NAR and the Appraiser Qualification Board have reported a “fix” for the appraiser shortage. But veteran appraisers are indicating that it ignores issues with Appraisal Management Companies, that appraisers say are partly to blame for the dwindling supply. “At a time when the average age of today’s residential appraiser is in the late 50s and […]
California Owners Get Real About Home Values
The gap between homeowners’ and appraisers’ perceptions on the value of properties is continuing to close. While Southern California homeowners are slightly underestimating their home’s value, homeowners, in general, still tend to slightly overestimate the price of their home–but not by nearly as much as they did a year ago. Home appraisals were, on average, […]