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The Climate Crisis and Real Estate: How Natural Disasters Are Changing Property Values

Appraisal Buzz

In this episode, we dive into the growing risks posed by wildfires, hurricanes, and floods, and how these extreme events are impacting property values and insurability. Shell break down which regions are most at risk, how insurers and lenders are responding, and what the future holds for disaster-prone areas.

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Ensuring Accuracy and Protection: Real Estate Appraisal and E&O Insurance

Appraisal Buzz

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. Want to connect with Susan or Anthony?

Insurance 195
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Race and the Property Valuation Industry

Appraisal Buzz

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. an income gap of 60%).

Valuation 370
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Going to Extremes

Appraisal Buzz

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

HOA 370
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HousingWire Annual 2023 On Demand

Housing Wire

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic.

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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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The hybrid appraisal is here. Who benefits?

Housing Wire

Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. The State of Appraisals in 2022.

Appraisal 435