Lunch & Learn: The State of Housing

As housing supply dwindles, affordability concerns grow while competition heats up the market. This Lunch & Learn will examine the current state of housing, featuring experts who have an eye on the market.

HousingWire Annual Virtual Summit

Join us on October 25 for a chance to see a handpicked selection of sessions from HousingWire Annual along with technology demos from the most innovative tech companies! Register now for FREE to experience HW Annual just like you were there.

How credit scores impact lenders’ pipelines in a purchase market

When a lender works with a borrower to improve their credit score, they are able to offer the most competitive rate and terms. Learn more here!

Volly’s Grant Moon on challenges facing veterans

In this episode of HousingNews, we are joined by Grant Moon who discusses the difficulties veterans face during the home-buying process and misconceptions about VA loans.

Appraisals & ValuationsReal Estate

It’s time to put Computer Vision tech on your valuation radar

Here’s how CV can disrupt the real estate value chain

HW+ appraiser calculator

Nearly 200 years ago, one of the great scientists of his time, Charles Lyell, published, “The Principles of Geology.” In this influential work, Lyell extended the notion that changes in the geological record were gradual over time, giving credence to the notion of “uniformitarianism.”

Uniformitarianism was cast against the notion of “catastrophism,” which held that huge changes occurred as the result of massive stimulus and were few and far between. Lyellian gradualism was canonical, even in evolutionary biology, before an intervention in the early 1970s by Niles Eldredge and Stephen Jay Gould.

Eldredge and Gould posited that the geological record did not support gradualism in evolution and, instead, suggested what they called “punctuated equilibrium” in which massive changes happened over short periods of time; in between things were static. Gradualism, they argued, was not supported by the geological record.

Analogies are never perfect, but the debate over punctuated equilibrium versus gradualism reminds us of the world of technology and more specifically, of the effects advanced technology will have on the real estate industry. One of these epoch-making technological innovations is Computer Vision. Put simply, Computer Vision will create massive change over a short period in the real estate industry, similar to the punctuated equilibrium example.

Computer Vision is a game-changer in the real estate value chain and the inflection point is upon us. The question has gone from theoretical to practical as the pace of innovation accelerates during this period of intense change.

This content is exclusively for HW+ members.

Start an HW+ Membership now for less than $1 a day.

Your HW+ Membership includes:

  • Unlimited access to HW+ articles and analysis
  • Exclusive access to the HW+ Slack community and virtual events
  • HousingWire Magazine delivered to your home or office
  • Become a member today

    Already a member? log in

    Most Popular Articles

    Fannie Mae: Mortgage rates and home prices will rise in ’22

    Economists at Fannie Mae expect higher mortgage rates and home prices next year due to higher inflation, a tightening of monetary policy, and low home inventory

    Oct 15, 2021 By
    3d rendering of a row of luxury townhouses along a street

    Log In

    Forgot Password?

    Don't have an account? Please