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  • Pressure on real estate appraisers

    A key problem in today's home mortgage industry is created by appraisers who bend their ethical commitments under pressure to "hit specified numbers" in their appraisal reports. This often results in inflated property values that are, in many cases, much higher than realistic market values. This can ultimately cause major problems ...
    Posted to Roger & Linda Jean Paschal (Weblog) by 212072 on March 17, 2007
  • Tough but potentially positive market for mortgage industry

    It's tough to survive in today's mortgage lending industry. Many originators, particularly those that have been specializing in the subprime niche of the market, are folding their tents and silently leaving the business. But there's a bright side of that development for the mortgage industry and consumers. "We're seeing 40 ...
    Posted to Roger & Linda Jean Paschal (Weblog) by 212072 on March 16, 2007
  • Existing-home sales rising

    The number of existing-home sales in January rose significantly, reaching the highest level in seven months, according to a report from the National Association of Realtors. The increasing sales include single-family homes, townhomes, condominiums and co-ops. The sales volume rose by 3.0 percent from the previous month, to a seasonally adjusted ...
    Posted to Roger & Linda Jean Paschal (Weblog) by 212072 on March 14, 2007
  • What is in the Future of Home Building

    THE FUTURE IS NOW ORLANDO, Fla. (NAHB) – What’s in store for home design in 2015? Thanks to a recent study conducted by the National Association of Home Builders' (NAHB) Economics Group, visitors at the International Homebuilders Show did not need a crystal ball to find out. Average home size is likely to stay in the range ...
    Posted to Roger & Linda Jean Paschal (Weblog) by 212072 on February 16, 2007