Market Conditions Analysis in Residential Appraising
- MAREJ
- May 2
- 1 min read
Wednesday, June 4, 2025
3:00 – 5:00 pm (2 CE hours)
Zoom: Developed and Instructed by Jason A. Tillema, SRA, AI-RRS
The Market Conditions Analysis session has become even more crucial in light of Fannie Mae’s recent policy updates. Effective February 4, 2025, Fannie Mae has introduced new requirements for appraisers, emphasizing the importance of thorough market analysis and time adjustments. This class is specifically designed to help appraisers meet these new GSE guidelines and will provide practical methods for developing value trends and corresponding market condition adjustments.
Participants will learn how to:
Establish a minimum 12-month timeframe for deriving overall market trends
Differentiate between overall market trends and adjustments applied to individual comparable sales
Provide comprehensive market analysis supporting both the indicated overall market trend and market-derived time adjustments
The session will also address Fannie Mae’s emphasis on the importance of analyzing comparable sales for changes in market conditions between the contract date and the effective date of the appraisal. Attendees will gain insights into acceptable practices for making time adjustments, including:
• Utilizing home price indices (HPIs)
• Using MLS data and reports
• Conducting statistical analysis
• Exploring other commonly accepted methods
By participating in this seminar, appraisers will not only enhance their technical expertise but also ensure compliance with the latest GSE requirements. This event aligns perfectly with the Appraisal Institute’s commitment to providing quality education and upholding ethical standards in the appraisal profession. Don’t miss this opportunity to elevate your skills, deepen your understanding of the evolving appraisal landscape, and connect with fellow professionals dedicated to excellence in the field.
VISIT www.ai-snj.org TO REGISTER!
