Study finds that homes located within historically redlined neighborhoods tend to have lower property values because they have less living space and smaller lot sizes
Proposed standards would include random sample testing and reviews to protect against data manipulation and ensure a 'high level of confidence' in the estimates produced by AVMs
Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support new value acceptance + property data valuation process
The three Procision AVM solutions, offered at different price points, are tailored to fit specific needs and budgets of such clients as lenders, servicers and capital market decision makers
Opinion
Many have pointed to the failure of Zillow Offers as proof that the Zestimate is inaccurate, but the company’s struggles actually reinforce the critical role that quality automated valuation technology plays in the iBuying process
Here’s the proven four-step plan Carl Medford’s team uses at listing appointments to help bring sellers back to reality and win the listing
Zillow estimates the machine-learning-powered update will reduce the median error rate to 6.9% and increase homeowners' Zestimate live offers by 30%
The deal includes title and closing technology platform that integrates with loan origination systems used by most lenders
The automated valuation model is aimed at working for all business use cases without sacrificing hit rate
StreetEasy Valuation is available to New York City homeowners by request only, however, unlike the public-facing Zestimate
Douglas Elliman President Scott Durkin pushed back and slammed HouseCanary for 'wanting a piece of our commission'
The community social network is launching Your Home, a new section that provides consumers with insights about their property and connections to local real estate agents
Let go of your old-fashioned methods
Finding the right home for your future buyer
Red Bell brings AVM expertise and more to Radian subsidiary