News By Edition

Valuation Review sat down with an expert on advanced residential solar valuation.

We learned about the work being put into this type of appraising so as to gain clarity amongst the “murky waters” of residential solar valuation.

Read on for the full conversation.

Valuation Review looks at a unique topic regarding the types of pollution and their effects on the value of properties.

We spoke with the president of Oxidizers, who is a 30-year pollution control expert, to examine what aspects of pollution appraisers should be aware of when on assignment.

Read on for more on this unique subject appraisers need to keep an eye on.

The Appraisal Institute (AI) reached out to Valuation Review to let us know that the organization elected its 2024 vice president on Aug. 10.

The AI Board of Directors made the official announcement, and Valuation Review contacted the organization’s new executive for an exclusive comment.

Read on for more information.

BBG Managing Director/Cost Segregation Practice Leader Matt Rader reached out to Valuation Review to share thoughts from his article “How Cost Segregation Benefits Property Owners.”

Rader also gives specific commercial real estate challenges for appraisers.

Read on to learn more.

CubiCasa recently announced the addition of 10 multiple listing service (MLS) organizations to its rapidly growing MLS program. This significant expansion reinforces CubiCasa’s commitment to revolutionize the real estate industry by making floor plans an integral part of every listing.

The Federal Housing Finance Agency published its 2023 first quarter data for the Uniform Appraisal Dataset Aggregate Statistics. The data file and dashboards also include new statistics and property characteristics.

Mitchell recently announced that Progressive Insurance has implemented Mitchell Cloud Estimating TruckMax to help better manage appraisals of collision-damaged light-, medium- and heavy-duty trucks. Progressive is the largest U.S. insurer of commercial autos.

Appraiser Jason Jay Langeliers has been included in Marquis “Who’s Who” biographical volumes. An individual’s profile is selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

In collaboration with Freddie Mac, Fannie Mae updated the Appraiser Independence Requirements and introduced Property Data Collector Independence Requirements. These requirements are designed to protect the integrity of the collateral valuation process for mortgage lending, and manage risk for lenders, investors, and borrowers.

The Appraisal Institute (AI) recently named a new chief executive officer.

She joins AI after successfully creating and growing the Urban Land Institute’s online education efforts, expanding its Product Councils’ depth and breadth, and serving as a key member of its leadership team through the pandemic and turbulence in the commercial real estate industry.

Read on for more details.

Black Knight’s latest Originations Market Monitor report looks at mortgage origination data through June.

Rate lock activity fell across the board. 

Read on to learn more.

With 26 percent of home purchases last year made by first-time buyers, the personal-finance website WalletHub recently released its report on “2023's Best & Worst Cities for First-Time Home Buyers.”

In July, the U.S. Department of Housing and Urban Development (HUD) released a notice of funding opportunity to study office-to-residential conversions. Later, HUD’s Office of Policy Development and Research hosted a virtual event about the challenges of executing these conversions and how policies can help overcome those challenges.

Lightbox, a company offering data and technology solutions, looks at new technology that will shape the commercial side of real estate.

In Michael Griffin’s, (managing director, broker solutions at Lightbox) article, “How ChatGPT will change CRE,” he examines the significant impact of ChatGPT.

Read on to learn more.

Earlier, Valuation Review brought to the attention of its readers the partnership between Clear Capital and ICE Mortgage.

We caught up with Clear Capital Vice President of Product Management Dan McAlister, who gave us more insight regarding this partnership.

Read on for the full conversation with McAlister.

CoreLogic recently released the CoreLogic Home Price Index (HPI) and HPI Forecast for June.

Annual home price growth remained near an 11-year low.

Read on for more from this report.

Valligent recently launched a GSE Data Collection Suite that supports both Fannie Mae’s value acceptance + property data and Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) solutions.

For this month’s helpful hints from veteran appraiser Dustin Harris (“The Appraiser Coach”), Harris shares with Valuation Review his thoughts from his blogs.

“Highest and Best Use” and “One Step at a Time” are the featured selections for appraisers to consider.

Read on to learn more.

ShowingTime+ has introduced Listing Showcase, an AI-powered platform only available on Zillow.

Valuation Review, through Buckingham Advisors, highlights specific tips for mitigating risk associated with artificial intelligence (AI) chatbots, frauds and scams.

Executives from the company also shared thoughts on how trouble can be avoided in this area of technology.

Read on to learn more.

Black Knight, Inc. named a real estate industry veteran as executive vice president of the company’s MLS Solutions group under Black Knight’s Data & Analytics division. 

The release of the newest edition of the Uniform Standards of Professional Appraisal Practice (USPAP) is right around the corner.  The Appraisal Foundation provides a sneak peek as to what to expect.

A July 2023 foreclosure market report supplied by ATTOM revealed foreclosure filings remaining fairly low, with a 9 percent decrease compared with June.

CoreLogic recently released its monthly Loan Performance Insights Report for May 2023 where 2.6 percent of all mortgages in the U.S. were in some stage of delinquency.

This period reflects 30 days or more past due, including those in foreclosure.

Read on for the full analysis.

Valuation Review, as part of its Compliance Series, hosted a second webinar, “Fannie and Freddie Loan Eligibility.”

Panelists from Fannie Mae, Freddie Mac and restb.ai spoke about the GSEs’ appraisal requirements/eligibility surrounding ACE+ PDR (automated collateral evaluation plus property data report).

Read on to find out how you can obtain your copy of the program.