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FinLocker raises $17M in Series B funding round

Housing Wire

Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. In addition to product development, FinLocker (a former HousingWire Tech 100 winner) plans to expand its strategic partnerships and collaborations within the mortgage ecosystem.

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Building With a National Builder

Eppraisal

Housing starts increased right along with home values in 2021. This is partly due to the shortage of available housing inventory this year. Many national builder developments across the country are selling homes faster than they have in some time. percent above the October 2020 rate.

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Using an Exclusive Buyer Broker is in Your Best Interest

Eppraisal

According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first.

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Appraiser Liability Risks

Appraisal Today

He designed the estate, completed in 2000, from the ground up. Fannie has been upfront about its interest in developing appraisal “alternatives.” A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. Inaccurate or biased algorithms can lead to serious harm.

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How Biden’s Neighborhood Homes proposal impacts real estate investors

Housing Wire

McCormick’s real estate investing strategy and its outcomes in underserved Dayton neighborhoods represent a microcosm of what a new tax credit proposal from the Biden administration is designed to encourage across the country in similar neighborhoods. Markets with Most Qualifying Inventory. Achieving Better Neighborhood Outcomes.

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover.

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Real Estate Market Trends for 2023 – Real Estate Real Fast EP11

Listing Spark

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives. Episode Links.