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John Rogers is a well-known name in the world of mortgage and real estate data analysis. We have amazing data scientists who are building out new models — from reducing premiums on wildfire insurance in California to using image analytics so that an appraiser can capture the appraisal in real time and use it for quality assurance.
GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. Take a Trip to Northeast Ohio in 2050 – Cleveland Magazine If you enjoy listening to podcasts, check out mine. Here are a few for you.
You use the right comps to appraise it. The impacts of climate change are introducing additional layers of risk to the mortgage industry, and we need to think seriously about how we plan to identify, quantify, and mitigate that risk. For decades, the housing industry has viewed climate risk as a fairly straightforward issue.
Below you’ll find answers to some frequently asked questions about appraising solar panels. Interested in appraising green homes? Download this free ebook to learn the ins and outs of green home appraising. How often do appraisers encounter solar panels? What basic properties of solar panels should appraisers be aware of?
Recently I have completed a couple appraisals involving properties with installed financed solar panels. As in all cases when it comes to an appraisal question the answer is always “it depends”. According to a recent report from the International Renewable Energy Agency, that number could reach 4,500 GW by 2050.
In fact, a 2023 CBO study showed almost half of anticipated flood damage to homes with federally-backed mortgages were located in areas where homeowners are not required to carry flood insurance, and are therefore less likely to purchase policies. The post Examining the State of Flood Insurance appeared first on Appraisal Buzz.
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