How To: Tax Measurements.
Recently I appraised a home that was reported in the MLS to be 2200sf in living area. Upon measurement, I found that the home was over...
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To Paint or Not to Paint: The Dilemma of Brick Surfaces
Brick surfaces have a timeless appeal, evoking a sense of history and durability. However, when it comes to painting brick, opinions are...
The latest real estate scam: Appraisal Gap Insurance
For the low price of a few thousand dollars, you can have the privilege of owning a home that isn't worth what you borrowed and may take...
CubiCasa: Consistent...ly wrong.
In searching through comparables recently, I ran across a single-level home: 1002 Elm St, Hopewell. This home is a measurement dream -...
Unveiling the Lost Cause Myth: The Legacy of Confederate Statues and the Influence of Organizations
In the wake of the Civil War, a deeply divisive period in American history, the seeds of a narrative known as the "Lost Cause" were sown....
Should I sell my home to Opendoor?
Like other I(stant)Buyers in 2020-2023, Opendoor struggled to turn a profit despite soaring home values. Their models consistently failed...
How not to price a property
"Zillow says my house is worth..." This phrase causes laughter to any qualified real estate professional, but why? Here Jesse debunks bad...
Fannie Mae: Crooks or Incompetent?
In 2018 Fannie Mae reported that 5% of financing would use an appraisal waiver. In 2021 this reached 50%. So, is Fannie Mae run by people...
Who stands to gain/lose from falling appraisal standards?
Less stringent standards for real estate appraisers could potentially benefit certain parties while harming others. Let's explore who...
The Perils of Classifying Appraisers as a Trade, Not a Profession
The ongoing debate about whether real estate appraisers should be classified as a trade rather than a profession carries significant...
Greater Richmond Market Update: December 2023
During a recent training session, we discussed the current state of the market in Richmond, Henrico, Hanover and Chesterfield. Is the sky...
The Fan: Diversity of designs in graphs
The fan features 900sf ranch homes (certainly rare) to 6,000sf Victorian homes. Here we've run data from 2023 to see what trends emerge....
Appraisers: A Profession, Not Just a Trade
In today's dynamic real estate market, it's imperative to recognize that appraisers indeed constitute a profession, and not merely a...
Richmond... we don't have an inventory problem.
Ask anyone who has been in real estate for more than a year, and they will tell you that the current market is "different." Many will...
The Impact of AMCs: Increased Fraud, Costs, and Time in Appraisals
Appraisal Management Companies (AMCs) play a significant role in the real estate appraisal process, aiming to enhance transparency and...
Washington Post bias, and the "return to office" narrative.
I asked ChatGPT to review a recent article for potential bias. Jeff Bezos, Amazon owner, Washington Post owner, and future dystopian...
The Impact of Casinos on Local Communities: A Critical Perspective
Introduction The debate surrounding the effects of casinos on local communities has been ongoing for years, with proponents highlighting...
Why generators rarely add value.
How much does my generator add to the value of my home? Little, if any. Lets look at the math. A generator will cost between $7,500 and...
Are homeowner's gambling on Richmond Grand Resort and Casino?
In a stunning contradiction to the rest of the region, areas near the proposed casino are seeing higher inventory of homes and marketing...
Can an algorithm smell your house?
Fannie Mae's continued attack on homeowners has accelerated. It wasn't enough to have 50% of mortgage transactions have no inspection,...
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