News & Updates
Registration now open for the 7 hour 2022-2023 AQB Approved USPAP course
Registration for our 7 hour 2022-2023 AQB Approved USPAP course is now live! The course will be held via Zoom on Saturday, November 12th from 8:00 am–4:30 pm with a 1 hour break. Register now to receive 7 hours CE credit and fulfill your USPAP update course...
DORA Appraiser Rule Review
DORA (the Colorado Department of Real Estate Appraisers) is soliciting feedback and suggestions from appraisers on current rules through 12/23/2022. The review will assess the continuing need for, the appropriateness, and the cost-effectiveness of the regulations....
FHA Appraisal Updates: HUD Region VIII Commonly Noted Appraisal Deficiencies
Join us on Monday, June 13th from 7:00-9:00 PM via zoom for our June class titled "FHA Appraisal Updates: HUD Region VIII Commonly Noted Appraisal Deficiencies." HUD staff appraisers review appraisals for FHA forward mortgages, HECMs and REO properties to determine...
Blanket ADU Rezoning Approved For 3 Denver Neighborhoods
The three westside neighborhoods of Villa Park, Barnum and Barnum West join Chaffee Park, Sloan’s Lake and East Colfax in full rezoning. On Monday, Denver City Council approved the zoning changes, allowing the construction of the small backyard homes without...
Fannie Mae Appraiser Quality Monitoring (AQM)
As part of Fannie Mae’s efforts to promote quality in the loan origination process, Appraiser Quality Monitoring (AQM) was developed to provide appraisers and industry partners with actionable feedback to improve consistency, manage risk, and increase confidence in...
Third Denver neighborhood rezoned to allow “granny flats”
East Colfax is the latest neighborhood where homeowners in Denver will not have to seek city permission if they want to convert their garages into apartments or otherwise build second residences on their properties after the City Council on Monday voted to rezone...
Experts Predict What The Housing Market Will Look Like In 2022
Home sales are expected to increase another 6.6% and home prices to rise another 2.9% on top of 2021 highs. A gradual uptick in mortgage rates will make affordability a top consideration for home buyers, especially the 45 million Millennials aged 26 to 35 who are at...
September 2021 Market Watch Report
The REcolorado September 2021 Market Watch report for the Greater Denver Metro area was published today. The number of Closed homes in the Denver Metro area totaled 5,517, a 15% decrease as compared to the record-high closings we saw last September. From a...
Spotlight on Appraiser Capacity During the Pandemic
The 14-month period from March 2020 through April 2021 comprised the 14 highest individual monthly volumes in the history of the Uniform Collateral Data Portal® (UCDP®) – the appraisal portal shared by Freddie Mac and Fannie Mae. The average appraiser in Colorado...
Fourth Exposure Draft of Proposed Changes and Executive Summary for 2020-21 USPAP – FINAL
The goal of the Uniform Standards of Professional Appraisal Practice (USPAP) is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers. With this goal in mind, the Appraisal Standards Board (ASB)...
Plan to Reduce Human Appraisals May Lead to ‘Wildly Inaccurate’ Estimates
Original Article published November 26, 2018 Federal agencies have proposed a plan to reduce the number of homes that require an in-person appraisal, hoping to speed up the closing process and save money for home buyers and borrowers looking to refinance. Under the...
Push to cut back on home appraisals sparks controversy
Original Article By Kenneth R. Harney The Nation’s Housing NOVEMBER 26, 2018, 11:10 AM Trump administration wants to eliminate professional appraisals on a large number of home-sale transactions — a move that critics say could push the country back toward the...
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