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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker down with their lower rates. Industry professionals expect an increase in transactions following the Fed’s recent rate cuts , leading to an increase in appraisal demands.

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Propy partners with Inspectify to streamline home inspections

Housing Wire

Real estate technology platform Propy is now enabling its users to handle property inspections without leaving its app. The San Francisco -based Propy has formed a partnership with property inspection platform Inspectify , according to a joint announcement on Tuesday.

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ClearValue teams with Restb.ai to bring computer vision to appraisal process

Housing Wire

The real estate industry is racing to find ways that artificial intelligence (AI) can improve business practices. Restb.ai’s technology will be compatible with broker price opinions, appraisals, inspections and forms. “By ClearValue Consulting thinks it’s found a way. The firm has partnered with Restb.ai

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Double whammy: Florida condo market grapples with rising insurance costs, milestone inspections

Housing Wire

What is happening with condos is that we have the condo safety act that was implemented, and the milestone inspections, and then the reserve fundings that are going to be required,“ Pithers added. Despite the recent news headlines, insurance industry experts say there is a lot to be positive about in the Florida residential insurance market.

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Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. Cook also feels like reverse mortgage professionals are potentially great partners for home inspection businesses.

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Are borrower-assisted inspections here to stay?

Housing Wire

In most cases the in-person inspections required by GSEs, FHA and VA policies can continue per policy; however, adjustments to policy compliance are often needed to get the loan underwritten. When inspections are safe and feasible, appraisers are wearing personal protective equipment (PPE) such as masks, gloves and shoe coverings.

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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.