Around The Web

By Jann Swanson Posted To: MND NewsWire It may be that California, where home prices have exploded over the last few years, has jumped the shark when it comes to affordability. CoreLogic’s Andrew LePage writes in the company’s Insights blog that September home sales in the state were the lowest in the country since September2007. The sales report comes in …

By Rob Chrisman Posted To: Pipeline Press People vote with their feet. Some population movements are dramatic and garner headlines around the world, others not so much. “About 130,000 more residents left California for other states last year than came here from them…” according to a Sacramento Bee review of the latest census estimates. “They most often went to cheaper, …

By Matthew Graham Posted To: MBS Commentary As of last Thursday, it didn’t look like traders were much interested in hearing arguments in favor of bonds. Then, an unexpectedly healthy little rally on Friday kept hope alive going into the 3-day weekend. Now this morning, the week begins with yields a few bps lower still. 10yr yields begin the week …

The ability to rely on data and verify where numbers came from will prove invaluable to the appraiser in the future. Blockchain technology will provide such validation, saving appraisers precious time searching for numerical verification. Valuation Review spoke with Ernie Durbin, chief valuation officer at Clarocity, for his insights and expertise on Blockchain and the many benefits it will bring …

The Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF) held a public meeting recently in Washington, D.C., to discuss the Second Exposure Draft’s Proposed Changes to USPAP. Valuation Review spoke with TAF Appraisal Issues Director John Brenan for a recap of this meeting. Read on to find out what we were told, and what to expect in future meetings. …

CoreLogic earlier announced the introduction of its Total Home Value suite of automated valuation models (AVMs). The Total Home Value AVM suite incorporates new cascade methodologies and is designed to help simplify AVM selection and provide optimal performance levels and delivery options for specific business needs. Valuation Review spoke with a CoreLogic executive for more details on this technology and …

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the new residential sales statistics for September 2018. Read on to learn more from the report. Via:: HUD, Census Bureau release monthly residential sales report       

Deephaven Mortgage announced a partnership with one of the nation’s fastest-growing appraisal management companies in Class Appraisal. Read on to find out more about this partnership and what it means for the valuation industry. Via:: Deephaven Mortgage, Class Appraisal partner