Podcast: An Inside Look at Appraisals and Rising Lumber Prices

Material Costs
Published

On the latest episode of the Housing Developments podcast, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin have a candid discussion with Scott Reuter, chief appraiser and head of valuation at Freddie Mac, and Kurt Dinnes, founder of Sun Custom Homes in Oklahoma City, on the appraisal process during this time of skyrocketing lumber prices.

Reuter brings more than 30 years of housing finance experience to provide insights into the appraisal process, including the importance of builders engaging with the appraisers. Dinnes brings a builder's perspective to the conversation and shares his strategies for getting appraisals to better reflect the increasing costs of materials.

This is a don't-miss episode for everyone in the home building and real estate sphere. To listen to previous episodes of Housing Developments, visit the podcast page or search for our show wherever you find podcasts.

Sponsored by:

Wells Fargo Home Mortgage logo

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Material Costs | Economics

Jul 26, 2024

How Soaring Prices for Building Materials Impact Housing

Prices of most building materials are still far above their pre-pandemic levels, and the impact of those elevated prices can be seen in unexpected places.

Advocacy | Election 2024

Jul 25, 2024

NAHB Podcast: Changing Dynamics in the 2024 Election

On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by Chief Lobbyist Lake Coulson to discuss the latest political news.

Workforce Development

Jul 25, 2024

Lowe’s Foundation Makes Another Big Investment in Skilled Trades Training

The Lowe’s Foundation recently announced nearly $8 million in Gable Grants to a second cohort of community and technical colleges.

View all

Latest Economic News

Economics

Jul 26, 2024

Personal Saving Rate Drops to Lowest Rate Since November 2022

Personal income inched up 0.2% in June, down from a 0.4% increase in the prior month, according to the most recent data release from the Bureau of Economic Analysis (BEA).

Economics

Jul 26, 2024

Market Share of 5,000+ Square Foot Homes Declines in 2023

The number of homes started in 2023 exceeding 5,000 square feet, dropped to 26,000, a decrease from 29,000 in 2022, according to the annual data from the Census Bureau’s Survey of Construction (SOC).

Economics

Jul 25, 2024

All-Cash Sales Remained at a Three-Year Low for the Second Quarter

All-cash purchases accounted for 6.9% of new home sales in the second quarter of 2024, the lowest level since the fourth quarter of 2021, revealed by NAHB analysis of the most recent Census Quarterly Sales by Price and Financing report.

Economics

Jul 25, 2024

Housing Share of GDP Remains Above 16% Despite Marginal Declines in Residential Investment

Housing’s share of the economy stayed level at 16.1% in the second quarter of 2024. The share remained above 16% after staying constant at 15.9% for all of 2023.