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January 6, 2025

Valuation Review Edition
January 6, 2025
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Desktop appraiser reflects on 25 years in the profession
Posted Date: Monday, December 9, 2024

In another feature from Valuation Review’s “Women in Appraising” series, we profile ServiceLink’s Valuation Analyst Jeanine Cino.

Currently working remotely as a desktop appraiser in Long Island, N.Y., Cino shared many aspects and challenges she has faced over her 25-year career.

Read on for the full story highlighting Cino.


Theory and practical side of the industry ‘sparked’ this appraiser’s career choice
Posted Date: Wednesday, November 20, 2024

Gynell Vestal is this edition’s featured appraiser in Valuation Review’s “Women in Appraising” series.

Vestal, a chief appraiser at Clear Falls Valuations in Frisco, Texas, got her start in Oklahoma, which introduced her to some “amazing” mentors.

Read on to find out more about our featured appraiser.


From classroom work to appraisal assignments, TAF exec knew where she wanted to be
Posted Date: Monday, December 2, 2024

For another installment in Valuation Review’s “Women in Appraising” series, we reached out to The Appraisal Foundation’s Appraisal Issues Vice President Lisa Desmarais to tell her story.

Desmarais, who always envisioned herself as a teacher, realized she loved the research she did to earn her teaching credentials more than the actual teaching.

Read on for more highlights from our featured appraiser in this series.


The industry has been ‘very good to me,’ says veteran appraiser
Posted Date: Wednesday, December 4, 2024

Pam Teel, part of our “Women in Appraising” series, literally worked her way up the appraisal ladder.

Teel, a veteran appraiser with Teel Consulting Services, started in the real estate industry as a front-desk receptionist at a real estate office and climbed her way upward, moving on to bigger and better things.

Read on to learn more about this accomplished appraiser.


NAA president spotlighted for dedication to the appraisal profession
Posted Date: Monday, November 4, 2024

For another installment of its “Women in Appraising” series, Valuation Review features National Association of Appraisers President Malinda Griffin.

With family members guiding her along the way, Griffin talked about her early start in the profession, in addition to some challenges she encountered.

Read on to learn more about this "spotlighted" woman appraiser.


Similar increases for residential, commercial property values shown in Illinois
Posted Date: Wednesday, December 4, 2024

The residential property market values of taxpayers in Burlington Township, Kane County, Illinois, experience a modest growth each year, according to Patrick O’Connor, company president of O’Connor, tax reduction experts.

Similar increases for commercial values were also noted.

Read on to learn more.


Redfin: Agent commissions holding steady after NAR settlement takes effect
Posted Date: Wednesday, November 20, 2024

New reports from Redfin show agent commissions have experienced little change since new rules related to the National Association of Realtors’ settlement in Sitzer-Burnett went into effect on Aug. 17.


JLL’s platform team appoints new executive
Posted Date: Wednesday, December 4, 2024

JLL’s Value and Risk Advisory platform hired an executive managing director.

This individual will head the Core Four platform, overseeing the national property sectors of office, retail, industrial and multi-housing.

Read on to find out the identity of this company's recent hire.


Optimal Blue accelerates innovation with promotions
Posted Date: Wednesday, November 20, 2024

Optimal Blue recently announced two key executive promotions that will position the company to deliver innovation faster across the company’s entire capital markets platform, and to further expand the company’s network of partners.


Industry vet highlights tools to avoid ‘stare and compare’ appraisal review
Posted Date: Wednesday, November 20, 2024

Valuation Review caught up with Restb.ai Valuation General Manager Tony Pistilli for the latest updates pertaining to appraisal technology.

Pistilli offered insight on the efficiency of manual reviews of appraisals, property conditions and renovation estimates.

Read on for the full conversation.


Creating value and the existence of karma in appraising
Posted Date: Tuesday, December 31, 2024

Valuation Review begins 2025 with new and innovative tips from Dustin Harris (“The Appraiser Coach").

Harris will again share his insights and observations to help appraisers everywhere enhance their businesses.

Read on to learn more.


Blue Sage platform fully integrates with Fannie Mae income calculator
Posted Date: Tuesday, December 31, 2024

Blue Sage Solutions, a provider of end-to-end mortgage technology, recently announced that it is the first loan origination system to fully integrate Fannie Mae's Income Calculator. 


HUD outlines accomplishments in rental strengths, housing stability
Posted Date: Tuesday, December 31, 2024

The U.S. Department of Housing and Urban Development has achieved significant milestones in its rental assistance programs, reaffirming its commitment to provide affordable housing for American families.


ATTOM: Home flipping, investor profits stumble in Q3
Posted Date: Tuesday, December 31, 2024

Property data curator ATTOM released its third-quarter 2024 U.S. Home Flipping Report, showing 74,618 single-family homes and condominiums nationwide were flipped in the third quarter.


ICE releases its December report
Posted Date: Monday, December 23, 2024

Intercontinental Exchange Inc. recently released its December 2024 ICE Mortgage Monitor Report.

The report examined what a recent burst in refinance activity revealed about mortgage holders and their motivations in today’s market.

Read on for more details.


CHLA asks Congress to increase funding for Ginnie Mae, FHA
Posted Date: Monday, December 23, 2024

The Community Home Lenders of America sent a letter to Congress urging higher Senate funding levels for salaries and expenses of Ginnie Mae and the Federal Housing Administration for fiscal year 2025.


Housing inventory, mortgage rates experience slow recovery
Posted Date: Monday, December 23, 2024

Despite mortgage rates hitting two-year lows this fall, total home sales fell to their lowest level in 14 years, according to Freddie Mac’s Economic and Housing Research Group.


CoreLogic: Home price insights highlighted
Posted Date: Wednesday, December 18, 2024

Home prices nationwide, including distressed sales, increased year-over-year by 3.4 percent in October compared with October 2023.

This is according to CoreLogic’s U.S. Home Price Insights recently released.

Read on to learn more.


Commercial firm announces additional growth of team
Posted Date: Wednesday, December 18, 2024

JLL’s Value and Risk Advisory platform recently announced it hired two senior directors and another director.

This is a move to further grow the group’s geographic as well as sector-focused strategy.

Read on to learn more.


ASC seeking comments on FFIEC proposed rule
Posted Date: Wednesday, December 18, 2024

The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council has invited comment on a proposed rule to implement a framework to govern the ASC's enforcement authority regarding the effectiveness of appraiser and appraisal management company programs overseen by state appraiser regulatory agencies.


Some major appraisal companies examining digital tool
Posted Date: Wednesday, December 18, 2024

An intelligence report published by AMA Research with the title "Global Property Appraisal Software Market Outlook to 2028” gives  a detailed overview of key factors in the Global Property Appraisal Software Market  such as driver, restraint, past and current trends, regulatory scenarios and technology development.


Increase in pending home sales support optimistic forecast
Posted Date: Wednesday, December 18, 2024

October’s pending home sales increased month-over-month, according to data from the National Association of Realtors. This marked the third consecutive month that pending home sales increased.


Three decades of appraisal work highlights this woman’s career
Posted Date: Monday, December 16, 2024

Valuation Review’s “Women in Appraising” series continues as we introduce our readers to Michele Golden.

With over 31 years in the profession, Golden, chief appraiser with Accurate Group, speaks to influential mentors and experiences that have guided her along the way.

Read on for more of Golden's accomplishments within the appraisal profession.


Real estate finance, appraisal industry veteran set to retire
Posted Date: Monday, December 16, 2024

A mortgage industry titan will retire from his role as senior vice president and chief risk officer of SingleSource Property Solutions effective Dec. 31.

He has also been a key figure in the appraisal industry.

Read on to learn the identity of this individual.


CoreLogic S&P Case-Shiller Index: Year-over-year, September growth falls to 3.9 percent
Posted Date: Monday, December 16, 2024

Home prices continued to cool in September as homebuyers struggled with inflation fatigue, according to the latest CoreLogic S&P Case-Shiller Index.

September’s seasonal home prices fell again, driven by cooling California markets.

Read on for more details.


R3 AMC chooses Profet Edge Review for appraisal bias detection
Posted Date: Monday, December 16, 2024

R3 AMC, a full-service appraisal management company focused on helping lenders efficiently navigate the appraisal process, recently announced a new appraisal compliance assurance service for lenders wherein every appraisal submitted to lenders is pre-screened for bias and compliance requirements from Fannie Mae and Freddie Mac.


ATTUNE, Equity Valuation Partners join forces
Posted Date: Monday, December 16, 2024

ATTUNE, an all-in-one digital origination platform for banks and credit unions, recently announced a partnership with Equity Valuation Partners, a provider of real-time, data-driven valuation tools for financial institutions.


Redfin: Homes with low natural disaster risk rising faster in value
Posted Date: Monday, December 16, 2024

For the first time since 2010, homes facing low risk from natural disasters are rising in value faster than homes facing high risk, according to a new report from Redfin.


Cost segregation for real estate value examined
Posted Date: Wednesday, December 11, 2024

BBG Managing Director and Practice Leader Matt Rader outlines why experienced property owners and investors are turning to cost segregation.

Rader again shared his expertise through his article, “Unleashing Property Potential with Cost Segregation.”

Read on to learn more.


TAF: December highlights revealed
Posted Date: Wednesday, December 11, 2024

The Appraisal Foundation (TAF) President Kelly Davids updated appraisers with highlights from TAF during the month of December.


Court approves NAR settlement
Posted Date: Wednesday, December 11, 2024

As expected, the U.S. District Court for the Western District of Missouri granted final approval of the National Association of Realtors (NAR) settlement agreement related to its cooperative compensation rule.


Mortgage Cadence exec recognized
Posted Date: Wednesday, December 11, 2024

Mortgage Cadence, an Accenture company, recently announced Seth Hooper, its chief product officer, made the 2024 list of “Lending Luminaries” published by the PROGRESS in Lending Association. This is the sixth year the association has published its list of leaders.


Zillow: New technology, ‘old-world’ style for 2025 home trends revealed
Posted Date: Monday, December 9, 2024

Zillow unveiled its data-driven predictions for the trends that will define homes in the new year. In 2025.

It analyzes homeowners and buyers blending the latest technology with nostalgic, old-world charm to create comfortable, sustainable and climate-resilient homes.

Read on for more from Zillow.


Webinar: Panelists discuss latest appraisal regulatory, business trends
Posted Date: Monday, December 9, 2024

Valuation Review presented another webinar in its Compliance Series titled Regulatory and Industry Outlook.

The webinar featured renowned author Jim Amorin and Kevin Hecht of McKissock Learning, who addressed the latest regulatory and business trends in the industry.

Read on for a short review and learn how you can order your copy of the program.


NAREB: Black homeownership obstructed by many factors
Posted Date: Monday, December 9, 2024

Black homebuyers are obstructed by systemic racism and economic factors like high interest rates and investor purchases.

Recently, though, speakers at the National Association of Real Estate Brokers Black Wealth Summit said they were enthusiastic about progress, insisting the journey toward homeownership and generational wealth is worth pursuing.

Read on to learn more.


 STRATMOR Group shares pointers for lenders to thrive in 2025
Posted Date: Monday, December 9, 2024

While their optimism is growing, lenders must elevate customer experiences and focus on technology ROI to capitalize on a rejuvenated housing market in 2025, according to the latest Insights Report from STRATMOR Group.


President-elect Trump taps HUD, Treasury nominees
Posted Date: Monday, December 9, 2024

President-elect Donald Trump announced several intended nominations this past week, including new leaders for the U.S. Department of Housing and Urban Development, and the Treasury.


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