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LoanDepot says it’s going public (for real this time)

Housing Wire

In September, Bloomberg reported that loanDepot, which operates in retail, wholesale and correspondent channels, was eyeing an IPO that would see it valued at between $12 billion and $15 billion. At the time, loanDepot had sought a market value of $2.4 billion to $2.6

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Auction.com: Demand for distressed housing returning

Housing Wire

Steve Price, senior vice president of trustee operations at Auction.com, said this is likely because of the shift to vacant or abandoned properties that often come with more deferred maintenance – but the average price relative to estimated full market value increased to a 6.5-year year high in September.

Buyers 531
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Clear Capital and BeSmartee Partner to Bring Home Value Verification Solution to Mortgage Lenders

Clear Capital

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

Lenders and investors also rely on commercial appraisals to assess the value of a property before providing financing or making investment decisions. The appraisal serves as a critical factor in determining the loan amount or investment potential, ensuring that the transaction aligns with fair market value.

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Impact of COVID-19 On Appraisals

Simonson Real Estate

COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Retail is a tale of the haves and have-nots. Multi-tenant retail centers – 6.0%

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

McKinsey reports that the real estate industry will see a productivity gain of $110 billion to $180 billion, primarily in marketing and sales. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. It first explained how it was better than human agents.