Clear Capital is adding image-derived property condition and quality information directly to its ClearAVM automated valuation model, an effort to address one of the longstanding limitations of property valuation models that rely primarily on structured data. According...
Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...
The property data provider ATTOM announced rollout of an updated automated valuation model (AVM) that is being promoted as a “a ground-up, AI-first rebuild designed to move beyond the limitations of traditional comparable-sales-based valuation models.” According to...
Six federal regulatory agencies have jointly requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In a statement, the agencies said the proposed rule would “implement quality control...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
