The Bakersfield Appraiser's Blog

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Real Estate Appraiser - Fariss Appraisal Services
RECENT BLOG POSTS
Okay, this has got to be one of my biggest pet peeves in appraising. I spend time on my reports, I don't churn and burn appraisals. I do my research, look at the sale statistics, find the best comps and put meaningful data into my reports.In the neighborhood section of the report there are some c...
10/29/2007
As most of you have probably heard, there was a record number of defaults in the third quarter this year. I expect teh susequent quarters to be even worse. October and November are expected to have the largest number of ARM resets which will probably result in additional defaults beginning in Dec...
10/28/2007
12 Comments
I've been using this virtual phone system from RingCentral for about a month now. So far, I really like the features for the price. With this system, I get 20 extensions (any extension can receive a fax), you can set up one extension as a dedicated fax number (faxes are received via email and/or ...
10/27/2007
In a prior post I estimated that Bakersfield will end up with around 6,200 sales of single family homes for the year, which is about 40% lower than 2006. I just looked at the number of homes currently listed - 3,993! Wow. There is almost a full year's worth of inventory on the market right now. O...
10/27/2007
Since there has been so much news about the fires and the blogs about the fires are very active, I thought I'd put together a list of resources to keep members updated on the fires.California Fire NewsInciWebCAL FireLA County Fire DepartmentOrange County Fire AuthoritySan Diego County Emergency H...
10/26/2007
After posting information on the decline in average per square foot prices for Kern County, I thought I'd take a look at Bakersfield. The data here is for single family residences, however the occasional condo or manufactured home might be included because it wasn't listed correctly. Also, some n...
10/26/2007
The average price per square foot in Kern County peaked in 2006 around $183. As of last month, the average has dropped to $151. That's a decline of nearly 17.5% over the past year. We've been on a steady decline for the past 6 months losing about 1.5% each month. These figures are still higher th...
10/25/2007
4 Comments
Listing histories are a very important piece of the lending puzzle. Since the update to FNMA appraisal forms, listing histories are required information on the appraisal. As an appraiser, I think the listing history is important information that must be analyzed when developing an appraisal, and ...
10/22/2007
Rainer
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John Fariss

Appraiser - Bakersfield, CA
smartphone(661) 310-9620
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An appraiser in Bakersfield, CA gives his two cents about Bakersfield, Kern County, appraising and technology.

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