Why Appraisals Become More Challenging in a Slowing Market
Posted by Hank Miller on
Appraisals become more challenging in slowing markets, and that was clear across the Greater Atlanta region over the last two years. As '26 opens, the market is likely to remain stable as the balanced market continues. Given that, it's prudent for buyers, sellers, and agents to understand the challenges inherent in appraising homes in slowing markets. The most obvious thing is for all parties - particularly agents - to acknowledge the market; price the home accurately based upon the data. There's no mystery around this, but it's also the foundation of the majority of appraisal issues.
To add to the mix, Fannie Mae and Freddie Mac are introducing the new UAD 3.6 format alongside the current one. The new format will be mandatory beginning Nov '26. An…
907 Views, 0 Comments
Home builders are concerned only about their bottom line. Homebuyers are a means to an end, it is all business. Those of us that remember the ’08-’09 crash, see many similarities in the current environment. Builder arrogance remains, but they now again must seek to court favor with buyers and agents. Don’t fall for the nonsense, the bottom line is their only concern. Anything done with builders must be done very carefully and with a complete understanding that they will make the rules.