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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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Seattleā€™s already-hot real estate market is exploding

Housing Wire

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. It’s just a crazy competitive market.” They’re even waiving appraisals.

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Once Upon a Timeā€¦ A Housing Fairy Tale

Appraisal Buzz

The ā€œofficial unofficialā€ government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. As an appraiser, I had to look at what I had spent a lifetime doing: ā€œFind market value.ā€ To find market value, I first had to carefully study that pesky definition.

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StreetEasy launches New York City home valuation tool

Housing Wire

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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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CW : At Reverse Mortgage Funding , education has always been a number-one priority.

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How the Commercial Real Estate Market Is Adapting to Post-Pandemic Needs

McKissock

Right now companies like Microsoft and Google are leading the way with flexible spaces designed to accommodate fewer in-person employees while still including virtual employees in roundtable meetings. Free eBook : Learn how to weather any market with this free ebookā€” Market Madness: How to Overcome Challenges in Any Real Estate Market.

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The cure for appraisal gap anxiety

Housing Wire

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Fannie Mae recently announced the Value Acceptance + Property Data solution. Well, a cure for appraisal gap anxiety has appeared on the scene.

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