Appraisal Industry News & Updates
Appraisal Assignment Volume Trending 2021-2023
Business is slow for appraisers, but just how slow? There is an interesting article in the new edition of WorkingRE magazine that discusses appraisal volume and trends. "The American Enterprise Institute (AEI) publishes data tracking the mortgage and appraisal...
BOREA Update w/Director Waters & Advocacy in Colorado: Why is it essential for Appraisers to be involved
Please join us on Monday, December 11th at 6:30 PM via Zoom for our 2023 Annual NCAREA/RMAA Update where we will discuss plans for 2024 including the 2024 budget, board member nominations and plans for moving NCAREA/RMAA forward. This will also be your last chance to...
2024-2025 USPAP Update Course
The new 2024-2025 AQB Approved USPAP course will be held via Zoom on November 18th. Register now to receive 7 hours CE credit and fulfill the USPAP update course requirement for real estate appraisers in Colorado. The class will run from 8:00 am – 4:30 pm with a 1...
Appraiser Liability For Carbon Monoxide Detectors
An article was featured in the current issue of Working RE magazine that highlighted a current case where an appraiser is being sued after mistakenly identifying a carbon monoxide detector (it was actually a smoke detector) during an appraisal inspection. The home...
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....
2022-2023 AQB Approved USPAP Class
The NCAREA will host its annual 7 hour AQB Approved USPAP class in November. Stay tuned for details regarding the date, presenter and cost.
Do Appraiser Floor Plans Violate Copyright Law?
"Residential and commercial appraisers often create floor plans of the structures they appraise and include those plans in their reports. For some assignments, such as certain appraisals for loans sold to Fannie Mae and Freddie Mac, floor plans are an assignment...
The Odds of Regional Home Prices Dropping Over the Coming Year
We're already seeing the U.S. housing market slow down in the face of spiking mortgage rates. Mortgage applications are declining, fewer listings are getting multiple offers, and inventory levels are rising again. However, that's a deceleration—meaning prices are...
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...
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