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A Phil Hall Op-Ed: Washington Needs an Infusion of Ayn Rand
As Ayn Rand remarked, “You can avoid reality, but you cannot avoid the consequences of avoiding reality.” Continue Reading A Phil Hall Op-Ed: Washington Needs an Infusion of Ayn Rand
Feds Seek Input on Updating AVM Quality Control Standards
“The proposed standards are designed to ensure a high level of confidence in the estimates produced by AVMs,” said the agencies. Continue Reading Feds Seek Input on Updating AVM Quality Control Standards
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Shrinking availability of ‘small-dollar’ mortgages hurts low-income home buyers
Source: bizTimes --- In Philadelphia, about a third of owner-occupied homes were valued at less than $125,000 in 2021. But that year, only about 2% of mortgages made in the city were the type generally used to purchase properties in this segment of the market,...
Are AVMs (automated valuation models) replacing the CMA?
Source: South Florida Agent Magazine --- With the advancement of tech-based real estate services such as Zillow, Realtor.com, Redfin and others, customers can easily research and estimate the value of their homes without involving a Realtor. The big question is, how...
Home inspections in a hot market
Source: Daily Herald --- Q: In a past article, you wrote: "It is the height of professional irresponsibility for any real estate agent to advise a client against having a home inspection." In most cases, I would agree with your advice. But in a hot market, purchase...
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