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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

Geniusprice, an automated and instant home value estimate driven by AI, advanced machine learning and homegeniusIQ. Consumers can see room condition scores at a glance and get the estimated value of each property they’re interested in, instantly. To learn more, click here.

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Opinion: How did homeowners get into home equity prison?

Housing Wire

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

Law 425
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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Less demand for homes will cause home values to drop in many neighborhoods.

Legal 344
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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. While there are different laws for different states, Fannie Mae has a general list of requirements on their site. Typically it is one of the last steps in the home-buying process.

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How to Appeal Your Property Taxes in King County

Will Springer Realtor

A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects. The highest property value increase in King County this year occurred in Sammamish, where the median home value jumped 51%.

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The Hot New Homebuyers’ Accessory? ADUs

Empire Appraisal Group

NEW YORK – The latest homeowners’ accessory is an accessory dwelling unit (ADU) – a free-standing miniature home as small as a studio apartment and tucked away in a backyard, once sometimes called in-law suites or granny flats. homes with ADUs, though the actual number could be higher because some homeowners build them without permits.

Law 78
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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

A significant indirect influence comes with the infrastructure bill signed into law in November 2021. In the past few years, home prices have risen to the point where we are in another housing crisis. Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. The Current Housing Crisis.