Valuations

This Florida metro is predicted to see a rising tide of appreciation

Which Gulf Coast metro is predicted to see measured appreciation this year?
This market has a modest supply of homes at 4.5 months and is expected to experience good appreciation over the course of the next year thanks to its healthy 10% population growth it has experienced over the last decade. Where is it? Click to find out.
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Monday Morning Cup of Coffee: Start of year sees strongest home price growth since 2005

Happy Cinco de Mayo! Hispanic homeownership is booming
Home prices increased at the start of 2018 at its fastest rate since 2005. One metro, in fact, had an annual home price growth higher than the median home price in most U.S. metros. Also, did you celebrate Cinco de Mayo this weekend? Here’s a quick history lesson and the current state of Hispanics in housing and the U.S. economy.
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Seriously underwater properties see smallest ever annual decrease

Home equity growth slows in Q1
The first quarter of 2018 saw the smallest annual decrease in seriously underwater properties since ATTOM Data Solutions began tracking in the first quarter of 2013. ATTOM explained the U.S. reached a tipping point in this housing boom where enough homeowners have regained both sufficient equity and sufficient confidence to tap into their home equity.
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FHFA: Home prices still on the rise

But growth could see moderation in 2018
Home prices are still on the rise, increasing once again in February. But one expert said a rise in debt-to-income ratios looks to have supported house price gains over the past few months but, with mortgage interest rates now on the rise, he still expects a slight moderation in growth this year.
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Rolling the dice on Atlantic City

To quote Springsteen, "maybe everything that dies someday comes back."
The Atlantic City-Hammonton, New Jersey Metropolitan Statistical Area boasts a legendary boardwalk and coastline but is now as well known for its bankrupt casinos. And, rather than a growing population with an expanding economy, the region remains on a downward trend, with a projected -2.9% depreciation.
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Case-Shiller reports increase in home price growth

Experts say rising home prices won’t stop anytime soon
Home prices increased across the U.S. in February, picking up the pace in annual price gains. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007. And with expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.
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Class Appraisal names Scot Rose chief innovation officer

Former president of Valuation Connect joins AMC
Fresh off being acquired by Narrow Gauge Capital, appraisal management company Class Appraisal announced Monday that it named Scot Rose as the company’s new chief innovation officer. At Class, Rose will be focused on the advancement of appraisal, valuation product and platform innovation as well as leading the firm’s strategic vision in those areas.
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