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…
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