Housing Wire

SEPTEMBER 27, 2023

That favors markets in the Northeast and Midwest, where prices are lower, and comes at the expense of markets in the West, where prices are higher, recently published data from Zillow suggest. Take the Zillow Home Value Index. It is smoothed and seasonally adjusted, and data for August were published Sept.

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Housing Wire

NOVEMBER 7, 2023

The market has since cooled off, but taxes are going up. 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.

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Appraisal Buzz

JULY 10, 2024

Veros Real Estate, an enterprise risk management and collateral valuation company, has released it second quarter VeroFORECAST, which projects an average nationwide home price forecast for the forthcoming year. The ten weakest housing markets are expected to see modest price declines (-1.0% to -1.8%) over the next year.

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Housing Wire

APRIL 4, 2024

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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Housing Wire

DECEMBER 22, 2021

How do remote valuation solutions benefit appraisers? However, she added that the “silver lining is that housing values didn’t just climb in large affluent cities” as homeowners in rural America also saw “substantial” home-value increases. Redfin’s report found that rural home values climbed by 46.2%

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Appraisal Buzz

OCTOBER 7, 2024

home prices are forecast to rise 3.1% over the next 12 months, according to valuations firm Veros. The housing market is poised for modest appreciation over the next year amidst falling mortgage rates and increasing inventory, Veros says in its Q3 report. That’s down from the firm’s Q2 forecast of 3.2%.

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Housing Wire

MAY 25, 2021

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold. Greater Similarity…Stronger Connection.

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Housing Wire

MARCH 20, 2025

Additionally, homes in Black communities are undervalued by an estimated 21% to 23%, translating to $162 billion in lost equity for Black homeowners. According to a November 2022 report by The New York Times, racial gaps in appraised home values surged by 75% over the prior decade.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. Whether you are planning to sell in the near future or not, most people want to be reassured that any major renovations they invest in will be reflected in an increased home valuation.

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Appraisal Buzz

MAY 6, 2024

And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Areas more exposed to such risk are likely to see increased volatility in valuations.” The post Going to Extremes appeared first on Appraisal Buzz.

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Clear Capital

MAY 4, 2021

Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.

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Housing Wire

JUNE 29, 2021

The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars. With a nearly $75,000 gap, it becomes evident that homes in Otay Ranch at higher risk also have lower property values. The post Are higher-risk homes cheaper?

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Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. But then they had to hire me to perform an appraisal.

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D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

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Birmingham Appraisal

MARCH 4, 2025

In fact, one of the biggest dangers is that widespread reliance on appraisal waivers is contributing to what some call “data cancer”a systemic problem that degrades the accuracy of real estate valuations over time. Appraisal Waivers Contribute to “Data Cancer” in the Housing Market What is Data Cancer?

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Housing Wire

FEBRUARY 27, 2024

Smart Targeting: Automated marketing to homeowners, including an eight-week, eight-email drip campaign, targeted online advertising, and direct mail. This enables you to focus on prospects who have scored high using the algorithm, and leverage one-on-one personalized marketing combined with targeted online advertising to get listings.

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DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Market conditions and market analysis is crucial in valuation. Gotta love North Texas weather!

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D Fritz Appraisals

DECEMBER 16, 2022

Every year, BC Assessment creates property tax assessments for over 2 million homes in BC. These assessments provide a valuation of each property as of July 1 st in the previous year (So 2023 tax assessments are based on the value of homes on July 1 st, 2022). Size of home in square feet. Age of home.

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Empire Appraisal Group

MARCH 16, 2022

CFPB announced an initiative to make sure computer models that help determine home valuations are fair, the Small Business Advisory Review Panel for Automated Valuation Model (AVM) Rulemaking. The technical term for them is automated valuation models (AVM). Overvaluing homes can lead to higher rates of foreclosure.

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D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims.

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Realtor

DECEMBER 15, 2016

Homeowners may also need an appraisal when they refinance a home or take out a home equity loan (HELOC). If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. Real estate appraisers are merely there to give an unbiased opinion about the home value.

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Realtor

DECEMBER 15, 2016

Homeowners may also need an appraisal when they refinance a home or take out a home equity loan (HELOC). If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. Real estate appraisers are merely there to give an unbiased opinion about the home value.

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Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.

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Empire Appraisal Group

OCTOBER 28, 2021

USA TODAY spoke to eight experts to find out if a housing crash is on the horizon. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Given the strong housing market and price appreciation, banks are more likely to work with borrowers to restructure their loans.

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Clear Capital

JANUARY 31, 2022

This statement regarding “minimizing the effect of Federal Reserve holdings on the allocation of credit” seems to be an admission that the housing market has increased in value much faster than the Fed would like. Freddie Mac is forecasting home price appreciation to slow to 6.2% The Federal Government has spent $5.7

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Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1

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Houston Properties

MAY 24, 2021

Sell Your Home Fast For More Money: Houston Properties Online Marketing. Free Home Valuation. Best Houston Realtor To Sell My House. Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money.

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Appraisal Today

NOVEMBER 4, 2022

Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. in a non-coastal flood zone. An Ohio appellate court recently said “no.”

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Appraisal Today

JUNE 10, 2022

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Hot housing market not a bubble, economists say. “Americans have seen home values rise at record rates over the past few years.

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Appraisal Today

DECEMBER 23, 2022

Home type: Single family. Home value (with no comps, not even close to 30!). Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” Floor size: 2,500 sqft. Year built: 1822. Last remodel: 2013. Multiple 150 sqft Cottages. Santa’s Toy Workshop. Reindeer Stables. Sleigh Parking Garage.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Get a free home valuation for your house and trends in your neighborhood. With higher home values come higher rental rates. Zillow Home Value Forecast: +11%.

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Will Springer Realtor

AUGUST 11, 2023

We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. BY THE NUMBERS >> The West has suffered the greatest from the housing-market downturn over the past year, according to ATTOM Data Soluti ons, which indicated 23 of the 50 worse-off U.S.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. The data below covers the “average Houston home.” flexibility in negotiation and marketing.

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Appraisal Today

JUNE 23, 2023

Both Fannie and Freddie insist that appraisers remain an integral part of the valuation landscape and demand for appraisal services will continue into the future. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. Worth reading.

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Houston Properties

MARCH 5, 2021

Houston Heights Home Seller Resources. Full Houston Home Seller Guide. 9 Mistakes To Avoid When Selling Your Houston Home. Sell Your Home Fast For More Money: Houston Properties Online Marketing. Free Home Valuation. Best Houston Realtor To Sell My House. "From Median Home Price.

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Appraisal Today

MAY 19, 2023

My first appraisal job was updating data records for an assessor’s office, converting to computerized valuation in the mid-1970s. housing market back into a deep freeze Excerpts: A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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