The Fed’s shift in policy is “the most notable green shoot” for the CRE market, according to Wells Fargo analysts.
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As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker down with their lower rates. Homes…
A couple renovated a house in Darien, Conn., and retained much of what the previous owners had left behind.
A country house with a pool southwest of the city, a two-bedroom condo with a balcony, and a modern two-bedroom duplex not yet completed.