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A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

Keeping up with rapidly increasing values is challenging for most appraisers. Lenders want to finance a home for an amount they can recoup should the borrower default. However, markets fluctuate widely, particularly in high-demand markets with excellent schools or near desirable neighborhoods.

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Will AI solve the problem of appraisal bias?

Housing Wire

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

Appraisal 477
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What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

The Robert Weiler Company

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). Question 1: Why do I need to understand business valuation?

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Automated valuations evolve with the launch of Interactive ClearAVM

Clear Capital

Today, we’re thrilled to announce the launch of Interactive ClearAVM (automated valuation model). ClearAVM is an AI-based, investment-grade AVM that produces reliable, highly-accurate market value predictions and uses machine learning to deliver property valuations on more than 139 million addresses across the United States.

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Weiss Analytics launches AVM powered by geospatial AI

Housing Wire

It could also have big implications for appraisers, who are already nervous about the continued rise of automated valuation models. Cape Analytics’ AI system instantly extracts property condition from images, which is then run through Weiss’ valuation model, Raj Dosaj, Cape Analytics’ head of real estate, explained.

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Zillow Zinged

Cleveland Appraisal Blog

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. However, I believe that they’ve put too much value in their “valuesValuation is not their expertise.

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Smaller nonbanks facing “come to Jesus moment” as MSR values dip 

Housing Wire

Driving home the concern over MSR pricing declines is a recent advisory bulletin issued by the Federal Housing Finance Agency (FHFA), which overseas Fannie Mae and Freddie Mac. These differences can cause volatile MSR values. He added that it was a smart move for FHFA to require lenders holding MSRs to get third-party valuations.

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