Appraisal

January 27, 2023

How New Appraisal Waiver Policies Affect Old Homebuying Practices

Electing to accept an appraisal waiver may make the difference between closing on a loan and getting stuck in a repeat bidding cycle.

January 25, 2023

Appraising PropTech Innovation: Do Short-Term Changes Have Long-Ter...

Host Maiclaire Bolton Smith sits down with CoreLogic Chief Appraiser to learn about how banks are leveraging PropTech to determine the worth of a home, as well as the consequences that innovation has on markets, loans and affordability.

December 7, 2022

Quick Take: Appraisal Gap Normalizes Amid a Cooling Housing Market

Since May 2022, the appraisal gap has seen a precipitous decline at the same time that higher mortgage rates are squeezing buyers.

July 13, 2022

Nothing is Certain Except Death and (Property) Taxes

In this episode, host Maiclaire Bolton Smith sits down CoreLogic Senior Leader of Government Solutions John Gilberti to discuss property taxes, why and how they are collected, the way municipalities use them and what happens if someone is delinquent in paying them.

December 6, 2021

Appraisal Gap Falls as Fast as it Had Previously Risen

The housing market’s recovery in summer 2020 from the outbreak of the pandemic was largely unexpected: by July, despite a high unemployment rate with more than 16.3 million people out of work, home sales rebounded strongly to climb back to pre-pandemic levels and surpassed the same-period sales f...

August 11, 2021

What’s the Secret to Increasing Appraised Value?

In this episode, host Maiclaire Bolton Smith is joined by the Appraiser Coach, Dustin Harris. He discusses the value of truth, the impact of appraisal bias and reveals the secret to increasing the appraised value of a home.

July 29, 2021

Appraisal Gap Increases in “Hot” Markets

In studying the appraisal gap, we see several interesting correlations between home price appreciation, buyers paying more than listing price and buyers paying more than the appraised value.

January 22, 2021

What Can We Learn About Property Valuation from Social Media?

The Application of Social Network Graph Analysis in Comparable Selection An automated valuation model (AVM) provides an estimate of market value for the subject property at a specified point in time. Most AVM methodologies use comparable properties recently sold to value the subject property, ide...

September 23, 2020

The Recovery of Home Appraisals on Par with Home Sales despite Appr...

Whether mortgage investors expand or reduce appraisal waivers after the pandemic remains an open question In the wake of the COVID-19 pandemic, purchase-loan appraisals took a blow from disruptions inflicted upon homebuying and selling activities under nationwide lock-down and social distancing r...

May 16, 2019

Challenges Affecting Appraisals After a Natural Disaster

Each year, homeowners around the country endure catastrophic events such as floods, wildfires, hurricanes, tornadoes, and earthquakes. These events can be highly destructive to homes, especially when they occur suddenly. In the aftermath of a disaster, appraisers and assessors often find themselv...

November 10, 2016

Effective Age Versus Actual Age

An Important Appraisal Question Have you ever thought about how the components of your home contribute to the age of your home? The roof, siding, trim and windows, how long do they all last? How about the furnace and water heater? While electrical and plumbing fixtures, carpet, vinyl, flooring ma...