Housing Wire

JANUARY 16, 2025

Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East Coast and Midwest states in which CSS operates, appraisals were higher than sale prices in 57% of transactions during the second half of 2024.

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Appraisal Buzz

NOVEMBER 1, 2024

Dallas, TX – October 31, 2024 – ClearValue Consulting , a leading provider of innovative solutions in the valuation industry, today announced a strategic partnership with Restb.ai to integrate its advanced computer vision technology into ClearValue’s comprehensive valuation review platform, Certainty.

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Housing Wire

APRIL 3, 2025

AssetVal , a provider of real estate valuations, has partnered with artificial intelligence (AI) company Restb.ai The collaboration aims to enhance the accuracy and consistency of property valuations by using AI to assess property conditions and quality.

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Appraisal Buzz

DECEMBER 9, 2024

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process.

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Appraisal Buzz

OCTOBER 23, 2024

In this episode, Hal and Jim sit down with Joanna Conde, President of the Arizona Association of Real Estate Appraisers (AAREA). Joanna dives into the impact of Artificial Intelligence on real estate appraisals. Many appraisers are wary of AI, but Joanna has embraced it to transform her business.

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Appraisal Buzz

FEBRUARY 4, 2025

real estate market. trillion reduction in unadjusted real estate value over the next 30 years due to climate-related risks. According to the study, residential real estate is the bedrock of the U.S. Key Findings Climate risk reshaping real estate fundamentals: Climate change is transforming the U.S.

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Appraisal Buzz

NOVEMBER 11, 2024

Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Discover the cutting-edge tools and strategies driving the future of real estate appraisals. Working closely with appraisers to understand their needs has been crucial.

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Appraisal Buzz

JANUARY 29, 2025

and Anthony Carolei, Director of Risk Management for Professional Liability at Hanover, host Hal Humphreys explores the critical intersection of real estate appraisal and E&O insurance. Catch them at industry events like ACTS, Valuation Expo, or the Appraisal Summit this year.

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Appraisal Buzz

JULY 10, 2024

Join us as we talk with Vincent Chu, CTO and co-founder of HomeVision, about the innovative ways AI is revolutionizing real estate appraisals. Vince is joining us at Valuation Expo on August 19-21. The post Transforming Real Estate Appraisals with AI appeared first on Appraisal Buzz.

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Housing Wire

MARCH 20, 2025

Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA). Garber added that the most pressing concern for appraisers remains the resolution of fair housing claims by the U.S. HUD and FHA handed down new appraisal bias protections in May 2024.

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Housing Wire

OCTOBER 10, 2024

Real estate data provider CoreLogic is unveiling a new artificial intelligence -powered property and location intelligence platform. The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators.

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Appraisal Buzz

FEBRUARY 28, 2025

Consequently, many businesses, including real estate appraisers who operate through LLCs, corporations or other business entities,are now required tocomply with these reporting obligations. Real estate appraisersconductingbusinessthrough LLCs, corporations or other entitiesmustsubmit their reportsonthis date to avoidpenalties.

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Appraisal Buzz

MARCH 10, 2025

Velox Valuations, a leading national real estate appraisal firm, has announced the launch of two new franchise territories, further expanding its innovative, technology-driven business model across the United States. This approach ensures precise, consistent, and accountable appraisals.

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Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

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Appraisal Buzz

FEBRUARY 3, 2025

In 1986, five years after the launch of the first space shuttle, Fannie Mae and Freddie Mac introduced the Uniform Residential Appraisal Report (URAR) form. Residential appraisers still use this form, albeit with some minor modifications, to this day. These alterations align more closely with appraisal methodology.

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Housing Wire

JULY 9, 2021

The news is filled with talk of real estate. real estate market, matters are of course more complex than mere narratives, but we do all know that constant hype adds to the buoyancy of markets, which then creates more hype. residential real estate market is valued at about $40 trillion in aggregate.

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Housing Wire

MARCH 10, 2025

HomeVision , a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation processes. Key features include: Discrepancy detection: AI compares property images with appraisal data to verify accuracy.

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Appraisal Buzz

DECEMBER 4, 2024

Hal welcomes back Kenon Chen, EVP of Strategy and Growth at Clear Capital, to dive into the latest changes from the FHFA that are set to shake up the appraisal industry. Kenon breaks down the new policies and explains what these changes mean for appraisers, many of whom are feeling uncertain about the future.

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Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. The acquisition is Class Valuation’s fifth in recent years.

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Appraisal Buzz

MARCH 31, 2025

Appraisers often find themselves in a wide variety of settings and situations. The tenant seemed genuinely nice and welcoming outside and even went as far as letting me interact with his friendly dog, which always makes an appraisal better for me. The first situation occurred in a smaller rural community.

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Appraisal Buzz

FEBRUARY 24, 2025

In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property.

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Housing Wire

FEBRUARY 9, 2023

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. The Maryland-headquartered Appraisal Buzz sends out newsletters two times a week, featuring articles and submissions from industry leaders, according to its website.

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Housing Wire

JANUARY 24, 2025

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. However, a 2021 Supreme Court decision, TransUnion LLC v.

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Housing Wire

FEBRUARY 1, 2024

The Tech100 Real Estate award celebrates the most innovative and impactful organizations in housing. More than just an acknowledgment; the Tech100 award is a testament to the transformative impact these companies have made, propelling the real estate sector into new realms of efficiency, transparency and accessibility.

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Appraisal Buzz

FEBRUARY 26, 2025

The Appraisal Subcommittee (ASC) plays a crucial role in overseeing the real estate appraisal profession, but how has it evolved over the years, and where is it headed next? The post Inside the ASC: The Evolution & Future of Appraisals appeared first on Appraisal Buzz.

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Housing Wire

JULY 5, 2022

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The two desktop appraisal solutions were developed to meet new desktop appraisal guidelines in April.

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Appraisal Buzz

AUGUST 7, 2024

Today on the Buzzcast, we welcome back Jeff Hogan, SRA, AI-RRS, Senior Vice President of Valuations and Chief Appraiser for Valligent. In this episode, we explore how advancements in technology are impacting the appraisal field. We also tackle the big question: Will there always be a need for human involvement in appraisals?

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Housing Wire

OCTOBER 4, 2023

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. HousingWire: How is the market for appraisals changing in 2024?

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Appraisal Buzz

APRIL 9, 2025

These organizations are on the cutting edge of serving the mortgage, real estate, or housing markets, providing technology or software designed to serve those markets. Valligent Website: valligent.com Valligent, a Veros Software company, is transforming real estate finance by blending advanced technology with industry expertise.

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Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals.

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Appraisal Buzz

MAY 9, 2022

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? It’s apparent when someone has little to no knowledge regarding log home valuation.

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Appraisal Buzz

MARCH 17, 2025

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! But since then, I’ve come to appreciate relocation appraisals. In this article, Ill tell you why.

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Housing Wire

AUGUST 4, 2022

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Hybrid appraisals rely on third-party data collection, while desktop appraisals require photos and a floor plan. Sponsored Video.

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Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

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Housing Wire

DECEMBER 15, 2022

Class Valuation , one of the largest appraisal management companies in the U.S., It’s picked up PropertyVal , a Maine-based AMC that is among the largest independent residential appraisal firms in the state. “We It’s at least the third acquisition Class Valuation has made this year alone.

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Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. 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?

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Housing Wire

JUNE 9, 2023

The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal ,” the announcement states.

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