Latest Appraiser Bias Lawsuit

[djd09]

King County’s housing market is ‘looking pretty bad’​

It’s shaping up to be another disappointing spring for Seattle-area home sellers — and many buyers.

Despite the arrival of warm weather that typically reinvigorates buyers, more listings are lingering on the market or dropping in price as home shoppers grow wary of looming economic conditions intensified by the war in Iran.

Real estate agents say their buyers are suffering from information overload. The war in Iran has sent mortgage rates up. Higher gas prices are stretching budgets. Layoffs lurk in the back of tech workers’ minds.

“Our buyer confidence is just up and down — and mainly down. They are quick to talk themselves out of lots of things,” said Renton Windermere broker Heather Maddox.

Last month, the median single-family home price in King County dropped 7% to $960,000 year over year while closed sales fell 1%, according to data from the Northwest Multiple Listing Service released Tuesday.

https://www.seattletimes.com/business/real-estate/king-countys-housing-market-is-looking-pretty-bad/

...it is a dangerous time to be a lowballing appraiser

 

[djd09]

Oakland home values continue to fall — at one of the fastest rates in the nation​

no turning back now...

 

[djd09]

https://twitter.com/x/status/2055331055809220848

go through the comments...be careful out there

 

[chad hampton]

https://twitter.com/x/status/2055331055809220848

go through the comments...be careful out there

Account based in Africa. Wonder how the bot farms got that idea,

It’s not just appraising that’s finished, it’s the entire society. Fine by me, anarchy and chaos needs to happen.

 

[shrubberyvaluation]

I recently came across some bias lawsuits from the 90's. It doesn't seem like these cases are anything new. They are just getting more media attention these days.

More media attention can ideas of $$$ in the heads of scammers.