Housing Wire

OCTOBER 11, 2023

For example, if a property is exposed to high climate risk, its market value may decline. The CoreLogic presentation at HousingWire Annual is timely with the anticipated release of the Securities and Exchange Commission ’s climate-disclosure rule.

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Housing Wire

OCTOBER 15, 2020

Homeowners can now get a StreetEasy estimate of their homes’ current market value based on features that are unique to New York City, the company said. Homeowners start by claiming their home, then requesting an AI-powered estimate of their home’s current market value, an estimated price per square foot and monthly rent.

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Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property.

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Housing Wire

JUNE 25, 2024

Some Americans may not be able to decouple the market value of their home from the sentimental value. When presented with a few examples in those categories, a majority of 55+ sellers and buyers said selling a home (65%) was among the most stressful.

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Appraisal Buzz

OCTOBER 21, 2024

Be it for good or evil, the only way to quantify how much the improvements contribute to the market value of the underlying site, as if it were vacant, is via the analytics of the Cost Approach. And this requires the appraiser to collect, verify and analyze data to conclude a credible vacant site value. Spoiler Alert: It is not.)

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Appraisal Buzz

JULY 25, 2024

Redfin defines “luxury homes” as those estimated to be in the top 5% of their respective metro area based on market value, and non-luxury homes as those estimated to be in the 35th-65th percentile based on market value. Non-luxury home prices grew at less than half that pace, rising 3.8% Non-luxury home sales fell 3.4%

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Housing Wire

JULY 8, 2024

is a designated Chicago landmark and is present in the U.S. That has complicated the issues around ownership of the home according to the child of those buyers, who said that interest accumulation on the loan has potentially outpaced its market value. National Register of Historic Places maintained by the National Parks Service.

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Appraisal Buzz

DECEMBER 2, 2024

The latest advisory is a continuation of the trend to increase content to appraisers and lenders when Selling Guide Appraisal Requirements are revised. What level of data and analysis does an appraiser need to present when providing support for market conditions adjustments? Short answer – No.

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Housing Wire

AUGUST 13, 2024

Still, they seem particularly egregious when there is a low (or no) monetary offer because “just compensation” historically does not have to reflect the “fair market value.” Right to be heard : Individuals affected by decisions should be able to present their views and evidence.

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Appraisal Buzz

OCTOBER 2, 2024

A new ATTOM report examines the present trends in underwater mortgages and homeowner equity, the underlying causes of these trends, and the states most affected. A property is considered equity-rich if the total estimated loan sums secured by it do not exceed 50% of its estimated market value.

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Appraisal Buzz

MAY 24, 2021

Because multifamily homes serve a different purpose than single-family properties, appraisers have yet another factor to consider before presenting a number to the bank. There are three methods appraisers can use to calculate a multifamily property’s value. These properties are not for owner occupancy.

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Housing Wire

JULY 16, 2021

Presented by: SimpleNexus. billion market capitalization, less than half of its previous market value. By both companies’ admission, a major key to Success’s success will be hiring loan officers. But eXp’s stock has dipped from a high of $80 per share in February to $33 as of Friday. The company now has a $4.2

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Housing Wire

NOVEMBER 19, 2020

Now, heirs will pay market value in taxes. Presented by: CoreLogic. What does the passage of Prop 19 mean for the general housing market in one of the nation’s more expensive states to live in? How a cloud-based tax platform benefits mortgage servicers.

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Housing Wire

MAY 18, 2021

Presented by: Citi. The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” Here’s what to expect in the mortgage application process. “That’s incredibly strong appreciation.

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Housing Wire

AUGUST 31, 2023

and Business MAPS Management LLC as defendants, Davis alleges that the defendants inflated key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd.

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Appraisal Buzz

MAY 20, 2024

Pressure to Appraise at Buying Cost When buyers enter bidding wars, the market value might not align with the property’s cost. Pay attention to patterns — average increases over the years present reliable measures of a home’s worth on the closing date. Ignore disagreements about the home’s value while doing your appraisal.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. If your CMA is put together in haste with irrelevant information, it will not be a helpful tool for anyone and may reflect poorly on you as the agent presenting it.

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Housing Wire

MAY 2, 2024

The company’s origination segment also returned to profitability, O’Neill said, despite challenges presented by persistently high mortgage rates and a contraction in reverse mortgage volume. We also continue to dynamically manage our owned MSR portfolio to capitalize on differing views of market values amongst top market participants.

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Housing Wire

AUGUST 7, 2023

Chief sponsor Mia Bonta, a California assemblymember serving the 18th district that includes Alameda, announced the passage of the bill on social media, and presented information about the proposed measure to the Alameda city council in June. Newsom signed the bill into law on July 27.

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Housing Wire

OCTOBER 21, 2022

Williams IV, founder and CEO of Percy.ai, about what housing professionals can do to improve their deal flow despite the turbulence of the current housing market, and how investing in valuable data insights could be the key to success. Presented by: Percy.

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Housing Wire

NOVEMBER 29, 2023

A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records. We know homeownership is a significant contributor to generational wealth.

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Housing Wire

JANUARY 3, 2023

When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other. When value is not achievable in the opinion of the appraiser — both Tidewater and Reconsideration of Value allow more protective flexibility for the borrower than any other loan type.

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Housing Wire

MAY 20, 2021

We have all read the stories of minority homeowners hiding their family photos and eliminating cultural clues from the home in hopes of ensuring a fair appraisal value. However, the home valuation process has begun to evolve, presenting new opportunities to remove bias from the picture.

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Housing Wire

FEBRUARY 19, 2021

Presented by: Motto Mortgage. Their model allows investors to get lists of all houses discounted below market value due to condition factors. ” Cape Analytics and Weiss Analytics said they spent about a year integrating the image data into the the home valuation models.

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Housing Wire

MARCH 3, 2022

HousingWire recently spoke with Jon Gerretsen, SitusAMC Managing Director of Residential New Originations and Fulfillment Services, about the home buying boom and how lenders can gain market share and drive profitability in a white-hot purchase mortgage market. Presented by: SitusAMC. On Wednesday, its market value was $191.5

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Finance Investors Mortgage Home Improvement 381

Appraisal Buzz

JUNE 10, 2024

I’ve seen buyers get a home under asking price when it has been on the market for a few weeks. That’s especially true when their agent presents market data that supports a lower market value, like comps of similar homes nearby that have sold for less, or fewer than usual online views or tours.

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Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. Sponsored content presented by Citibank, N.A. NMLS #412915. Member FDIC and Equal Housing Lender.

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Housing Wire

APRIL 5, 2024

“It can sometimes be hard to be a buyer in this market because inventory levels are so low and there are multiple offers,” Shalini Sadda , a San Francisco-based City Real Estate broker associate, said. “If If you are a buyer and you are not well positioned to present a competitive offer, it can be exhausting.

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Housing Wire

DECEMBER 12, 2024

The after-repair value is the estimated full market value of a property in fully repaired condition. In some cases, this capped credit bid is lower than the market-driven reserve price. The reserve, known as reservation price in auction theory, is simply the minimum amount a seller is willing to take to sell.

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Housing Wire

MAY 25, 2021

HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray, and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. Presented by: PCV Murcor. Further compounding the diminishing pool of appraisers is the increasing demand for their services.

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Appraisal Buzz

JANUARY 13, 2025

Conversely, if the correlation is weak or negative, it might indicate that other factors, such as location or neighborhood amenities, are playing a more significant role in determining value. Reviewers can see this analysis and verify that the appraisers conclusions align with the data.

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Housing Wire

AUGUST 3, 2023

Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” During the listing presentation, an agent can differentiate themselves from their competition by offering to include a listing chatbot.

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Appraiserblogs

NOVEMBER 20, 2023

To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent actual reality and truth – which can positively or adversely impact property market value, replaced with only generic, non-offensive words, I present this cartoon.

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Miller Samuel

MARCH 19, 2019

The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. You probably think of the market value of your co-op or condo as the price you could sell it for on the open market.

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Real Estate Law Development Investors 370

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. trillion in 2022, perhaps the bigger shift is the transition from a refi to a purchase market. However, while total origination volume is forecast to drop from $3.9

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Cleveland Appraisal Blog

OCTOBER 27, 2022

Appraisers think about previous sales and the state of the market in your neighborhood. The appraiser will provide your home’s estimated market value in writing afterward. Here are our best tips on how to prepare for a home appraisal.

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Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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