Valuations

Is California's housing boom finally coming to an end?

CAR: Affordability and inventory tightens
Not too long ago, California’s housing market reached a nearly four-year high, but that momentum came to a halt in July when sales fell from the previous year for first time in 18 months. Now, according to the August report from the California Association of Realtors, the market is likely to stay down.
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Appraisal volume falls two weeks straight

4-week average sinks lower
The latest National Appraisal Volume Index report from a la mode mirrored a lot of the same results from last week as the start of school takes focus away from house hunting. Looking at this week’s mortgage application report, will this trend change anytime soon?
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Are you housing's elite? Here's how to prove it to the rest of America

These 9 gifs prove time is running out to be crowned HW Vanguard
Wow, we can’t believe it’s nearly been a year since HousingWire crowned its first HW Vanguard Award winners, the award reserved for the true “leaders of the year” in the housing industry, whether they operate real estate, lending, servicing, investing or any other corner of the housing industry. And now, it’s time to crown the HW Vanguard Award winners for 2016. But the nomination period is ending soon. Like today. Seriously, time is running out.
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CoreLogic: Home prices still up, but leveling off

Increase 6% annually in July
Home prices increased in July, and will continue to increase into next month and even next year, according to a new report from CoreLogic. That being said, there is still some evidence of a slow-down going forward. Here's a look at home prices now, and projections for the future.
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Monday Morning Cup of Coffee: Judge tosses Ocwen, Altisource kickback lawsuit

Calls alleged actions "extremely troubling," but says case doesn’t hold up
It’d be pretty safe to say that Ocwen Financial struggled the past few years. But, the company got a little bit of good news last week, when a judge dismissed a lawsuit accusing Ocwen and Altisource Portfolio Solutions of overcharging homeowners for service. The question now becomes are the company’s next steps forward? Backward? Or right into the eye of another storm? All that and more in your Monday Morning Cup of Coffee.
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Mercury Network acquires Platinum Data Solutions

Move impacts more than 950 lenders
In a move that is one of the first of its kind for the industry, Mercury Network, an appraisal management system, announced it acquired Platinum Data Solutions, a QC technology company. In light of the changes, HousingWire talked with Will Clemens, CEO of Mercury Network, and Phil Huff, CEO of Platinum Data, to see how the change fits perfectly into both of the companies.
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Appraisal volume increases three weeks in a row

Housing market continues to plod along
For the first time in awhile, appraisal volume managed to increase for three consecutive weeks. While the four-week moving average did slightly decrease, it is not too far below the prior week, which was the highest non-holiday influenced four-week period since early spring.
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