Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Real Estate

2017 HW Vanguard: Alex Elezaj

CEO of Class Appraisal

New to the industry in 2015, Alex Elezaj has made a tremendous impact at Class Appraisal and the industry in a short period of time. Under his tenure as CEO, Class Appraisal has more than tripled its annual revenue and built strategic business partnerships with more than a thousand of the nation’s top performing appraisers. elezaj

Now the company is doing business with more than 300 lenders, including several of the Top 25 financial institutions in the country. 

Since Elezaj took the reins, Class Appraisal has introduced several new technologies, such as Lead Time Calculator, a web-based interface that allows users to check on the lead time for an appraisal in a certain area. The information is based on collected historical data and provides a snapshot of what is happening in a particular area. 

Over the past three years, Class Appraisal has experienced annual growth rate increases of more than 70%, and is expecting to continue their momentum over the course of the next several years.

In the last year, Class Appraisal revenue is up more than 40%, and the company is set on being the No. 1 appraisal management company in the country. Elezaj’s leadership is all about his focus on people, culture, and building the ultimate client experience. 

“Treating people well, always doing the right thing, and being in the weeds of your business are an absolute requirement to leading a company,” Elezaj said. “Many leaders lose sight as to how important it is to know all of the little things that are going on in their respective business.”

What has been your secret to success?

“Treat people well, always do the right thing, and be in the weeds of your business.”

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3d rendering of a row of luxury townhouses along a street

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