Remove 2012 Remove Home Value Remove Valuation
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Rocket Mortgage wins $10 million dismissal in 2012 lawsuit

Housing Wire

A group of 2,769 West Virginian borrowers claimed in the lawsuit, which was originally filed on July 23, 2012, that Rocket Mortgage (known then as Quicken Loans ) and its insurance arm, Amrock (formerly Title Source ), were unfairly influencing home appraisal values. The latest ruling from the U.S

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Manufactured Homes Appreciating at Rates Comparable to Site-Built Homes

Appraisal Buzz

While the study excluded refinancing data due to lower refinancing activity in manufactured housing, it relied on purchasing indexes to provide a market-reflective valuation. Research indicates that rising land prices have significantly outpaced the appreciation of home structures, contributing to a disparity in overall value growth.

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RealScout launches seller lead nurture features

Housing Wire

Agent-client collaboration platform RealScout announced the launch of RealScout Pro+ on Tuesday, the first significant update to the platform since it was founded in 2012. “It Features of the new RealScout Pro+ include Auto Nurture, Home Value Alerts and market activity alerts.

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U.S. property taxes increased twice as fast in 2023 compared to prior year

Housing Wire

The data also used an automated valuation model (AVM), and the analysis applied to 89.4 million single-family homes in the U.S. amid a combination of declining home values and rising tax bills,” according to an Attom news release. Nationally, the average home value dipped 1.7%

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Property taxes have been rising. Here’s what it means for housing

Housing Wire

That, combined with higher home valuations from sales last year, has meant that the average homeowner will pay an extra $130 annually in tax through fiscal year 2024, according to the county. single-family home was $3,901, up 3% compared to 2021, ATTOM reported. But home values and taxes have shot up in several neighborhoods.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

It re-emerged in the AI scene in October 2012. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment.

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8 Experts: Sky-High Housing Prices Won’t Fall

Empire Appraisal Group

To put that in perspective, more than 11 million mortgages entered the foreclosure process between 2008 and 2012 – which included the Great Recession – according to the Federal Reserve Bank of St. An underbuilt market is one of the factors helping sustain valuation in the hot housing market. Two economies. million in 2018 to 3.8