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In another meaningful stride towards fairness and transparency in the housing market, the U.S. Department of Housing and Urban Development (HUD) announced (HUD No. 24-096) a reconsideration of value (ROV) policy change through the Federal Housing Administration (FHA) on May 1, 2024. In addition, the government-sponsored enterprises (GSEs) followed suit. Fannie Mae® announced a Selling Guide ROV update (SEL-2024-03, B4-1.3-12), as did Freddie Mac® (Bulletin 2024-6), on the same day as the new HUD ROV policy.
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is
Pending listings declined over Q3 2022 in the highlighted markets, but the extent of the decline varied regionally. Salt Lake
Veros acquires Valligent to further revolutionize and drive the property valuation industry beyond where it is today. Together, the companies
After two years of rapidly rising prices, the housing market seems to have lost steam. There is widespread expectation that
The 2022 Q2 VeroFORECAST anticipates home prices will appreciate on average just 4.5% for the next twelve months. This is
The results revealed no evidence of racial basis in the VeroVALUE AVM.
“We found that the proportion of properties that
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