Valuations

This southern MSA's property values keep rising

Which city has seen an uptick in appreciation?
This southern city is predicted to see a 7.6% rate of real estate appreciation over the next year and is ranked 39th out of 354 MSAs analyzed in Veros' latest VeroFORECAST. Where is it? Read more to find out.
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FHFA: Home prices rise at slowest pace in last four years

Home prices up 6.5% from Q2 2017
Home prices slightly increased in the second quarter of 2018, rising only 1.1% but still up 6.5% from the second quarter last year. Furthermore, home prices increased in June, rising 0.2% from May, according to the latest monthly House Price Index from the Federal Housing Finance Agency.
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Pro Teck Valuation Services acquires Direct Valuation Services

Pro Teck to leverage synergies with DVS to expand offerings and client base
The trend of consolidation among appraisal management companies is about to continue, as Pro Teck Valuation Services announced this week that it bought cloud-based valuation fulfillment platform and appraisal management company Direct Valuation Solutions.
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The No. 1 U.S. market just got more affordable

Builders focusing on more affordable housing
Affordability continues to drop as home prices and interest rates rise and homebuyer demand grows. But in one market, the price for new homes just dropped, making it just a little more affordable for first-time homebuyers. Here’s why.
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Bottom's up: Here are 10 markets projected to see depreciation

See which markets are projected to depreciate or stay the same
Veros' Eric Fox breaks down the U.S. markets with lowest projected appreciation. Of the previous quarterly report's 10 MSAs predicted to depreciate or remain unchanged over the next year, seven moved up and out of the bottom list this quarter. Read more to find out which markets made the list.
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Trump administration calls for sweeping changes to financial ecosystem

“Regulatory sandboxes,” eMortgages, online notarization, automated appraisals, more
The Trump administration on Tuesday called for a series of changes to the country’s financial and mortgage ecosystems that, if enacted, would supercharge the financial industry’s technological revolution, upend the current regulatory environment, and potentially change the face of mortgage lending.
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Relax, underwriters, it’s just rural

How to maximize appraisal underwriting approvals in rural markets
Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. A spotlight has been cast on the rural space with questions probing why rural properties often face excessive underwriting conditions for appraisal issues and how rural lending can be increased to differentiate an organization.
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FHFA: Home prices see slight increase in May

Increases in West South Central and Mountain division
Home prices increased slightly in May, rising only 0.2% from April, according to the latest House Price Index from the Federal Housing Finance Agency, demonstrating a continual slow down in home price gains.
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Is real estate appreciation shifting west?

Forecasts of higher real estate appreciation continue to tilt west
Just as America's population growth moved west from the Atlantic, real estate appreciation is trending in that direction, too. According to projections from Veros released last month, a graph of the nation's highest-appreciating Metropolitan Statistical Areas through May 2019 might look like a wave cresting towards the West Coast.
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