The Impact of Rising Interest Rates on Property Valuations
Rising interest rates have far-reaching effects on property valuations, impacting both residential and commercial real estate markets. Higher rates increase borrowing costs for potential buyers, which can suppress demand and potentially lower property prices. For existing homeowners, refinancing becomes less […]
Embracing Artificial Intelligence in Property Valuation
Artificial Intelligence (AI) is transforming the property valuation industry, offering tools that increase both the accuracy and efficiency of appraisals. AI-powered systems analyze vast datasets, including historical sale prices, property features, and market trends, to deliver highly precise valuations. This […]
Navigating Regulatory Changes in the Mortgage Industry
The mortgage industry is frequently shaped by evolving regulations, which can significantly influence valuation practices. From changes in appraisal requirements to updates in compliance standards, staying ahead of these shifts is critical for valuation service providers. Regulatory updates often stem […]
The Role of Automated Valuation Models in Modern Appraisals
Automated Valuation Models (AVMs) are revolutionizing the property appraisal process, offering quick and cost-effective solutions for estimating property values. By utilizing algorithms and large datasets, AVMs analyze factors such as location, property features, and market trends to deliver near-instant valuation […]
Trends in REO Asset Management Amid Market Fluctuations
Real Estate Owned (REO) properties present unique challenges and opportunities, particularly during periods of market fluctuation. These properties, often acquired by lenders through foreclosure, require specialized management strategies to minimize losses and maximize recovery values. Effective REO asset management involves […]
Lora Helt Joins Ascribe as SVP of National Sales
Lora Helt has joined Ascribe, a national provider of residential and commercial valuation, evaluation, property inspection, and REO services to mortgage lenders and servicers, as senior vice president of national sales. Helt is an industry veteran with years of experience […]