News By Edition

Valuation Review talked with First Choice Appraisal Management CEO James Baumberger about all that has taken place for appraisers following the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989.

Will advanced technology allow appraisers to thrive in a post-FIRREA world?

Read on to find out what we were told.

Master planned communities (MPC) is a categorization of properties not often common to the appraisal world but it is something, according to one veteran appraiser, that has been highly misunderstood, and in some circles, extremely exaggerated.

Valuation Review spoke with Texas appraiser Richard “Chet” Theiss, who outlined his thoughts on the MPC issue.

We also talked with others in the appraisal profession as to their interpretations.

Black Knight, Inc. has acquired Collateral Analytics a provider of real estate analytic products and tools.

Collateral Analytics supports appraisers, appraisal management companies, lenders, investors and government agencies.

Read on to learn more.

The Federal Housing Finance Agency set a number of new guidelines in place for Fannie Mae and Freddie Mac when it comes to their multifamily business, including changes to the structure on volume caps. Read on to learn more.

Ritchie Bros. sees more used equipment than almost anyone, with more than 500,000 assets sold in 2019 alone.

The company is considered an industry expert when it comes to equipment pricing and valuation.

Read on to learn more.

Property Damage Appraisers, Inc. is looking ahead to maintain its ability to offer reliable appraisals quickly and grow business by moving into its new headquarters in Fort Worth, Texas. Read on to learn more about this company's move and what services will be of interest to appraisers.

The Florida Department of Law Enforcement is investigating allegations against Wakulla County Property Appraiser Brad Harvey and his office, according to a local TV station. Read on to learn more.

Each year, according to the National Tax Lien Association, the average American household spends $2,375 on real-estate property taxes, plus another $441 for residents of the 27 states with vehicle property taxes.

The personal-finance website WalletHub released its findings regarding states paying the most in taxes.

Read on to find out who made the list.

ATTOM Data Solutions released its third special report analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017. Read on to learn more.

The homeownership rate among Hispanics increased for the fifth consecutive year in 2019 as Hispanics continue to be the primary driver of growth in the nation's housing market, according to recently released data from the U.S. Census Bureau and an upcoming report from the National Association of Hispanic Real Estate Professionals. Read on to learn more.

CoreLogic released its latest Home Price Index (HPI) Forecast Validation Report.

It found that the national forecast prediction of a 5.8 percent increase was within 2.3 percent of the 3.5 percent increase for the HPI ending in November 2019.

Read on to learn more numbers.

In 2020, consumer spending, business fixed investment, and housing are all expected to contribute meaningfully to another year of positive growth in what continues to be the longest economic expansion in U.S. history, according to the latest commentary from the Fannie Mae Economic and Strategic Research Group. Read on to learn more from this Fannie report.

End-to-end data management, reporting and analytics platform, dv01 has partnered with HouseCanary.  Read on for more information about this collaboration.

Metro-West Appraisal Co. Chief Appraiser and Compliance Senior Vice President Greg Stephens shares with Valuation Review some of his thoughts as to what appraisers will encounter in the months ahead and where all of these roads might take the industry.

Stephens specifically introduced major market participants involving iBuying and iSelling of residential properties around the country.

Read on to find out more.

CoreLogic has integrated its Seek Now technology to the CoreLogic-Symbility Claims Connect workflow platform, the company announced in a release. Read on to learn more.

Appraisers, despite feeling overwhelmed at times, try to make sure every “T” is crossed and every “I” is dotted.

But when it comes to highest and best use, two experts contend appraisers may be overlooking such a crucial step in the process.

Read on to learn more.

Accurity Valuation Chief Innovation Officer Mark Verrett shared with Valuation Review his thoughts the appraisal process.

Verrett also discussed how mortgage appraisal space can find its way to modernization.

Read on for more insight from this company executive.

HouseCanary co-founder and CEO Jeremy Sicklick expands on technological platforms.

The executive also discussed ways towards further increasing business growth and recognizable/successful trends in the market and real estate industry.

Read on to learn more.

Mortgage and financial technology provider SharperLending released its Verisite mobile property inspection tool that lenders can use to gather property data for collateral valuation on loans and sub-loan products that do not require full appraisals. Read on to learn more.

The Federal Housing Administration (FHA) will conduct a free appraisal training session in Kansas City on April 25. This training is targeted primarily to appraisers; however, other industry professionals may also benefit from attending, the FHA announced.

According to a Zillow analysis, homes with shiplap, barn doors and farmhouse sinks sell for more.

They also, Zillow says, sell faster than expected.

Read on to learn what else can sell quickly from this report.

According to the latest Ellie Mae Millennial Tracker, the average interest rate on all 30-year loans closed by millennials in January dropped to 3.94 percent, down slightly from 3.95 percent in December. Read on to learn more from this report.

Veros Real Estate Solutions revealed a new enhancement to its Disaster Data Solution. Read on to learn more about this product and what it will provide to the appraisal profession.

Valuation Review shares relevancy thoughts from First Choice Appraisal Management CEO and Certified Residential Appraiser James Baumberger, who emphasized his belief that appraisers must stay relevant within the industry.

He also spoke to what effect regulations and changes will have on such relevance and the profession itself. 

Read on to find out more of what Baumberger had to say.

The American Society of Appraisers Machinery & Technical Specialties Committee announced the publication of its new edition of “Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets.” Read on to learn more.

Residential real estate appraisers need education, knowledge and experience to perform their valuation assignments competently, according to a book published by the Appraisal Institute (AI). Read on to find out more from the AI book and how appraisers can obtain a copy to enhance their businesses.