Entries by Lindsay

Home repair subscription service Super raises $20 million

Super, a home repair subscription service, announced recently that it raised $20 million to expand its service into new markets. Homeowners subscribe to the service, which both covers the cost of repairs on several common household appliances and manages the repair process on other items. Source: HousingWire Magazine

Comment on Persistent Appraisal Failures: Part 1 by William Bert Craytor

The GSEs have never gotten any of this right. Neither their previous relative nor the current fixed Q1-Q6 quality or C1-C6 condition standards work. You need RELATIVE percentage 00%-99% property ratings for the subject and all market area sales transactions. You can develop these ratings quite objectively for all past sales transaction in a market […]

Why aren't more people tapping into their home equity?

Homeowners have a nice stockpile of pent-up wealth in their homes and home prices continue to appreciate. And, it seems that every quarter a new startup emerges promising to disrupt the home equity space by giving homeowners a better, faster, cheaper or even debt-free way to tap into the wealth in their homes. And yet, […]

Home sales will be stymied in 2019 by high prices and "underbuilding"

A shortage of entry-level homes will stymie the housing market this year, nullifying much of the impact of lower mortgage rates, according to a forecast by Diane Swonk, Grant Thornton chief economist. “The housing market will tread water in 2019 as supply constraints and affordability problems offset any gains from slightly lower mortgage rates,” Swonk […]