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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities. This trend had a profound impact on the housing market. Career Institute.

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Navigating appraisal challenges in today’s housing market

Housing Wire

This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire: What’s the biggest pain point appraisers are currently facing? HW: How is today’s tight purchase market affecting the appraisal process?

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House passes bill to modernize VA appraisals

Housing Wire

House of Representatives this week passed a bill that streamlines the appraisal process for U.S. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether. “The

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An Opportunity to Change the Appraisal Industry

Appraisal Buzz

This rush to return to the status quo has created buzz in the appraisal industry—a wish that Fannie and Freddie were talking to appraisers about how to make the appraisal process more efficient and accurate. It’s time to make the appraisal process more efficient by solving these problems. housing markets.

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Housing Market Predictions for 2022 and Other Appraisal News

Appraisal Buzz

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you.

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What role does appraisal tech have in creating customers for life?

Housing Wire

According to Reggora co-founder and CEO Brian Zitin, “Lenders need to start paying attention to the appraisal process now, more than ever.”. Appraisal challenges impact everyone. This year’s hot housing market has created several obstacles within the appraisal process that impact both the lender and the borrower.

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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

This talent drain is further compounded by the fact that of the appraisers that remain in the industry, more than half are approaching retirement age, while 20% are aged over 66. A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. Closing Thoughts.

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