National Property Appraisal Group

12/17/2025

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years Texas was sold as the safest bet in America. No state income tax, booming oil and gas, and a wave of tech and...

11/19/2025

Its that time of year 🤷
Listings are sitting longer not just because some sellers overprice 🏷️, but because the market has softened overall 📉. Supply is outpacing demand, and buyers aren’t in a hurry—they’re taking their time 🕒 and definitely not desperate.

11/07/2025

🏡 From an Appraiser’s Desk: Builders Are Going Smaller — and Smarter 💡

Lately, I’ve noticed something interesting in the new construction market — homes are getting smaller, on purpose. 🏠 Builders like D.R. Horton, Lennar, and Pulte are scaling back square footage to keep prices within reach 💰 and maintain buyer traffic in a high-rate, high-cost environment 📉.

As an appraiser, this trend shows up in the data before it hits the news. Median GLA is trending down 📏, but demand for these “right-sized” homes is holding steady. Builders are focusing on efficient layouts, affordable finishes, and livable design — not just size.

We’re watching a “shrink-to-survive” strategy play out — smaller footprints, fewer upgrades, and more competitive price points. And it’s working. 🧱 Sales absorption remains strong in many Texas markets because these homes still meet what buyers really want — function and affordability.

From an appraisal standpoint, this shift impacts:
📊 Price per Sq. Ft. – smaller homes often show higher $/SF ratios.
🏘️ Market Segmentation – new builds vs. resales aren’t lining up like they used to.
📐 Adjustments – size and utility differences now demand closer analysis.


Appraisers

11/04/2025

📦 Where Are Americans Moving? 🏡

According to the latest Census data, 2023 was another big year for migration — and it’s clear people are chasing sunshine, space, and opportunity.

🔥 Top 5 States Americans Moved To:
1️⃣ Florida – 649,000 new residents
2️⃣ Texas – 618,000
3️⃣ California – 423,000
4️⃣ North Carolina – 340,000
5️⃣ Georgia – 312,000

💡 Most people heading to Texas came from California, Florida, and Oklahoma — while Florida pulled heavily from New York and Georgia.

People are moving where the jobs, weather, and affordability line up.
Where would you move if you could start fresh? 🌴🏙️

08/24/2025

💰 Texas Appraisers — Texas might owe you money! 💰

Ever do an appraisal and never see the check? 👀
Unpaid fees often end up as unclaimed property with the state.

👉 Search your name & business here: ClaimItTexas.gov

Takes 2 minutes. Costs nothing. Could be $$$ waiting for you.

-Group

04/07/2025

🏡 Housing Market Snapshot

Inventory is still tight — here’s what that means:

• Only 135 homes for sale per 10,000 households
(Normal is around 250!)

• Just 3.2 months of supply
(A balanced market is 5–6 months)

• New listings are rising, but still not back to pre-COVID levels

So… why the shortage?

👉 The “Rate Lock” effect is real:

• 83% of current homeowners have a mortgage under 6%

• 70.7% have rates under 4% (!)

When your rate is that low, it’s hard to give it up—so fewer people are selling.

That’s the info. on inventory, folks.

Thinking of buying or selling? It’s a unique time—happy to chat!

01/24/2025

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This document explains flood zones B, C, and X as they relate to InterFlood maps.

08/30/2024

And the Appraiser is only making $800🤦‍♂️

05/24/2024

Hope everyone is doing great. Let’s dive into what’s happening in the real estate world right now. Here’s the lowdown on the latest trends and developments shaking up the market.

Spring Vibes:
Spring usually brings a boom in homebuying, but this year, it’s been a bit rocky. High mortgage rates and rising prices have put a damper on things, according to the latest from the National Association of Realtors.

Sales Data:

Existing home sales dropped 1.9%, hitting a seasonally adjusted annual rate of 4.14 million.
Regional dips: Northeast (-4%), West (-2.6%), South (-1.6%), Midwest (-1%).
Prices and Rates:

Median price of pre-owned homes jumped 5.7% to $407,600, a record for April.
30-year fixed-rate mortgage rate climbed to 7.02%, up from 6.39% last year.
Inventory:

Home supply rose 9% from March to 1.2 million but is still below pre-pandemic levels.
Homeowners are holding off on selling due to higher current mortgage rates versus their existing low-rate loans.
Market Insights:

Economists predicted 4.2 million sales.
First-time buyers made up a third of sales, the highest share since January 2021, though still below the historical average of 40%.
High-End Market:
Sales of homes priced at $1 million or more shot up 40%, with a 34% increase in their inventories.

Looking Ahead:
We might see some relief if the Federal Reserve cuts interest rates later this year.

In a nutshell, the real estate market is facing some challenges, but there’s a lot of resilience and adaptability out there. Staying informed and flexible is key as we navigate these changes.

Stay sharp

02/29/2024

Whether you're buying, selling, or refinancing, accurate property appraisal is crucial. Trust the experienced team at National Property Appraisal Group to provide reliable appraisal services backed by industry expertise and local market knowledge.

02/28/2024

"Phenomenal company! Chris is REMARKABLE!! Thank you for your area of expertise! I appreciate you!!!" says Tarnecia on Google

★★★★★ Phenomenal company! Chris is REMARKABLE!! Thank you for your area of expertise! I appreciate you!!!

02/16/2024

"Communication was good" says Paul on Google

★★★★☆ Communication was good