Month: January 2016
Raising Appraisal Limits Could Hurt Consumers
More than 80 percent of bank appraisers think reducing the number of loans requiring an appraisal could increase risk to borrowers, according to a survey of its professionals released this week by the nation’s largest professional association of real estate appraisers. The Appraisal Institute’s research also showed that nearly 90 percent of chief appraisers and appraisal managers surveyed think raising the threshold level of loans …
Adapting To The Millennial Mindset
We’re seeing it everywhere: the American workforce is in the midst of an “aging out” epidemic. According to the Department of Labor, last year more than 40 percent of workers aged 55 and above were still in the labor force—the highest since the early 1960s. I can say from experience that the residential real estate industry in particular is feeling this age crunch. To paint …