Showing posts from October, 2015

What I've Learned in One Year of Blogging

It's hard to believe that I started this blog for our appraisal company one year ago. It really all started when I came across a guy named Phil Crawford and his weekly podcast for appraisers, Voice of Appraisal.  Phil does a great job of informing appraisers of relevant news and information for appraisers. His podcast comes out once a week and if you are an appraiser or interested in appraising I highly recommend you give him a listen.  It is informative and entertaining.   On Phil's show he spoke of how important it is for appraisers to have a blog and be our local market experts.  His list of Appraiser Power Bloggers do just that.  His show inspired me to start a blog for our appraisal business.  There is really a lot of misinformation and misunderstanding about appraising, appraisers and the appraisal process.  It is my desire to help others, whether it is borrowers, sellers, realtors, or mortgage brokers, to understand what we do and why we do it. My first blog was attach…

Grayson County Market Analysis

Grayson County is located north of the Dallas/Fort Worth Metroplex. It has a population of 123,543 per US Census data.   The area has experienced a 2.2% population growth since 2010.   It has a land area of 932.8 square miles.   The county seat of Grayson County, is Sherman, TX.  Sherman is located next to the city of Denison and the area is often referred to as the Sherman-Denison market area.  Grayson County sits north of  Collin County which is a rapidly growing northern suburb of the North Dallas.  Grayson county is more rural and less dense.  The market is more varied and fluctuating due to the limited number of sales and lower turnover rates.  

The chart below takes a look at the Median Sale Price of all sales within Grayson County for the past five years.  As you can see the median sale price varies widely each month, however for 2015 the Median Sale Price has risen and is at a steady climb.  

This is a different look at the median sale price in Grayson County for each year. as …

Do You Know the Qualifications of an Appraiser? Have Confidence in the Professional, The Appraiser

If you are like me you want to know the qualifications of the person that is about to provide a service for you whether it is your electrician, doctor, dentist, etc.  It is my intent to provide you with some information in regards to the qualifications of a real estate appraiser.  It seems that  some might not be aware all of the training and education that goes into becoming a Real Estate Appraiser. In light of a recent article from a real estate agent discussing value in Huffington Post, there is an inference that the appraiser is not a real estate professional and the author even states"Don't call an appraiser, as their approach to market value is different than that of a real estate professional".   Maybe this is a misstatement but please know that this is most certainly not true. The real estate appraising profession has changed throughout the years and the requirements to become an appraiser have become more rigorous and extensive.  You can have confidence that the…