Housing Wire

AUGUST 11, 2021

Total Home Value X. Total Home Value X is a new state-of-the-art automated valuation model (AVM) leveraging artificial intelligence and machine learning capabilities built on Cloud technology. It leverages a property database of more than 5.5. billion records that captures 99.9% Product Fast Facts. #1.

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Housing Wire

NOVEMBER 3, 2023

The process of finding, buying and owning a home today is disjointed, antiquated and messy. homegenius Real Estate understands the need to deliver differentiated value in a very congested market. Find their dream home faster. Evaluate properties instantly. Explore possible cost savings.

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Housing Wire

OCTOBER 18, 2022

Automated Valuation Models (AVMs) are having a moment. homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. Ultimately, this translates into smarter AVMs that can do more in less time.

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Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

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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. With access to a property database of more than 5.5

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Housing Wire

AUGUST 25, 2022

However, many lenders have issues building profitable home equity programs due to some misconceptions about handling valuations in a way that ensures they are underwriting quality loans. It may even be enough to dissuade some from initiating the home equity loan process.

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Housing Wire

MAY 11, 2021

This is why most automated valuation models (AVM) default to assessing “average” quality and condition. As a result, it is often difficult to differentiate (and accurately value) properties at the above-average and below-average ends of the spectrum.

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Housing Wire

NOVEMBER 16, 2023

This turned out not to be an overstatement – and its possible abolition is opening the doors to entirely new ways to buy and sell homes. We built out a solution that put the consumers (homebuyers and home sellers) at the center of the transaction instead of a Realtor. So that is an incentive to stay in NAR, right?

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Housing Wire

DECEMBER 13, 2024

In this environment, strategies to mitigate repurchase risk through technology , precise quality control, and strong collaboration are essential to avoid serious financial and reputational fallout. When lenders or their technology providers fail to maintain a high standard of data accuracy, loan buybacks increase.

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Investors Legal Tools Legal Fees 370

Housing Wire

JANUARY 10, 2023

Property data and valuation solutions are my primary areas of expertise, but housing affordability and increasing the number of people that are “well housed” (thanks to Jeremy Potter for that Dr. Raphael Bostic quote) is an all-hands-on-deck-sized challenge. I plan on seizing opportunities to make progress even in the current market.

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Housing Wire

JUNE 17, 2024

Ads drive homeowners to a home valuation tool and lead capture, where they can drop in their email addresses to get a home value estimate. to predict which homes are most likely to sell in the next 12 months, so you don’t waste your time trying to connect with homeowners who aren’t serious about selling.

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Advertising Real Estate Tools Contracts 448

Housing Wire

FEBRUARY 27, 2024

Smart Home Price: Customized landing pages, including a home valuation tool for prospects and lead capture capabilities; you can make personal contact those who fill out your online form and express interest in learning more. Enhance your brand with custom landing pages designed to convert real estate seller leads.

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Advertising Real Estate Tools Sellers 459

Housing Wire

JUNE 29, 2021

Properties in the same neighborhood were used to serve as a control for value differences between different markets. The average home value for high hazard risk properties is $697,000, as compared to the neighborhood average of $773,000 dollars.

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Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” However, it was deemed as too challenging technologically so it languished.

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Real Estate Agent Real Estate Agents Tools 370

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 78

Housing Wire

AUGUST 28, 2020

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. Another relative newcomer is APC Data Analytics who uses machine learning to deliver what they say is the most accurate valuation available. The HousingStack is exclusively for HW+ members. in 2019.

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Tools Sellers Real Estate Contracts 320

Will Springer Realtor

NOVEMBER 19, 2024

Real estate is evolving rapidly, with technology driving new efficiencies and experiences across the industry. Since the pandemic, Realtors® and other industry professionals have adapted to emerging tech tools, enhancing clients’ home-buying and -selling journey in ways that also help them stay ahead of the competition.

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Clear Capital

JULY 27, 2023

By reducing the time it takes to properly evaluate a property’s market value, BeSmartee provides efficient access to HELOCs giving homeowners credit they need. This partnership allows lenders to centralize the valuation process and access accurate value predictions on nearly every residential property in the U.S.

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Home Value Valuation Mortgage Real Estate 69

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. The CE Shop pricing Education Type Prelicensing Exam Prep Post-License CE Broker Prelicensing Starting at $104.25 $101.25 $115 $221.25 This is the equivalent of $32.31

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Real Estate Real Estate Agent Agents Law 468

Appraiserblogs

APRIL 23, 2024

The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. This adjustment, which modifies values based on median home values within specific census blocks, raises concerns for potentially reflecting practices akin to redlining – a discriminatory practice that.

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Eppraisal

APRIL 5, 2024

In this post, we'll explore key market trends and provide insights into strategies for optimizing home values in an ever-changing environment. Understanding Market Dynamics The foundation of maximizing home values lies in a deep comprehension of market dynamics.

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Appraisal Today

JUNE 28, 2024

The technology has been drifting into mortgage lending reliance for more than a decade because it has been marketed as having the ease of “pushing a button.” The driver behind this final rule was to eliminate potential bias in valuations by replacing appraisers with AVMS. AVM software is built by humans who have inherent biases.

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Valuation Appraisal Real Estate Real Estate Agent 64

Appraisal Today

APRIL 26, 2024

This practice may shed light on why the correlation between home values and neighborhood racial composition strengthened again from 1980-2015, while the connection between home values and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened.

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Appraisal Real Estate Real Estate Agent Contracts 85

Eppraisal

AUGUST 22, 2023

The world of real estate has undergone a technological transformation over the past 10 to 20 years, with Automated Valuation Models (AVMs) emerging as powerful tools for property valuation. Agents leverage Commercial AVMs to assess the value of properties with an eye on investment potential and long-term gains.

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Real Estate Real Estate Agent Valuation Sellers 36

Appraisal Today

FEBRUARY 14, 2025

Im certain weve all seen broadcasts where technology shows the pitch was clearly a ball, yet the umpire calls it a strike. There are even statistical services that rate the accuracy of baseball umpires on calling balls and strikes versus new technology. trillion Mortgage applications increased 2.3 trillion Feb. trillion Feb.

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Empire Appraisal Group

OCTOBER 28, 2021

Those who are not able to make the payments might decide to sell their homes and enter the rental market, says Jeff Taylor, managing partner at Mphasis Digital Risk, a technology and risk firm that consults with mortgage lenders. “We An underbuilt market is one of the factors helping sustain valuation in the hot housing market.

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Inventory Housing Market Construction Real Estate 78

Clear Capital

APRIL 1, 2024

It’s a great time for lenders to climb aboard the home equity lending bandwagon. Whether you’re starting a home equity program or seeking to enhance your existing program, an automated valuation model (AVM) is a great tool to have in your belt. What can customers do with home equity loans?

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Lending Valuation Home Value Design 36

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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Appraisal Today

APRIL 14, 2023

It is one environment where residential appraisers are still valued. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons. It could be a real estate agent, a home inspector or even a part-time Uber driver looking for some easy money.

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Appraisal Bracketing Valuation Contracts 52

Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. The article implies that there is difficulty in “providing accurate valuations” as evidence by the gap in appraisals and actual sale prices.

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Housing Wire

MAY 27, 2022

There is no single silver bullet that will rectify the pernicious impact of bias in residential real estate valuations — it is a complex problem that requires a multifaceted solution. As a result, homes located in minority neighborhoods have been chronically undervalued, exacerbating the racial wealth gap.

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Appraisal Valuation Technology Modernization 418

Appraisal Today

AUGUST 30, 2024

Redfin Reports 6 of Every 7 People With Mortgages Have an Interest Rate Below 6% 110 Nightmarish Home Inspector Scenarios Mortgage applications increased 0.5 The article implies that there is difficulty in “providing accurate valuations” as evidence by the gap in appraisals and actual sale prices. Below 4%: 57.4%

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Housing Wire

JUNE 14, 2022

Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Using its automated valuation models “leads to relatively lower racial gaps,” Freddie Mac said.

Appraisal 370

Appraisal Valuation Inspection Law 370

Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. Nothing wrong with that. I learned a lot.

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Housing Wire

NOVEMBER 13, 2024

In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong.

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Housing Wire

OCTOBER 25, 2024

Any supply chain disruption to critical trade routes worldwide could cause the same issues with manufactured goods and technology price increases due to a lack of supply from foreign producers. Global events destabilizing the world’s oil supply could kick inflation back into high gear and make the FOMC’s QE and QT campaigns fail.

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Supply Chain Investors Insurance Lending 468

Housing Wire

DECEMBER 16, 2024

Irwin said he strongly believes that there are ways to validate value, but the nature of the HECM program as a nonrecourse program requires that valuation is accurate. There are technologies and datasets available that can validate home values, and I believe we should continue exploring those options.

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