Is a CMA an appraisal? Contrary to popular belief — it is
Opinion
The current widespread misuse of the word 'appraisal' may not uproot long-established mores, but everyone should raise their antenna a bit if they're attempting to suggest a CMA is not an appraisal
by Robert Sawyer Jul 9
Attom acquires GeoData Plus in bid to beef up its property comparisons
The data provider says the acquisition will result in easier property comparisons through new real estate reports and visual tools
by Daniel Houston Jul 6
How to take advantage of the backup offer on both sides of the transaction
Agents told Inman that they typically only see a small proportion of backup offers become primary offers, but the tactic can still prove beneficial for both seller and backup buyer
Woman files complaint alleging discrimination in home appraisals
The valuations of an Indianapolis property owned by Carlette Duffy, a Black woman, more than doubled when she removed anything from her home identifying her race
by Lillian Dickerson May 20
Zestimates can't keep up with wild housing market, agents say
Agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs
by Marian McPherson Apr 27
CFPB walks back on COVID appraisal flexibilities
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals
by Kelsey Ramírez Apr 2
Chase settles with Black homeowner over alleged discriminatory appraisal
Lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals
by Andrea V. Brambila Mar 10
7 realities your buyers and sellers should prepare for in 2021
The real estate market boomed last year, as people sought more space, amenities and new jobs that required relocation. But what will 2021 look like? Here's what will likely change — or stay the same — this year
by Cara Ameer Jan 19
The home value gap between races is narrowing — slowly: Zillow
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4% since the Great Recession
Novelist Tom Clancy's luxury penthouse heads to auction
The Ritz-Carlton Residences penthouse will be auctioned off with no reserve price
A neighborhood's racial makeup impacts home values more now than it did in 1980
The race home appraisal gap has doubled since 1980, according to a new study published in the sociological journal Social Problems
by Lillian Dickerson Sep 22