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Appraisal Institute

Economic Uncertainty Remains High for Commercial Real Estate: JPMorgan Chase   May 31, 2023
Commercial real estate will face increased uncertainty for the rest of the year, according to JPMorgan Chase’s Midyear Commercial Real Estate Outlook, MBA NewsLink reported May 24. While most sectors have been resilient the first half of the year, questions loom about the office sector and rising in […]
Cady,Stokes
All Major Property Types Post Annual Declines: RCA Index May 31, 2023
In April, all major property types posted annual declines — the first time that’s happened in a single month since September 2010, according to the RCA CPPI National All-Property Index, GlobeSt.com reported May 30. The apartment sector saw the largest monthly and annual declines among major property […]
Cady,Stokes
Home Values Decline in April, Redfin Reports May 31, 2023
The median home price fell 4.1% year-over-year in April to $408,031, reflecting a loss of $17,603, the largest drop in dollar value on record, Redfin reported May 22. Pandemic boomtowns experienced the steepest declines, especially Oakland, California, where home values dropped 16.1% from the same p […]
Cady,Stokes

What Debt Ceiling? Yields Follow NFP Higher June 2, 2023
What Debt Ceiling? Yields Follow NFP Higher After being utterly bombarded for weeks, newswire feeds at trading terminals are suddenly devoid of debt ceiling headlines. To be fair, there have been a few mentions of final approval set for this weekend, but markets moved on long ago. If there was any reaction in longer term rates, […]
Making Sense of Friday's Jobs Numbers June 2, 2023
Nonfarm payrolls were up 339k, well above the 190k forecast. At the same time, unemployment rose from 3.4% to 3.7%, well above the 3.5% forecast. How can these two numbers coexist and how does the market decide which one to believe? The first thing to understand about "the jobs report" is that it is comprised […]
Reverse Point-of-Sale, Marketing and PR, TPO Products; Random TPO News; Ugly Insurance and Water News June 2, 2023
While lenders are grappling with steadily increasing Agency repurchase requests, it’s National Donut Day! Someone had better offer those folks at State Farm Insurance a donut… maybe they’ll change their mind about cutting off insuring properties in California. Three thousand miles away, I wonder if Florida home owners should be happy of even having insurance […]