‘Winfield Realty News’ Archives
2012 Market Forecast Chicago & Suburbs
Based on all data available it appears 2012 should be the year we start to see a normal seasonal market trend where prices rise in the spring, flatten over midsummer and then decline over winter and then repeat. Historically that is how the pricing [Click to Read More...]
2011 Market Forecast Chicago & Suburbs
Prices double dipped in decline once the tax credit expired. Attached housing prices led the way with double digit decline as they seek price equilibrium with detached home prices. Stabilization is moving sideways as months of supply for bank [Click to Read More...]
BPO’s NOT EVALUATIONS
The Inter Agency Appraisal memorandum recently released clarifies the role of a BPO and AVM in the development of an evaluation. BPO's and AVM's are not evaluations as a stand alone product, but instead are considered to be a data element of an [Click to Read More...]
