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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. This article delves deep into how blockchain is set to revolutionize appraisals, offering a fresh perspective to technology professionals keen on staying ahead of the curve.

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HUD invests $837M in energy, climate renovations for multifamily housing

Housing Wire

Department of Housing and Urban Development (HUD) on Thursday announced that it will be investing more than $837 million in funds from the 2022 Inflation Reduction Act and its own commitment authority to address energy costs and housing quality in underserved communities. An additional $42.5

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10 ways to use virtual reality technology in your real estate business

Housing Wire

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before.

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PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

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loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks 

Housing Wire

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). AI will help areas like the call center, product development and underwriting so lenders can make “better decisions quicker,” he said.

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Opportunities to improve the home-building process

Housing Wire

Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. We can get to a 10 — I’m confident we will get to a 10 — but it’s unlikely unless we use technology to get there. There are too many obstacles along the way that don’t need to exist.

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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. A deeper dive into the data helps to explain this surprising result. I buy local. But what about the foreclosed properties that don’t end up in the hands of owner-occupants?