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Redfin: Some home prices falling in pandemic boomtownsWednesday, May 24, 2023 One-quarter of homes for sale in Austin, Texas, (25.8 percent) have lower estimated monthly housing payments than they would have if they had been for sale a year ago, according to a new report from Redfin.
 An update on MLS data technology from company CEOMonday, May 22, 2023 Valuation Review spoke with REdistribute acting CEO Amy Gorce about the company’s launching of a real estate data base enhancing the MLS process. MLS photos are vital to the appraisal transaction, and Gorce goes through several steps in the process. Read on for the full conversation with the company executive.
AI PAREA program receives AQB approvalMonday, May 22, 2023 On May 18, the Appraisal Institute (AI) announced the Appraiser Qualifications Board has provided approval of AI’s Practical Applications of Real Estate Appraisal (PAREA) program for the licensed residential path. The Appraisal Foundation’s Board of Trustees awarded the Pathway to Success Grant to the Appraisal Institute to assist with the development of the PAREA program.
Freddie Mac’s Loan Collateral Advisor to alert appraisers to ill-advised languageMonday, May 22, 2023 Effective June 29, Freddie Mac’s Loan Collateral Advisor will include new feedback messages to alert users when certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports submitted through the Uniform Collateral Data Portal. This insight is intended to help users identify potential issues and to assist in compliance with Freddie Mac Single-Family Seller/Servicer Guide requirements.
Veros names new team memberMonday, May 22, 2023 In support of Veros Real Estate Solutions’ goal to strengthen brand awareness and further penetrate the financial services and real estate markets by offering enterprise risk management and property valuation services, the company has announced a key hire.
HUD allocates affordable housing fundsMonday, May 22, 2023 Recently, the U.S. Department of Housing and Urban Development allocated $382 million through the nation’s Housing Trust Fund (HTF). The HTF is an affordable housing production program that complements existing federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including families experiencing homelessness.
 ‘No need to panic,’ appraisal panel says, but adaptation is necessaryWednesday, May 17, 2023 Snippet: At the 2023 National Association of Appraisers/Appraiser’s Conference & Trade Show in Sacramento, Calif., Valuation Review sat in on the session titled “Don’t Panic: Adapting to a Changing Appraisal World-Fresh Ideas.” A veteran panel shared perspectives on valuation challenges from the appraiser, lender and AMC points of view. Read on for the full conference story.
 Economist dives into loan performances, ‘housing bubbles’Wednesday, May 17, 2023 Valuation Review concludes its conversation with Kevin Hecht of McKissock, LLC/Colibri Group from the 2023 National Association of Appraisers/Appraiser’s Conference & Trade Show in Sacramento, Calif. Hecht, an appraisal training/development manager, educator and real estate economist, answered the question of whether or not the economy was facing a “housing bubble?” Read on for the conclusion of this conference feature story.
 CoreLogic: Delinquencies remain unchanged, LPI report saysWednesday, May 17, 2023 In February 2023, 3 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.4 percentage point decrease in the overall delinquency rate compared with February 2022, according to CoreLogic’s Loan Performance Insights report released in April. Read on to learn more from this report.
CubiCasa announces floor plan collaborationWednesday, May 17, 2023 CubiCasa recently announced a collaboration with Bright MLS to offer CubiCasa’s floor plan creation app to Bright subscribers. The collaboration will expand the use of floor plans on listings within the Bright MLS ecosystem.

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