Work quantity

[EQUITY APPRAISAL GR]

Is everyone in Florida slow right now, like barely any work at all??

 

[Trihard]

It must be that appraiser shortage that the AMC's and the government keep talking about.

 

[George Hatch]

^^^ Bazinga

 

[EQUITY APPRAISAL GR]

^^^ Bazinga

Bazinga??

 

[Mark K]

Big Bang Theory.

 

[glenn walker]

I assume this is a joke

 

[Terrel L. Shields]

Not in Florida so cannot answer. I've got work well into March...insane.

 

[NC Appraising]

What are the majority of your orders? Purchase or refi?

If purchases, well seasonal market, slows down....along with purchase mortgage demand being at the lowest in history.

Refi: read the below. You should be getting some refi work...

That being said, there were a lot of lenders that just now started to get into the hybrid/desktop world. Most of my lenders started in October. I am still trying to get data on ALL appraisal waivers and desktop/hybrid and PCR w/ AVM.

Also, unfortunately, most refis are done by the large online lenders.....GOOD luck with that. Staff appraisers and race to the bottom appraisers competing for crumbs.

WASHINGTON, D.C. (January 10, 2024) — Mortgage applications increased 9.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 5, 2024. The results include an adjustment to account for the New Year’s holiday.

The Market Composite Index, a measure of mortgage loan application volume, increased 9.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 45 percent compared with the previous week. The holiday adjusted Refinance Index increased 19 percent from the previous week and was 30 percent higher than the same week one year ago. The unadjusted Refinance Index increased 53 percent from the previous week and was 17 percent higher than the same week one year ago. The seasonally adjusted Purchase Index increased 6 percent from one week earlier. The unadjusted Purchase Index increased 40 percent compared with the previous week and was 16 percent lower than the same week one year ago.

 

[J Grant]

Is everyone in Florida slow right now, like barely any work at all??

Very slow. I was moderately or sporadically busy in spurts for the past several months but this month so far, a grand total of 2. Imo it I suspect it is post-holiday recovery -

 

[EQUITY APPRAISAL GR]

Very slow. I was moderately or sporadically busy in spurts for the past several months but this month so far, a grand total of 2. Imo it I suspect it is post-holiday recovery -

Well at least you got 2 lol