Consumers, real estate agents and even lenders have been sharing the optimism on the housing recovery, but how do appraisers see things?
Slowly but surely, more and more components of the U.S. economy have jumped on the housing recovery bandwagon. From consumers, to real estate agents, to even lenders, it seems just about everyone is seeing the housing market with an optimistic eye.
But how do appraisers – arguably the most important cog of all in the current real estate assembly line – feel about the current housing market? United States Appraisals set out to answer that question in a wide-ranging survey of the appraisal profession. Aaron Fowler, president of United States Appraisals, said the results showed appraisers to have a hopeful view on housing.
“Appraisers tend to be realistic, focused on their local markets and unmoved by news stories and national numbers,” Fowler said. “We believe they provide a good gauge of the status of the housing market. After the last few years, a mildly strong level of confidence shows some definite improvement in appraiser attitudes.”
So what did United States Appraisals find? See our infographic below to find out: