Lenders and investors are increasing their use of automated valuation models as the market tightens its attitude to risk, says Hometrack. David Catt, chief operating officer of Hometrack, says: “As ...
Home prices are on the rise across the United States. Veros’ VeroFORECAST reported residential market values will continue their overall upward trends during the next 12 months, with overall annual ...
Hometrack says lenders are looking for an objective revaluation of portfolios to protect themselves in the current market. Oliver Hughes, director of capital markets at Hometrack, says: “As the ...
In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate ...
AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different AVMs might provide different estimates for the exact same home, depending ...