Changing needs for a changing market.

Valuation Insights & PerspectivesVol. 11 Nbr. 3, June 2006

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Changing needs for a changing market.

THE MARKET IS BEGINNING TO CHANGE. Based on feedback from many members--both residential and commercial appraisers--orders are off anywhere from 10 to 40 percent, and even more in some markets. Higher interest rates and consumer concerns over income and housing markets are clearly having an impact on the volume of business in the mortgage market.

However, appraisers who have diversified into other...

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