In this issue: December Commercial Market Insights Report, Creating Valuations Amid Uncertainty, How Commercial Markets Faired in 2020, & more.
Residential Appraisal Process for Home Buyers
Understand home value, learn details about the appraisal process, borrowers rights, and more. Use this resource to become an informed home buyer.
Next Up: Eviction Moratorium and Need for Rental Assistance
Listen as NAR’s VP of Engagement Charlie Dawson and Megan Booth, NAR’s Director of Federal Housing, Valuation, Commercial Real Estate Policies & Programs, discuss the work being done to navigate orders from the CDC and Washington, D.C., and what that work means for housing providers and commercial practitioners around the country.
North Dakota Appraisal Waiver Extended
The waiver of appraisal requirements for Federal Related Transactions under $1M for commercial real estate transactions was extended for one year throughout the state of North Dakota.
NAR’s Virtual Appraisal Summit Examines Intersection of Fair Housing, Appraisal Industry
This year’s summit was precipitated by recent research suggesting home valuation processes could be influencing the wealth gap between White and Black households in America.
NAR Appraisal Summit: Fair Housing Issues in Real Estate Appraisal
Join NAR’s panelists who will delve deeply into the subject of wealth gap between white households and black households and present solutions that maintain a fair and equitable system for valuing real estate.
Foster Stronger Appraiser Membership
How to grow and benefit from this vibrant segment of your association.
FHFA Directs Fannie and Freddie to Allow Appraisal Alternatives
FHFA directed Fannie Mae and Freddie Mac to allow the use of appraisal alternatives to reduce the need for appraisers to conduct interior property inspections for eligible mortgages through May 17, 2020.
NAR’s Advocacy Work Towards COVID-19 Relief
The National Association of REALTORS® has been responding to a flurry of legislative activity aimed at providing economic relief from COVID-19. NAR is committed to ensuring that lawmakers continue to take into consideration the real estate industry, including independent contractors and small business owners.
AQB Proposes Update to Appraiser Criteria
The Appraiser Qualifications Board (AQB) released proposed changes to the Appraiser Qualification Criteria.