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A Log Home Valuation

Appraisal Buzz

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? The American Institute of Architects has estimated that 9% of “Custom Built” homes being constructed in the United States are of log home construction.

Valuation 396
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Applying the concept of social media networks to property valuation

Housing Wire

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. Applying this concept to the housing market, it is possible to construct a network of properties—a network graph algorithm. Greater Similarity…Stronger Connection.

Valuation 210
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ACE + PDR: What does this mean to you, and what’s the future for appraisal data collection?

Appraisal Buzz

I provide short and long-term consulting services related to valuation, education, review, and investigations. Freddie Mac and individual lenders are requiring data collectors to receive training regarding property characteristics, materials, components, and issues or concerns that should be identified when visiting properties.

Appraisal 360
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How the housing industry is preparing for the age of AI

Housing Wire

In particular, Holden noted the opportunity of training computer algorithms to review bank statements and identifying borrowers who have no credit but are making consistent rent payments every month. “We

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Opinion: Beware of the hidden losses of real estate mergers and acquisitions

Housing Wire

Since the seller’s market for brokerages has passed for the moment, valuations have taken a hit. I suspect we will see more walkovers and big teams also making moves as they seek to improve their take on each transaction which creates even more uncertainty in valuations. Or do you have more to generate for them than they got before?

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Increasing Diversity in Appraisal Profession.

Appraisal Buzz

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. In the past, financial institutions were a viable training ground. Most independent fee appraisers work on very small margins.

Appraisal 370
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Like it or not, desktop appraisals are here to stay

Housing Wire

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. It also pointed out potential pitfalls of a non-traditional approach.

Appraisal 370