2013 housing market

Appraisal Multiple Choice — Spring 2013 Edition

Why Didn’t That Home Appraise? Test your knowledge of today’s housing market, and answer the following question: What is the most common reason homes fail to appraise today? A. Buyers who pay an above-market price, perhaps in multiple offers. B. Appraiser inexperience (they use the wrong Comp’s, or get the adjustments wrong). C. Appraiser error...
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2013: Year of ‘the FOMO Market?’

An App Acronym That Captures the Zeitgeist OK, so the term is easily confused — at least by someone with dyslexia — for another, not-so-nice acronym (“MOFO” — look it up). And the new app designed to exploit “FOMO” (Fear of Missing Out) targets insecure, 20-something social climbers (called “CouchCache,” it lets users give others...
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