliff,” according to forecast presentations at a residential forum here at the … Read More »

2013 Housing Predictions from Freddie Mac

Wednesday, December 12th, 2012

Freddie Mac made suggestions on what housing might look like in 2013 in its December outlook report. Overall, the GSE expects to see a continuation of positive trends. Freddie Mac reported that property values should still rise into the next year and are likely to increase by 2 to 3 … Read More »

Florida’s housing market growing stronger, U.S. on same trend.

Wednesday, December 12th, 2012

“Florida’s housing market is back, with great possibilities for the future – but those possibilities are only beginning to be realized,” said Dr. John Tuccillo, chief economist for Florida Realtors. Florida’s residential real estate market will continue its upward trend into 2013, though the recovery may be at a slower … Read More »