News By Edition

Valuation Review sat down with Jim Amorin, former president and CEO of the Appraisal Institute.

Amorin shared insight from his new book “The Generative Shift-Preparing Appraisers for Artificial Intelligence Models Like ChatGPT.”

Read Part I of this feature story.

Valuation Review sat down with Bryan Lockard, executive managing director and head of healthcare and alternative real estate at JLL Value and Risk Advisory.

Lockard outlined specifics from the JLL 2024 report as to the growing trends in the seniors housing market.

Read on for more from our interview with Lockard.

CoreLogic Chief Valuation Officer Shawn Telford recently attended the FHFA 2024 Valuation Modernization Summit in Washington, D.C.

Valuation Review caught up with Telford who shared with us his takeaways from the summit.

Read Part I of this feature story.

Opteon, a global appraisal management company and staff appraisal firm, announced its CEO was chosen as the 2024 Valuation Visionary honoree by the Collateral Risk Network.

Fannie Mae recently announced the appointment of a new chief operating officer (COO). The new COO begins his duties May 20.

The Appraisal Institute (AI) recently released the highlights of its first quarter board meetings. AI Chief Executive Cindy Chance updated the board on organizational changes and progress since the last special meeting in mid-December.

Valuation Review caught up with Aloft Appraisal Chief Appraiser, Head of Valuations Hansel Dobbs, who recently attended the 2024 Federal Housing Finance Agency Appraisal Modernization Summit.

Dobbs shared his takeaways from the event.

Read on to find out more.

Valuation Review spoke with Valcre executives about the latest concerning commercial valuations.

They outlined specifics regarding higher interest rates yielding lower property values.

Read Part I of this commercial story.

U.S. Department of Housing and Urban Development Secretary Marcia Fudge gave her two weeks’ notice earlier this week. After working in the public sector for almost 50 years, she will be retiring from public life.

In Veros’ study “Does historical redlining influence today’s AVM estimates?", the company examined the potential repercussions of historical redlining on the automated valuation model predictions.

This was generated by VeroVALUESM for single-family properties within historically redlined and adjacent non-redlined neighborhoods in Los Angeles County.

Read on for more information.

New inventory in the market is welcome news for buyers looking for their next home this spring.

It’s also more evidence that the effects of “rate lock” on homeowners are starting to weaken, according to the latest monthly report from Zillow.

Read on to learn more.

As part of efforts revealed in connection with his State of the Union address, President Joe Biden announced his plan to lower housing costs, including lowering closing costs for refinances and mortgages. Regulators have already reacted to the plan. The Consumer Financial Protection Bureau is asking consumers for information about closing costs, including appraisal fees, which the bureau has labeled “junk fees.”

CoreLogic Chief Valuation Officer Shawn Telford concludes his conversation with Valuation Review, sharing more insight from the FHFA 2024 Valuation Modernization Summit in Washington, D.C.

Assessing mortgage volume was just one of many areas he shared in Part II of this feature.

Read the conclusion of this feature story.

Timing is everything when it comes to the federal funds rate. Economists are increasingly confident that the first rate cut since 2020 could happen as flowers are blooming in the late spring and early summer. This aligns with what Mortgage Bankers Association Chief Economist Michael Fratantoni suggested during October Research’s 2024 Economic Forecast webinar in January.

New listings rose 13 percent from a year earlier nationwide during the four weeks ending March 3, the biggest increase in nearly three years, according to a recent report from Redfin.